Synopsis
Would you buy from a stag or a stale bull? Does a blue chip company issue a naked debenture? From dawn raid to liquidity trap, from FOOTSIE to the Nikkei, Dictionary of Finance and Banking, Second Edition provides comprehensive coverage of financial matters that will make it an invaluable resource for anyone working in banking or finance. Completely updated with substantially expanded coverage of banking, it contains over 3,000 entries on every aspect of the financial world: insurance, stocks and shares, commodities, takeovers and mergers, international trade, and government finance.
The dictionary also provides international coverage of the world's most important financial centers, including New York, London, Frankfurt, Tokyo, and Hong Kong. Prepared with the help of a team of experts from Lloyds Bank, this essential reference offers straightforward definitions of the latest financial jargon, making it the most inclusive paperback finance dictionary on the market. The lucid entries and in-depth coverage of personal finance--including investments, pensions, and taxes--also make the Dictionary of Finance and Banking ideal for investors, homeowners, students, and those generally interested in business and finance.
Review
Economists and accountants need no urging to stock their libraries with up-to-date texts, but the general public often sees no need. Sadly, the first book of finance may be a bankruptcy how-to. Financial acumen is desirable no matter what your position or bank account, and the Dictionary of Finance Banking is a scholarly yet accessible compendium of financial wisdom that is especially useful if you're a student, investor, or starting a business and drowning in a sea of new jargon. From absorption costing to zloty, more than 4,000 terms are defined. Believe badges of trade are earned by boy scouts, confused by balloon mortgages, made head-achy from balanced-budget multipliers? Just perusing one page of the Bs provides an education, and so it goes through all manner of financing and banking terms in this smart and incisive dictionary. --Stephanie Gold
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