Financial terms and definitions page 2 the economic times. Real estate terminology glossary page 2 of 44 adjustable rate mortgage arm a mortgage loan whose interest rate fluctuates according to the movements of an assigned index or a designated market indicatorsuch as the weekly average of oneyear u. Acquisition of stock an acquirer purchases the capital stock of the target company. The cfpbs glossary of english spanish financial terms. A nongaap financial measure used to assess each of the banks businesses and to measure the banks overall performance. This financial glossary gives better, more precise, and simpletounderstand meanings of financial terminology. It is not a replacement for legal or financial advice and as the industry changes we will endeavour to update it. Assets resources with economic value owned by a company, fund, or individual. Weve put together a list of common business and finance terms to help you better understand the process of creating a business plan. Agent the insurance company representative who sells policies on behalf of the insurer.
A comprehensive glossary is a valuable reference tool that can be used when attending seminars, watching or listening. Glossary of financial terms and definitions wealth how. Glossary of insurance terms actuary a professional trained in the mathematics of insurance and risk management, including the calculations of premiums, policy reserves and other values. A form of corporation, allowed by the irs for most companies with 35 or fewer shareholders, which enables the company to enjoy the benefits of incorporation but be taxed as if. Founded in 1935, naco provides essential services to the nations 3,068 counties. Dictionary of finance and banking oxford reference. Invaluable for students and professionals in the fields of finance and banking, it is also ideal for private investors and readers of the financial pages. These terms are used throughout the classroom activities and can help students better understand financial literacy concepts. If another source was used other than the original. Know the glossary of financial terms and definitions alphabetically, which are most commonly use in indian finance. The guide is an important resource that will help to create a much greater understanding of. Basic investment terms creative capital management. A taxadvantaged savings plan designed to help families save money for future educational costs.
Here is the trade finance guide to terminology used across the trade, supply chain, commodity and agency finance markets. Glossary of financial terms and definitions alphabetically. This glossary focuses in particular on financial terms relevant to the uk government. Current assets those items owned by the firm which are usually turned into cash within the normal operating cycle of the business usually twelve months. Duncan williamson, times educational supplement, december 2004. The bureau is publically sharing it in an effort to further the accessibility of financial information to limited english proficient persons. The forbes financial glossary defines hundreds of finance terms to help you decode the puzzle. Financial terms glossary consumer financial protection bureau.
This glossary is for anyone who wants and needs to learn the terms related to the field of money and banking. This accessible guide is a perfect source of reference for all those with an interest in finance. Lathams first book in the series was the corporate and bank finance book of jargon, from which we have liberally plagiarized, adapting many terms to the project finance context. Basic investment terms annuity a financial product sold by financial institutions pay out a stream of payments to the individual at a later point. From 401ks to zerosum investments, the glossary is an evolving reference for investors and. A comprehensive glossary is a valuable reference tool that can be used when attending seminars, watching or listening to financial programs and reading financial market material.
Just because you passed an audit, it does not mean that your company is in good financial shape. Accounts receivable a record of all shortterm less than 12 months expected. An independent agent represents more than one company. This glossary of terms has been produced to aid beginning traders in the challenging task of becoming familiar with new vocabulary and terminology. Accounting and finance terminology public schools of. This is the most comprehensive and uptodate dictionary of finance available. Certified public accountant cpa accountants who meet specific educational requirements and pass a national examination auditor professional whose work involves checking on the accuracy of work completed by bookkeepers and accountants bank teller bank employee who handles deposits. Hemlock incorporated announced its fiscal 2017 q3 results after the markets closed, reporting nongaap earnings per share of 67 cents, an increase of 17% from the last quarter, coupled with a net. Account a fiscal and accounting entity with a selfbalancing set of general ledger codes in which cash and other financial resources, together with all related liabilities and residual equities or balances, and changes therein, are recorded and segregated for the purpose of carrying on specific. Noun n the codes c and u show whether a noun, or a particular sense of a noun, is countable an agenda, two agendas or uncountable. Accounting officer the senior official ultimately responsible for all spending of a government department or arms. Glossary of glossary of public finance terms 1 public finance terms about naco the voice of americas counties the national association of counties naco is the only national organization that represents county governments in the united states. Some loan and finance agreements have lower repayments than normal in return for a high final payment.
Acquisition the purchase of one company by another business entity. Use s personal finance glossary to find easytounderstand definitions for key terms used in personal finance and money management so you can make informed financial decisions. A slang term used to refer to something favorable that has happened in business. Glossary of utility finance and accounting terms used in our seminars letters in parenthesis, preceding the definition, identify the sources used in compiling the glossary. The most common reasons for accelerating a loan are if the borrower defaults on the loan or transfers title to. Having launched it originally in 2004 we have now updated it with modern terminology to meet with the increasing demand for the book. Go through the glossary of financial terms and know the meaning of all financial terms through their definitions here at the economic times. This glossary contains terms you may find useful when teaching youth financial literacy. Finance careers financial manager top level professional who may have final responsibility for aspects of a business financial activity accountant professional who produces and examines financial records, prepares financial reports and tax returns. Terminology related to financial documents in real estate can be intimidating. Account a fiscal and accounting entity with a selfbalancing set of general ledger codes in which cash and other financial resources, together with all related liabilities and residual equities or balances, and changes therein, are recorded and. The equation that is the basis of the balance sheet. This az pocket guide to understanding financial terms is just one of the achievements of ebss partnership with nala. Glossary of key health care finance terms gross charges revenue total patient revenue generated price x quantity deductions from revenue amount of gross charges not collected due to uncompensated care charity and bad debt contractual allowances difference between charges and payments for all payers net patient service revenue total amount of cash collected from.
Financial terms and definitions the economic times. This article is an attempt to create a glossary of financial terms, which is both compact as well as comprehensive. My informal investigations revealed that students either do not know the terms, or have heard of the terms but never. Terminology a glossary of technical terms on the economics and finance of health services by j. In this lesson, we will define some of the most common financial terms used in real estate and discuss how they. The entries in the new edition cover the vocabulary used in. Acquisition of assets an acquirer purchases the selling companys assets. Priest august 2004 a glossary of school finance terms freereducedprice meals frpm costofliving adjustment cola an increase in funding for schools from the state or federal government to compensate for in. My informal investigations revealed that students either do. An overview in words and numbers of the history of a business and its owners, aims and objectives of the business, and proposals to achieve. Critics will say it is a deliberate ploy by advisers to part you with your money by selling complex financial investments that sound. Working on this glossary, we went through many authoritative glossaries to pick up the useful contemporary words for the readers of this. The bureau created a glossary translating common financial terms into spanish in october 2015 and has updated it in 2018 with additional terms.
Banking terms list of important banking terminology pdf. Finding an integrated list of financial terms and definitions is only comprehensively possible with the aid of a financial dictionary. For example, an employee receiving a raise may reply with the words cool beans, upon receiving the news. Corporate finance terminology glossary green tree capital. The most comprehensive investing glossary on the web. Terms for the updated glossary have been compiled from other entities, including the federal housing finance agency, department of. Improve your financial literacy with this dictionary of financial terms. An adverse opinion happens when the financial statements are misleading and do not fairly represent a companys financial position.
Acquisition of assets an acquirer purchases the selling company. An actuary is an expert on pension scheme assets and liabilities, life expectancy and. Learn the most commonly used terms in finance, business and the stock market. However, since banking is a significant part of our business and personal life, it is useful for consumers to learn some common banking terms. Glossary financial and banking terms adjusted results.
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