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Another Annoying Acronym = Wall Street’s inside language.

Have you ever read words or phrases in the financial news and thought, “What the heck does that mean?”

Ex:  ETF–Exchange Traded Funds or FOMC—Federal Open Market Committee, EBITDA—Earnings Before Interest, Taxes, Depreciation, and Amortization, LBO—Leveraged Buy Out…just to name a few.

The list is extremely long, confusing, and…annoying.

Wall Street does this on purpose.

 It’s like some secret street code to keep you guessing.

The Goo-Roos will tell you it’s to make things easier to understand.

It doesn’t…But it’s what they want you to think.

At Financials Matter (secret code=FM) we’ve dedicated this section to explaining what’s really meant by these annoying acronyms. 

We breakdown most of the street’s “slang” into easy-to-understand English.   

When you understand the code you’ll “read the tea leaves” better.

We’ve compiled a list of commonly used acronyms, phrases and old sayings used on Wall Street along with their definition in plain English.  Hopefully to help you understand the “street code.”

This list is not in alphabetical order.  (And it’s certainly not a complete list)

Momentum chasing—

No Bid—means there are no buyers for a certain stock or bond…which means the price is crashing.

No Ask (or No Offer) —means there are no sellers of a certain stock or bond…which means the price is skyrocketing.