Big Ben

AAA

DEFINITION of 'Big Ben'

An investing slang term referencing Ben Bernanke. The name Big Ben was given to Bernanke around 2005, when he was appointed to the position of Federal Reserve chairman by President George Bush.
The name Big Ben is often used in headlines due to its relative compactness. Analysts also use the slang term, which has no relation to the landmark in London.

INVESTOPEDIA EXPLAINS 'Big Ben'

Bernanke took over the chairman position from Alan Greenspan on February 1, 2006. Before taking over the position, Ben was the Fed governor and chairman of the Council of Economic Advisers.

RELATED TERMS
  1. The Great Moderation

    The Great Moderation is the name given to the period of decreased ...
  2. Green Shoots

    A term used to describe signs of economic recovery or positive ...
  3. Ben Bernanke

    The chairman of the board of governors of the U.S. Federal Reserve. ...
  4. Fed Speak

    A phrase used to describe former Federal Reserve Board Chairman ...
  5. Alan Greenspan

    The former chairman of the Board of Governors of the Federal ...
  6. Yo-Yo

    Slang for a very volatile market. A yo-yo market will have no ...
Related Articles
  1. Ben Bernanke: Background And Philosophy
    Economics

    Ben Bernanke: Background And Philosophy

  2. Translating
    Economics

    Translating "Fed Speak" Into Plain English

  3. Get To Know The Major Central Banks
    Forex Education

    Get To Know The Major Central Banks

  4. The Importance Of Inflation And GDP
    Economics

    The Importance Of Inflation And GDP

comments powered by Disqus
Hot Definitions
  1. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  2. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  3. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  4. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  5. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  6. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
Trading Center