Business English Lesson – Advanced Level''''s archiveAsset Ownership pot

Business English Lesson – Advanced Level's archive Asset Ownership 1.. receipt is issued by an approved depository to a clearing corporation on behalf of an investor evidencing ownershi

Business English Lesson – Advanced Level's archive

Asset Ownership

1 receipt is issued by an approved depository to a

clearing corporation on behalf of an investor evidencing

ownership of the underlying call, interest, stock or bond;

upon assignment, the depository agrees to deliver the

underlying property to the clearing corporation against the

aggregate assignment value

A credit

An escrow

A retainer

A trustee

2 Because accounts receivable is a use of your

company's cash, close attention should be paid to the

receivables; when you find that they are greater

than your sales terms, the first step in analyzing your

problem is to age your accounts receivable by multiples of

your terms

charged

current

days

debts

3 An income payment' under a guaranteed income bond

contract is treated as a full if it is the final benefit

under the contract

satisfaction

settlement

summation

surrender

4 To maintain their exposure to JGBs, investors should

arrange to enter a market open order onto the

Tokyo Stock Exchange for its morning session the

following business day; as we close positions against the

TSE's opening price, using such an order will ensure that

there is no loss of price exposure from this procedure

at

on

to

(none)

5 credit is defined as the maximum amount of all

loans an individual can have outstanding at one time,

beyond which a lender is unwilling to provide additional

loans

Crest

High

Peak

Top

6 The candlestick techniques we use today originated in

the style of technical used by the Japanese over

100 years before the West developed the bar and

point-and-figure analysis systems; in the 1700s, a Japanese

trader in futures discovered that the markets were strongly

influenced by the emotions of the traders

charting

logging

psyching

tracking

7 The venture division reaches a consensus on whether

to pursue the investment further; if the decision is to

continue, an investment is written, summarizing the

opportunity and the factors leading to the decision, and if a

majority of the subcommittee approves the investment, a

commitment is made to the partnership

memorandum

motion

proposal

prospectus

8 Even if your stock reaches or passes through the

price, your order may not execute if there are orders

ahead of yours at the same price: the orders in line ahead

of you must be filled first and there may not be enough

stock available to fill your order when its turn comes

cap

ceiling

limit

zone

9 An investor who buys -backed securities provides

loans to the homebuyer (or business) as a consequence

asset

debt

lender

mortgage

10 Non-resident are subject to U.S tax on U.S

sourced income only and are able to claim benefits of tax

treaties

aliens

citizens

foreigners

immigrants