Intriguing questions, but what do they mean? As anyone who's ever tried to decipher their last investment account statement knows, the language of finance can sound foreign and intimidating. But it doesn't have to be. As clever as it is straightforward, and filled with quirky yet enormously helpful tips, this dictionary of financial terms and acronyms is packed with hundreds of definitions that will appeal to the novice and seasoned investor alike. Simple to use, and filled with examples and illustrations that clarify even the most complex concepts, Money Talk strips down the fancy lingo into manageable bits of information that actually makes sense -- and helps readers get a better handle on the chaotic and ever-changing world of finance. Whether you're slumped over an income tax form or trying to hold your own at a cocktail party filled with investment wonks, Money Talk reminds readers that managing your money is really just a matter of common sense.
Book Description
Is it beneficial to invest in widows and orphans? How do you feel about a naked sale?
Editorial Reviews
From Publishers Weekly
Lorraine Spurge (Money Clips) rose through the ranks of Wall Street from secretary to legend (she's credited with raising more money for American businesses than any other woman), so she knows that even the most modest investor can learn to speak and read finance-ese with a little help. In Money Talk: From Alphabet Stock to the Naked SaleAThe Words and Phrases That Control Your Money, she clearly and engagingly defines familiar terms (blue chips, debit card and intestate) as well as more arcane ones, including such antitakeover tactics as "the Pac Man defense" and the "poison pill," and a "tangerine" ("a company with the potential to be separated into juicy segments").
Copyright 2000 Reed Business Information, Inc.
Copyright 2000 Reed Business Information, Inc.
From Library Journal
Do we really need another dictionary of financial terms? When the author is Spurge, former investment banker and Wall Street insider, the answer is an enthusiastic yes. Spurge has compiled an authoritative list of hundreds of financial words and acronyms, from "abatement" to "zero coupon bonds," all designed to enlighten the average reader. She provides a good overview of "bankruptcy" and its different types (Chapters 7, 11, and 13), and "derivatives," never an easy concept to grasp, is given a fairly easy-to-understand explanation. While she does define "hedging," she unfortunately omits "hedge funds," which have been in the news. Internet terms like "hypertext" are covered, but, curiously, Spurge overlooks "day trading." A few names are included (Michael Bloomberg, Warren Buffett, Milton Friedman, T. Boone Pickens) but only briefly annotated. While not as comprehensive as Robert J. Shook's Wall Street Dictionary (LJ 5/1/99), this is certainly an enjoyable book to read and a welcome addition to any business reference shelf. Recommended for larger business/ financial collections.DRichard Drezen, Washington Post News Research/NewYork City Bureau
Copyright 2001 Reed Business Information, Inc.
Copyright 2001 Reed Business Information, Inc.
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