Business English Lesson – Advanced Level''''s archiveBusiness Buzzwords: Credit-derivative pps

Business English Lesson – Advanced Level's archive Business Buzzwords: Credit-derivative Trades 1.. Fourteen high profile Wall Street investment banks, including a former Federal Reserv

Business English Lesson – Advanced Level's archive

Business Buzzwords: Credit-derivative Trades

1 Fourteen high profile Wall Street investment banks,

including a former Federal Reserve regional board

member, have gathered in New York to tackle the growing

monster of unmatched credit-derivative trades, so Wall

Street might ultimately fix this derivatives before it

explodes

dirty-bomb

roadside-bomb

smart-bomb

time-bomb

2 The phrase ' crime' was coined in 1939 during a

speech given by Edwin Sutherland to the American

Sociological Society Sutherland defined the term as

"crime committed by a person of respectability and high

social status in the course of his occupation."

flea-collar

high-collar

square-collar

white-collar

3 Why would people want to own General Motors or Ford,

just because those stocks are down a lot, when they could

own best-of- Toyota, which is taking share and

making big profits? — I know they are drawn by the low

dollar amount of the American carmakers, but Toyota is

the cheapest and the best, a rare find

all

breed

class

line

4 Deal for Kuwait Parazylene: 18 banks have

signed up to the $1.4 billion financing for Kuwait

Parazylene Production Company (KPPC)

Ally

Club

Party

Venture

5 Considering the few extra percentage points of return

that most index funds may give you, you're better off

sticking with a conventional index fund; that's where you'll

find lower risk and expenses, plus minimal tax liabilities

amplified

augmented

embellished

enhanced

6 The company recorded a provision for risk of (34.7)

million euros, mainly generated by the discontinuation of

production at the Bernin site and focus of the optical

business on foundry services, the resulting from

acquisitions, a litigation with one customer and employee

severance costs

badwill

losses

publicity

setbacks

7 Partially as a result of the back-of-the- business

model approach, many eConsultants had not considered

the situation thoroughly and lacked one of the most

fundamental ideas behind any new company — a better

mousetrap

cuff

envelope

hand

napkin

8 We have analyzed connected transactions between

Chinese publicly listed firms and their state-owned

enterprise (SOEs) shareholders and shown how resources

are from minority shareholders of the firm to the

state

shuffled

sidled

trundled

tunneled

9 The bear call can be seen as writing a call with

protection against an unexpected rise in the market; in this

instance, the trader may write a call around the money,

and take a call out-of-the-money, which effectively

provides a ceiling to the potential loss if the market should

rise

counter

cover

hedge

spread

10 In a Mortgage Dollar Roll transaction, the investor sells

the securities that he was to receive from the dealer in the

front month for one price and buys the same securities

from the dealer at a lower price for settlement in the next

month: the difference between the two prices is known as

the

bomb

drop

fake

split