ken_ichikawa

Can We Have A Sticky Please?

38 posts in this topic

Seriously can we have a sticky telling us what all of the acronyms used in HPC actually mean?

I know plenty of them but more and more keep on coming up, like SMI (I know what it is but I don't know what the individual letters mean), but not what PMI happens to be.

I know a few people who found HPC absolutel unintellible because of all the acronyms and felt it made the place uber cliquey and thus they tended not to linger long.

Thanks

Share this post


Link to post
Share on other sites

Here are some.....

A&L - Alliance & Leicester

AER - Anual Equivalent Rate (Interest given to savings)

APR - Anual Percentage Rate (Interest paid on a loan)

B&B - Bradford & Bingley

Bear - Believes prices will fall

BMV - Below Market Value

BOE - Bank of England

BOJ - Bank of Japan

Bull - Believes prices will rise

BTL - Buy to Let (or buy to lose)

BTW - By the way

CDO - Collateralized Debt Obligations

CGT - Capital Gains Tax

CML - Council of Mortgage Lenders

CPI - Consumer Price Index (official (fiddled) inflation figure)

DOW - Dow Jones (US stock market)

EA - Estate Agent

ER - Exchange Rates

ECB - European Central Bank

Fed - Federal Reserve

FSA - Financial Services Authority

FTB - First Time Buyer

FTSE - Financial Times Stock Exchange (UK Stock market)

GB - Gordon Brown

GC1 - Great Crash 1 (see graph on front page)

GC2 - Great Crash 2 (happening now)

GDP - Gross Domestic Product

HBOS - Holding group for Halifax & Bank of Scotland

HIPS - Home Information Packs

HPC - House Price Crash

HPI - House Price Inflation

IHT - Inheritance Tax

iirc - If I remeber correctly

IMO - In my opinion

IMHO - In my humble opinion

IO - Interest Only (mortgage)

ISA - Individual savings account (tax-free up to £3600 per year)

IR - Interest Rate

IVA - Individual Voluntary Arrangement (alternative to bankruptcy)

LA - Local Authority

LIBOR - London Interbank Offered Rate (IR which banks lend to each other)

LL - Landlord

LR - Land Registry

LTB - Lie to Buy

LTV - Loan to Value (% of property's value a bank will lend)

M4 - Money supply - the total amount of money in bank accounts and in circulation in the UK

Merv - Mervyn King (govenor of BOE)

MEW - Mortgage Equity Withdrawal

MIRAS - Mortgage Interest Relief At Source

MOM - Month-on-Month

MPC - Monetary Policy Committee

MSE - MoneySavingExpert.co.uk (Martin Lewis)

NE - Negative Equity

NL - NuLabour

Nominal - Actual price in £ $ etc.

NR - Northern Rock

NS&I - National Savings and investments

OECD - Organisation for Economic Co-operation and Development

ONS - Office for National Statistics

OO - Owner Occupier

OP - Origional Poster

OPEC - Organization of the Petroleum Exporting Countries

PM - Prime Minister

PMQs - Prime Minister's Questions

RB - RealistBear (HPC.co.uk most prolific poster)

Real - Adjusted for inflation / deflation

RICS - Royal Institution of Chartered Surveyors

RPI - Retail Price Index (more realistic inflation figure)

SIPP - Self Invested Personal Pension

SIV - Structured Investment Vehicle

SM - Stock Market

STR - Sell / Sold to Rent

SVR - Standard Variable Rate (mortgage)

VI - Vested Interest (eg EAs will always tell you "now is the best time to buy")

YOY - Year-on-Year

Share this post


Link to post
Share on other sites

Here are some.....

A&L - Alliance & Leicester

AER - Anual Equivalent Rate (Interest given to savings)

APR - Anual Percentage Rate (Interest paid on a loan)

B&B - Bradford & Bingley

Bear - Believes prices will fall

BMV - Below Market Value

BOE - Bank of England

BOJ - Bank of Japan

Bull - Believes prices will rise

BTL - Buy to Let (or buy to lose)

BTW - By the way

CDO - Collateralized Debt Obligations

CGT - Capital Gains Tax

CML - Council of Mortgage Lenders

CPI - Consumer Price Index (official (fiddled) inflation figure)

DOW - Dow Jones (US stock market)

EA - Estate Agent

ER - Exchange Rates

ECB - European Central Bank

Fed - Federal Reserve

FSA - Financial Services Authority

FTB - First Time Buyer

FTSE - Financial Times Stock Exchange (UK Stock market)

GB - Gordon Brown

GC1 - Great Crash 1 (see graph on front page)

GC2 - Great Crash 2 (happening now)

GDP - Gross Domestic Product

HBOS - Holding group for Halifax & Bank of Scotland

HIPS - Home Information Packs

HPC - House Price Crash

HPI - House Price Inflation

IHT - Inheritance Tax

iirc - If I remeber correctly

IMO - In my opinion

IMHO - In my humble opinion

IO - Interest Only (mortgage)

ISA - Individual savings account (tax-free up to £3600 per year)

