Business English Lesson – Advanced Level''''s archiveBusiness Buzzwords: Credit-derivative pps

Business English Lesson – Advanced Level's archive
Business Buzzwords: Credit-derivative Trades
1. Fourteen high profile Wall Street investment banks,
including a former Federal Reserve regional board
member, have gathered in New York to tackle the growing
monster of unmatched credit-derivative trades, so Wall
Street might ultimately fix this derivatives before it
explodes.

dirty-bomb
roadside-bomb
smart-bomb
time-bomb
2. The phrase ' crime' was coined in 1939 during a
speech given by Edwin Sutherland to the American
Sociological Society. Sutherland defined the term as
"crime committed by a person of respectability and high
social status in the course of his occupation."

flea-collar
high-collar
square-collar
white-collar
3. Why would people want to own General Motors or Ford,
just because those stocks are down a lot, when they could
own best-of Toyota, which is taking share and
making big profits? — I know they are drawn by the low
dollar amount of the American carmakers, but Toyota is
the cheapest and the best, a rare find.

all

breed
class
line
4. Deal for Kuwait Parazylene: 18 banks have
signed up to the $1.4 billion financing for Kuwait
Parazylene Production Company (KPPC).

Ally
Club
Party
Venture
5. Considering the few extra percentage points of return
that most index funds may give you, you're better off
sticking with a conventional index fund; that's where you'll
find lower risk and expenses, plus minimal tax liabilities.

amplified
augmented
embellished
enhanced
6. The company recorded a provision for risk of (34.7)
million euros, mainly generated by the discontinuation of
production at the Bernin site and focus of the optical
business on foundry services, the resulting from
acquisitions, a litigation with one customer and employee
severance costs.

badwill
losses
publicity

setbacks
7. Partially as a result of the back-of-the business
model approach, many eConsultants had not considered
the situation thoroughly and lacked one of the most
fundamental ideas behind any new company — a better
mousetrap.

cuff
envelope
hand
napkin
8. We have analyzed connected transactions between
Chinese publicly listed firms and their state-owned
enterprise (SOEs) shareholders and shown how resources
are from minority shareholders of the firm to the
state.

shuffled
sidled
trundled
tunneled
9. The bear call can be seen as writing a call with
protection against an unexpected rise in the market; in this
instance, the trader may write a call around the money,
and take a call out-of-the-money, which effectively
provides a ceiling to the potential loss if the market should
rise.

counter
cover

hedge
spread
10. In a Mortgage Dollar Roll transaction, the investor sells
the securities that he was to receive from the dealer in the
front month for one price and buys the same securities
from the dealer at a lower price for settlement in the next
month: the difference between the two prices is known as
the

bomb
drop
fake
split