Association of British Scrabble Players

Society > Money > Commerce


Now updated for CSW19. New words, if any, and new inflections of existing words, are shown in red.


accompt account; (verb) to account.
actionist a shareholder in a joint-stock company.
aftermarket the service offered to consumers after the purchase of goods and services.
agio (Ital.) a premium paid on foreign currency exchange.
agiotage (Fr.) speculative dealing on the stock exchange.
agterskot (Afrikaans) the final payment to a farmer for crops.
allonge (Fr.) a paper attached to a commercial bill requiring signatures; (verb) to lunge.
annualise to convert to a yearly rate.
annualize to convert to a yearly rate.
appalto (Ital.) a contract or monopoly.
assigner a person who transfers a right or asset under an assignment.
assignor a person who transfers a right or asset under an assignment.
auditable that can be audited.
backwardation on the Stock Exchange, the postponement of the delivery of stock; a charge associated with this.
bailment the delivery of goods in trust.
bailout assistance for someone in financial difficulties.
bankbook a book showing one's bank balance etc.
bankcard a card issued by a bank allowing withdrawal of money etc.
batta extra pay; esp an extra allowance to an English officer serving in India.
battel to run a battels account.
billbook a book used in commerce in which an entry is made of bills issued and received.
billhead a printed form, used by merchants in making out bills or rendering accounts.
bimetallic using a double metallic standard (as gold and silver); (noun) a bimetallic monetary system.
bitcoin a unit of digital currency held and exchanged for goods by means of computer software.
bondholder a person who holds the bonds of a public or private corporation for the payment of money at a certain time.
bordereau (Fr.) a detailed bill or invoice.
bourse (Fr.) a commercial exchange; specifically, a European stock exchange.
boycotter one who boycotts.
brassage (Fr.) a mint-charge to cover the cost of coining money.
breakeven the point at which revenue equals costs.
broadline a company dealing in large volumes of cheap products.
bullish anticipating or associated with a rise in price.
bullishly (Adv.) BULLISH, anticipating or associated with a rise in price.
bursary the treasury of a monastery or college.
caduac (Obs.) an incidental payment; a windfall.
calendarise in accounting, to divide (something, eg a budget) into equal units of time within a year (usu months).
calendarize in accounting, to divide (something, eg a budget) into equal units of time within a year (usu months).
cambism the science of financial exchange.
cambistry the science of financial exchange.
carryback in accounting, a loss set against the previous year's profit, in order to minimise the total tax.
carryover in accounting, a payment carried over to the next accounting period.
cartel (Fr.) a manufacturers' agreement or association formed to control marketing arrangements, regulate prices, etc.
cartelise to make into a cartel.
cartelism the system of having cartels.
cartelist a member of a cartel, a supporter of cartels.
cartelize to make into a cartel.
cashbook a book of monetary records.
cashless without cash.
cashpoint (Tradename) a bank terminal at which cash may be obtained.
catallactic pertaining to commercial exchange.
catallactically (Adv.) CATALLACTIC, pertaining to commercial exchange.
catallactics political economy.
cedula (Spanish) a S. American promissory note or mortgage bond on land.
chartist one who uses charts to predict stock market trends.
cofinance to finance in collaboration with another.
coinsurance joint assumption of risk (as by two underwriters) with another.
coinsure to insure together with.
coinsurer one who insures jointly.
invest to invest jointly.
coinvestor a joint investor.
commercial related to commerce (noun) an advertisement broadcast on radio or television
commercially (Adv.) COMMERCIAL, related to commerce.
commodity an article of trade.
consol a government bond.
consortial relating to a consortium.
consortium (Lat.) an association of organizations or States formed for commercial or financial purposes.
contango the premium or interest paid by a buyer of stock to the seller, to be allowed to defer payment; (verb) to exercise the right of contango.
cost what is or would have to be outlaid, suffered or lost to obtain anything; (verb) to estimate a price for production of.
costless costing nothing.
costlessly (Adv.) COSTLESS, without cost.
counterbond a bond to protect a person who has given bond for another from contingent loss.
covermount to attach an item to the front of a magazine as a gift.
cyclical relating to a cycle (noun) a stock whose earnings fluctuate widely with variations in the economy
cyclically (Adv.) CYCLICAL, proceeding in cycles.
daybook an account-book in which esp sale transactions are entered at once for later transfer to a ledger.
deal a business transaction; (verb) to trade or do business.
