Glossary of International Banking & Finance Acronyms and Abbreviations

Acronyms and abbreviations, pronounceable words of convenience formed from initial letters of other words, are frequently used in financial writing to concentrate the mind on the written subject. To lump them together in a general purpose dictionary is less helpful to the finance specialist who undoubtedly would find abbreviations and acronyms into a separate edition much more useful. This dictionary has been compiled to fulfill a subject order for abbreviations and acronyms. The Glossary covers the expanding and influential field of foreign exchange, treasury, money and capital markets, sovereign and corporate debt, financial futures and options, public sector borrowing, mortgage-backed assets, equities, commodities, business loans and debt collecting, money supply, macro-economic terms, technical analysis and derivatives, government & local finance, central banking, and European finance. It is intended for students and professionals in the field of finance as well as private investors and the readers of the financial pages of newspapers. The private investor and borrower will find full coverage of terms relating to savings, stock-exchange dealing, mortgages, pensions, life assurance, and taxation. Expert participants (REUTERS) in the financial markets have checked the entries. The coverage is wide and international, with entries for the world's standard currency units and many of the financial institutions in London, New York, Tokyo, Hong Kong, Paris, and Frankfurt.