Unbanking (Unbanked)
Someone without a bank account is said to be "unbanked," and one possible reason could be a lack of banks in the geographical area. Someone who has a bank account but who decides to…
Uncle Fedster (Uncle Sam + Fedster)
"Uncle Fedster" is a blend of "Uncle Sam" and "Fedster" (meaning someone in the federal government, not someone in the Federal Reserve System). The name "Uncle…
Underbanking (Underbanked)
"Underbanking" occurs when geographical areas have only limited banking facilities. The term "underbanked" has been cited in print since a least 1935 and is often discussed with…
Union des Bandits Suisses (UBS nickname)
UBS (originally the Union Bank of Switzerland) is one of the world's largest banks and has several branches in Manhattan. The French nickname of UBS, "Union des Bandits Suisses"…
United Bank of Swindlers or Union Bank of Swindlers (UBS nickname)
UBS (originally the Union Bank of Switzerland) is one of the world's largest banks and has several branches in Manhattan. Barry Ritholtz's blog, The Big Picture, on August 20, 2009,…
Untaper
"Taper" became a financial buzzword in 2013, when there was speculation that the Federal Reserve would lessen its "quantitative easing" (what some have called…
Value Investing (Value Investor)
"Value investing" is the investment theory where a "value investor" seeks to buy a security that is undervalued at its current market price. Benjamin Graham (1894-1976) and…
Vampire REO
"Monsters of the Housing Market: Vampire REOs and Zombie Foreclosures" by Daren Blomquist appeared on RealtyTrac on October 2, 2013. An REO ("real estate owned") is a property…
Vampire Squid (Goldman Sachs nickname)
Matt Taibbi wrote in Rolling Stone of Jul 13, 2009: "The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a…
Vaporize (money that vanishes)
Money that is "vaporized" is money that has vanished, probably never return. The financial firm of MF Global declared bankruptcy on October 31, 2011; it was reported that client funds had…
Venture Capital (Venture Capitalist; Venture Capitalism)
"Venture capital" is risk capital -- money invested in startup companies with high growth potential. The term "venture capital" was used by at least 1935 and was popularized in…
Venture Socialism
Senator Jim DeMint (R-S.C.) talked about President Obama's jobs bill on Fox News’s On the Record with Greta Van Susteren on September 14, 2011: “I would love to be able to work with the…
Volcker Rule
Entry in progress -- B.P.Paul Volcker Wikipedia: Volcker RuleThe Volcker Rule is a specific section of the Dodd–Frank Wall Street Reform and Consumer Protection Act originally proposed by…
Volmageddon (volatility + Armageddon)
"Volmageddon" (volatility + Armageddon) is a portmanteau financial term that was popularized in February 2018. "First Volmageddon Casualties Emerge: One Hedge Fund Down As Much As…
Voodoo Economics
Entry in progress -- B.P. Wikiquote: George H. W. BushGeorge Herbert Walker Bush (born June 12, 1924) was the forty-first President of the United States. He is married to Barbara Bush, and is the…
Wage-Slave (Wage-Slavery)
"Wage-slavery" (or "wage slavery") is when a person is living paycheck-to-paycheck and cannot afford to leave a job to look for a better one. That person is a "wage…
Wall Street North (Stamford, CT nickname)
The city of Stamford, in Connecticut, became the North American headquarters of UBS in 2002 and the Royal Bank of Scotland in 2006. Stamford has been nicknamed "Wall Street North" since…
Wall Street of the Southwest (The Strand in Galveston)
The city of Galveston thrived from after the Civil War (1865) until the great storm that destroyed the city (1900). Galveston's port was the third busiest in the United States. The Strand (or…
Wall Street of the West (17th Street in Denver)
Denver's 17th Street has been called the "Wall Street of the West" since at least 1908 and the "Wall Street of the Rockies" since at least 1978. Many banks and financial…
Wall Street of the West (Montgomery Street in San Francisco)
San Francisco's Montgomery Street runs through its Financial District ("FiDi") and has been called the "Wall Street of the West." The term "Wall street of the west…