English Language Tests-Intermediate level''''s archiveBusiness buzzwords: Last increment bidding potx

English Language Tests-Intermediate level's archive
Business buzzwords: Last increment bidding
1. The data clearly illustrate that some of the participants
in the PJM market are bidding their capacity at well above
production costs; the bids include prices approaching
1,000 $/MW, and they also show the so-called ' stick'
bidding of the last increment of capacity at a very high
price.

carrot
hockey
popsicle
swizzle
2. I tell my broker, "Buy Soybeans at 662.50," but then I
find out I was filled at 663.00, two ticks off my price: the
two ticks is called

luggage
overage
selvage
slippage
3. When the pot is , the underwriter has no more of
the issue to sell to interested investors; if there is still
interest in the issue and nothing left for an underwriter to
offer, it is probable that the issue was underpriced and
oversubscribed.

burnt
clean
dry
gone

4. A leader in sales & contact management since 1995
with over 1 million users worldwide, Sales Contact
Manager makes it easy to succeed by effectively
managing your time, customers, and sales.

Maximizer
Optimizer
Organizer
Qualitizer
5. The All Industry index may spark some interest, but the
most meaningful event will not come from the calendar but
rather from the completion of the G-20 meeting: if the
make any aggressive comments about yen
weakness, $/JPY may be in for more selling as the week
progresses.

FinMins
ForMins
LabMins
LanMins
6. Here, we emphasize the reaction of holders of preferred
stock to the call announcement, and examine their
decision to sell the convertible rather than convert it; this
effect explains the increase in trading volume and
also has important spillover effects into the market-making
activity in the underlying common stock.

clientele
cumulative
rebound

redound
7. Firms are throwing millions of dollars at university IP
portfolios without regard to what is actually in the portfolio
— are we seeing another investment strategy that
will take us to another nanotech bubble bursting because
they are ill-informed and believe nanotech is still so far off
for ROI that only IP is available?

copycat
daydream
deadend
lemming
8. A Pork is an arrangement on the floor of the
NYSE whereby clerks cover the booth of a floor broker
and accept orders, phone calls, and associated tasks; this
arrangement is beneficial to the floor brokers as it allows
them to handle business outside the floor while still taking
orders and maintaining trading requirements.

Barrel
Chop
Pie
Rind
9. Section 13(d) of the Securities Exchange Act of 1934
stipulates that once someone obtains five percent of a
firm's stock, that person has 10 days to file a disclosure
form; but during this period, the potential bidder can
continue to make open market purchases, so
purchases may be larger than 5% of a target firm.

knife edge
pintail
toehold
wedge end
10. RBC Dominion Securities is accused of trading
in shares of the firm's parent, Royal Bank of Canada; four
of its traders are accused of buying and selling $33 million
worth of shares at the same time — improperly taking both
sides of the trades — to cut risks they faced because of a
series of trading errors and misunderstandings.

back
flipside
offset
wash