Linguistic Features and Translation of Financial English

That is why many credit unions offer financial literacy courses and training which benefit the community by promoting financial independence in both individuals and businesses. These customizable courses are offered online, in-person, or even multilingual to suit members’ needs, making them more accessible and, therefore, more used.

are English and French provides returns to the investment involved that go well beyond the

Life of an immigrant is not easy, let alone navigating through a plethora of obscure banking concepts and products. It is even more overwhelming for an older generation, in a foreign language. Working in the financial services I realized that I could make newcomers’ lives easier by sharing my expertise and knowledge of the industry. For over a year, I delivered financial literacy seminars, in a simple, jargon-free language, to the members of the Russian speaking community. The topics included basics of banking, importance of saving, and understanding credit history. Not only did I feel proud of my contribution to the community, my workshops helped the newcomers avoid some of the common pitfalls; it taught them to be responsible with money and

Financial literacy is the ability to understand how money works in the world. It involves the confluence of financial, credit and debt management and the knowledge that is necessary to make financially responsible decisions. It shows how people spend, save, invest, and donates their money. Knowing about financial literacy is important because it is how you manage your money and become financially stable. From learning about finance, you will be able to chose the most beneficial insurance plan for you.

It is despondent to see the majority of college students make poor financial choices when it comes to repaying the student loan debt. Understanding the basic financial literacy fundamentals have helped me to budget my money spending, planning and strategizing myself before graduation when it comes to how much money do I need to borrow; how to repay my loans earlier and faster, and having an emergency fund for difficult situations. It is important for the students to take advantage of the debt management counseling sessions at their college institution to ease the gap in financial literacy and be debt-free.

The possession of knowledge and understanding of financial matters. Financial literacy is mainly used in connection with personal finance matters. Financial literacy often entails the knowledge of properly making decisions pertaining to certain personal finance areas like real estate, insurance, investing, saving (especially for college), tax planning and retirement. It also involves intimate knowledge of financial concepts like compound interest, financial

The world we know revolves around two key essentials. In life, we can choose wisely to abide by the resources given or discard them. Understanding economics means you can understand the world. The power of money and knowledge leads to a future of success. In addition to success, life as we know becomes simple as we apply needed essentials that help escape from common struggles. In an effort to ensure financial success it is important that we pursue additional learning beyond our elementary experience, understand financial rankings and ensure the decisions we make will support us for a lifetime.

Sujatha, A., describes financial literacy as the ability to grow, monitor, and effectively use financial resources to enhance the well-being and economic security of oneself, one’s family, and one’s business. Financial literacy is a process of making meaning of, and understanding, financial issues and situations. Lack of financial literacy is often tied to lack of access to financial products or failure to use them even when they are available (Sujatha, 2016).

In this paper I will outline the fourteen financial terms and roles for the following words finance, efficient market, primary market, secondary market, risk, security, stock, bond, capital, debt, yield, rate of return, return on investment and cash flow and identify their roles in finance in today’s business world.

Proper financial education is an important part of life because it affects virtually every aspect of it. Everyone will likely someday face a difficult financial situation, whether large or small, that requires time and money. Having a good understanding of daily cash inflows and outflows in personal finances will help make tough situations less stressful and easier to handle.

The author, in order to complete the report studied several texts with regards to financial management. The author also researched many useful websites and journals with regards

Consequently, international business organisations are using English as a lingua franca and it will be easier for non-native English speakers and native English speakers to understand each other better. Furthermore, Rogerson-Revell points out that a lot of non-native English speakers feel comfortable to use English to communicate (2007). Thus, in the international business organisation colleagues can use English as common language to communicate, attend meeting and discuss in some small groups.

The data presented in this article is comprised of quantitative assessments of financial literacy in a population of 79 students one and four years after their participation in a financial literacy education course. The data is presented and interpreted in both visual/graphic fashions and in textual examinations and explanations, meaning that both directly observable quantification and qualitative interpretation is provided. Because of the extensive and multi-layered presentation of this data, it is highly possible for the reader to develop their own interpretation and summary of findings through an examination of the raw data tables and hose that present basic summary statistics, meaning the summary provided by the authors does not have to be relied upon as the certain and complete summary of the data.

Every profession tends to have a language specific to the profession or occupation. The financial world is not immune to this language subset. The term Generally Accepted

One of the main advantages of studying English is that it vastly increases the career prospects and employment opportunities of students. One of the arguments in favour of speaking in English is that it virtually removes communication barriers. It is doubtless that it will be difficult to communicate with foreigners when the languages are different. English is therefore well-regarded as the lingua franca to ease international communication. As a result, miscommunication can be avoided and it can eventually assist companies to save cost and minimize wastage of time. (Mydans, 2007). Other than this, English is certainly the primary language of global trade and commerce and tourism sector. In many countries, most of the tourism authorities and other officials who are in contact with public prefer to speak English for interaction and also to engage with tourists and immigrants. (Wil,