IR - Interest Rate

IVA - Individual Voluntary Arrangement (alternative to bankruptcy)

LA - Local Authority

LIBOR - London Interbank Offered Rate (IR which banks lend to each other)

LL - Landlord

LR - Land Registry

LTB - Lie to Buy

LTV - Loan to Value (% of property's value a bank will lend)

M4 - Money supply - the total amount of money in bank accounts and in circulation in the UK

Merv - Mervyn King (govenor of BOE)

MEW - Mortgage Equity Withdrawal

MIRAS - Mortgage Interest Relief At Source

MOM - Month-on-Month

MPC - Monetary Policy Committee

MSE - MoneySavingExpert.co.uk (Martin Lewis)

NE - Negative Equity

NL - NuLabour

Nominal - Actual price in £ $ etc.

NR - Northern Rock

NS&I - National Savings and investments

OECD - Organisation for Economic Co-operation and Development

ONS - Office for National Statistics

OO - Owner Occupier

OP - Origional Poster

OPEC - Organization of the Petroleum Exporting Countries

PM - Prime Minister

PMQs - Prime Minister's Questions

RB - RealistBear (HPC.co.uk most prolific poster)

Real - Adjusted for inflation / deflation

RICS - Royal Institution of Chartered Surveyors

RPI - Retail Price Index (more realistic inflation figure)

SIPP - Self Invested Personal Pension

SIV - Structured Investment Vehicle

SM - Stock Market

STR - Sell / Sold to Rent

SVR - Standard Variable Rate (mortgage)

VI - Vested Interest (eg EAs will always tell you "now is the best time to buy")

YOY - Year-on-Year

WTF* ?? :o

Where did you find that?

* What The Fudge (I think...)

Share this post


Link to post
Share on other sites

Seriously can we have a sticky telling us what all of the acronyms used in HPC actually mean?

I know plenty of them but more and more keep on coming up, like SMI (I know what it is but I don't know what the individual letters mean), but not what PMI happens to be.

I know a few people who found HPC absolutel unintellible because of all the acronyms and felt it made the place uber cliquey and thus they tended not to linger long.

Thanks

purchasing managers' intentions

support for mortgage interest

these are not 'hpc' things

google is your friend

Share this post


Link to post
Share on other sites

purchasing managers' intentions

support for mortgage interest

these are not 'hpc' things

google is your friend

I did google. It said PMI was Pensions Management Institute

Share this post


Link to post
Share on other sites

I did google. It said PMI was Pensions Management Institute

Purchasing managers index:

Measures Level of a diffusion index based on surveyed purchasing managers in the services industry;

Usual Effect Actual > Forecast = Good for currency;

Frequency Released monthly, on the third business day after the month ends;

Next Release May 4, 2011

FF Notes Data is given to Thomson Reuters subscribers 2 minutes before the public release time listed on the calendar - early market reaction is usually a result of trades made by these subscribers. Above 50.0 indicates industry expansion, below indicates contraction. Full reports are only available via subscription;

Why Traders

Care It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

Derived Via Survey of purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories;

Acro Expand Purchasing Managers' Index (PMI);

Share this post


Link to post
Share on other sites

LVT - Land Value Tax

EAT - Estate Agent Today website

QoQ - Quarter on Quarter data

TMT - The Masked Tulip (another prolific poster)

GC - General Congreve (poster who manages to mention a certain shiny substance in every second post)

If you think this site is bad, Mumsnet is practically unintelligible, and that's before taking into account the amount of acronyms they use.

There was talk on a thread here last week about plastic bears. That was a new one on me...?

Edited by rantnrave

Share this post


Link to post
Share on other sites

Maybe posters could add further acronyms and then one of the MODs (Forum Moderator ;) ) could gather them all together and do as Ken has requested.

I found it was like learning a new language when I first joined.

Share this post


Link to post
Share on other sites

BANANA - build absolutely nothing anywhere near anything

TEOTWAWKI - the end of the world as we know it

Share this post


Link to post
Share on other sites

new to me!

MUFFY: Mortaged Up For Forty Years

Muffy the Banker Slayer - HPC heroine extroadinaire!

Share this post


Link to post
Share on other sites

Corrected.

IMPO - You are wrong because I've got a shiny piece of paper that says I'm right

Share this post


Link to post
Share on other sites

SIBLEY - scammer identifying boring ludicrous (Daily) express yarns

Substantially Inebriated Bonkers Ladyboy Expecting Youth (to pay for his mortgage)

Share this post


Link to post
Share on other sites

Substantially Inebriated Bonkers Ladyboy Expecting Youth (to pay for his mortgage)

TFH - Tin Foil Hat (for people who have ideas that the general population think are whacky, but in years to come are proved correct, a.k.a CGNAO. Talking of which..)

CGNAO - ??? (A historic poster who was proved 100% correct).

Share this post


Link to post
Share on other sites

INJ$ - Non fiat currenty which has all the features of normal currency i.e. it's worthless!

Share this post


Link to post
Share on other sites

Kenned....failed at chip shop purchase.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.