Common Acronyms at FWF

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Common Acronyms at FWF

Post by ModeratorA »

This is an organized digest of another thread which has been deleted. This thread will be left open for posting so that additions may be suggested by forum members. Incorporation of suggestions is at the discretion of the moderators and, unlike other parts of the forum, messages with suggestions will be deleted (after moderator review) to keep this thread easy to read.

2021 update: Our wiki, Common acronyms - finiki, the Canadian financial wiki, contains a listing of commonly used financial acronyms that a reader might find on the wiki or on the Financial Wisdom Forum (FWF).

Attribution or credit is unlikely but we encourage and thank you in advance for further suggestions.

General
AFAIK - as far as I know
BTW - by the way
DIY - Do-it-yourself!
GMAFB - give me a f&%#ing break
IANAL - I am not a lawyer (invariably followed by "but ...")
IIRC - if I recall correctly
IMHO - in my humble opinion (uncommon, not much humility here ;))
IMNSHO - in my not-so-humble opinion (much more common than IMHO ;))
IMO - in my opinion
OFCS - ohfercrissake
OP - original poster, the person starting a thread
OT - off topic
OTOH - on the other hand
PITA - pain in the ass
ROFL - roll on the floor laughing
RTFM - read the f***ing manual
TANSTAAFL - there ain't no such thing as a free lunch
WADR - with all due respect
WTF - What the F#%k!
YMMV - your mileage may vary

For other terms, use one of the many acronym lists linked by google.

Finance and Investing
BP / BPS / BIP - basis point
CAPM - capital asset pricing model
CPI - Consumer Price Index ("Inflation")
DCA - dollar cost averaging
DCF [Model] - discounted cash flow [Model]
DD - due diligence
DRIP - dividend reinvestment plan
DSC - Deferred Sales Charge
EMH - efficient market hypothesis
ETF - exchange traded fund
FCF - free cash flow
IRS - Internal Revenue Service, the taxman in the United States
MER - management expense ratio: the management and administrative costs of operating a mutual fund as a percentage of average total assets.
P/E - price/earnings
P/B - price/book
P/CF - price/cash flow
P/S - price/sales
ROC - return on capital
ROE - return on equity
ROI - return on investment
TER - total expense ratio
YTM, YTW. YTC, YTP - yield to maturity, yield to worst, yield to call, yield to put

You should also check the Investopedia Dictionary, which contains over 5,000 financial terms.

Purely Canadian finance and investing
BMOIL - BMO Investorline, a discount broker
CDIC - Canada Deposit Insurance Corporation
CMHC - Canada Mortgage and Housing Corporation, the federal government's mortgage insurer
CPP - Canada Pension Plan, a contributory government pension
CRA / CCRA - Canada Revenue Agency, the taxman in Canada
CUDGC - Credit Union Deposit Guarantee Corporation of Manitoba
GIC - guaranteed investment certificate, the equivalent of a certificate of deposit (CD) in the US
GIS - Guaranteed Income Supplement, a pension top-up for low income seniors
GST - goods and services tax, the Canadian value added tax
IB - Interactive Brokers, a discount broker
OAS - Old Age Security, a non-contributory government pension
RBCDI - RBC Direct Investing, a discount broker
RRIF - registered retirement income fund: successor to an RRSP from which money must be withdrawn each year
RRSP - registered retirement savings plan: a tax deferred retirement account in Canada
TDWH - TD Waterhouse, a discount broker

Purely local
FWF - Financial Webring Forum, i.e. what you are reading
FWR - the sponsors of this forum
GTA - greater Toronto area
TFL - The Fund Library, a predecessor forum to TWB, where many of FWF's old-timers first met; the website remains but the TFL forum is now defunct
TWB - The Wealthy Boomer, a predecessor forum started by Jon Chevreau and Tony Humble, now defunct

Purely blonde
10%er - rich dude with mega-money
90%er - poor person, slave, underling, commoner
wannabee - 90%er pretending to be a 10%er
UCS - used car salesman
Last edited by Peculiar_Investor on 03 Jan 2021 16:40, edited 1 time in total.
YogiBear
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Post by YogiBear »

Some commonly encountered world currencies:
  • CAD = Canadian Dollars
  • USD = US Dollars
  • GBP = (British) Pound Sterling
  • EUR = Euros
  • CHF = Swiss Francs
  • AUD = Australian Dollars
  • JPY = Japanese Yen
  • HKD = Hong Kong Dollars
The entire list of currency codes can be seen here as well.
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Re: Common Acronyms at FWF

Post by ig17 »

Also Trading Expense Ratio.

