centre for lexicography (centlex) research into needs adapted data and information access

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Centre for Lexicography (Centlex)Research into needs adapted data and information access

Access Routes of Internet Finance Dictionaries:

Present Solutions and Future Opportunities

Deny A. Kwary

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Overview of the PresentationOverview of the Presentation

• Background of the StudyBackground of the Study

• Paper Dictionaries on ComputerPaper Dictionaries on Computer

• Lexicographical Information CostsLexicographical Information Costs

• True Electronic DictionariesTrue Electronic Dictionaries

• Future Opportunities Future Opportunities

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1. Background of the Study

• The fast development of the Internet has not been taken on properly by lexicographers, especially those working with dictionaries of finance.

Poor utilization of search options to help users find what they are looking for. Access routes to dictionary definitions.

• Internet finance dictionaries (IFDs) can be divided into two categories (Prinsloo 2005: 17):

‘paper dictionaries on computer’ ‘true electronic dictionaries’.

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2. Paper Dictionaries on Computer

• www.anz.com/edna/dictionary.asp

Word searched: Debenture

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2. Paper Dictionaries on Computer (Cont’d)

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2. Paper Dictionaries on Computer (Cont’d)

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2. Paper Dictionaries on Computer (Cont’d)• www.duke.edu/~charvey/ Classes/wpg/glossary.htm

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2. Paper Dictionaries on Computer (Cont’d)

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2. Paper Dictionaries on Computer (Cont’d)

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3. Lexicographical Information Costs

• Two distinct types of Lexicographical Information Costs (Nielsen 2008: 173-174):

Search-related information costs:‘The costs (i.e. efforts) related to the look-up actslook-up acts users have to perform when consulting a dictionary in order to gain the data for which they are searching’

Comprehension-related information costs: ‘The costs (i.e. efforts) related to the user’s ability to understand and interpretunderstand and interpret the data presented in the dictionary’

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4. True Electronic Dictionaries• www.financial-dictionary.thefreedictionary.com

debenture

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4. True Electronic Dictionaries (Cont’d)

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4. True Electronic Dictionaries (Cont’d)• www.investopedia.com/dictionary/default.asp

debenture

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4. True Electronic Dictionaries (Cont’d)

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4. True Electronic Dictionaries (Cont’d)

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5. Future Opportunities

• Main elements of lexicographical functions (Tarp, 2008: 43):Extra-lexicographical elements: (1) Types of potential user, (2) User situation, and (3) User need.

• Example: English Dictionary of Finance for Indonesian CFA (Chartered Financial Analysts) candidates

Main lexicographical function: Text reception. Potential users: Indonesian people who have completed

undergraduate programs from a faculty of economics or a school of business and are preparing to take the CFA exams.

User situation: Reading American Financial Textbooks from the CFA Institute.

User need: Help to understand the texts they read.

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English Dictionary of Finance for Indonesian CFA candidates (1)

• Exact match• ContainsInsert Symbols

µ ² χ α Etc.Equivalent (?)

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Hedge (Finance): to protect yourself against the risk of losing money in the future because of changes in the value of shares, currencies, raw materials, etc.

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English Dictionary of Finance for Indonesian CFA candidates (2)

Insert Symbols

Text from CFA exam questionEnglish definition Indonesian definition Indonesian equivalentx

cost of goods sold

Indonesian equivalent• Harga Pokok Penjualan

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English Dictionary of Finance for Indonesian CFA candidates (2)

Insert Symbols

Text from CFA exam questionEnglish definition Indonesian definition Indonesian equivalentx

cost of goods sold

English definition• Cost of goods sold is an item in the income statement showing the cost

during a period of the merchandise or products an enterprise acquires or produces and then sells.

The definition is adopted from www.accountingdictionary.dk

x

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English Dictionary of Finance for Indonesian CFA candidates (2)

Insert Symbols

Text from CFA exam questionEnglish definition Indonesian definition Indonesian equivalent x

cost of goods sold

Text from CFA exam question• Which principle requires that cost of goods sold be recognized in the same

period in which the sale of the related inventory is recorded?A. Going concern.B. Certainty.C. Matching.D. Economic.

Click HERE to see the correct answer.

Source: CFA 1, Book 3, p. 77, #5.

persediaan

x

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English Dictionary of Finance for Indonesian CFA candidates (2)

Insert Symbols

Text from CFA exam questionEnglish definition Indonesian definition Indonesian equivalentx

cost of goods sold

Indonesian equivalent• Harga Pokok Penjualan

x

Text from CFA exam question• Which principle requires that cost of goods sold be recognized in the same

period in which the sale of the related inventory is recorded?A. Going concern.B. Certainty.C. Matching.D. Economic.

Click HERE to see the correct answer.

Source: CFA 1, Book 3, p. 77, #5.

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English Dictionary of Finance for Indonesian CFA candidates (2)

Insert Symbols

Text from CFA exam questionEnglish definition Indonesian definition Indonesian equivalentx

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Conclusion

Considerations on Considerations on the functionthe function and and the user groupthe user group should be should be taken as the point of departure taken as the point of departure

in any lexicographical work.in any lexicographical work.

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