Just call us Bond. Amortized bond.
Over 700 finance terms, Shmooped to perfection.
The "sell-side" of Wall Street includes stock brokers, people who sell companies, investment bankers, capital markets makers, and other such folks. These people are all about making money, wearing ties, and driving fancy cars. If you've seen Wolf of Wall Street, you know who we're talking about.
The "buy-side" of Wall Street includes people like mutual fund managers, hedge fund managers, and pension fund managers.These are people who are responsible for the money and have an obligation to their clients. They have to report to shareholders and have to justify how much risk they took to make money. If they lost money, they have some 'splainin' to do.