Sunday, November 23, 2008

subprime – adjective

Below optimal in credit, but above optimal in naivete.

Tuesday, November 18, 2008

financial – adjective

(Etymology: Latin finis "end, utmost limit, highest point")

Having to do with the ultimate ends or limits of human existence; existential.

USAGE: Personal financial crisis, if accumulated to too many folks, hurts our country.— President Bush

Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.—Larry Summers

Saturday, November 8, 2008

footnote – noun

A comment affixed to the bottom of a page that discusses something tangential to the main text, e.g. a statement of losses on a balance sheet.