Additional definitions are included for terms used in. A plain english guide to financial terms simply put. Working on this glossary, we went through many authoritative glossaries to pick up the useful contemporary words for the readers of this. Finding an integrated list of financial terms and definitions is only comprehensively possible with the aid of a financial dictionary. January 2014 new glossary terms added to incorporate terms for module ofs. The bureau is publically sharing it in an effort to further the accessibility of financial information to limited english proficiency persons. A laymans guide to financial terms utsc university of toronto.
Accounts payable accounts payable refers to the amount the snp owes, but has not yet paid, for goods delivered and services. The amount is set out in the companys memorandum of association. If there are terms acronyms you recommend be added, please email. Glossary of important business, economic, and financial history terms. Such bonds are more marketable, and thus price better in the market, because certain financial institutions that purchase the bonds are given more favorable tax treatment on money they are deemed to have borrowed to carry. Financial statements are written records that convey the business activities and the financial performance of a company.
Glossary of important business, economic, and financial history terms by robert e. This az pocket guide to understanding financial terms is just one of the achievements of ebss partnership with nala. Glossary of public finance terms 5 tions pursuant to section 265b of the internal revenue code in any calendar year. The a to z of financial terms plain english campaign. The balance sheet is typically accompanied by notes that explain the organizations liquidity, debt. Glossary of financial terms and definitions wealth how. This is a report and opinion, by an independent person or firm, on an organisations financial records. Wright, director of the thomas willing institute for the study of financial markets, institutions, and regulations and the nef family chair of political economy, augustana college sd this work is not ed. A service that oversees, measures, and evaluates financial information for decision making purposes. Glossary of finance terms national association of counties. This guide provides easytounderstand definition and explanation of financial terms.
Authorised share capital this is the highest amount of share capital that a company can issue. As a resource for conference attendees, nic has compiled this glossary of frequently used real estate and financial terms in the seniors housing and skilled nursing industry. The equation that is the basis of the balance sheet. A record that holds the results of financial transactions. October 2014 added definition for relevant authorities. This article is an attempt to create a glossary of financial terms, which is both compact as well as comprehensive. This glossary of common financial terms was created and is used by the bureau for translating consumer education materials from english to chinese.
This glossary is for anyone who wants and needs to learn the terms related to the field of money and banking. The cfpbs glossary of english chinese financial terms. Having launched it originally in 2004 we have now updated it with modern. It will also help and encourage those who write such documents to. This financial glossary gives better, more precise, and simpletounderstand meanings of financial terminology. This excellent guide will help ordinary people understand financial, tax and legal documents. A form of corporation, allowed by the irs for most companies with 35 or fewer shareholders, which enables the company to enjoy the benefits of incorporation but be taxed as if it were a partnership. Financial terms this section defines certain key financial accounts used by mfis. This publication, a glossary of public finance terms for. World bank glossary world bank documents world bank group. July 2016 amended definition of politically exposed person pep. When an applicant, affiliate, andor principal has another application filed for the same disaster for separate damages. This information provides a succinct overview of the financial strength of an organization in terms of its liquidity, flexibility and short and longterm obligations or debt.
Pdf account payable an amount due for payment to a supplier of goods. Added definitions for external trading member, financial services, licensee, market maker and proprietary trading member. Pdf the dictionary of financial and economic terms is the first dictionary that is entirely dedicated to providing concise definitions and simple. An actuary is an expert on pension scheme assets and liabilities, life expectancy and probabilities for insurance purposes the likelihood of things happening.