Dictionary


Balance Sheet

balance sheet

asset

real asset

commodity

asset class

financial asset

liability

owners' equity

initial public offering (IPO)

mark-to-market accounting

write down

off-balance sheet

mergers and acquisitions (M&A)

hostile takeover

joint venture (JV)

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Currencies

fiat money

Federal Reserve System (The Fed)

regional Fed Banks

Federal Open Market Committee (FOMC)

Beige Book

European Central Bank (ECB)

euro area

European Union (E.U.)

ECB Governing Council

Bank of England (BoE)

Swiss National Bank (SNB)

Bank of Canada (BoC)

Reserve Bank of Australia (RBA)

Bank of Korea (BoK)

Bank of Thailand (BoT)

other currencies

exchange rate

pip

appreciate

depreciate

devalue

exchange rate risk

convertible

U.S. Dollar Index (DXY)

Bank of Japan (BoJ)

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Fixed Income

fixed income

cash flow

time value of money

maturity

default

haircut

bankruptcy

bond

creditor

debtor

bondholder

par value

principal

coupon

fixed-rate

floating-rate

zero-coupon

premium

discount

yield to maturity (YTM)

yield curve

inverted

U.S. Treasury Security

bund

yield

interest rate risk

credit risk

collateral

secured

unsecured

basis points (bps)

convertible bond

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Fundamental Analysis

fundamental analysis

buy and hold

diversification

management bias

fiscal year

quarter

earnings season

price-to-earnings (P/E) ratio

trailing earnings

forward earnings

profit margin

book value

price-to-book (P/B) ratio

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History, Politics, and International Organizations

Weimar Republic

Smoot-Hawley Tariff Act of 1930

Great Depression

populism

International Monetary Fund (IMF)

Organization of Petroleum Exporting Countries (OPEC)

Group of Seven (G7)

Group of Twenty (G20)

Lost Decade

Great Recession

Arab Spring

Occupy Wall Street (OWS)

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Macroeconomics

inflation

Consumer Price Index (CPI)

Producer Price Index (PPI)

purchasing power

nominal

real

inflation risk

hyperinflation

disinflation

deflation

gross domestic product (GDP)

consumption

investment

government spending

import

export

balance of trade

trade surplus

trade deficit

debt-to-GDP ratio

recession

v-shaped recovery

double dip recession

leading indicator

lagging indicator

survey data

hard data

unemployment rate

working-age population

labor force

U3 unemployment rate

U6 unemployment rate

U1, U2, U4, and U5

initial jobless claims

continuing jobless claims

stagflation

supply shock

consumer confidence

The Conference Board

Consumer Confidence Index (CCI)

University of Michigan/Thomson Reuters Consumer Sentiment Index

Bureau of Labor Statistics (BLS)

S&P/Case-Shiller Home Price Index

fiscal policy

fiscal stimulus

subsidy

tax

austerity

deleverage

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Options

option

strike price

call

put

expiration

in-the-money (ITM)

at-the-money (ATM)

out-of-the-money (OTM)

write

premium

intrinsic value

time value

American option

European option

implied volatility

Black-Scholes model

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Securities

security

counterparty

exchange

over-the-counter (OTC)

liquidity

liquidity risk

financial markets

capital markets

money markets

primary market

bid-to-cover ratio

underwriter

secondary market

secondary offering

securitization

asset-backed security (ABS)

mortgage-backed security (MBS)

derivative

underlying

spot transaction

forward contract

futures contract

swap

Delta One

exchange-traded fund (ETF)

exchange-traded note (ETN)

long

sell short

buy to cover

short

short squeeze

bullish

bearish

delist

trading halt

insider information

insider trading

portfolio

asset allocation

idiosyncratic risk

systematic risk

credit rating

investment grade

junk

Moody's

Fitch Ratings

Standard & Poor's

Commodity Futures Trading Commission (CFTC)

risk asset

safe haven

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Stocks

market capitalization (market cap)

shareholder

board of directors

dividend

ex-dividend date

dividend yield

share buyback

stock dilution

value stock

growth stock

blue-chip

large cap

mid cap

small cap

Dow Jones Industrial Average (DJIA)

Nasdaq

Standard & Poor's 500 Index (S&P 500)

Russell 2000 Index (Russell 2000)

New York Stock Exchange (NYSE)

Toronto Stock Exchange (TSX)

FTSE 100 Index

Deutscher Aktien Index (DAX)

Euronext Paris

CAC 40

Bovespa Index (Bovespa)

Nikkei 225

Tokyo Stock Exchange (TSE)

Shanghai Stock Exchange (SSE) Composite Index

Hang Seng Index (HSI)

Taiwan Stock Exchange Corporation (TSEC)

Bombay Stock Exchange (BSE) Sensex

stock

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Technical Analysis

technical analysis

volatility

mean reversion

moving average

simple moving average (SMA)

exponential moving average (EMA)

oversold

overbought

trend line

reversal

support

resistance

pullback

correction

pre-market

intraday

after-hours

52-week high

52-week low

volume

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The Monetary System

fractional reserve banking

deposit

bank reserves

required reserve ratio (RRR)

bank run

bank

credit union

Federal Deposit Insurance Corporation (FDIC)

National Credit Union Shared Insurance Fund (NCSIF

money supply

M0

monetary base

M1

M2

money market account (MMA)

M3

money market fund (MMF)

repurchase (repo) agreement

M4 and M5

central bank

monetary policy

hawkish

dovish

monetary stimulus

zero lower bound

quantitative easing (QE)

interbank rate

London Interbank Offered Rate (LIBOR)

Shanghai Interbank Offered Rate (SHIBOR)

systemic risk

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Trade

protectionism

trade war

tariff

quota

embargo

sanctions

free trade agreement (FTA)

repatriate

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Current Term

government spending

Category: Macroeconomics

The total value of all public sector expenditures in an economy. The total amount of money spent by the government, including local, state, and federal bodies. One of the four traditional components of GDP.
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