Jargon is a barrier to your effective communication with clients. But sometimes it’s hard for you to think of a replacement for a term like “secular” that’s convenient shorthand for communication among investment professionals.
Google definitions can help
You can always do a Google search to define terms that may derail your client. For example, inputting “define: credit default swap” will yield some definitions that you can paraphrase for your client’s benefit.
But sometimes a Google search doesn’t cut the mustard.
For example, investment strategists often talk about secular trends. But “define: secular trend” yielded no definitions when I tried it recently. And “define: secular” spoke about the term only as the opposite of “religious.”
Online investment glossaries fill the gap
Sometimes an investment glossary comes to the rescue.
Sometimes it pays to go to investment glossaries.
Here are some options:
What investment glossaries do YOU recommend?