A New Basic Dictionary Of Banking

Banking practitioners and other individuals must understand words and phrases that are used in relation to or while processing financial services, transactions, requests, or in managing banking relationships. Indeed, everyone needs to understand the terms used in banking to be able to evaluate banking services, offerings, and transactions in critical ways. The need to do so is underscored by the fact that some of the words and phrases may have gain or loss implication in particular banking situations, transactions, or relationships. Besides, with sound understanding of banking words and phrases, people will be in a position to objectively assess claims in financial services which banks package, offer, or deliver to them. Such understanding could be one of the ways to achieve mutually beneficial relationships to which banks and their customers aspire. There is a tendency among authors to present words and phrases relating to finance, investment, money and banking in one dictionary text. That approach would be expedient, especially for reference purposes, if it provides a comprehensive coverage of words and phrases used in all of those fields. In this dictionary, I focused largely on banking words and phrases. Doing so, my expectation is that the dictionary should be comprehensive enough to serve as an effective handbook for practising bankers and fulfil their professional banking reference needs. However, in putting together the dictionary, I ensured that it should also be relevant to everyone who has anything to do with banking, banks, or banking relationship. Yet, it will be of immense value to students, especially those in institutions of higher learning. Perhaps the greatest appeal of this dictionary is in simple definition and presentation of entries. Its users will also find that entries in the dictionary cover a broad range of clearly defined words and phrases that constitute the banking vocabulary - from the academic to the practical, and from the formal to the colloquial. There are also practical example sentences which further illustrate meanings of the entries. I need mention at once that most of the entries are largely peculiar to banking in developing economies. Many of the words and phrases especially reflect the conventional and emerging language of banking in Africa. These attributes make A New Basic Dictionary of Banking more adaptable to banking purposes in developing countries.

Everyone needs to understand the terms used in banking to be able to evaluate banking services, offerings, and transactions in critical ways. The need to do so is underscored by the fact that some of the words and phrases may have gain or loss implication in particular banking situations, transactions, or relationships. Besides, with a sound understanding of banking words and phrases, people will be in a position to objectively assess claims in financial services which banks package, offer, or deliver to them. Such understanding could also be one of the ways to achieve mutually beneficial relationships to which the banks and their customers aspire. On the other hand, practising bankers must understand words and phrases that are used in relation to or while processing financial services, transactions, requests, or in managing banking relationships. The dictionary is comprehensive enough to serve as an effective handbook for them and fulfil their professional banking reference needs. However, it's also relevant to everyone who has anything to do with banking, banks, or banking relationship. Yet, it will be of immense value to students, especially those in institutions of higher learning. The greatest appeal of this dictionary is in simple definition and presentation of entries. Its users will also find that entries in the dictionary cover a broad range of clearly defined words and phrases that constitute the banking vocabulary - from the academic to the practical, and from the formal to the colloquial. There are also practical example sentences which further illustrate meanings of the entries. Most of the entries are largely peculiar to banking in Africa. Many of the words and phrases especially reflect the conventional and emerging language of banking in West Africa. These attributes make the dictionary more adaptable to the African environment and banking purposes. Thus, the dictionary offers specific benefits, summarized below. It, amongst other benefits, *equips the banking public with words and phrases that are used in relation to, or while, processing financial services, transactions, requests, or in managing banking relationships *offers understanding required to evaluate banking services, offerings, and transactions in a critical way, especially as some of the words and phrases may have gain or loss implication in particular banking situations, transactions, or relationships *puts readers in a position to objectively assess claims in financial services which banks package, offer, or deliver to them. Such understanding could also be one of the ways to achieve mutually beneficial banking relationships to which banks and their customers aspire *comprehensively covers banking words and phrases, which makes the dictionary relevant to everyone who has anything to do with banking, banks, or banking relationship *appeals particularly to students and practising bankers as an effective reference handbook *has advantage in simple definition and presentation of entries, with clearly defined words and phrases that constitute the banking vocabulary - from the academic to the practical, and from the formal to the colloquial *contains practical example sentences which illustrate meanings of the entries

One of Barron's all-time bestsellers has been updated to reflect current banking regulations and the latest innovations in banking services, this book defines approximately 3,000 key banking terms with extensive cross-references. It also defines important acronyms and abbreviations as they are used in the banking industry.

Americans have never been hungrier for information about the economy and the world of high finance.

This dictionary covers all aspects of finance and banking, from personal investments to international trading.

Le 1er rabat de jaquette indique: "Money is the pivot around which a modern economy revolves. Finance is the life blood of business activities. Banking system, as an integral part of the financial sector, is the linchpin of any development strategy. Banking system, along with other constituents of the financial sector, helps to mobilise financial surpluses of an economy and transfers them to areas of financial deficit. It promotes savings by providing a wide variety of financial assets to the general public. Savings collected from the household sector are pooled together and allocated to various sectors of the economy for raising production levels. If the allocation of credit is judicious and socially equitable, it can help achieve the twin objectives of growth and social justice. This dictionary is designed to provide a useful, reliable, readable and single source guide to the all-pervasive field of money, banking and finance. It provides simple and easily comprehensible definitions and explanations of terms used in these areas world-wide. The terms, concepts and usages are given their most common definition. Readers will also find helpful illustrations of important terms. This reference work is intended as a practical tool for a cross-section of readership. It will be useful for teachers and students of economics, commerce, law, and management, and also for bankers, corporate executives, legislators and government officials. Meticulously cross-referenced, the dictionary is a comprehensive and invaluable source of essential information."

Entries cover the vocabulary used in banking, money markets, foreign exchanges, public and government finance, and private investment and borrowing, and much more. Feature entries have been included in this edition for the fuller explanation of topical and complex areas. -- From publisher's description.