Definitions

[Coldicote]

Dear Ed,
The Financial world is so complicated I resent spending time seaching for the meaning of various terminology, for example:- 'Preference' and 'ordinary' shares, hedge funds, primary and other types of mortgages, 'open ended investments', equity markets, the difference between recession and depression.

I had savings in a Shares ISA (previously a PEP) but, to be free of the frustrations of 'high finance', decided to get rid and cut my losses which were considerable.

My suggestion is that under Business and Finance perhaps there could be a sub-section for Definitions where ABers could seek explanation of various terminology. What do others think?

[Ethel]

Like this?

http://moneyterms.co.uk/i/

[VINNY100_2]

It confuzzles me to coldicote.
I took out some money from me HEDGE fund to finance a BRIDGEing loan and then found out I been gazzumped..! ?People say money doesent grow on TREES..?if you dont have much..its CHICKEN feed.?you have to bring home the BACON to build a NEST.. EGG.~?wat they on about...(:O)

[Coldicote]

Ethel, thank you for this helpful reference, though just now I'm thinking financial investments are too complex to be bothered with!

...and Vinny, I share your 'confuzzlement' and enjoyed your HEDGE, BRIDGE, TREES, CHICKEN, BACON AND NESTEGG. Oh to get down to earth in the country!