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Banking and Finance

BUYOUT baɪˌaʊt

01 Dec 2022


  • when a person or group buys control of a company.
Example Sentence: A private equity firm has completed its $3.5bn buyout of the UK music group.


26 Nov 2022


  • 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.


20 Nov 2022


  • 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


  • 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


  • 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


  • 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


  • 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


  • 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


  • 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


  • 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.

INSOLVENT /ɪnˈsɒl vənt/

26 Aug 2022


  • A person or company becomes insolvent if they are unable to pay their debts when they are due to be paid.
Example Sentences:Probably 90% of the adult population in this country are insolvent in real terms due mainly to mortgage debts.
After the loss of several major contracts, the company has become insolvent.

GROSS PROFIT MARGIN groʊs prɒfɪt mɑrdʒɪn

19 Aug 2022


  • 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


  • 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


  • 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


  • 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.