Here is a list of funny business and finance terms explained so that anyone (even we) can understand them. As a wise man once said “Many a true word is spoken in jest”
Advertisement: A tool used by
business to get money out of people that don't have it, for something that
they don't need.
Alimony: Two person mistake paid
by one.
Auditor: Person that arrives after
battle to finish off the wounded.
Bank: A place that will lend you
money only when you don't need it.
Bear Market: Eight months when the
kids get no allowance, the wife gets no jewellery and the husband gets no
sex.
Broker: The person that you trust
with thousands of your hard earned dollars. Hello!
Broker: What my broker has made
me.
Broker: Poorer than you were last
year.
Budget: Written proof that you
can't afford the things you want.
Bull Market: A random market
movement causing an investor to mistake himself for a financial genius.
Cash Flow: The movement your money
makes as it disappears down the toilet.
CEO: Chief embezzlement officer.
CFO: Chief fraud officer.
Day Trader: A more socially
acceptable gambling addict.
Discounted Stock: A stock that is
less expensive than last month and more expensive than it will be next month.
EBIT: Earnings before
irregularities and tampering.
EBITDA: Earnings before I tricked
the dumb auditor.
EPS: Eventual prison sentence.
FRS: Fantasy reporting standards.
Institutional Investor: Past year investor who is now locked up in a
mental institute.
Market Correction: The day after you buy stocks.
Momentum Investing: the fine art
of buying high and selling low.
P/E Ratio: The percentage of
investors wetting their pants as the market keeps crashing.
Profit: A man that prays to God.
Standard and Poor (S&P): Your
life in a nutshell.
Stock Analyst: Idiot who just
downgraded your stock.
Stock Market Correction: The term
your broker uses for a stock market crash.
Stock Split: When your former wife
and her lawyer split all your assets equally between themselves.
Value Investing: The art of buying
low and selling lower.
David Bond is a freelance writer for Woopidoo.com. He has worked in leadership positions in both online and bricks & mortar businesses.
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