British and American Financial Terms
Here are some of the main differences
between British and American financial terminology.
| British |
American |
| Annual General Meeting
(AGM) |
Annual Stockholders
Meeting |
| Articles of
Association |
Bylaws |
| authorised share
capital |
authorized capital
stock |
| barometer stock |
bellwether stock |
| base rate |
prime rate |
| bonus or
capitalisation issue |
stock dividend or
stock split |
| bridging loan |
bridge loan |
| building society |
savings and loan
association |
| cheque |
check |
| company |
corporation |
| creditors |
accounts payable |
| current account |
checking account |
| debtors |
accounts receivable
|
| gilt-edged stock
(gilts) |
Treasury bonds |
| labour |
labor |
| Memorandum of
Association |
Certificate of
Incorporation |
| merchant bank |
investment bank |
| ordinary share |
common stock |
| overheads |
overhead |
| profit and loss
account |
income statement |
| property |
real estate |
| quoted company |
listed company |
| retail price index (RPI)
|
consumer price index
(CPI) |
| share |
stock |
| share premium |
paid-in surplus |
| shareholder |
stockholder |
| shareholders' equity
|
stockholders' equity
|
| stock |
inventory |
| trade union |
labor union |
| unit trusts |
mutual funds |
| visible trade |
merchandise trade
|
|
