Anti-Dollar (gold nickname)
Gold has frequently been called the "anti-dollar." When the dollar is worth less, the price of gold (in dollars) increases. The "anti-dollar" nickname for gold became popular by…
Apoplithorismosphobia (fear of deflation)
Mark Thornton, an American economist of the Austrian School and a senior fellow with the Ludwig von Mises Institute, wrote in The Quarterly Journal of Austrian Economics (Winter 2003):…
App Economy
The term "app economy" became popular in 2008 and 2009, with the development of mobile applications ("apps"). "The 3 U's: A Model for 'Advertising' in the…
Apple Bank for Savings (originally Haarlem Savings Bank)
Haarlem Savings Bank (later Harlem Savings Bank) was founded in 1863. In 1983, it was renamed "Apple Bank for Savings" (often shortened to "Apple Bank"). A red apple is shown on…
Arbageddon (arbitrage + Armageddon)
One day in August 2014 was a disaster for the arbitrage trade. The day was quickly dubbed "Arbageddon" or "arbageddon" (arbitrage + Armageddon). "On a day some traders…
As long as you don’t need gas, groceries, affordable healthcare, retirement savings or constitutional rights, things aren’t so bad.
Inflation shows most noticeably in food prices and gas prices. A joke is that if you don't need food or gas, you're okay. "As long as you don’t need gas, groceries or retirement…
Asian Wall Street (San Gabriel Valley, CA)
Entry on progress -- B.P. Alhambra Source "Asian Wall Street" on Alhambra's Valley BoulevardFebruary 16, 2012 Alex Zhou USC Contributor Alhambra is no longer simply the "Gateway…
Attention-Interest-Desire-Action (“AIDA” of marketing)
Entry in progress -- B.P. Wikipedia: AIDA (marketing)AIDA is an acronym used in marketing that describes a common list of events that are very often undergone when a person is selling a product or…
Aunt Jane (an unsophisticated investor)
"Aunt Jane” is Wall Street’s term for the average, unsophisticated investor. Personifying someone with an “aunt” or an “uncle” name is commonplace and is often difficult to trace…
Aunt Millie (an unsophisticated investor)
"Aunt Millie" (often said to be from Omaha or Dubuque) is Wall Street's term for the average, unsophisticated investor. "Aunt Agatha" is another name that is sometimes…
Aurophobia (fear of gold)
"Aurophobia" means the fear of gold. (The symbol of gold is "au" for aurum.) The term was almost never used until the James Bond film Goldfinger (1964), when it was reported in…
Austerian (austerity + Austrian school of economics)
The word "austerian" (sometimes capitalized as "Austerian"), meaning someone who advocates "austerity" measures, became popular in June 2010. "Austerian"…
Austerical (austerity + hysterical)
"Austerical" (austerity + hysterical) is a term used by those who criticize austerity measures. "How do the Austerical Auks expect the private sector to create jobs in a period when…
Axe (bad financial asset)
Greg Smith, an executive director of Goldman Sachs. wrote the Op-Ed "Why I Am Leaving Goldman Sachs" in the March 14, 2012 New York (NY) Times, stating in part: "What are three quick…
Backstop
To "backstop" (or "back stop") something is to support or back up or bolster it. A monetary "backstop" is financial support against bankruptcy or other financial…
Bad News Bear (Bear Stearns nickname)
Bear Stearns is a brokerage firm that was founded in New York City in 1923. In March 2008, the firm's stock price fell rapidly and negotiations were made to sell the firm. Bear Stearns was…
Bagel Land
A bagel is a bread product with a hole in the center. The bagel -- like the donut, with its hole in the center -- has long symbolized the number "zero" or "0." The tennis…
Bail-In
An opposite term to the "bailout" (giving a loan to a company or country which faces serious financial difficulty) is the "bail-in" In May 1998, The Independent (UK) declared:…
Bailout
A "bail out" (now the one-word "bailout") is a financial rescue to a failing entity, such as a government loan to support a failing bank. The term began in 1932 with the…
Balance Sheet Recession
A "balance sheet recession" is the slowing of business activity after the bursting of an asset bubble (or bubbles). Economist A. Gary Shilling said in December 1990, "This is a…