Linguistic Significance
Common usage of investment to describe speculation has reduced investor capacity to discern investment from speculation, reduced investor awareness of risk associated with speculation, increased capital available to speculation, and decreased capital available to investment.
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Famous quotes containing the words linguistic and/or significance:
“The most striking aspect of linguistic competence is what we may call the ‘creativity of language,’ that is, the speaker’s ability to produce new sentences, sentences that are immediately understood by other speakers although they bear no physical resemblance to sentences which are ‘familiar.’”
—Noam Chomsky (b. 1928)
“Of what significance the light of day, if it is not the reflection of an inward dawn?—to what purpose is the veil of night withdrawn, if the morning reveals nothing to the soul? It is merely garish and glaring.”
—Henry David Thoreau (1817–1862)