English Language Tests-Intermediate level's archive
Business Buzzwords: At the Bombay Stock Exchange
1. The Bombay Stock Exchange has shifted certain stocks
to the trade-for-trade segment, where you pay Rs 25,000
to take delivery of the shares you bought and the quantity
you have sold will be presented for delivery: the reason for
the shift is that the exchange wants to curb trading.
circular
reciprocal
yo-yo
zero sum
2. The Effect hypothesis states that the economic
crisis that affected several South American countries in
1995 was caused by an exogenous capital flight triggered
by the loss of confidence of foreign investors after the
collapse of the Mexican peso in December 1994.
Lambada
Tequila
Tortilla
Zedillo
3. The Presidential Election Theory (PECT) of stock
prices suggests that stocks decline soon after a president
is elected when harsh and unpopular measures are
necessary to bring inflation, government spending and
deficits under control for the long-term health of the
economy.
Consequence
Control
Corollary
Cycle
4. Make certain you have, or if you are an entrepreneur,
make certain your existing syndicate has, dry to see
you through hard times; this means putting no more than
25-30% of your total allocation up front, and make certain
you have reserves to meet pro rata needs.
flour
powder
socks
vermouth
5. Deep-Format, who by smell could only be a Microsoft
insider, is leaking about Microsoft's botch job on the Ecma
spec; this kind of could only be from a disgruntled
employee on the Office or XML dev team.
blob
boob
plop
poop
6. The multitude of mergers and acquisitions has raised
issues that need to be considered before the prospect of
an acquisition arises; one is the application of the golden
rules of Sec. 280G, regarding severance payments
to be made to a corporation's top employees and directors
on a change in control.
arches
booty
life jacket
parachute
7. William McCormick, chairman and chief executive of
CMS Energy Corp, said the company's use of ' ' —
trades where the same amount of electricity is exchanged
at the same price between two players — was apparently
aimed at making CMS look more powerful in wholesale
power markets than it actually was.
cross-wiring
double-dealing
round-tripping
shadow-boxing
8. Asset size explains in part why funds become index
: DeGroot thinks most funds need no more than 50
stocks to be well diversified, after which they begin
behaving increasingly like an index fund.
huggers
matchers
stalkers
trackers
9. Examples of leaders are the executives of Enron,
who stowed away millions of dollars until they were finally
caught.
honeybee
leprechaun
squirrel
stevedore
10. Ten or more years ago was all the rage, spurred
by the theories of David Foote; among the many things we
were told by its various advocates was that aging baby
boomers would invest lots of disposable income in the
markets, driving them to dizzy heights.
Babyshares
Babybaiting
Boomeranging
Boomernomics