Term of the day
M0, M1, M2, M3, M4
Different measures of money supply. Not all of them are widely used and the exact classifications depend on the country. M0 and M1, also called narrow money, normally include coins and notes in circulation and other money equivalents that are easily convertible into cash. M2 includes M1 plus short-term time deposits in banks and 24-hour money market funds. M3 includes M2 plus longer-term time deposits and money market funds with more than 24-hour maturity. The exact definitions of the three...
Basics of Finance
- AERAnnual equivalent rate; a rate of interest which shows how much interest you receive from an investment in one year if each interest payment...
- amortisation
- capital expenditure/spending
- Bank of England
- bonds
- budget deficit
- capital ratio
- carbon trading
- Chapter 11
- commercial bank
- recession
- corporate bond
- environmental fund
- credit squeeze
- derivatives
- inventory cycle
- Dow Jones
- earnings per share EPS
- The Fed
- externality
- EBITDA
- Economic and Monetary Union EMU
- free market
- price/earnings ratio
- futures contract
- gross domestic product
- government bonds
- investment bank
- like-for-like sales
- market study
- Moody's
- operating profit
- pension fund
- pre-tax profit
- preferred share
- procurement
- purchasing power parity PPP
- rights issue
- share price
- shareholder
- taxpayer dollars
- tier one capital
- tier two capital
- Treasury
- underwriting power
- universal bank
- Wall Street
- More...Hide...
Buzz Words
- AbenomicsAbenomics is the name given to a suite of measures introduced by Japanese prime minister Shinzo Abe after his December 2012 re-election to...
- crowdfunding
- crowdsourcing
- Dodd-Frank Act
- ESG
- flash trading
- Glass-Steagall Act
- grey dollar
- hawk
- inflation targeting
- Keynesian economics
- microfinance
- MMO massively multiplayer online
- pregnant presenteeism
- sukuk (Islamic bonds)
- spread betting
- sustainable development
- too big to fail
- toxic assets
- Volcker rule
- More...Hide...
In the News
- cyber crimeCyber crime involves activities like raiding bank accounts and stealing information from companies. ExampleIntel employee Biswamohan Pani...
- financial regulation
- dark pools
- Financial Policy Committee FPC
- IMF
- insider trading
- IPO
- Libor
- monetary transmission
- net neutrality
- peak oil
- Serious Fraud Office
- sovereign bonds
- strategic alliance
- proprietary trading
- Yellen Index
- More...Hide...
Get Started
Just browsing?
Click the link to explore the Financial Times Lexicon. Visit a random page