In the Red:  Better to Be in the Black

Some business terms you can profit from.
28 January 2007

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in the red. It is another way of saying that a business is losing money. In the past, numbers in the financial records of a company were written in red ink to show a loss.

in the black is making money. An international news service reported that a private health insurer in Australia announced it was back in the black with its first profit in three years.

run on the bank. That is what happens when many people try to withdraw all their money from a bank.  A run on the bank usually happens when people believe there is danger a bank may fail or close.

Day trading is a new expression about a system that lets investors trade directly on an electronic market system. The system is known as NASDAQ, short for The National Association of Securities Dealers Automated Quotation. It was the first completely computerized stock market. It sells stocks of companies not listed on any stock exchange.  Many high technology companies are listed on it.


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