- 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:
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!
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 :)
All you have to do is click the HOMEWORK button....and the ECONOMICS button and the BUSINESS STUDIES button.
Easy!
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