Investment Banking Jargon

3 words in this vocabulary list

verb to assume financial responsibility for something, typically by agreeing to pay for any losses or damages

  • The insurance company agreed to underwrite the policy for the new building.
  • The bank will underwrite the loan for the new car.
  • I'll underwrite your night out if you promise to pay me back.
  • The company decided to underwrite the project, ensuring its success.

noun a street in lower Manhattan, New York City, known for being the financial center of the United States

  • Wall Street is known for its bustling financial district in New York City.
  • I heard that a lot of big companies are located on Wall Street.
  • Some people dream of making it big on the Wall Street trading floor.
  • In the world of finance, success on Wall Street is often seen as the ultimate achievement.

CVA

noun CVA - acronym for cerebrovascular accident, commonly known as a stroke

  • The patient suffered a cerebrovascular accident (CVA) which resulted in paralysis on one side of the body.
  • My grandpa had a CVA last year and he's been recovering well ever since.
  • I heard that dude had a CVA and now he can't even walk straight.
  • The company experienced a financial CVA when their main investor pulled out unexpectedly.