Financial Market - Financial Market Slang

Financial Market Slang

  • Poison pill, when a company issues more shares to prevent being bought out by another company, thereby increasing the number of outstanding shares to be bought by the hostile company making the bid to establish majority.
  • Quant, a quantitative analyst with a PhD (and above) level of training in mathematics and statistical methods.
  • Rocket scientist, a financial consultant at the zenith of mathematical and computer programming skill. They are able to invent derivatives of high complexity and construct sophisticated pricing models. They generally handle the most advanced computing techniques adopted by the financial markets since the early 1980s. Typically, they are physicists and engineers by training; rocket scientists do not necessarily build rockets for a living.
  • White Knight, a friendly party in a takeover bid. Used to describe a party that buys the shares of one organization to help prevent against a hostile takeover of that organization by another party.
  • round tripping
  • smurfing
  • Spread, the difference between the highest bid and the lowest offer.

Read more about this topic:  Financial Market

Famous quotes containing the words financial, market and/or slang:

    “What people don’t realize is that intimacy has its conventions as well as ordinary social intercourse. There are three cardinal rules—don’t take somebody else’s boyfriend unless you’ve been specifically invited to do so, don’t take a drink without being asked, and keep a scrupulous accounting in financial matters.”
    —W.H. (Wystan Hugh)

    “Talk of a divinity in man! Look at the teamster on the highway, wending to market by day or night; does any divinity stir within him? His highest duty to fodder and water his horses! What is his destiny to him compared with the shipping interests?”
    —Henry David Thoreau (1817–1862)

    “I’ve found that there are only two kinds that are any good: slang that has established itself in the language, and slang that you make up yourself. Everything else is apt to be passé before it gets into print.”
    —Raymond Chandler (1888–1959)