Category Archives: Business & Finance
Glossary of Selected Financial Terms, by the IMF – International Monetary Fund
Last Updated: October 31, 2006
No. of terms: 170
Last visited by Your Dictionary Guide: October 29, 2011
Description: A glossary can tell you more than simply the definitions of terms. For example it is interesting to see the range that is covered in glossary by big international organizations. You might rightly understand that the terms that made it into the glossary, are those that are common ground in ongoing discussions with the specific organizations. Another reason why glossaries, like the IMF Glossary of Selected Financial Terms, are interesting is that they show the specific understanding of a subject/terms by this organization. It can be rather interesting to locate the different understandings of the same term by different organizations. Certainly it is worth to know the definitions by such an influential organization as the International Monetary Fund:
“The IMF is an organization of 185 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.”
Example Term: Poverty Reduction and Growth Facility (PRGF)
Established as the Enhanced Structural Adjustment Facility (ESAF) in 1987, enlarged and extended in 1994, and further strengthened in 1999 to make poverty reduction a key and more explicit element. The purpose of the facility is to support programs to strengthen substantially and in a sustainable manner balance of payments positions, and to foster durable growth, leading to higher living standards and a reduction in poverty. Eighty low-income countries are currently PRGF-eligible. Loans are disbursed under three-year arrangements, subject to observance of performance criteria and the completion of program reviews. Loans carry an annual interest rate of 0.5 percent, with a 5-1/2 year grace period and a 10-year maturity.
Quote as: Glossary of Selected Financial Terms, by the International Monetary Fund. [plus link]
No. of terms: 6000
Description: InvestorWords.com is one of the website that made a specific terminology their business. You can expect from such a site that, if done well, it is to have comprehensive coverage of the terminology and to keep up with new developments and terms. On InvestorWords.com you are likely to find any financial term you are looking for. So this is a sure bookmark for all working in the fields of investment and finance.
Financial topics that are covered are Accounting, Banking, Bonds, Brokerages, Currencies, Dividends, Economy, Forex, Futures, Insurance, Law/Estate Planning, Mutual Funds, Options, Real Estate, Stocks, Taxes and others. You may browse the financial and investment terms according to those categories.
An additional nice feature of the site is the “Word of the Day” that will be sent to your email.
Example term: money market account
A savings account which shares some of the characteristics of a money market fund. Like other savings accounts, money market accounts are insured by the Federal government. Money market accounts offer many of the same services as checking accounts although transactions may be somewhat more limited. These accounts are usually managed by banks or brokerages, and can be a convenient place to store money that is to be used for upcoming investments or has been received from the sale of recent investments. They are very safe and highly liquid investments, but offer a lower interest rate than most other investments.
Note: Definitions on InvestorWords.com are enhanced with hyperlinks. Good feature that always helps to get into a certain area.
Keywords: financial dictionary, financial glossary, investment terms, finance terms, business terminology,finance, business and economics,
Quote as: Copyright©1997-2008 by InvestorGuide.com, Inc. ALL RIGHTS RESERVED
USDOL/OALJ: Dictionary of Occupational Titles, known in short as DOT
No. of terms: 30,000
Description: I can’t recall how I first found the DOT. I certainly didn’t look for it, as it never came to my mind that such a compendium actually exists. I assume that I was visiting the DOL (U.S. Department of Labor) Website and found the DOT be pure chance. The DOT is a unique compilation, that provides basic occupational information. It details the tasks to be performed and the levels of education that must be achieved for each position.
Example term: 002.061-010 AERODYNAMICIST (aircraft mfg.) alternate titles: aerodynamics engineer; aerophysics engineer
Plans and conducts analysis of aerodynamic, thermodynamic, aerothermodynamic, and aerophysics concepts, systems, and designs to resolve problems and determine suitability and application to aircraft and aerospace products: Establishes computational methods and computer input data for analyzing problems. Analyzes designs and develops configurations to ensure satisfactory static and dynamic stability and control characteristics for completed vehicle. Initiates and assists in formulating and evaluating laboratory, flight, and wind tunnel test programs, and prepares reports and conclusions for other engineering and design personnel. Coordinates activities of model design group and model shop to assure required configuration of wind tunnel models. Prepares air load data on vehicle to conform to aerodynamic requirements. May prepare reports on results of analyses, such as flight performance validation, aircraft configuration, trade studies, and aircraft certification. May confer with customer on performance problems during operational life of vehicle. May specialize in analysis of thermodynamic effects and be designated Thermodynamics Engineer (aircraft mfg.).
Keywords: Occupational Titles, Career, Job Description, Job Responsibilities, Human Resources, Skills
Status/Quote as: Public Domain / Dictionary of Occupational Titles; U.S. Department of Labor, Office of Administrative Law Judges.
Note: Last updated in 1991
No. of terms: 3000
Description: Comprehensive source of definitions for commerce related terms, especially from the field Economics, Business and Accounting. The dictionary, created by ITS Tutorial School, Hong Kong, is “aimed at supporting secondary and tertiary students who are studying business and commerce related subjects.”
Example term: Windfall profits
Refers to a profit or gain that occurs as a result of a specific event that was not controlled by the firm or person that realized the gain from that event.
Keywords: Accounting, Business Studies, Economics Dictionary, Accounting Dictionary, Business Dictionary, Business & Finance.
Status/Quote as: Accounting, Business Studies and Economics Dictionary. Copyright © 2005 ITS Tutorial School – All Rights Reserved.
No. of terms: 600+
The New York State Society of Certified Public Accountants (NYSSCPA) is the largest state accounting organization in the nation and currently has 30,000 members. The NYSSCPA has prepared this glossary as an educational tool for journalists who report on and interpret financial information.
Example term: Accountable Plan
An accountable plan is any reimbursement or other expense allowance arrangement of an employer that meets all of the following requirements (therefore excluding it from gross w-2 earned income and tax): (1) it provides reimbursements advances or allowances including per diem and meals, to employees for any job related deductible business expense; (2) employees must be able to substantiate expenses covered in the plan; (3) employee must return any excess advances or payments.
Keywords: Accounting Terminology, Accounting Terms, Accounting, NYSSCPA, Business, Business Dictionary, New York State Society of Certified Public Accountants
Status: ©1997 – 2008 New York State Society of Certified Public Accountants
166 Terms, printable version in PDF available.
Note: Definitions contained in Deardorff’s Glossary of International Economics have been consulted and used as a source for a number of the terms in this glossary.
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) is the regional development arm of the United Nations for the Asia-Pacific region. With a membership of 62 Governments, 58 of which are in the region, and a geographical scope that stretches from Turkey in the west to the Pacific island nation of Kiribati in the east, and from the Russian Federation in the north to New Zealand in the south, ESCAP is the most comprehensive of the United Nations five regional commissions. It is also the largest United Nations body serving the Asia-Pacific region with over 600 staff.
Example term: Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS)
One of the agreements concluded under the Uruguay Round (1986-94) to set out rules with respect to trade-related aspects of intellectual property rights, including copyright and related rights, trademarks, geographical indications, industrial designs, patents, layout-design of integrated circuits and protection on trade secrets.
Keywords: UN, UN Organization, Financial Dictionary, Business Dictionary, Trade Dictionary