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README.md
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---
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license: cc-by-nc-sa-4.0
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---
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license: cc-by-nc-sa-4.0
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task_categories:
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- text-classification
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language:
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- en
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tags:
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- finance
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size_categories:
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- 10K<n<100K
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---
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# FinRAD: Financial Readability Assessment Dataset - 13,000+ Definitions of Financial Terms for Measuring Readability
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This repository contains the dataset mentioned in the paper: **FinRAD: Financial Readability Assessment Dataset - 13,000+ Definitions of Financial Terms for Measuring Readability** (presented at The Financial Narrative Processing Workshop colocated with LREC-2022, Marseille, France).
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In addition to this, [data collection & cleaning scripts](https://github.com/sohomghosh/FinRAD_Financial_Readability_Assessment_Dataset/tree/main/data_collection_cleaning_EDA_scripts), [embedding extraction & model development script](https://github.com/sohomghosh/FinRAD_Financial_Readability_Assessment_Dataset/blob/main/FinRAD_Sentence_FinBERTembedding_Extraction_Modeling_13K.ipynb), and a [starter example](https://github.com/sohomghosh/FinRAD_Financial_Readability_Assessment_Dataset/blob/main/FinRAD_starting_toy_example_on_data_sample_500.ipynb) are also present. You can dowloand the model along with the weights from [Hugging Face](https://huggingface.co/sohomghosh/finrad_model).
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The embeddings & labels of the full dataset are available in the [embeddings_and_labels](https://github.com/sohomghosh/FinRAD_Financial_Readability_Assessment_Dataset/tree/main/embeddings_and_labels) directory. Several model artifacts developed by training classiers like Logistic Regression, GBM, Random Forest on the entire dataset have been made available in the [models](https://github.com/sohomghosh/FinRAD_Financial_Readability_Assessment_Dataset/tree/main/models) directory.
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Github version: https://github.com/sohomghosh/FinRAD_Financial_Readability_Assessment_Dataset/
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Kaggle version: https://www.kaggle.com/datasets/sohomghosh/finrad-financial-readability-assessment-dataset
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## Metadata of FinRAD
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**Primary Columns:** <br>
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"terms": _This is the financial term_ <br>
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"definitions": _This is the definition corresponding to the financial term_ <br>
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"source": _This represents the source from which the term and the definition has been obtained._ <br>
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"assigned_readability": _This is the manually assigned readability. 0 means not readable, 1 means readable._<br>
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**Other Columns:** <br>
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"flesch_reading_ease", "flesch_kincaid_grade", "smog_index", "coleman_liau_index", "automated_readability_index", "dale_chall_readability_score", "linsear_write_formula", "gunning_fog"<br>
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_These are readability scores extracted using the [textstat](https://pypi.org/project/textstat/) library_
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**Metadata of source**<br>
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|Tag |Description |Assigned Readability|
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|-------------------|---------------------------------------------------------------------------------------------|--------------------|
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|prin |_Principles of Corporate Finance_ by Richard A. Brealey, Stewart C. Myers, Franklin Allen |0 |
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|zvi |_Investments_ by Zvi Bodie Alex Kane Alan J. Marcus |0 |
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|sam |_Economics Textbook_ by Paul Samuelson and William Nordhaus |1 |
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|opod |_Options, Futures, and Other Derivatives, Global Edition_ by John C. Hull |0 |
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|fmi |_Financial Markets and Institutions_ by Frederic S. Mishkin Stanley Eakins |0 |
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|ncert_keec111 |_NCERT Indian Economic Development Economics_ Class 11 |1 |
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|ncert_kest |_NCERT Statistics for Economics_ Class 12 |1 |
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|ncert |_NCERT Introduction to MacroEconomics_ Class 12 |1 |
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|ncert_class12_econ |_NCERT Introduction to MicroEconomics_ Class 12 |1 |
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|investopedia |_Investopedia_ Data Dictionary |1 |
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|economist |_The Economist_ terms dictionary |1 |
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|6_8_louis |_Glossary of Economics and Personal Finance Terms_ from Federal Reserve Bank of St. Louis |1 |
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|9_12_louis |_Glossary of Economics and Personal Finance Terms_ from Federal Reserve Bank of St. Louis |1 |
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|pre_louis |_Glossary of Economics and Personal Finance Terms_ from Federal Reserve Bank of St. Louis |1 |
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|palgrave |_The Palgrave Macmillan Dictionary of Finance, Investment and Banking_ by Erik Banks |0 |
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## Citing & Authors
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If you find this repository helpful, feel free to cite our forthcoming publication [FinRAD: Financial Readability Assessment Dataset - 13,000+ Definitions of Financial Terms for Measuring Readability](to be updated):
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```bibtex
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@InProceedings{ghosh-EtAl:2022:FNP,
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author = {Ghosh, Sohom and Sengupta, Shovon and Naskar, Sudip Kumar and Singh, Sunny Kumar},
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title = {FinRAD: Financial Readability Assessment Dataset - 13,000+ Definitions of Financial Terms for Measuring Readability},
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booktitle = {Proceedings of the The 4th Financial Narrative Processing Workshop @LREC2022},
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month = {June},
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year = {2022},
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address = {Marseille, France},
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publisher = {European Language Resources Association},
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pages = {1--9},
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url = {http://www.lrec-conf.org/proceedings/lrec2022/workshops/FNP/pdf/2022.fnp-1.1.pdf}
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}
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```
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and our demo/tool presented at [ICON 2021](http://icon2021.nits.ac.in/coloc_events.html). The artifacts of this demo are available in the [old_model_FinRead](https://github.com/sohomghosh/FinRAD_Financial_Readability_Assessment_Dataset/tree/main/old_model_FinRead) directory. <br>
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New model trained on 13K+ instances (using Logistic Regression): [HuggingFace Spaces link](https://huggingface.co/spaces/sohomghosh/FinRead) <br>
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Old model trained on 8K+ instances (using lightgbm classifier): [Google Colab link](https://colab.research.google.com/drive/18K_X_sONhA0SHIl96c-KUyhwlOFLtp1z?usp=sharing)
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```bibtex
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@inproceedings{ghosh-etal-2021-finread,
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title = "{F}in{R}ead: A Transfer Learning Based Tool to Assess Readability of Definitions of Financial Terms",
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author = "Ghosh, Sohom and
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Sengupta, Shovon and
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Naskar, Sudip and
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Singh, Sunny Kumar",
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booktitle = "Proceedings of the 18th International Conference on Natural Language Processing (ICON)",
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month = dec,
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year = "2021",
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address = "National Institute of Technology Silchar, Silchar, India",
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publisher = "NLP Association of India (NLPAI)",
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url = "https://aclanthology.org/2021.icon-main.81",
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pages = "658--659"
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}
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```
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Contact: sohom1ghosh@gmail.com
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For any part of this work for which the license is applicable, this work is licensed under the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 Internationallicense. See [LICENSE.CC-BY-NC-SA-4.0](https://github.com/sohomghosh/FinRAD_Financial_Readability_Assessment_Dataset/blob/main/LICENSE).
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---
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license: cc-by-nc-sa-4.0
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---
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