Banking, Venture Capital, Bonds, Stocks and Shares Flashcards

Flashcards for Banking, Venture Capital, Bonds, and Stocks and Shares

Current Account (BrE) / Checking Account (AmE)

A bank account for everyday transactions.

Savings Account / Deposit Account

A bank account for saving money, often with interest.

Cashpoint (BrE) / ATM (AmE)

Automated Teller Machine, a machine for withdrawing cash.

Chequebook (BrE) / Checkbook (AmE)

A booklet of checks for making payments.

Mortgage

A loan to buy property or real estate.

Overdraft

The ability to borrow money by spending more than you have in your account.

Commercial Bank

A bank that receives deposits from and makes loans to individuals and small companies.

Investment Bank

A bank that works with big companies, raising capital, arranging mergers, and offering stockbroking services.

Private Bank

A bank that provides banking and investment services to wealthy individuals.

Islamic Bank

A bank that offers interest-free banking, sharing profits or losses with depositors.

Deposit

Money placed in a bank account.

Loan

A sum of money borrowed from a bank.

Capital

The money invested in a business.

Stocks and Shares

Certificates representing part-ownership of a company.

Bonds

Certificates of debt issued by governments or companies to raise money.

Merger

When one company combines with another one.

Takeover Bid

When one company offers to buy or acquire another one.

Stockbroking

Buying and selling stocks or shares for clients.

Portfolio

All the investments owned by an individual or organization.

Returns

The profits made on investments.

Bankrupt

Unable to pay debts or continue to do business.

Deregulation

The ending or relaxing of legal restrictions.

Conglomerate

A group of companies operating in different fields, which have joined together.

Interest

The price paid for borrowing money.

Credit Rating

Estimates of people's ability to fulfill their financial commitments.

Default

Failure to repay a loan.

Collateralized

With property or another asset used as a guarantee of payment.

Cash Flow

The money generated by an investment.

Write Off

Cancel a bad debt or a worthless asset from an account.

Venture Capital

Capital invested in a project in which there is a substantial element of risk, typically a new or expanding business.

Competitive Advantage

What an organization can do better than its competitors.

Sustainable

Able to continue over a period of time.

Sales Forecast

The sales businesses expect to achieve in a particular period of time.

Break-Even Point

Where the total costs equal total income from sales and the company makes neither a profit nor a loss.

Revenue

The total income received by a business before any expenses are paid.

Exit Strategy

An investor’s plan for getting their investment back and potentially realizing a profit.

Founders

The people who establish a company or other organization.

Personnel or Staff

The people who are employed in an organization.

Equity

Part ownership of a company in the form of stocks and shares.

Mutual Funds

Funds operated by investment companies that invest people’s money in various assets.

Pension Funds

Funds that invest money that will be paid to people after they retire from work.

Principal

The amount of capital making up a bond or other loan.

Maturity

The length of time for which a bond is issued (until it is repaid).

Coupon

The amount of interest that a bond pays.

Insolvent / Bankrupt

Unable to pay debts.

Creditors

People or institutions to whom money is owned.

Dividends

Payments by companies to their shareholders.

Market Makers

Businesses that buy and sell securities.

Bid

The price at which a buyer is prepared to buy a security at a particular time.

Offer

The price at which a seller is prepared to sell a security at a particular time.

Yield

The rate of income an investor receives from a security.

AAA (Triple A Bonds)

Totally safe government bonds, also known as the gold standard.

Subprime

People with a bad credit history or with large mortgages against properties which they can't afford.

Soared

Rose quickly.

To Kickstart

To revive or stimulate something.

Benchmark

A standard used when comparing other things.

Slump, Recession, Depression

A period when the economy is contracting.

Rally

An improvement or increase in prices.

Defaulting

Failing to repay a loan.

Go Bust

Another word for going bankrupt.

Bubble (Financial)

Prices which rise and fall a great deal in a short period of time