Problems of Georgian Financial Terminology
Abstract
Language is a dynamic system that directly reflects societal change. This is particularly evident in specialized terminology, where new concepts continuously emerge against the backdrop of globalization and technological advancement. Georgian financial terminology deserves special attention in this regard: the transition from the Soviet planned economy to a market system, followed by integration with the Western world, left a profound mark on the terminological landscape. It therefore seemed worthwhile to examine both the influence of foreign languages on specialized terminology and the negative processes that occur independently of such influence.
The present paper investigates the key problems of contemporary Georgian financial terminology. The research demonstrates that the field today faces serious challenges of terminological inconsistency, lack of standardization, and uncoordinated practice: multiple parallel forms are frequently found for the same concept; established transliteration norms are often disregarded; the morphological rules of the Georgian language are sometimes ignored; and foreign terms are borrowed even in cases where a Georgian equivalent would be perfectly adequate.
The study employs the parallel corpus platform and modern terminological tool SynchroTerm, which enables the automatic extraction of terms from a bilingual corpus. The findings confirm the urgent need for systematic and coordinated terminological work in Georgia.