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,
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