Cover image for The Wall Street dictionary
Title:
The Wall Street dictionary
Author:
Shook, R. J. (Robert James)
Personal Author:
Publication Information:
Franklin Lakes, NJ : Career Press, [1999]

©1999
Physical Description:
506 pages ; 21 cm
Language:
English
ISBN:
9781564144027
Format :
Book

Available:*

Library
Call Number
Material Type
Home Location
Status
Central Library HG151 .S424 1999 Adult Non-Fiction Non-Fiction Area
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Summary

Summary

Defines some 5,000 terms and phrases used by Wall Street professionals, ranging from basic terms used in a financial planner's office to little-known buzz words used by traders on the floor of the New York Stock Exchange. Annotation c. Book News, Inc., Portland, OR (booknews.com).


Reviews 1

Library Journal Review

Over the past decade, Americans have had a love affair with the stock market as they've poured billions of dollars into mutual funds, Individual Retirement Accounts (IRAs), and 401(k)s. But how knowledgeable is the investing public? Shook's Dictionary comes to the rescue with an authoritative compilation of over 4000 financial terms with straightforward definitions investors (beginning or advanced) can understand. What constitutes a "public" or "private" company? What is an "income statement"? What is the difference between a "put" and a "call"? Shook answers these and many other questions. Unfortunately, there are also a few lapses. The "Big Six" accounting firm designation has shrunk to the "Big Five" with the recent merger that produced PriceWaterhouseCoopers. Fannie Mae is the official name, not a nickname, of the old Federal National Mortgage Association. The omission of Internet-related material is peculiar given the rise of "day trading" on Wall Street, and the next edition should include terms such as "e-trade," "e-commerce," or "Internet stocks." The author should also define "Roth IRA" to indicate that there are different types of IRAs. Lastly, some of the more analytic descriptions might benefit from a small graphic to better illustrate difficult concepts (such as "yield curve"). Barron's Dictionary of Finance & Investment Terms (5th ed.), published in 1998, provides such graphics, and the explanations are clearly enhanced. Despite these flaws, this is still a pretty good ready-reference tool that will be well thumbed in years to come. Recommended for larger business collections.ÄRichard S. Drezen, Washington Post News Research Ctr., Washington, DC (c) Copyright 2010. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.


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