Sunday 14 December 2008

[30days] Business, Business and Business...

I have found a website from BBC news and actually learnt and revised some words form it as well!

  • GDP - Gross Domestic Product. A measure of economic activity in a country, namely of all the services and goods produced in a year. There are 3 main ways of calculating GDP - through output, through income and through expenditure.
  • Hedge fund - A private investment fund with a large, unregulated pool of capital and very experienced investors. It used a range of sophisticated strategies to maximise returns - including hedging, leveraging and derivatives trading.
  • Hedging - Making an investment to reduce the risk of price fluctuations to the value of an asset.
  • Bond - A debt security - or more simply an IOU. The bond states when a loan must be repaid and what interest the borrower (issuer) must pay to the holder. Banks and investors buy and trade bonds.
  • Commodities - Commodities are products that, in their basic form, are all the same so it makes little difference from whom you buy them.
  • Deflation - The downward price movement of goods and services.
  • Leveraging - Leveraging, or gearing, means using debt to supplement investment.
  • Warrants - A document entitling the bearer to receive shares, usually at a stated price.

Also the 2 podcasts I have listened to:

  • Budget commentary
  • Fairtrade

And an article from BBC news - Santander to shed 1,900 UK jobs

:)

3 comments:

chris sivewright said...

This vocabulary that you are looking at NOW was set for you as HOMEWORK EIGHT WEEKS AGO

http://efbusinesseconomics.blogspot.com/2008/10/key-vocabulary-financial-crisis.html

Yet another reason why you MUST read the blog and do the work!

Becca. said...

Oh :O yeah I know.. but I go to your blog like everyday... but sometimes the updatings were too fast...so then I missed some of them sometimes... :(

ok Ill be more aware of it next time :)

chris sivewright said...

All you have to do is click the HOMEWORK button....and the ECONOMICS button and the BUSINESS STUDIES button.

Easy!