The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™
Index — Click the ᐅ to expand:
Tell me more
Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Careful: do not confuse with “poxy”.

Corporate actions

A person sent along to a shareholders’ meeting (and AGM, EGM, that kind of thing) with a piece of paper entitling her to vote on behalf of a registered shareholder. A special type of agent.

Phantom antipodean children, spouse, etc.

Also, a sort of synthetic jet-lag, caused by cohabiting with people — children, usually — who have actual jet-lag.

Middle-management

Any short-hand or heuristic or a second-order derivative which enables a person with no subject matter expertise to quickly evaluate something complicated, intractable generally requiring a lifetime’s market expertise to properly assess. For example, a credit rating in place of a systematic analysis of the business fundamentals of a multinational corporation. Also: a five-star rating for a book review, or a three-point rating in a performance appraisal.

See also