Business English Lesson – Advanced Level''''s archivePortfolio Statistics potx

coefficient, which ranges in value between 1 and -1, is a very versatile pattern-matching technical indicator; it is a statistic that is used to measure goodness-to-fit, and we will be u

Business English Lesson – Advanced Level's archive

Portfolio Statistics

1 coefficient, which ranges in value between 1 and

-1, is a very versatile pattern-matching technical indicator;

it is a statistic that is used to measure goodness-to-fit, and

we will be using it to compare actual price data against

either specific chart patterns, or other price data

collaboration

collocation

correction

correlation

2 This rule kicks in when two substantially identical stocks

or securities are acquired; remember that the window is 61

days — 30 days before and 30 days after the sale at a

loss — so if you own a stock, buy the call and then within

30 days sell the stock at a loss, the loss will be disallowed

under the 30-day sale rule

back

fire

wash

yard

3 The minimum tax (or AMT) is an extra tax some

people have to pay on top of the regular income tax; the

original idea behind this tax was to prevent people with

very high incomes from using special tax benefits to pay

little or no tax

additive

alternative

appropriate

augmented

4 The NYSE's Automated Pricing and System,

which processes odd lot orders, does not forward orders

to the floor, but automatically executes the orders based

upon the prices of trades in round lots and forwards

inventory information to the appropriate specialists on the

floor, who use this information to manage their positions in

the market

Recording

Reporting

Rerouting

Retaining

5 Equity is annual sales divided by equity, a

measure of the ability to grow without additional capital

investment; companies with a high profit margin generally

have a low figure for this statistic

accumulation

return

sufficiency

turnover

6 During the Great Depression, many US banks

collapsed, with almost half of them failing through bank

runs, as banks rarely have enough cash available to cover

all of their deposits simultaneously; the Banking Act of

following shortly afterward made such enduring

structural changes as the establishment of the FDIC

1929

1930

1932

1933

7 The Central Registration is a computerized

system that includes the employment, qualification, and

disciplinary histories of more than 400,000 securities

professionals who deal with the public; consumers can get

CRD information about a sales representative by visiting

our Web site

Deposit

Deposition

Depository

Depot

8 The seven members of the Board of of the

Federal Reserve System are nominated by the President

and confirmed by the Senate, and a full term is fourteen

years

Commissioners

Directors

Governors

Regents

9 The success of bonds is hard to deny: in the short

span of 10 years, they have moved from a novel approach

as a replacement for high-level excess property coverage

to a growing trend in property protection from disaster

cap

cat

pro

prop

10 The bond, where the interest and principal

payments are adjusted by inflation, is a popular

investment tool; if held to maturity, it provides a certain

real rate of return (i.e the rate of nominal interest over

inflation), but its market value, nevertheless, still fluctuates

with the level of real interest rates in the intervening

period

index

series

surety

tracker