29
July
2021

The Street /

Wall Street

Business Term of the Day

Definition

“The Street” is a slang term for Wall Street, which is itself a metonym referring to investment banking as a whole.

Example sentence

The Street is of the view that CHOAM paid too much to acquire Tyrell Corp. and that CHOAM’s stock price will therefore probably go down.

Comment

Wall Street is the center of New York’s Financial District and is where the New York Stock Exchange is located. Securities traders began an informal market there already in the 18th century. Although just eight blocks long and no longer the home of most “Wall Street” financial firms, Wall Street and “the Street” are still synonymous with high finance in the U.S.

Definice

Wall Street je metonymum, které označuje investiční bankovnictví jako celek.

Příklad použití ve větě

Wall Street je toho názoru, že společnost CHOAM zaplatila příliš mnoho za akvizici Tyrell Corp., a že cena akcií CHOAM proto pravděpodobně klesne.

Poznámka

Wall Street je centrem newyorské Finanční čtvrti a je sídlem Newyorské burzy cenných papírů. Obchodníci s cennými papíry zde založili neformální trh již v 18. století. Ačkoli je dlouhá jen osm bloků a již není sídlem většiny finančních firem „z Wall Streetu“, pojmy „Wall Street“ a „Street“ jsou stále synonymem vysokého finančnictví v USA.

Business Term of the Day

English Editorial Services’ mission is to assist international businesses and organizations of all sizes to communicate clearly, correctly, and persuasively with their business partners and target audiences.

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Business Term of the Day

English Editorial Services’ mission is to assist international businesses and organizations of all sizes to communicate clearly, correctly, and persuasively with their business partners and target audiences.

Simply subscribe to receive our Business Term of the Day at no charge to your inbox each business day, with explanation in English and Czech.

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