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Have you ever spoken with your finance friends and wondered what exactly they were saying? It often feels as if Wall Streeters have their own language, especially when talking about what they do.
Alan Li, a former Goldman Sachs analyst, explained some popular banker jargon on the latest episode of his podcast, "The Vampire Squid."
"Financial jargon," Li said, "is any financial professional's way of saying something very direct in a very abstract way."
Here are seven key financial phrases, according to Li: