I want to play a game...

Comments

• Sarah Posts: 944 Sr Portfolio Manager

  March 2013

  Takeover: a merger, usually hostile. The target company's managements' ego is bruised.
  
  (excuse the poor grammar at the end)

  0 · Share on Google+ Share on TwitterShare on Facebook
• MattyJ Posts: 421 Sr Portfolio Manager

  March 2013

  Vertical integration: expanding your business to incorporate parts of the supply chain that occur before or after the market where the business currently operates

  0 · Share on Google+ Share on TwitterShare on Facebook
• Sarah Posts: 944 Sr Portfolio Manager

  March 2013

  Initial public offering (IPO): When a company goes public by issuing common stock on an exchange.

  0 · Share on Google+ Share on TwitterShare on Facebook
• AjFinance Posts: 473 Portfolio Manager

  March 2013

  Intra day trading : A trading strategy employed to exploit the mispricing and movements of securities during the trading hours in a day.

  0 · Share on Google+ Share on TwitterShare on Facebook
• MattyJ Posts: 421 Sr Portfolio Manager

  March 2013

  Non-cash charge: a charge/expense which is passed through the profit & loss account but is based on a balance sheet movement only rather than a cash outflow.

  0 · Share on Google+ Share on TwitterShare on Facebook
• AjFinance Posts: 473 Portfolio Manager

  March 2013

  Earnings before taxes : The earnings of the company before the applicable taxes have been deducted.

  0 · Share on Google+ Share on TwitterShare on Facebook
• MattyJ Posts: 421 Sr Portfolio Manager

  March 2013

  EBITDA: earnings before interest, tax, depreciation and amortisation

  0 · Share on Google+ Share on TwitterShare on Facebook
• Reena Posts: 227 Jr Portfolio Manager

  March 2013

  LOL, I think EBITDA has been done before...

  

  1 · Share on Google+ Share on TwitterShare on Facebook
• MattyJ Posts: 421 Sr Portfolio Manager

  March 2013

  Reena said:

  LOL, I think EBITDA has been done before...

  Did I say EBITDA? Must have been the predictive text on the iPad, as I definitely typed EBIT
  
  

  0 · Share on Google+ Share on TwitterShare on Facebook
• policedog Posts: 271 Jr Portfolio Manager

  March 2013

  MattJuniper said:

  Reena said:

  LOL, I think EBITDA has been done before...

  Did I say EBITDA? Must have been the predictive text on the iPad, as I definitely typed EBIT
  
  

  And also added 'amortization and depreciation' all on its own. iOS predictive text is getting too omniscient.
  
  

  

  2 · Share on Google+ Share on TwitterShare on Facebook
• Sarah Posts: 944 Sr Portfolio Manager

  March 2013

  triangular arbitrage: a three currency transaction that exploits the difference to earn a mostly risk-less profit.

  0 · Share on Google+ Share on TwitterShare on Facebook
• Zee Charterholder London - UKPosts: 1,550 Sr Partner

  March 2013

  Geometric mean: A mean calculation one order higher than an arithmetic mean. I.e. in arithmetic mean you sum all and divide by n, in geometric mean you multiply all and take the root of n.
  
  (OK that was a really un-textbooklike explanation...)

  0 · Share on Google+ Share on TwitterShare on Facebook
• Sophie Posts: 2,025 Sr Partner

  March 2013

  Active return = The return on a portfolio minus the return on the portfolio’s benchmark.
  

  0 · Share on Google+ Share on TwitterShare on Facebook
• AjFinance Posts: 473 Portfolio Manager

  March 2013

  Unrealised return : The return that has accumulated but not yet cashed in. (I've given a very raw definition. Correct me if I'm wrong)

  0 · Share on Google+ Share on TwitterShare on Facebook
• Sophie Posts: 2,025 Sr Partner

  March 2013

  Normal contango = The condition in futures markets in which futures prices are higher than expected spot prices.
  
