Key vocabulary - Financial Crisis

Key vocabulary:

Administration Bear market Bond Bull market Chapter 11 Collateralised debt obligation Commercial paper Commodities Credit crunch Credit default swap Derivatives Equity Fundamentals Futures Hedge fund Hedging Investment bank Limited liabilityLeveraging Libor

Liquidity Loans to deposit ratio Mark-to-market Mortgage-backed securities Nationalisation Negative equity Profit warning Rating Securities lending Securitisation Security Short selling Spiv Stagflation Sub-prime mortgages Swap Underwriters Unwind Write-down

The above is from this Special Report.

Also read this long article

Remember, the financial crisis will affect a) businesses and b) the economy and is thus in the syllabus for both subjects.