
To buy Finance and Investment Terms OR Banking Terms?
Review created: 05/08/08(updated 09/05/08)

Before listing a few omissions which expose the bias of the authors toward the Federal Reserve System (i.e. racket), I think -almost- all of Barron's Dictionary & Terms books are a good value.
For those who may be considering either this title (Finance & Investment Terms) or 'Barron's BANKING Terms', I heartily advise you to SKIP their Banking Terms edition; almost all of the terms in their Banking Dictionary are contained in the 'Finance and Investment Terms', along with many other terms encountered by the typical investor. For the record, a seller sent me Barron's Banking Terms by mistake... after looking it over for a day, I returned the 'Banking Terms' book.
Buy 'Dictionary of Finance and Investment Terms' INSTEAD of 'Banking Terms'.
Now here are a few of the weaknesses with BOTH the Banking Terms edition and this (Finance & Investment) dictionary: NEITHER of the two books contains any definition for the terms 'Monetize' or 'Monetization' ... quite pathetic when you consider the fact our 'money' system is now being propped up by monetizing debt/stocks/real-estate, etc. Furthermore, while neither offers a definition for the preceding term, the BANKING book offers a useless definition for 'Condominium', and this book has an entry for 'Chunnel' (the English Channel tunnel connecting UK & France).
To add insult to injury, the authors appear to be held under the evil spell of the Federal Reserve System (which is NOT a part of the gov't, but is a PRIVATE banking cartel) and all the mechanisms via which our treasury and nation are held hostage by that insidious creation; the nation's founders fought against any form of central banking, knowing well that it would endanger our liberty. FOMC, FRS, Discount Window... all the alchemy of Greenspan and company are here.
Curiously, there is no definition for 'Fractional Reserve Banking' which is the basis of our 'system' and the cause of increasing bank failures in the U.S.
Nonetheless, for the majority of definitions, Barron's Finance and Investment Terms (7th ed.) is packed with almost every term you'll encounter out in the investment world, and is an excellent resource for laymen, students, and pros.
Despite some rather overt and curious omissions, Barron's has produced a winner with 'Dictionary of Finance and Investment Terms'. A 7th edition copy is a wise investment.
Review ID: 10000000007075944

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