Understanding key terms

This module will ensure you have a grounded understanding of key terminology and the various acronyms that are used within the industry. It will focus you on starting your journey with a good understanding of the various types of terminology involved within various sectors of the market.

So why is this so important? There are many reasons, but predominantly speaking, everyday communication with other brokers and traders will fill your ears with more than likely never before heard terms, becoming familiar with such terms will make all the difference in negotiation and ultimately your ability to succeed in your business.

You'll find that all the most commonly used terms and acronyms are explained clearly and concisely to avoid confusion. Understanding these key terms is an important precursor into the next module you'll see which is recognising the various industry sectors.

 

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