Finance More: Wall Street Finance Language 22 Phrases That Only Wall Streeters Will Understand.
The same word for clients is also used for girls. Not all of Wall Street's tribes — the traders, the investment bankers, the analysts, brokers etc. — use all of these phrases. Some of them are specific to each group.
For example, if you ever hear someone say they're "junked up" on something, you can bet you're talking to a trader. That's just how they roll. Be aware.
Big shouts to Turney Duff, author of The Buy-Side: A Wall Street Trader's Tale of Spectacular Excess, for helping us with some of the definitions for the following 22 phrases you'll hear on Wall Street. This could be handy if you ever find yourself stuck behind some i-bankers waiting for a drink at Ulysses. It's hard to be in a world where you don't know the language.
Read more:www.businessinsider.com/phrases-only-wall-street-understands-2014-1