degearing a process in which a company replaces some or all of its fixed interest loan stock with ordinary shares.
demurrage undue delay or detention of a vessel, railway wagon, etc, and thus in the completion of a contract; compensation for such detention.
demutualise of a mutual institution, to become a public company.
demutualize of a company, esp a building society or other financial institution, to convert from a mutual company to one owned by stock- or shareholders.
destock to reduce the amount of stock held.
devaluate to devalue, to reduce the value of a country's currency by lowering the exchange rate.
dharna (Hindi) a method of collecting a debt in which the person who is owed money sits on the debtor's doorstep until payment is made, or the debtor starves to death.
dhurna (Hindi) a method of collecting a debt in which the person who is owed money sits on the debtor's doorstep until payment is made, or the debtor starves to death.
disinvest to reduce or eliminate capital investment.
divi (Short for) dividend; (verb) to divide up.
divvy stupid (noun) a dividend or share; (verb) to share out
dotcom a company that does most of its business on the Internet.
downtick a stock market transaction.
drawee the person on whom an order or bill of exchange is drawn.
duopolistic relating to duopoly.
duopoly a situation in which two companies, etc are the only suppliers in a particular market.
duopsony the market conditions existing where there are two buyers only.
euronote a form of euro-commercial paper consisting of short-term negotiable bearer notes.
foreclosable that can be foreclosed.
foreclose to bar (a right of redemption); to take away the power of redeeming (a mortgage).
foreclosure an act or instance of foreclosing.
forex (Short for) foreign exchange.
franchisee one who receives a franchise.
giro a system of credit transfer between banks, post offices, etc..
greenmail to buy a large quantity of a company's stock as a hostile takeover measure, and then sell it to the company at a higher price.
greenmailer one who engages in greenmail.
hypester a person or organisation that gives a product intense publicity in order to promote it.
hypothecate to pledge as security without title or possession.
hypothecation taking a mortgage.
illiquid of assets etc., not readily converted into cash.
illiquidity the state of being illiquid.
impignorate to pledge, pawn or mortgage.
incentivization the action or process of making something (esp a product, scheme, etc.) attractive by offering an incentive for purchase or participation.
indorser one who indorses.
indorsor one who indorses.
inpayment the payment of money into a bank account.
insurance the act, practice or business of insuring.
insurant one who is insured.
insured one who is insured.
interbank between or among banks.
invest to commit something of value for future profit.
investable capable of being invested.
investible capable of being invested.
kaizen (Japanese) the principle of continuously improving work practice.
kanban (Japanese) a Japanese industrial system based on the use of cards to regulate the stages of a manufacturing process and control costs.
lawin (Scots) a bill or reckoning.
layaway goods on which a deposit has been paid, kept for a customer till completion of the transaction.
legal according to law (noun) an authorised investment that may be made on behalf of savers eg by a bank
leverage the mechanical power gained by the use of a lever; (verb) to provide with a type of economic advantage.
limited restricted (noun) a limited company
limitedly (Adv.) LIMITED, restricted.
lockaway in finance, a long-term security.
lossmaker a business that makes a continual loss.
malus a financial penalty incurred by a trader, investor, or banker when an investment or deal results in a loss.
markup the difference between a wholesale and retail price.
massification the practice of making luxury products available to the mass market.
masstige the impression of exclusivity in goods that are affordable for many people.
megadeal a business deal of megabucks.
mercantilism the theory or practice of mercantile pursuits.
mercantilist a supporter of mercantilism.
mercantilistic relating to mercantilism.
merch (Coll.) merchandise.
mezz relating to an intermediate stage in a financial process.
microcap of investments, involving a very small amount of capital.
midcap of investments, involving a very small amount of capital.
mindshare the level of awareness in consumers' minds of a particular product.
monopsonist a participant in a monopsony.
monopsonistic relating to monopsony, a market condition with one buyer and many sellers.
monopsony a market condition with one buyer and many sellers.
muni a security issued by a municipal government.
municipal relating to (the government of) a borough, town or city (noun) a municipal bond
municipally (Adv.) MUNICIPAL, relating to (the government of) a borough, town or city.
mutual shared, common (noun) a financial institution owned by its customers
mutualise to organize (a company etc) on cooperative or mutual principles.
mutualize to organize (a company etc) on cooperative or mutual principles.
mutually (Adv.) MUTUAL, shared, common.
mutuum (Hist.) a bailment consisting of goods for consumption, such as corn, coal etc., to be returned in goods of the same amount.
