Business English Lesson – Advanced Level''''s archiveUnderwritten by Lloyds pdf

'Descending ...' describes a chart pattern where each new high price for a security is lower than the former high price; in other words, from the stock's high price, it falls and then ri

Business English Lesson – Advanced Level's archive

Underwritten by Lloyds

1 The Apex Bond is targeted specifically for

employees with a criminal record and is underwritten by

Lloyds; this policy can only be taken out by employers on

behalf of a named employee within a specific post

Fidelity

Honesty

Integrity

Loyalty

2 'Descending ' describes a chart pattern where

each new high price for a security is lower than the former

high price; in other words, from the stock's high price, it

falls and then rises, but the price never reaches the stock's

previous high price

crests

heads

peaks

tops

3 After unexpectedly strong demand, makers of

everything from laptops to cell phones are paying more for

key parts; this industry isn't likely to dampen the

tech recovery — overall, prices of computers continue to

decline, albeit at a slower pace than usual

belch

cough

hiccup

sneeze

4 Entities with securities exercisable or convertible into

common shares have a capital structure and must

present basic and diluted earnings per share amounts,

according to the FASB

complex

composite

compound

comprehensive

5 Generally, company is a company (corporation,

business trust, partnership, or limited liability company)

that issues securities and is primarily engaged in the

business of investing in securities; its performance will be

based on (but it won't be identical to) the performance of

the securities and other assets that the company owns

a CPT

an incorporated

an investment

a PLC

6 CHICAGO (Dow Jones) — Chicago Board of Trade

corn futures settled down Tuesday in several nearby

months, plunging near midday as forecasts predicting rain

for the eastern U.S Midwest this weekend pushed prices

sharply lower, analysts said

bottom

flat

limit

margin

7 The need to understand and measure the determinants

of market maker bid/ask is crucial in evaluating the

merits of competing market structures and the fairness of

market maker rents

scopes

sheets

spans

spreads

8 Mortgage are still near historical lows — you can

refinance into a 30-year mortgage for under 7% at the

moment

fees

levies

liens

rates

9 A non-interest- note is issued at a discount to its

face value and requires the maker to pay the face value of

the note at maturity; to the payee (lender) the note is a

note receivable and to the maker the note is a note

payable

bearing

carrying

holding

yielding

10 account is a type of brokerage account that

allows you to trade puts and calls; to open this type of

account, your broker will require you to sign a statement

that you understand and acknowledge the risks associated

with derivative instruments

A futures

A hedge

An option

A swaps