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Finance Glossary

174 terms that have been answers in Guess Macro, written and reviewed by Ryan Hogan. Grouped by subject, in plain language, with the context that explains why each one matters.

Central banks and monetary policy What central banks actually do, and the vocabulary their statements are written in. 18 terms. Inflation, growth and the economy The measures and ideas behind the headline numbers, from inflation prints to the shape of the cycle. 25 terms. Bonds, rates and government debt How fixed income is priced and quoted, and why a bond's yield moves opposite its price. 18 terms. Markets, trading and derivatives Market structure, the instruments traded on it, and the behaviour that shows up when it is under stress. 45 terms. Corporate finance and deals How companies raise money, return it, combine and split, and the terms that appear when they do. 24 terms. Accounting and financial reporting What the statements are actually saying, and the judgement calls hidden inside them. 19 terms. Debt, credit and risk Borrowing, the collateral behind it, and what happens when it goes wrong. 13 terms. Regulation, policy and institutions The rules publishers of financial information work under, and the bodies that write them. 12 terms.

Every term

accrual · amortize · annuity · appropriations · arbitrage · austerity · backwardation · bankruptcy · bear · benchmark · beta · blackscholes · breakeven · brent · bubble · buttonwood · buyback · buyout · call · capital · cbdc · classical · clawback · clearing · collateral · collusion · confidence · contango · continuity · convexity · core · correlation · covenant · crude · crypto · cuts · debenture · debt · default · defeasance · deficit · deflation · deleveraging · depletion · deposit · depreciation · derivative · dilution · discount · dividend · doldrums · dotcom · dovish · dressing · duration · easing · elasticity · equity · escrow · estimated · extension · factoring · fiduciary · fiscal · flash · float · fomc · frontrunning · fsoc · furlough · futures · gamma · geometric · gilt · goodwill · greenmail · greenshoe · guidance · haircut · harvesting · hawkish · headline · hedge · hike · hypothecation · impairment · indenture · inflation · intermediate · intervention · keynesian · kiwi · lapse · leverage · libor · limit · liquidity · lockup · margin · market · marxian · matching · minutes · monopsony · mortgages · novation · oligopoly · omnibus · output · partnership · patriot · payrolls · penny · perpetuity · pinning · plaza · poison · ponzi · portfolio · private · provision · quadruple · quick · rebalancing · recency · recession · reconciliation · refinancing · repo · resolution · revenue · rolling · rollover · seasonality · seigniorage · selic · sentiment · sharpe · shutdown · slippage · smoot · solvency · sovereign · spac · spinoff · split · spoofing · spread · stagflation · stuffing · subchapter · subordination · subprime · surplus · surprise · swap · swift · symposium · taper · tariff · thrift · tightening · tranche · treasury · trough · unemployment · unicorn · utility · valuation · vix · volatility · whisper · witching · yield