English Language Tests-Intermediate level's archive
Odd-lot Orders
1. Where a person gives, either for his own account or for
various accounts in which he has an actual monetary
interest, buy or sell odd-lot orders which aggregate 100
shares or more, such orders shall, as far as possible, be
consolidated into lot units.
common
full
job
whole
2. A move occurs when a commodity opens up or
down its maximum allowed move and does not trade
again until the next session; the resulting bar or
candlestick would simply be a small dash.
edge
limit
margin
wall
3. The upsurge in investment was driven by a
general improvement in the local business environment
and transnational corporations' plan to invest on the
mainland in anticipation of emerging business
opportunities following China's accession to the WTO.
flows
issues
streams
tides
4. Simply put, market funds aim to deliver above-
market returns with lower risk by hedging bullish stock
picks with an equivalent, but diversified, number of
bearish, or short, bets.
balanced
matched
neutral
offset
5. In forecasting models, is the process of removing
the effects of accumulating data sets from a trend to show
only the absolute changes in values and to allow potential
cyclical patterns to be identified; this is done using
regression and other statistical techniques.
antitrend
detrend
distrend
untrend
6. The SEC believes that if economics and sound
regulation dictate the establishment of an exclusive central
processor for the tape or any other element of the
national market system, provision must be made to insure
that this is not under the control or domination of any
particular market center.
combination
comparison
composite
compound
7. A marketable non property is a property without
an earning expectancy, but is of a type that is commonly
bought and sold, and has a value generated by its
expected use(s) and/or consumption.
consumptive
generation
investment
productive
8. A typical option (the bid/ask quotes on all the
current options for a stock) can easily have 100 or 150
options; leaving aside the fact that each option is quoted
on three or four exchanges, for any two-option strategy
you choose, there will be 10,000 to 20,000 possible
combinations of choices.
chain
pool
set
suite
9. We're looking for tangible assets that could be
liquidated at a price that would justify the market value of
the entire company: examples of these ' assets'
would be oil and gas leases that are not yet generating
cash, or real estate purchased in the 1950s and still listed
at cost basis on the balance sheet.
covert
hidden
secret
unlisted
10. After you pay the remittance amount and handling
charge at the post office, a postal money order is delivered
to the address; the latter can then cash this money
order at a local post office.
client's
lendee's
payee's
purchaser's