Banking and Finance

BANKER’S DRAFT bæŋkərs dræft

27 Feb 2019

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.
 

RAISE CAPITAL reɪz kæpɪtl

30 Nov 2018

Verb

  • to try to get money for a business venture.
Example Sentence: The factory was sold to raise capital.
 

EQUITY ɛkwɪti

14 Nov 2018

Noun

  • the value of a company’s shares.
Example Sentence: This quarter produced a return on equity of 8.85%.
 

BANKRUPT bæŋkrʌp

02 Nov 2018

Noun

  • financially unable to continue business.
Example Sentence: The company went bankrupt due to mismanagement.
 

TAKE A NOSEDIVE  

17 Oct 2018

Phrase

  • to collapse, to decrease in value.
Example Sentence: The stock market took a nosedive when the earnings of the oil company decreased.
 

SADDLED WITH DEBT  

07 Oct 2018

Phrase

  • to be burdened with debt.
Example Sentence: Our company is saddled with debt and must do something about it quickly.
 

ON CREDIT ɒn krɛdɪt

31 Aug 2018

Phrase

  • without paying cash.
Example Sentence: We usually buy most of our furniture on credit.
 

MAKE MONEY HAND OVER FIST  

28 Aug 2018

Phrase

  • to make a lot of money.
Example Sentence: The small ice cream shop has been making money hand over fist since it first opened last year.
 

MAKE AN OFFER  

27 Aug 2018

Phrase

  • to make a financial proposal for a product or service.
Example Sentence: We want to buy the house and we plan to make an offer on Saturday.
 

FLOAT (SOMEONE) A LOAN  

05 Aug 2018

Phrase

  • to loan someone money.
Example Sentence: I asked the bank to float me a loan so that I could buy a new car.
 

BUYOUT baɪˌaʊt

18 Jul 2018

Noun

  • 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.
 

BOUNCE A CHECK  

13 Jul 2018

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

07 Jul 2018

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

06 Jul 2018

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

23 Jun 2018

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.
 
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