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Revised, updated & expanded

This simple glossary of treasury terminology helps explain some of the jargon that is commonly used in financial markets.

The original glossary has been revised, updated and expanded to include many of the expressions that are now in common use. Some of these terms are unique to UK markets but many are universal to all markets.

What is noticeable is that the original glossary has more than doubled in size. This is a reflection of the depth of the financial crisis and the resultant regulatory response.

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