Avatar of Vocabulary Set International Financial Terminology

International Financial Terminology Vocabulary Set in Finance And Banking: Full and Detailed List

The 'International Financial Terminology' vocabulary set in 'Finance And Banking' is carefully selected from standard international textbook sources, helping you master vocabulary in a short time. Comprehensive compilation of definitions, illustrative examples, and standard pronunciation...

Learn this vocabulary set on Lingoland

Learn Now

foreign exchange market

/ˈfɔːr.ɪn ɪksˈtʃeɪndʒ ˈmɑːr.kɪt/

Example:

The foreign exchange market operates 24 hours a day, five days a week.

foreign direct investment

/ˌfɔːr.ɪn daɪˈrekt ɪnˈvest.mənt/

Example:

The government is actively seeking to attract more foreign direct investment.

the World Bank

/ðə wɜːrld bæŋk/

Example:

The World Bank approved a loan for infrastructure development.

International Monetary Fund

/ˌɪntərˈnæʃnəl ˈmɑnɪtɛri fʌnd/

Example:

The International Monetary Fund provides financial assistance to countries in need.

World Trade Organization

/ˌwɜːrld treɪd ˌɔːrɡənəˈzeɪʃən/

Example:

The World Trade Organization aims to help trade flow as freely as possible.

trade deficit

/ˈtreɪd ˌdef.ɪ.sɪt/

Example:

The country has been struggling with a large trade deficit for years.

trade surplus

/treɪd ˈsɝː.pləs/

Example:

The country achieved a significant trade surplus last quarter.

balance of trade

/ˈbæl.əns əv treɪd/

Example:

The country is trying to improve its balance of trade by increasing exports.

current account

/ˌkɝː.ənt əˈkaʊnt/

Example:

I need to check the balance of my current account.

capital account

/ˈkæpɪtl əˈkaʊnt/

Example:

The country's capital account showed a significant inflow of foreign direct investment.

trade barrier

/ˈtreɪd ˌber.i.ər/

Example:

The country imposed a new trade barrier on imported cars.

export

/ˈek.spɔːrt/

Example:

The company plans to export its products to Europe.

import

/ɪmˈpɔːrt/

Example:

The company plans to import cars from Germany.

trade agreement

/ˈtreɪd əˌɡriː.mənt/

Example:

The two nations signed a new trade agreement to boost economic cooperation.

protectionism

/prəˈtek.ʃən.ɪ.zəm/

Example:

The government implemented protectionism to support local businesses.

floating exchange rate

/ˈfloʊtɪŋ ɪksˈtʃeɪndʒ reɪt/

Example:

Many major economies operate under a floating exchange rate system.

fixed exchange rate

/ˌfɪkst ɪksˈtʃeɪndʒ reɪt/

Example:

Many countries abandoned the fixed exchange rate system in favor of floating rates.

foreign exchange reserves

/ˈfɔːr.ɪn ɪksˈtʃeɪndʒ rɪˈzɜːrvz/

Example:

The country's foreign exchange reserves have increased significantly this quarter.

offshore banking

/ˌɔːfʃɔːr ˈbæŋkɪŋ/

Example:

Many wealthy individuals engage in offshore banking to minimize their tax liabilities.

international banking

/ˌɪntərˈnæʃnəl ˈbæŋkɪŋ/

Example:

Many large corporations rely on international banking for their global operations.

remittance

/rɪˈmɪt̬.əns/

Example:

She sent a monthly remittance to her family abroad.

balance of payments

/ˈbæl.əns əv ˈpeɪ.mənts/

Example:

The country is trying to improve its balance of payments by increasing exports.

currency exchange

/ˈkɜːr.ən.si ɪksˈtʃeɪndʒ/

Example:

I need to find a good place for currency exchange before my trip.

special drawing rights

/ˌspeʃ.əl ˈdrɔː.ɪŋ ˌraɪts/

Example:

The IMF allocated Special Drawing Rights to member countries to boost global liquidity.

foreign aid

/ˈfɔːr.ən eɪd/

Example:

The country relies heavily on foreign aid for its development projects.

balance of power

/ˈbæl.əns əv ˈpaʊ.ər/

Example:

The Cold War era was characterized by a delicate balance of power between two superpowers.

foreign debt

/ˈfɔːr.ɪn det/

Example:

The country is struggling to repay its massive foreign debt.

trade war

/ˈtreɪd wɔːr/

Example:

The ongoing trade war between the two nations has negatively impacted global markets.

foreign exchange risk

/ˌfɔːr.ɪn ɪksˈtʃeɪndʒ rɪsk/

Example:

Multinational corporations often face significant foreign exchange risk.

global economy

/ˌɡloʊ.bəl ɪˈkɑː.nə.mi/

Example:

The rise of e-commerce has significantly impacted the global economy.

convertible currency

/kənˌvɜːr.tə.bəl ˈkɜːr.ən.si/

Example:

The euro is a widely accepted convertible currency.

currency peg

/ˈkɝː.ən.si peɡ/

Example:

Many countries use a currency peg to stabilize their exchange rates.

currency board

/ˈkɜːr.ən.si bɔːrd/

Example:

The country adopted a currency board to stabilize its economy.

reserve currency

/rɪˈzɜːrv ˌkɜːr.ən.si/

Example:

The US dollar has long been the world's primary reserve currency.

currency swap

/ˈkɜːr.ən.si swɑːp/

Example:

The company entered into a currency swap to hedge against exchange rate fluctuations.
Learn this vocabulary set on Lingoland