Financial Services Terminology

noun an official order or commission to do something

verb to give (someone) authority to act in a certain way

• The government issued a mandate requiring all citizens to wear masks in public places.
• My boss gave me a mandate to finish the report by the end of the week.
• I can't believe my parents are mandating that I come home before midnight.
• As a leader, it is my mandate to guide my team towards success.

noun a type of sculpture consisting of shapes cut from metal sheets, suspended so that they move in response to air currents

adjective able to move or be moved freely or easily

• The company is launching a new mobile app to improve customer engagement.
• I always have my mobile phone with me wherever I go.
• I need to upgrade my mobile to get better camera quality.
• His ideas are always on the move, like a mobile mind.

noun the act of allowing a financial services firm registered in one member state of the European Union to provide services in another member state without having to establish a physical presence in that state

verb present participle of the verb 'passport', which means to allow a financial services firm to operate in another country without needing to go through additional regulatory processes

• The company relies on passporting rights to provide financial services across the EU.
• If you want to work in Europe, you'll need to understand passporting regulations.
• I heard they're cracking down on passporting, so be careful when traveling abroad.
• In the world of business, having strong passporting abilities can open up new opportunities.

noun a person or company that bundles things together, especially for sale or distribution

• The bundler is responsible for packaging multiple files together for easier distribution.
• Hey, could you ask the bundler to combine all the documents into one file?
• I'll just let the bundler handle all these files and make my life easier.
• She was like a bundler, gathering all the loose ends and tying them up neatly.