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Financial Abbreviations Quiz

Do you know what these financial abbreviations stand for?
Quiz by Quizmaster
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Last updated: May 16, 2019
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First submittedNovember 28, 2010
Times taken19,694
Average score55.0%
Rating4.04
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Abbreviation
What It Stands For
ARM
Adjustable Rate Mortgage
ATM
Automated Teller Machine
CD
Certificate of Deposit
APR
Annual Percentage Rate
GDP
Gross Domestic Product
IPO
Initial Public Offering
IRA
Individual Retirement Account
NYSE
New York Stock Exchange
P/E
Price/Earnings
ROI
Return on Investment
Abbreviation
What It Stands For
WSJ
Wall Street Journal
FOREX
Foreign Exchange
EPS
Earnings per Share
IRS
Internal Revenue Service
M&A
Mergers & Acquisitions
P&L
Profit & Loss
ETF
Exchange-traded Fund
S&L
Savings & Loan
COLA
Cost of Living Adjustment
HELOC
Home Equity Line of Credit
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15 Comments
zimba
+2
Level 50
Nov 29, 2010
Kind of funny that only 36% got ARM. Might explain the giant mortgage mess eh?
sumguy
+13
Level 85
Jan 18, 2017
I didn't get it, even though I have one, because in Canada we call them "variable rate mortgages". Not all of these terms are universal.
DiscoBayGolfer
+1
Level 78
Nov 29, 2010
Zimba...that was funny!
delky06
+1
Level 28
Dec 30, 2011
100% with 1:07 remaining - it helped to work at a bank for most of these
delky06
+1
Level 28
Dec 30, 2011
The mortgage company experience helped with the rest, lol. Guess there was a reason why I had to suffer through that insufferable job...to kill it on random internet trivia, lmao
jamesjunkers
+1
Level 15
May 27, 2012
Easy
sillie
+1
Level 77
Jun 9, 2014
There were several I could guess HALF of. I wish I'd gotten credit for that. Other than that not having any background in economy/accounting/banking/etc and not being a native English speaker nor living in an English-speaking counry I found it pretty hard.
Eutychus
+2
Level 91
Sep 13, 2014
Desperately want Infernal Revenue Service to be accepted. Thanks, Steve Jackson!
pkerr116
+1
Level 73
Sep 13, 2014
easy, 2:49 remaining. typos cost me the most time.
AllenY
+1
Level 68
Feb 24, 2016
Eh... is GDP so much financial? Isn't it more economic?
Milezinator
+1
Level 71
May 21, 2019
its important for financiers to know about the economy, so the term is thrown around a lot in their field, i guess it is kind of a stretch though
Komashura
+4
Level 45
Nov 28, 2016
Nice to know I've been drinking Cost of Living Adjustment.
kalbahamut
+2
Level 81
May 23, 2019
Ben Carson fell asleep half way through failing this quiz.
SmartAssGary
+1
Level 73
Apr 3, 2022
Technically, an IRA is an Individual Retirement Arrangement, though most people don't use that. But that is still its official designation according to the IRS.

So IRA account is not redundant.

Here's a king-of official source if you want it: https://www.nerdwallet.com/article/investing/what-does-ira-stand-for

TheRatmeister
+2
Level 86
Nov 23, 2022
Could "Wall St" be accepted?
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