English Language Tests-Intermediate level's archive Business buzzwords: Listed for destruction 1.. The Minister of Finance pays the Royal Canadian Mint to produce and distribute all coi
Trang 1English Language Tests-Intermediate level's archive
Business buzzwords: Listed for destruction
1 With the approval of the SEC, the DTCC will be taking
the first steps of a multi-year initiative to eliminate
non-transferable certificates and help lower expenses for
holding such certificates in custody; once an issue is listed
for destruction, DTC said it would all activity on that
issue
cease
Trang 2chill
freeze
gel
2 stripping is a type of predatory lending brought on
by the housing boom: as housing prices and property
taxes skyrocket, many homeowners are forced into
default; the stripper, in one way or another, satisfies the
loan and usually takes the title
Equity
Mortgage
Trang 3Property
Wallet
3 The Minister of Finance pays the Royal Canadian Mint
to produce and distribute all coins; it costs the Mint about
12 cents to produce and distribute a dollar coin, which
generates for the government approximately 88 cents in
on each $1 coin sold to financial institutions at face
value
emoluments
numismatics
Trang 4remuneration
seigniorage
4 Reminiscent of the 'Asian ' triggered by Thailand
in 1997, which became a full-blown financial crisis, other
Asian stock indices reacted to the Thai news with sharp
falls on Tuesday: the Bombay Stock Exchange's Sensitive
Index dropped 2.5% and Indonesia's Jakarta Composite
Index lost 2.9%
contagion
domino
Trang 5epidemic
plague
5 Yoshiaki Murakami flouted convention once again by
launching a hostile takeover bid against Shoei Co., a
little-known electronics and real estate company; this
Knight, who heads his own M&A consulting firm, MAC
Corp., lambasted Shoei's managers for the company's
sluggish stock price
Black
Grey
Trang 6White
Yellow
6 These organizations may award capital for
especially promising projects that meet their guidelines:
this money can be used for initial investment in a project
or startup company, for proof-of-concept, market research
or initial product development
birth
egg
Trang 7growth
seed
7 For a company, being ' ' means that it is of high
enough quality to have the respect of the financial district;
although individuals are the ones who come to eventually
own companies, a company must first impress the
investment bankers and those on Wall Street to make it to
the market
marketable
stockable
Trang 8streetable
wallable
8 A is a situation in which two events or actions
have the effect of nullifying each other; in terms of
investment, this could be when the gains in a portfolio
equal the losses
deadend
stalemate
Trang 9tie
wash
9 companies build and sell or lease commercial
real-estate, software, or applications for wide-scale
commercial use; they are also referred to as
business-to-business (B2B) companies
Biz-con
Com-dev
Trang 10Con-biz
Dev-com
10 Joe invests in XYZ Corp because the stock is
undervalued; it doubles in price in two months, but Joe
holds on to the whole investment, hoping it will double
again in the next two months, instead of selling a portion
to realize a gain — Joe is a investor because he is
greedy for huge gains and allows his greed to supersede
his original investment strategy
bullish
Trang 11piggish
sheepish
swinish