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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blogola n. An emailer writes that there should be a spiffy little word for blogger payola, like “blogola.” Maybe we could also do with a word for blog product placement, like maybe “product blogment.” [English Money & Finance Technology] [full cite] (Jan. 17, 2005)

blood money n. The impetus came from Ms. Nagle, who has long been fascinated by the Sanitation Department.…Blood money is “overtime for working snow once the novelty has worn off.” [English Money & Finance Slang] [full cite] (Apr. 3, 2008)

blue-state tax n. Democratic leaders in Congress are vowing to make the alternative minimum tax a centerpiece of next year’s budget debate, saying the levy threatens to unfairly increase tax bills for millions of middle-class families by the end of the decade.…The focus on the tax is hardly surprising, given that victims of the tax have been concentrated in high-cost urban areas such as Washington, New York, and San Francisco—places that tend to vote Democratic. Rangel, Hoyer, and Nancy Pelosi, Democrat of California, the minority leader, all represent states hit hard by the tax, which is sometimes called the “blue-state tax.” To map states with the highest concentrations of such taxpayers is to draw bull’s-eyes over California and the Northeastern seaboard [English Government Money & Finance Politics] [full cite] (Nov. 16, 2006)

Bo Derek n. A Wall Street broker recently e-mailed a question to the online financial dictionary Investopedia.com: “What’s a Bo Derek?” He didn’t know that the actress who played Dudley Moore’s vision of the perfect woman in the 1979 movie “10” is now a Wall Street term for “the perfect stock.” And an analyst talking about a “Jennifer Lopez” or “J. Lo” is likely talking about the rounding bottom in a stock’s price chart. [English United States Money & Finance Slang] [full cite] (Jul. 11, 2004)

BOAT n. He painted a picture of the trading desk as a blokey, aggressive but collegiate place to work, where a “big personality” was required and the term BOAT—“Biggest Of All Time”—was coined to describe the status of the team. [English Money & Finance Acronym] [full cite] (Aug. 3, 2005)

bolívar fuerte n. First, Mr. Chávez said the authorities would remove three zeroes from the denomination of the currency, the bolívar. Then he said the new bolívar, worth 1,000 old bolívars, would be renamed the “bolívar fuerte,” or strong bolívar. [Spanish Venezuela Money & Finance] [full cite] (Mar. 18, 2007)

BONCOB n. As those pseudo-silk purses now unravel, a new acronym has joined the financial argot: BONCOB, pronounced Bon-cob, according to debt traders. Translation (have the children leave the room now): “Bugger off, no chance of borrowing.” That’s the Brit version anyway. I’m sure other variations will emerge on this side of the pond. [United Kingdom Money & Finance Acronym] [full cite] (Sep. 12, 2007)

book bias n. The case against former El Paso natural gas trader Todd Geiger, who pleaded guilty last year, includes e-mails in which his colleagues discuss whether to report only real trades or include “book bias”—trader parlance for bogus internal deals that made volumes look bigger than they were. [English United States Business Crime & Prisons Money & Finance] [full cite] (Dec. 3, 2004)

book-up n. THE ANZ bank has warned it will not do business with shops that hold the credit cards and personal identification numbers of Aboriginal customers. In a submission to the Northern Territory Government, the bank says the practice, known as “book-up,” exposes indigenous people “to an unacceptable risk of fraud, theft, unsafe debt and liability for unauthorised transactions.” [English Australia Money & Finance] [full cite] (Mar. 1, 2006)

boomerang baby n. The United Kingdom calls them kippers, short for “Kids in Parents’ Pockets Eroding Retirement Savings.” The United States refers to them as “boomerang babies.” And this year, 64 percent of 2004’s college graduates in the United States join the ranks of adult children returning to live at home [English United States Money & Finance] [full cite] (Jul. 9, 2004)

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