  

  0 · Share on Google+ Share on TwitterShare on Facebook
• AjFinance Posts: 473 Portfolio Manager

  March 2013

  @Sophie Contango and Backwardation concepts never ceased to confuse me. @-)

  0 · Share on Google+ Share on TwitterShare on Facebook
• MattyJ Posts: 421 Sr Portfolio Manager

  March 2013

  AjFinance said:

  Contango and Backwardation concepts never ceased to confuse me. @-)

  Reminds me of one of the comments posted on the Goldman Sachs Elevator Twitter account:
  
  GS Banker 1: "My girlfriend thought backwardation was a sexual thing."
  GS Banker 2: "There's a keeper."

  

  1 · Share on Google+ Share on TwitterShare on Facebook
• jimmyg Posts: 104 Jr Portfolio Manager

  March 2013

  AjFinance said:

  @Sophie Contango and Backwardation concepts never ceased to confuse me. @-)

  Amen to that...I never really got that.
  
  Operating lease. A lease used to acquire equipment on a short term basis (when compared to the actual full life of the asset).

  0 · Share on Google+ Share on TwitterShare on Facebook
• MattyJ Posts: 421 Sr Portfolio Manager

  March 2013

  Share price: the price of a single share, usually by reference to the current market price albeit could also apply to privately held shares as well.

  0 · Share on Google+ Share on TwitterShare on Facebook
• Snippy Posts: 653 Portfolio Manager

  March 2013

  Information cascades - Uninformed traders watch well informed traders and make decisions.

  0 · Share on Google+ Share on TwitterShare on Facebook
• Zee Charterholder London - UKPosts: 1,550 Sr Partner

  March 2013

  Data-mining bias = Bias that results from repeatedly researching to prove a certain point until some statistically significant pattern is found.

  0 · Share on Google+ Share on TwitterShare on Facebook
• Snippy Posts: 653 Portfolio Manager

  March 2013

  Sales risk - Uncertainity about firm sales.
  
  P.S. Sorry if this is too damn simple a term. Whatever popped in my head i put eere.

  0 · Share on Google+ Share on TwitterShare on Facebook
• christine On the movePosts: 632 Sr Portfolio Manager

  March 2013

  Salvage value - the remaining value of an asset at the end of its useful life.
  
  @sidmenon not a problem! It gets harder as time goes by...

  0 · Share on Google+ Share on TwitterShare on Facebook
• MattyJ Posts: 421 Sr Portfolio Manager

  March 2013

  LIFO: last in first out, a method of assigning a value to 'cost of goods' given the stock you hold in your inventory, where the most recent item bought is the one you use

  0 · Share on Google+ Share on TwitterShare on Facebook
• christine On the movePosts: 632 Sr Portfolio Manager

  March 2013

  .....FIFO. first in first out, a method of assigning a value to COGS given the stock in inventory, where the first items in entire inventory are deemed to be used first.

  

  1 · Share on Google+ Share on TwitterShare on Facebook
• AjFinance Posts: 473 Portfolio Manager

  March 2013

  Fixed Asset : Tangible/Physical Assets of a company. For ex : Land, P&E, etc.

  0 · Share on Google+ Share on TwitterShare on Facebook
• Maroon5 LA, USPosts: 203 Jr Portfolio Manager

  March 2013

  serial correlation = a problem in regression analysis where the residuals are correlated over time intervals.

  0 · Share on Google+ Share on TwitterShare on Facebook
• AjFinance Posts: 473 Portfolio Manager

  March 2013

  On the Run Treasury securities : The latest treasury fixed income securities in the market.

  0 · Share on Google+ Share on TwitterShare on Facebook
• Snippy Posts: 653 Portfolio Manager

  March 2013 edited March 2013

  Keep getting the same letters lol.
  
  Indifference curve - A curve which shows combinations of risk and return with for which an investor is indifferent.

  0 · Share on Google+ Share on TwitterShare on Facebook
• AjFinance Posts: 473 Portfolio Manager

  March 2013

  VAR (Value at risk) : A risk measure that provides the probability of loss at a given level of risk. (Please correct me if this is wrong)

  0 · Share on Google+ Share on TwitterShare on Facebook