Semantic Analysis on Economic Terms Used in Economic


Abstract. In the process of communication with other person, there will be many possibilities of misunderstanding and misinterpreting of the meaning from the language we use. Therefore, understanding meaning is very crucial. To get successful interaction we have to understand both explicit and implicit meaning of the word. Meaning is idea or concept that can be transferred from the speaker’s mind to the hearer by embodying them, as it were, in the form of one language or another. Semantics as one of the linguistic branches is concerns about that. This branch is important and it includes lexical meaning and contextual meaning as the discussion of this thesis.

The problems of this study are: (1) what are the lexical meanings of the economic terms used in economic columns of the Jakarta Post? and (2) what are the contextual meanings of the economic terms used in the economics columns of the Jakarta Post, mean this study aims to investigate semantic study, especially on lexical meaning and contextual meaning found in the Jakarta Post. The lexical meaning is to be interpreted as the meaning of lexemes depending on the meaning of sentences in which they occur. While, contextual meaning is the meaning of words according to the situations in which they are used. Different situations might give sentence different meanings.

The data were obtained from the Jakarta post published on 6th April 2009 until 22nd April 2009 containing 12 articles and 22 economic terms. To analyze the data, this study uses a semantic approach of John Lyons. To comprehend each term analyzed at Economic terms of the Jakarta Post, this study merely uses two kinds of meanings namely lexical meaning and contextual meaning. It used descriptive qualitative method to describe each sentence or each term.

After conducting the study, this study found: 19 terms belong to one-word terms and 3 terms belong to two-word terms. Moreover, it was found that there are 13 economic terms which have different meaning and 9 economic terms which have the same meaning. From this study, it can be concluded that most of the contextual meanings have different Meaning from lexical meanings. Finally, the writer hopes that this study could give contribution for other researchers who are eager to know more about semantics.

Conclusions. Based on the result of the study in chapter IV, and after analyzing all sentences as the examples, the writer concludes that:
1. There are many English words which are used as economic terms, such as leverage, demanded, auction, slump, mortgage, and so on.
2. After the writer analyzed the use of some economic terms in the sentences, she finds out the key of understanding the economic terms.
The meaning of some economic terms are quiet different from the lexical meaning. She also concludes that most of the meanings of economic terms are based on the context of the sentences.

For example:
Bonds
Lexically, the word “bonds” means a force or feeling that joins together people or groups.
For example: Indonesia has good bonds with every countries in the world.
Contextually, based in economy the word “bonds” means some written promise to pay to bond holder, debts and are issued for a period of more than one year. A bond is an interest-bearing security issued by governments, companies and some other organizations. Bonds are an alternative way for the issuer to raise capital to selling shares or taking out a bank loan. Like shares in listed companies, once they have been issued bonds may be traded on the open
market. A bond’s yield is the interest rate (or coupon) paid on the bond divided by the bond’s market price. Bonds are regarded as a lower risk investment. Government bonds, in particular, are highly unlikely to miss their promised payment. Corporate bonds issued promised payments. Corporate bonds issued by blue-chip “investment grade” companies are also unlikely to default; this might not be the case with high-yield “junk” bonds issued by firms with less healthy financials.
For example: Finance Minister Kaoru Yosano said the government will sell more than 10 trillion yen in bonds to pay for the spending, adding to a debt burden that is already the largest in the industrialized world.

Leverage
Lexically, the meaning of leverage is the relationship between the amount of money that a company owes and the value of its shares. Contextually, based in economy the word leverage is the use of debt financing, or property of rising or falling at a proportionally greater amount than comparable investment. For example an option is said to have high leverage compared to the underlying stock because a given price change in the stock may result in a greater increase or decrease in the value of the option. Also, commonly known as Gearing in Europe.
From the explanation above the lexical meaning and contextual meaning are different.

Suggestion. Through the study of this thesis, the writer would like to state that this thesis is not supposed to be the last study on the economic terms. It should be realized that languages always develop as long as the society who uses these languages develop them as well.

There are still many more economic terms that are not discussed in this thesis. It is quite possible that there will be more new words created to refer to new invented terms. Therefore, the writer suggests to the linguistic students of Maulana Malik Ibrahim State Islamic University of Malang to investigate the meanings of those terms from linguistic points of view. It will be very useful for them to enrich the vocabulary. By this study, it develops their knowledge not only in linguistics but also in sciences like medical science which has more than one term.

Finally, the writer’s suggestion in her thesis is not proposed only for the writer herself but also for all students and other readers who will conduct their thesis. She suggests that the other writers can complete this thesis by conducting a similar study on different topics.

writer and researcher: Nikmatillah, Luluk
years of research: 2009
native title:
A Semantic Analysis on Economic Terms Used in Economic Columns of the Jakarta Post