Money & Finance Slang, Jargon, and New Words from Double-Tongued Dictionary

Citations in the Category Money & Finance

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.

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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. [English Money & Finance Politics] [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. [English Government Money & Finance] [full cite] (Jul. 31, 2006)

black box trading n. The exchange plans to expand Direct Market Access trading, which encapsulates high volume institutional trading, sometimes referred to as black box or program trading. [English Money & Finance Jargon] [full cite] (May. 25, 2005)

black diamond n. The competition has got tougher, but with this emerging market—the “black diamonds” as they’re called in the trade—people are buying homes, moving into homes, and upgrading. I think that market is in its infancy—it’s going to continue to grow. [English South Africa Money & Finance] [full cite] (Jun. 1, 2007)

black dollar n. He said high-ranking CID officers were protecting people who deal in counterfeit currency commonly called “black dollars” who have taken to conning civilians like nuns of huge sums of money. [English Uganda Crime & Prisons Money & Finance] [full cite] (Jun. 29, 2006)

black swan n. Finance is about numbers, and some numerical analysis will always be needed to see trends and plan investment strategies. But there are limits to numerical jugglery, and this is the underlying message of the current round of financial turmoil. Any amount of historical data fed into computers will not help economists and traders have a perfect understanding of the future. Financial alchemy will often create dust rather than gold. Rare events—call them black swans or fat tails—can make incredibly smart types look like fools. [English Money & Finance Slang] [full cite] (Mar. 19, 2008)

blade bank n. Here is a model village that is free from the ravenous moneylenders who extend loans to hapless farmers on exorbitant interest rates. Better known as “Blade Banks” in local parlance, these private banks bleed the villagers with abnormal interest loans and difficult terms, which drive many helpless victims into suicide. [English India Money & Finance] [full cite] (Mar. 10, 2008)

blank-check company n. One niche in which the company already leads are officially called a Special Purpose Acquisition Corporation (SPAC). In everyday parlance, they’re known as blank-check companies. What are those? Back in ancient times—notably the dot-com era of the 20th century—entrepreneurs came up with a dream and sold it to the eager public through an initial public offering of stock, sometimes before they had profits or even revenue. That’s old school. New school in this, the 21st century, is having an IPO for a SPAC. They have no profits and no revenue. In fact, they don’t even know what they’re going to spend their money on—hence the name “blank check.” [English Business Money & Finance] [full cite] (Nov. 8, 2006)

bleed the beast v. phr. In the polygamous community of Colorado City, a practice known as “bleeding the beast” is allegedly taking place. Activist for victims of Polygamy, Flora Jessop, who alerted authorities to the polygamist prophet Warren Jeffs’ move to Texas, says city officials are taking in large sums of federal money and then using that money to fund things that the government never intended to fund. [English Money & Finance] [full cite] (Feb. 19, 2006)

blink technology n. Chase Bank…will be the first to roll out what the industry calls contactless credit cards using what Chase has dubbed blink technology. Credit-card customers [will] simply pass those cards in front of a special reader attached to the cash register. And then, to speed things up, they might not even have to sign a receipt. [English Money & Finance Technology] [full cite] (May. 30, 2005)

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