Economy Talk

Finance jargon, translated honestly

As a lawyer I've spent years translating legalese for clients, so here's my contribution to financial literacy:

"Market correction": prices fell and we'd prefer you didn't say "crash".

"Volatility": nobody knows.

"Long-term investor": someone whose position is down.

"Priced in": it already happened and you missed it.

"Restructuring": layoffs, plus a consultant.

"Soft landing": the thing everyone hopes for and nobody can define in advance.

Add yours. Extra points for footnotes.