A market of the top 33 companies in Hong Kong stock market. The Hang Seng Bank administers this.

A paragraphy style when the first ile is on the left margin and othes are indented the same space. It is in data lists. AKA outdenting.

The week day tiem of 4-7pm when bars get busy due to people leaving work.

Repeated conduct that is not wanted and is known to all parties as offensive. Refer to sexual harassment. See, e.g., Is Cyberbullying Illegal?

An asset that is physical or financial. It is on the left side of a balance sheet.

An increase in profit or savings due to implementation of a program or project.

Part of a bond that a company cannot get back.

A budget with no room for change. There are limited resources so it mus have a strict budget.

Anything made of metal or raw materials. It is not grown.

A document or record that can be read without any assistance.

The price of a hard asset like land. It is different from any costs associated with financial issues.

A currency that is stable and have investor’s confidence. It is payment without extreme rate changes.

Cash rather than a benefit or claim. AKA cold cash or hard money.

Direct payments made by clients to financial institutions for services rendered. In commercial banking a client may pay a fee for a credit facility; in securities a client may pay brokerage commissions

A move from expansion to recession due to a restrictive monetary policy.

Using fixed production equipment to make large amounts of a product. It cannot be easily moved to make room for a new product.

An INSURANCE market cycle where INSURERS reduce the amount of coverage they are willing to write, causing supply to contract and PREMIUMS to rise. A hard market can occur by the onset

A metallic carbide made of tantalum, titanium, tungsten, and vanadium. It is used in tools or steels. AKA cemented carbide.

Putting pressure on a potential client to make them make fast decisions. If the person is lazy its a good method but if they are not is is not a good idea.

Strategies taught to people who want careers in finance. It takes a thick skin to handle ups and downs of the profession.