The new online glossary is free to use and allows users to browse over 10,000 entries, join discussions with other readers or suggest new terms. It will be sponsored at launch by IBM.
With content sourced from the Financial Times and Longman Business Dictionaries, the Financial Times Lexicon allows users to search for specific business terms and find the latest definitions online. It is tightly integrated into FT.com content with select phrases from Financial Times editorial highlighted with a direct link to definitions on Lexicon. Once a user has searched for a specific term, examples of articles where the phrase has been used are also listed to view the term in context. The latest terms are listed on the Financial Times Lexicon homepage, in addition to most viewed and recently viewed phrases. The most relevant phrases to the current news agenda are also listed on the homepage in the ‘In the News’ section which is regularly updated by the Financial Times editorial team.
Additional features include the option to comment and add feedback on existing phrases, or suggest new phrases to the editorial team. Users are also given the option to share definitions with friends by email and social bookmarking through Facebook and Digg, for example. Phrases are updated on a rolling basis and can be added to watch lists and tracked by users when updated. Additional RSS feeds can also be established to monitor for ‘term of the day’ for example.
Rob Grimshaw (pictured), Managing Director of FT.com said: “FT Lexicon is another example of innovative thinking from FT.com and one that has been developed with our users in mind. FT Lexicon allows readers to collaborate with leading Financial Times journalists and add to the glossary of financial terms, building a resource that will appeal to many web users.”
About the Financial Times
The FT says: “The Financial Times, one of the world’s leading business news organisations, is recognised internationally for its authority, integrity and accuracy. Providing extensive news, comment and analysis, the newspaper is printed at 23 print sites across the globe, has a daily circulation of 397,600 (ABC figures, July, 2009) and a readership of 1.3 million people worldwide. FT.com is the definitive home for business intelligence on the web, providing an essential source of news, comment, data and analysis for the global business community. FT.com attracts 11.4 million unique users, generating 83.2 million page views (ABCe figures, March 2009) and now has over 1.4 million registered users.”