Johathan Clements, the WSJ personal finance columnist, has some tongue-in-cheek definitions of common Wall Street and financial phrases in his column, a few excerpts:
Profit-taking: All-purpose explanation for why the market went down.
Technical factors: Alternative all-purpose explanation for why the market went down. Also useful for explaining why the market went up or sideways.
Futures: Trade these too much, and you won't have one.
Federal Reserve: Extremely powerful, like God, and also moves in strange and mysterious ways.
GETTING GOING Some Financial Lingo Redefined
Jonathan Clements
Wall Street Journal
January 7, 2006
During her time at Glenbrook, Erin focused on client engagements in business payments, cross-border transactions, bill payment, and the intersection of corporate finance, banking, and ERP/accounting. She has nearly twenty years of experience leading increasingly complex payment initiatives for corporate clients and advising financial institutions and payment technologists on the development of their payment capabilities.
Erin is also the founder of Forte Financial, a consulting firm focused on corporate finance efficiency, technology, and process improvement. She is a past president of the Financial Women’s Association of San Francisco and also a two-term past president of the San Francisco Treasury Management Association. Erin is no longer with Glenbrook, but contributed greatly during her time at the firm.