Banking Glossary French-English terms
Banking Glossary French-English terms
What is the origin of the word "bank"? It goes back to Italian. In Medieval Italy a moneylander set up a bench in the town square and sat down behind it to do business. The word for "bench" in Italian is banca. When the banker ran out of money he smashed his bench, it was then a broken bench or banca rotta. Doesn't that sound like bankrupt? (makes one think of "rupture", interestingly in French the word is banqueroute)
Here is a set of the most commons terms used in banking/finance in France along with their English equivalents to form a banking glossary French English.
Actions : Shares
ADI (Assurance Décès Invalidité) : Death and invalidity insurance
Agios : Interest paid on loan or overdraft
Annuité : Annual payment
Apport : Down payment or deposit you bring for loan or mortgage
Approvisionner : To credit funds to your account
Argent liquide/espèces : Cash
Avis d’opération : Transaction receipt
Avis à Tiers Détenteur : Notice to third p…
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