Stateline, Nevada (PressExposure) January 08, 2008 -- Jim Cramer, the famous media personality and investor, frequently describes investment terms as "Genuine Wall Street Gibberish". That sentiment is all too common in the trading community - among rookies and pros alike. Investmentterms.com was just released as the start of a long-term project to cut through the "gibberish" and bring meaningful definitions to the futures community.
The site contains a number of interesting features. The homepage consists of 6 randomly selected words rotating on a daily basis. The site is easy to navigate, with a browse box offering a dictionary-like index by letter of the alphabet. Additionally, the site has an integrated search feature, making it easy to find a desired term. A really cool feature is the Word of the Day RSS feed, which is a handy way to learn a new investment term every day.
The definitions provided are clear and well written. For instance, the definition of a Butterfly Spread on the website is "A three-legged option spread in which each leg has the same expiration date but different strike prices. For example, a butterfly spread in soybean call options might consist of one long call at a $5.50 strike price, two short calls at a $6.00 strike price, and one long call at a $6.50 strike price."
In the near future, the site will integrate a number of web 2.0 technologies such as widgets, video, user tags, and more. While the site is still very small today, new terms and features will be regular and often.