Business English Lesson – Advanced Level''''s archivePension Plan doc

The policyholder is paying more than the cost of pure protection during the early years of the policy — the excess of the premiums, above the cost of pure protection, is what builds up t

Business English Lesson – Advanced Level's archive

Pension Plan

1 A non- plan is a defined benefit pension plan that

is not guaranteed

backed

insured

secured

warrantied

2 The policyholder is paying more than the cost of pure

protection during the early years of the policy — the

excess of the premiums, above the cost of pure protection,

is what builds up the savings of the policy

account

element

portion

segment

3 This of Title is being furnished to the City of Fort

Lauderdale for use by said party in the recording of a deed

(or easement) document to be executed by insert name

relating to the properties described herein and for no other

purpose

Affidavit

Opinion

Proof

Validation

4 Cash-settled index do not relate to a particular

number of shares; rather, the underlying instrument is

usually the value of the underlying index of stocks times a

multiplier, which is generally U.S $100

funds

futures

options

trackers

5 The purpose of the attached Stock form is to

transfer or change the ownership of stock; separate forms

are required for each stock certificate that has a different

format of the owner's name(s), a different CUSIP number,

or a different company name

Assignment

Conveyance

Power

Voucher

6 After six consecutive weeks in which the closing price

has been greater than the opening price, the trend on the

Nasdaq is up, and prices are at new 4 1/2-year highs; the

importance of trend cannot be overstated, and price

is how trends get started and how they are maintained

percolation

performance

perseverance

persistence

7 The general consensus is that research is a

naturalistic, interpretative approach concerned with

understanding the meanings which people attach to

actions, decisions, beliefs, values etc., and understanding

the mental mapping process that respondents use to

make sense of and interpret the world around them

fundamental

holistic

intuitive

qualitative

8 value is what it would cost to buy a particular item

from a retail vendor, considering its age and condition —

for instance, to buy a car from a used car dealer, furniture

from a used furniture shop, or electronic equipment on

eBay

Actual

Intrinsic

Purchase

Replacement

9 letter of credit is one in which the draft drawn

thereagainst is payable on presentation, while a time or

acceptance credit is one in which the draft is payable only

when the stipulated number of days after date of

acceptance has elapsed

An inked

An instant

A sight

A simple

10 Tax accounting is a recordkeeping technique

investors can use to track the cost of each security in a

portfolio by factoring in purchase and sale dates,

corporate action events and wash sales; it provides

investors with accurate tax reporting and helps them

improve the after-tax performance of their portfolios

base

factor

lot

return