Personal finance, insurance, financial markets, investments, banking, checking accounts, loans, mortgages, stocks, bonds, Wall Street, trading, hedge funds, money markets, exchange rates, mutal funds. You can also see entries assigned to this category.
banging n. According to the complaint, the defendants:…Obtain credit card numbers and charge customers’ cards, without permission in a practice known as “banging” or “burning” a credit card. [EnglishCrime & PrisonsMoney & FinanceSlang] [full cite] (Feb. 15, 2007)
banging the close n. The CFTC alleges that the defendants employed a manipulative scheme commonly known as “banging” or “marking” the close. “Banging the close” refers to the practice of acquiring a substantial position leading up to the closing period, followed by offsetting the position before the end of the close of trading for the purpose of attempting to manipulate prices. [EnglishMoney & FinanceJargon] [full cite] (Jul. 27, 2008)
bank in a suitcase n. In effect we have had to take our bank to them. To do this we have introduced portable branches as well as what is sometimes called the “bank in a suitcase"—a mobile device using advanced satellite technology that literally allows a bank account to be set in place under a tree! [EnglishMoney & Finance] [full cite] (Sep. 18, 2005)
bankster n. The Dominican government’s victory in a Miami courtroom earlier this week over one of the Caribbean nation’s most powerful financiers was a milestone in bringing the alleged architects of the country’s 2003 banking crisis to justice.…But the question is whether the Dominican government’s success in the Miami case can be replicated by other countries seeking to go after alleged banksters—the term coined by Ecuadoreans during their 1998-99 banking crisis. [ LanguageEnglish SubjectMoney & Finance] [full cite] (Nov. 10, 2005)
bar n. For second and third year associates it gets even rosier; you can easily make a bar [Wall Street slang for million] in total compensation. One of my friends recently got in at ML Canada. Nice pay! 5-figure signing bonus, and 80K base salary with 20% bonus on top of that. Talk about a killing! And these are starting salaries of course. [EnglishMoney & FinanceSlang] [full cite] (Nov. 27, 2006)
bar banking n. Bar banking, as it is sometimes called, has provided a financial lifeline for huge numbers of undocumented Irish over the years.…The paycheck is counter signed and handed over the bar by the individual who then spends part of its sum total on the premises. [EnglishMoney & Finance] [full cite] (Sep. 4, 2005)
barbecue risk n. Late in 2005, MLC Investments coined a phrase destined to pass into the investment vernacular: “barbecue risk.” It neatly sums up the pressure we feel when we hear that someone else’s investments have done better than ours. [EnglishMoney & FinanceSlang] [full cite] (Jan. 14, 2006)
bear hug n. It also included several dozen mentions of an unlikely introduction into the vernacular of white-collar crime: “Bear hug.” Fastow used the term to describe the promises Skilling made him that Enron would buy back its assets from Fastow’s partnerships, known as LJMs, at a guaranteed profit to the partnerships. [EnglishMoney & FinanceSlang] [full cite] (Mar. 15, 2006)