nett clear of all charges or deductions; (verb) to gain or produce a clear profit.
neuromarketing a field of marketing that studies consumers' sensorimotor, cognitive, and affective response to marketing stimuli.
nonbank a financial institution similar to a bank.
noncash not in cash.
nonmarket not part of the market; (noun) something that is not a market.
nonprofit not making a profit; (noun) something that is not profit.
numeraire (Fr.) a standard for currency exchange rates.
oligopolistic relating to oligopoly.
oligopoly a market situation in which a few producers control the demand from a large number of buyers.
oligopsonistic relating to oligopsony.
oligopsony a market situation in which each of a few buyers exerts a disproportionate influence on the market.
omnium (Lat.) the aggregate value of the different stocks in which a loan to government is now usually funded.
oncost (Scots) an overhead expense.
overbill to bill excessively.
overgear to cause a company to have too high a proportion of loan stock.
overleveraged (Of a business organization) having an excessively high ratio of debt capital to equity capital.
phoenixism the practice of forming a new company with same directors, workforce etc. from a bankrupt company.
plowback a reinvestment of profits in a business.
preaudit an audit done in advance.
prebill to bill in advance.
premarket before the development of a market; (verb) to market in advance.
premarketing before the development of a market.
premerger before a merger.
premium (Lat.) a sum regularly paid for insurance.
priceable that can be priced.
profiteer a person who takes advantage of an emergency to make exorbitant profits; (verb) to act as a profiteer.
proforma an invoice made out to show the price of goods, the goods being paid for before dispatch PROFORMAS.
protrade in favour of trade.
pyramid a solid figure with triangular sides meeting at a point (verb) to set up (a company) as part of a pyramid aiming at financial growth from a small initial investment
quaestuary money-making; money-seeking; in business only for profit.
recapitalise to supply with new capital.
recapitalize to change the capital structure of.
reflate to increase the amount of currency after a period of deflation.
regie (Fr.) a system of Government monopoly, esp in tobacco.
regrater one who regrates, buys and sells in the same market.
reinsurance insurance by another insurer of all or a part of a risk previously assumed by an insurance company.
remitter one who makes a remittance.
remittor one who makes a remittance.
revalorise to give a new value to; to restore value of currency.
revalorize to give a new value to; to restore value of currency.
rollover a deferment of the repayment of a loan.
roundtripping a form of trading in which a company borrows a sum of money from one source and takes advantage of a short-term rise in interest rates to make a profit by lending it to another.
scripophile one who has the hobby of collecting stock and bond certificates.
scripophilist one who practises scripophily.
scripophily the hobby of collecting historic stock and bond certificates.
servqual the provision of high-quality products by an organization backed by a high level of service for consumers.
sharpbender an organization that has been underperforming its competitors but suddenly becomes more successful.
shelftalker a marketing device, eg a notice or mini-poster, attached to a shelf in a shop, to promote a specific product.
stockholding a holding of stock.
stocklist a list of items in stock.
stocktake an act of stocktaking; (verb) to perform the act of stocktaking.
superbank a very large bank.
supercover an insurance policy with additional benefits.
superfund a superior fund.
superstock a very high-performing stock.
tariffication the fixing of a tariff; conversion (eg of import restrictions) into a tariff.
tontine an annuity scheme in which subscribers share a fund, with individual benefits increasing as members die until only one member is left alive and receives everything or until a specified date at which the proceeds are divided amongst them.
tontiner a subscriber to a tontine.
traffic vehicles collectively; commerce, trade (verb) to engage in buying and selling
tranche (Fr.) a slice or block of money or shares.
upmarket high in price or quality; (verb) to make higher in price or quality.
upvalue to increase the value of.
usance the time allowed by custom for payment of a bill of exchange in foreign commerce.
usaunce the time allowed by custom for payment of a bill of exchange in foreign commerce.
utu (Maori) a Maori settlement of a debt.
valuta (Ital.) the comparative value of a currency.
vire to transfer funds by virement.
virement (Fr.) in accounting, an authorised transfer of a surplus to balance a deficit under another heading.
waybill a list of passengers and goods.
windbill a bill of exchange cosigned by a guarantor.
worldscale the scale of freight rates for oil tankers.
zaibatsu (Japanese) a powerful, family-controlled Japanese combine ZAIBATSUS
zaikai (Japanese) the business community of Japan.
zaitech (Japanese) the commercial practice of investing in financial markets to augment a company's normal earnings.