The Global financial crisis has brought a whole lot of words and terms into popular use. Now, we try to bust some of the jargon:
Correction - a short term drop in share market prices. The term arose from the notion that during a correction, over-priced shares are reverted back to their 'correct' values.
Credit crunch - the situation created when banks stop lending to each other. This results in more expensive loans for ordinary people.
Dead cat bounce - a phrase long used on share market trading floors to describe a short-lived recovery of share market prices in a falling stock market.
Bear market - a market in which the trend is for prices to decrease. This is the opposite of a bull market where prices go up.
Recession - a period of negative economic growth, technically over two consecutive quarters.
Toxic debt - a debt that is unlikely to be paid back.
Spivs - a term popularized in World War II for flashy gamblers involved in the 'black market.' It is now being used to describe market traders who play for high stakes.
Correction - a short term drop in share market prices. The term arose from the notion that during a correction, over-priced shares are reverted back to their 'correct' values.
Credit crunch - the situation created when banks stop lending to each other. This results in more expensive loans for ordinary people.
Dead cat bounce - a phrase long used on share market trading floors to describe a short-lived recovery of share market prices in a falling stock market.
Bear market - a market in which the trend is for prices to decrease. This is the opposite of a bull market where prices go up.
Recession - a period of negative economic growth, technically over two consecutive quarters.
Toxic debt - a debt that is unlikely to be paid back.
Spivs - a term popularized in World War II for flashy gamblers involved in the 'black market.' It is now being used to describe market traders who play for high stakes.
No comments:
Post a Comment