You’re watching the tele as you get ready for work. The 7.20AM finance news comes on and you dash to brush your teeth.
You know for the next 5 minutes the finance expert is going to stand in front of a ridiculous number of computer monitors and ‘blah blah blah’ their way through the ‘market update’ and use finance jargon you don’t understand. It’s enough to make you weep into your first coffee of the day.
It often seems like the finance industry is created on a house of jargon designed to keep people baffled to the point that they just give up and collectively say ‘take my money’.
Here’s a list of some financial jargon terms you’ll probably come across at some point and what they mean in plain English.