Financial jargon I'd like to see defined more often in the news
I don't know if it is that economics and financial journalists ultimately do not know what the fuck they're talking about OR if they're so immersed into their own little worlds, they don't get that most of what they write is not even academic, it's just utter jargon.
Herewith is a partial and quite short list of words I'd love to see defined more often in articles addressing the current banking crisis. I will be updating today as I find more of my favorites and will start (hopefully with your help) to define them in the coming days.
Oh, and given how many words and terms I am finding myself looking up, the list I'm compiling is in alphabetic order :
- "Adverse feedback loop"
- Bonds
- Credit Crisis
- Derivatives
- Global Financial System
- Libor
- Liquidity
- Liquidity Injection
- "Orderly Resolution" as in : On the other hand, the orderly resolution of nonviable banks would demonstrate a commitment to a healthy system, it said.
- Securities
- Securitization
- Stock injection
- T-Bills
- "The Market"
- Toxic Assets
- Valuations
- World Economy
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Banking | Finance | Wall Street Bailout
Nice Idea, but
do you really think that people would read it? Sure the news is supposed to inform, but you can't make people learn if they are unwilling to do so.