Personal Finance and Money Stack Exchange
Personal Finance and Money Stack Exchange

Questions tagged [terminology]

For questions about the meaning and usage of specific terms used in personal finance, alternative names for concepts, etc.

386 questions
19
votes
7 answers

What is the difference between money and currency?

Money is a medium of exchange, according to 1,000 ways to make $1,000. Currency, on the other hand, is the "promissory note or coin". You may say that currency is a US dollar bill in the USA. But the definition of a promissory note is a "signed…
Jossie Calderon
  • 529
  • 1
  • 4
  • 7
5
votes
3 answers

Proper term for amount + currency

What is a proper term to name amount of money and their currency? Like 100 USD, 50 EUR, 100 GBP - all are "amount", "value", "sum"?
Dima
  • 185
  • 1
  • 6
5
votes
1 answer

What is a financial security?

There are two sources that I have found about securities and am not sure how they are consistent with each other. The first one is from Wikipedia article about financial instruments: Financial instruments can be categorized by form depending on…
Tim
  • 5,883
  • 21
  • 64
  • 88
3
votes
4 answers

Correct term for a purchase split into several payments, with no interest

I'm looking for the correct and everyday usable term for a kind of purchase made with a credit card, which is split up in equal monthly payments, without incurring interest with the credit issuer. I've searched for translations and found some along…
marmant
  • 33
  • 5
2
votes
1 answer

How do finance professionals procounce "CECL"?

I am interviewing for a financial company that models risk and is working to be prepared for the upcoming compliances changes regarding CECL (current expected credit loss). I've been doing research on CECL to prepare for the interview, but I can't…
user1717828
  • 173
  • 6
2
votes
1 answer

The correct usage of "back charge"

I need to explain the following process: The landlord takes the electricity bill for the common areas in the building and divides them amongst the tenants. Each tenant's portion is appended to the bill he receives at the end of the month. Is this…
DAE
  • 123
  • 2
2
votes
1 answer

What are GNMA bonds? Is investing in them a good idea?

Recently I was looking at a number of bond mutual funds to invest in, and one was called GNMA. It seemed to be some sort of government or municipal bond. What are GNMA bonds, and are they a good investment?
user44315
2
votes
2 answers

Does M8 contains 8 months?

The webpage https://www.sec.gov/files/aqfsn_1.pdf describe a term M8: M8 means 1st through 2nd trimester.Google search shows that trimester is a period of three months. 1st through 2nd trimester = 3+3 = 6 Why it is written as M8 instead of…
showkey
  • 433
  • 4
  • 9
1
vote
1 answer

What is done to capital to create a perpetuity

I'm trying to find a word. When one has capital, and does a particular process to it, they can create a perpetuity from it. I'm not actually certain, perpetuity is the right word here. By perpetuity I mean a general term for a thing that yield a…
Frames Catherine White
  • 631
  • 4
  • 13
1
vote
1 answer

"Gross Margin" vs "Gross Profit Margin" in English

This is a question about financial terms and definitions in English. Gross Margin = Revenue - COGS Gross Profit Margin = (Revenue - COGS) / COGS In the first equation we also mean Profit (Gross Profit Margin = Revenue - COGS), don't we? Why does…
Daniel
  • 185
  • 6
1
vote
2 answers

Definition of equity

From Wikipedia: financial instruments can be categorized by "asset class" depending on whether they are equity based (reflecting ownership of the issuing entity) or debt based (reflecting a loan the investor has made to the issuing…
Tim
  • 5,883
  • 21
  • 64
  • 88
0
votes
1 answer

What are examples of administrative costs?

What do people really mean by administrative costs? Is it just an umbrella term to actually get money from a person for no real costs, just for a service? Or it includes really some expenses?
Turkhan Badalov
  • 101
  • 1
0
votes
2 answers

If I get a bill (e.g. for internet service), is that a debt I owe? If no, what are the practical difference between a bill and a debt?

Merriam-Webster website defines debt one way as "an amount of money that you owe to a person, bank, company, etc." Does this mean that a debt is created when a bill (e.g. utility or internet service bill) is issued to me? If issuance of a bill does…
Curious
  • 3
  • 1
0
votes
2 answers

What is the name of inverse of synergy? (finance)

I there: i want to know what is the name / buzzterm (if any) where i have a process and it produce two incomes (monetary or not), for example if i sell a t-shirt with a slogan that say "save the whales" then i profit directly from the t-shirt sales…
magallanes
  • 119
  • 2
0
votes
1 answer

what does "payout" mean

From Smart Cities by Anthony M. Townsend: Finding growth opportunities has become a constant struggle for Cisco, and to make a dent on the bottom line it needs to have billion-dollar payouts. What does "payouts" mean? Thanks for response.
prpeggy
  • 1
1
2