A Dictionary of Finance

Would you buy a stag or a stale bull ? Does a blue-chip company issue naked indentures ? With 3,000 up-to-date entries, this dictionary covers every aspect of the financial world, including banking, insurance, stocks and shares, takeovers and mergers, commodities, international trade, and government finance. There are details of the world's leading financial centres - The City, Wall Street, Tokyo, Frankfurt, and Hong Kong - as well as straightforward information on such personal financial matters as investments, pensions, and taxation. From dawn raid to liquidity trap, FOOTSIE to Nikkei , this dictionary's comprehensive coverage should make it valuable to professionals, students, private investors, and readers of the financial pages alike.