The American Heritage Dictionary of Business Terms

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Overview

From arbitrage to leverage to zero-coupon bond, financial expert David L. Scott defines more than 6,000 terms from all aspects of business in clear, understandable language.

Unlike most business dictionaries, which address a specific discipline, The American Heritage Dictionary of Business Terms covers the entire spectrum of business terminology. In clear language it defines over 6,000 terms drawn from the areas of investing, finance, ...

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Overview

From arbitrage to leverage to zero-coupon bond, financial expert David L. Scott defines more than 6,000 terms from all aspects of business in clear, understandable language.

Unlike most business dictionaries, which address a specific discipline, The American Heritage Dictionary of Business Terms covers the entire spectrum of business terminology. In clear language it defines over 6,000 terms drawn from the areas of investing, finance, marketing, law, real estate, management, economics, accounting, insurance, and international business.

Entries range from investment fundamentals (price-earnings ratio, split, yield) to the lexicon of real estate (amortization, buy down, wraparound mortgage) to the terminology of contemporary finance (CDO, short sale, tranche).

More than 100 key terms, such as antitrust, bailout, and subprime loan, are enhanced by real-world case studies that bring the concept to life. In addition, scores of tips from expert professionals offer advice on topics ranging from renegotiating a mortgage to reducing the estate tax.

This dictionary is an indispensable reference for business professionals and investors at all levels of expertise.The growing need for individuals to plan their own retirement strategies, especially in a global economy, makes it an ideal resource for those interested in how current business news affects their investments. Business students also will find it an informative supplement to their curriculum.

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Editorial Reviews

Library Journal

As noted by Scott (How Wall Street Works), "greater responsibility for making decisions relative to your financial and business affairs makes it increasingly important to keep up with the changes in the language so that you can understand the information that is being presented." Covering the entire spectrum of business terminology, this A-to-Z contains more than 6000 terms from accounting, economics, finance, and investing to insurance, international business, law, management, marketing, and real estate. Each definition has a straightforward description as well as a further reference to another definition if appropriate. In addition, the book includes more than 100 key terms that are enhanced with "case studies" on topics like stock options, organic growth, and squeeze-out. Also, tips from more than a dozen experts, presented in a Q&A format, offer advice on everything from choosing a mutual fund to paying off debts. BOTTOM LINE This is both a handy and an indispensable reference for business professionals as well as for the general public. Of special value is the emphasis on timely, common, and specialized business terms that everyone can understand and relate to in daily life.—Kathleen A. Welton, Chicago


—Kathleen A. Welton
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Product Details

  • ISBN-13: 9780618755257
  • Publisher: Houghton Mifflin Harcourt
  • Publication date: 3/25/2009
  • Edition description: Original
  • Pages: 608
  • Sales rank: 727,350
  • Product dimensions: 5.90 (w) x 8.90 (h) x 1.60 (d)

Meet the Author

DAVID L. SCOTT is the author of more than two dozen books on finance and investing.

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Sort by: Showing 1 Customer Reviews
  • Posted March 30, 2009

    Quick Reference to Business Terms

    This is the book I have been waiting to read and will retain as a reference book in my business library. When you need to quickly clarify a business term -- this is the book that provides a ready reference. Every business student should have a copy. It will simplify their study and assist them in assimilating vast amounts of information rapidly, thus making the maximum use of their limited resources and study time. For graduates of business, this book is a terrific reference to use for a clear definition of those business terms that have been forgotten.

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