Confusingly... T(otal)ER = MER + T(rading)ER
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Post by Shakespeare »

Just for Dan: :wink:

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Post by ockham »

SWR=Sustainable Withdrawal rate
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Post by jopa »

EBDIT, which is second nature to all beancounters

http://en.wikipedia.org/wiki/EBDIT
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Post by kcowan »

Coined by Steve Balmer of Microsoft when he managed the joint OS project with IBM:

BOGU - How to get agreement on any issue with IBM

(Bend Over Grease Up) :lol:
For the fun of it...Keith
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Post by Maciek »

ACB is missing
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Post by leonk »

pardon the ignorance, what's yabut?
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Post by AltaRed »

leonk wrote:pardon the ignorance, what's yabut?
"yes, but"
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Post by leonk »

Oh, thanks, seems so obvious.
Only a bloody foreigner could ask that :lol:
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Post by dakota »

But what does POV mean?
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Post by Jo Anne »

dakota wrote:But what does POV mean?
Point of View
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Post by dakota »

Jo Anne wrote:
dakota wrote:But what does POV mean?
Point of View
How dumb of me :oops: thanks Jo Anne
A fool and his money are lucky to get togethere in the first place
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Post by Nemo2 »

dakota wrote:
Jo Anne wrote:
dakota wrote:But what does POV mean?
Point of View
How dumb of me :oops: thanks Jo Anne
NOT to be confused with POS. :wink:
Exit, pursued by a bear.
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Post by Operabob »

DRIP: dividend reinvestment plan

DRIP + SPP: dividend reinvestment plan plus stock purchase plan

DRASP: TransAlta's unique name for their DRIP + SPP

DRIPper: A person who actively uses DRIPs (dividend reinvestment plans) with accompaning SPPs (stock purchase plans).


DRIP (to a DRIPper): By default DRIPpers assume an SPP is included when talking about DRIPs. When a DRIPper says "DRIP" they mean "DRIP + SPP".This is an important distinction when talking to brokers or investor relations who do not make the distinction or newcomers.

OCP: Optional cash payment - the money sent to a DRIP's SPP.

ABW: Automatic Bank Withdrawal

ACH: Automatic Clearinghouse - the US term for ABW

Broker: The person who doesn't get a commission from a DRIPper ;-)

OB
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Post by Operabob »

Ooops, missed one:

DSP or DSPP: Direct stock purchase plan. Note: all DSPs become DRIPs once started.

OB
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Post by dakota »

Nemo2 wrote:
dakota wrote:
Jo Anne wrote:
Point of View
How dumb of me :oops: thanks Jo Anne
NOT to be confused with POS. :wink:
Okay you lil' bugger...I'll bite, what is POS?
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Post by Nemo2 »

dakota wrote:
Nemo2 wrote:
dakota wrote:
How dumb of me :oops: thanks Jo Anne
NOT to be confused with POS. :wink:
Okay you lil' bugger...I'll bite, what is POS?
POS...scroll down
Exit, pursued by a bear.
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Post by couponstrip »

what does EDTC stand for?
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Post by Nemo2 »

couponstrip wrote:what does EDTC stand for?
http://acronyms.thefreedictionary.com/EDTC
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Post by Shakespeare »

Enhanced Dividend Tax Credit.
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Post by BRIAN5000 »

I'm wondering if there would be any value in having for maybe three age groups, Financial make over's posted in the stickies?
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Post by Fred42 »

Investopedia.com has a great exhaustive list of financial acronyms for any one who is interested.
ModeratorQ to Fred42 - Please read your personal messages.
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Post by My Dream »

Not sure if this one has been covered but what is custody fees?
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