Business English Lesson – Advanced Level''''s archiveUnderwritten by Lloyds pdf

Business English Lesson – Advanced Level's archive
Underwritten by Lloyds
1. The Apex Bond is targeted specifically for
employees with a criminal record and is underwritten by
Lloyds; this policy can only be taken out by employers on
behalf of a named employee within a specific post.

Fidelity
Honesty
Integrity
Loyalty
2. 'Descending ' describes a chart pattern where
each new high price for a security is lower than the former
high price; in other words, from the stock's high price, it
falls and then rises, but the price never reaches the stock's
previous high price.

crests
heads
peaks
tops
3. After unexpectedly strong demand, makers of
everything from laptops to cell phones are paying more for
key parts; this industry isn't likely to dampen the
tech recovery — overall, prices of computers continue to
decline, albeit at a slower pace than usual.

belch
cough
hiccup
sneeze

4. Entities with securities exercisable or convertible into
common shares have a capital structure and must
present basic and diluted earnings per share amounts,
according to the FASB.

complex
composite
compound
comprehensive
5. Generally, company is a company (corporation,
business trust, partnership, or limited liability company)
that issues securities and is primarily engaged in the
business of investing in securities; its performance will be
based on (but it won't be identical to) the performance of
the securities and other assets that the company owns.

a CPT
an incorporated
an investment
a PLC
6. CHICAGO (Dow Jones) — Chicago Board of Trade
corn futures settled down Tuesday in several nearby
months, plunging near midday as forecasts predicting rain
for the eastern U.S. Midwest this weekend pushed prices
sharply lower, analysts said.

bottom
flat
limit
margin

7. The need to understand and measure the determinants
of market maker bid/ask is crucial in evaluating the
merits of competing market structures and the fairness of
market maker rents.

scopes
sheets
spans
spreads
8. Mortgage are still near historical lows — you can
refinance into a 30-year mortgage for under 7% at the
moment.

fees
levies
liens
rates
9. A non-interest note is issued at a discount to its
face value and requires the maker to pay the face value of
the note at maturity; to the payee (lender) the note is a
note receivable and to the maker the note is a note
payable.

bearing
carrying
holding
yielding
10. account is a type of brokerage account that
allows you to trade puts and calls; to open this type of
account, your broker will require you to sign a statement

that you understand and acknowledge the risks associated
with derivative instruments.

A futures
A hedge
An option
A swaps