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.
bear raid n. It’s no coincidence that since then the size and severity of market declines is unprecedented. It was a hedge fund traders dream come true. When a group of hedge funds gang up and sell billions in what is called a “bear raid,” they can drive any stock down and you and I are left as innocent bystanders. [EnglishMoney & FinanceNew or Nonce] [full cite] (Apr. 2, 2008)
bear squeeze n. Their view was that QXL was overvalued. However, the bears got it badly wrong and shares in the online auctioneer simply held their ground. When it was time for the raiders to close their positions, they found stock was scarce in the market and soon it was they who were paradoxically driving QXL shares higher as they scrabbled to buy them back. In City dealing room parlance, this is called a bear squeeze. [EnglishMoney & Finance] [full cite] (Sep. 20, 2005)
bed-and-breakfasting n. Another tactic, if an investor thinks a company is fundamentally sound but wants to crystallise the loss, is to sell in June and buy the same stock back in July, a practice known as bed-and-breakfasting and strictly forbidden by the Tax Office. [EnglishMoney & Finance] [full cite] (Jul. 14, 2006)
Benjie n. “Jam day! I’m gonna make some Benjies, man!” he squealed, rubbing his hands together in the age-old sign for money (Benjies is short for Benjamin Franklin’s, or hundred dollar bills). [EnglishNigeriaMoney & Finance] [full cite] (Aug. 9, 2005)
bezzle n. At any given time there exists an inventory of undiscovered embezzlement in—or more precisely not in—the country’s businesses and banks. This inventory—it should perhaps be called the bezzle—amounts at any moment to millions of dollars. [EnglishMoney & FinanceNew or Nonce] [full cite] (May. 15, 2006)
big bath n. Companies can use accounting tactics to make one quarter, or one year, look worse than it really was, often by putting aside reserves. This is called “the big bath.” [EnglishMoney & FinanceJargon] [full cite] (Aug. 2, 2005)
Big Mo n. I would argue that Altria is still relatively cheap, P/E below 16 on a trailing basis, (can you BELIEVE Merck is cheaper than Altria!) Plus, Wall Street moves slowly. There is still a huge bias against the Big Mo (as it’s called on the Street.) [ LanguageEnglish SubjectMoney & Finance] [full cite] (Dec. 21, 2005)
bills n. I remember the first time I saw a Jamaican $100 bill. It was at home in St. Thomas and an “uncle’ was visiting from the United States.…I do not know when the $100 became a “bills,” as it is commonly referred to (it has been more recently referred to as a “dollar,” no doubt as its purchasing power falls). Of course, the $500 note is known as a “Nanny.” [EnglishJamaicaMoney & FinanceSlang] [full cite] (May. 31, 2007)
birth tax n. Reid has been more than willing to stand up to the Administration on every issue from protecting Social Security to blocking federal nominations of extremist judges. And he’s coined some nifty phrases, as well, like calling the growing deficit a “birth tax.” The deficit is, in effect, a birth tax for the next wave of Americans, placing a financial burden on future generations. [EnglishMoney & FinancePolitics] [full cite] (Mar. 19, 2005)
birth tax n. He complained that everyone talks about the “death tax,” while he wants to do something about the “birth tax,” that is, the $156,000 that is each American’s share of the federal debt burden. [EnglishGovernmentMoney & Finance] [full cite] (Jul. 31, 2006)