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Banking and Finance

BOUNCE A CHECK  

26 Nov 2022

Phrase

  • to write a check in which you do not have enough.
Example Sentence: The young man bounced a check when he tried to pay his rent.
 

BANKROLL SOMEONE bæŋkˌroʊl

20 Nov 2022

Phrase

  • to supply someone with money, to finance someone.
Example Sentence: The movie actor bankrolled his son while the son was producing his first movie.
 

BANKER’S HOURS bæŋkərs aʊərs

19 Nov 2022

Phrase

  • short work hours (similar to when a bank is open)
Example Sentence: My sister's husband owns his own company and works banker's hours most days.
 

BLUE CHIP blu tʃɪp

06 Nov 2022

Noun

  • a company/investment that is usually profitable; whose shares that can be traded profitably and reliably in the stock market.
Example Sentence: US blue chip stocks fell today as the housing sector remains deeply depressed.
 

BANKER’S DRAFT bæŋkərs dræft

20 Oct 2022

Noun

  • a written promise from a bank to pay money, especially to another bank.
Example Sentence: We require a banker's draft to secure the deal.
 

BEAR MARKET bɛər mɑrkɪt

16 Sep 2022

Phrase

  • a downward market trend when prices of shares, commodities etc are falling and the market is pessimistic. When this occurs there is usually high inflation and unemployment.
Example Sentence: Investment in a bear market might make sense.
 

BULL MARKET bʊl mɑrkɪt

15 Sep 2022

Phrase

  • an upward market trend when prices of shares, commodities etc are rising and the market is optimistic.
Example Sentence: Though things seem to be improving in our sector, the bull market won't come back.
 

RALLY ˈræli

14 Sep 2022

Noun

  • when share prices (or the stock exchange itself) return to a strong position after a period of weakness.
Example Sentence: Unfortunately I only started buying shares when the summer stock market rally was over so I didn't get as rich as some of my friends did.
 

SLUSH FUND slʌʃ slʌʃ

05 Sep 2022

Noun

  • a certain amount of money kept for illegal and/or dishonest purposes, mainly for politics OR a reserve fund (not necessarily in the context of corruption).
Example Sentence: We all know that almost all the parties in this country have money that can be used as a little slush fund when needed.
 

GROSS PROFIT MARGIN groʊs prɒfɪt mɑrdʒɪn

19 Aug 2022

Noun

  • The difference between the selling price of a product or service and the cost of producing it, excluding taxation, salaries paid to employees, overheads (electricity, office rent etc).
Example Sentence: There were so many items I had to work with that in the end I made a mistake in calculating our gross profit margin.
 

COLLATERAL kəˈlætərəl

17 Aug 2022

Noun

  • a car, a house or something valuable that you promise to give the lender if you cannot pay back the money you borrowed from them.
Example Sentence: I need $20.000 urgently. I can put my flat in London up as collateral – it must be worth 10 times as much as that.
 

CREDIT LIMIT krɛdɪt lɪmɪt

11 Aug 2022

Noun

  • the maximum amount of money a financial institution e.g. a bank is willing to give someone.
Example Sentence: If your credit limit with your bank is too low, it's not the best solution to acquire credit cards from several different banks.
 

REMORTGAGE reɪmɔrgɪdʒ

09 Jul 2022

Verb

  • arrange a second mortgage (= an agreement with a bank or similar organization in which you borrow money to buy property), or increase the first mortgage, especially in order to obtain more money.
Example Sentence: In order to raise funds to pay off my debts, I’ve had to remortgage my apartment.
 

MORTGAGE mɔrgɪdʒ

08 Jul 2022

Noun

  • An agreement which allows you to borrow money from a bank or similar organization, especially in order to buy a house or an apartment.
Example Sentence: Banks are now being a lot more cautious about who they lend money to. It’s getting much more difficult to arrange a mortgage on a property.
 

RETURN ON INVESTMENT  

07 Jul 2022

Phrase

  • profit (or loss) on an investment, often expressed as a percentage.
Example Sentence: I initially invested $50,000 in the company. In the past 5 years, the company has paid me $150,000 in profit share. That’s what I call an excellent return on investment.
 
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