What does the term “Wall Street” mean?
By Robert-Junior unsplash.com
This post may contain affiliate links. Please read our disclosure page.
The term “Wall Street” has two meanings in the USA
-
-
- Wall Street is the name of a street in New York City where trading occurs.
- Wall Street is a figure of speech referring to capital markets and its players (institutions, portfolio managers and such.
There you have it.
It takes a while to understand how the USA business world works and the Wall Street lingo. What’s a bull market? What’s a bear market?
One has to become accustomed to tradable financial assets like stocks, banknotes, bonds debentures, forwards, futures, options, swaps, mutual funds, ETFs and others. The markets like NYSE, NASDAQ, and AMEX. The benchmark indices like S&P 500, Dow Jones Industrial Average, and Nasdaq Composite.
-
- The retirement systems like Social Security, defined contribution plans (401(k), 403(b) or 457), traditional pension plans (defined benefit), and individual retirement accounts (IRA and Roth IRA).Business formations types like Sole Proprietorship, Partnership, Corporation, S Corporations, and Limited Liability Company (LLCWith time you will get the picture. Stay tuned!
80 Passive income and Side Hustle Ideas you can try today
24 Easy Ways To Make Money On Fiverr
40 Ideas for a Lucrative Side Hustle
16 Tips to Make Credit Cards Work for You, Not Against You
15 Important Criteria for Choosing the Best Place to Live in Retirement
10 Steps to Take if You Start Retirement Without any Savings
Understanding How Your Credit History Works
Mahugu Nuthu is a content creator known for his compelling and well-researched business analysis. His blog MHGcode.com, provides insights and proven strategies for effective entrepreneurship, side hustle hunting, passive income pursuit, small business ideas, saving and tips on slashing costs.
This information is for educational and entertainment purposes only. The information that is shared on MHGcode.com shall not be interpreted or construed as financial, accounting, legal or tax advice and should not be acted upon without further professional advice.
