Banking/Investing/Financial terms 1

🏭 Did you know? Finance edition
"Bull and bear markets" are among finance's most colorful terms. A bull market means rising prices (bulls attack by pushing their horns upward); a bear market means falling prices (bears attack by swiping their paws downward). Both are used far beyond finance now: "He's bearish on the economy" simply means pessimistic.
"Bottom line" originally referred to the final line of a financial statement showing net profit or loss. Today it's used in everyday English to mean the most important point: "The bottom line is we need to cut costs." It's one of finance's biggest contributions to general business English.
Compound interest is what Einstein allegedly called "the eighth wonder of the world." Whether or not he said it, the concept is real: interest earning interest over time is the basis of both long-term investment growth and the danger of revolving credit card debt.