Business English Lesson – Advanced Level''''s archivePortfolio Statistics potx

Business English Lesson – Advanced Level's archive
Portfolio Statistics
1. coefficient, which ranges in value between 1 and
-1, is a very versatile pattern-matching technical indicator;
it is a statistic that is used to measure goodness-to-fit, and
we will be using it to compare actual price data against
either specific chart patterns, or other price data.

collaboration
collocation
correction
correlation
2. This rule kicks in when two substantially identical stocks
or securities are acquired; remember that the window is 61
days — 30 days before and 30 days after the sale at a
loss — so if you own a stock, buy the call and then within
30 days sell the stock at a loss, the loss will be disallowed
under the 30-day sale rule.

back
fire
wash
yard
3. The minimum tax (or AMT) is an extra tax some
people have to pay on top of the regular income tax; the
original idea behind this tax was to prevent people with
very high incomes from using special tax benefits to pay
little or no tax.

additive
alternative

appropriate
augmented
4. The NYSE's Automated Pricing and System,
which processes odd lot orders, does not forward orders
to the floor, but automatically executes the orders based
upon the prices of trades in round lots and forwards
inventory information to the appropriate specialists on the
floor, who use this information to manage their positions in
the market.

Recording
Reporting
Rerouting
Retaining
5. Equity is annual sales divided by equity, a
measure of the ability to grow without additional capital
investment; companies with a high profit margin generally
have a low figure for this statistic.

accumulation
return
sufficiency
turnover
6. During the Great Depression, many US banks
collapsed, with almost half of them failing through bank
runs, as banks rarely have enough cash available to cover
all of their deposits simultaneously; the Banking Act of
following shortly afterward made such enduring
structural changes as the establishment of the FDIC.

1929
1930
1932
1933
7. The Central Registration is a computerized
system that includes the employment, qualification, and
disciplinary histories of more than 400,000 securities
professionals who deal with the public; consumers can get
CRD information about a sales representative by visiting
our Web site.

Deposit
Deposition
Depository
Depot
8. The seven members of the Board of of the
Federal Reserve System are nominated by the President
and confirmed by the Senate, and a full term is fourteen
years.

Commissioners
Directors
Governors
Regents
9. The success of bonds is hard to deny: in the short
span of 10 years, they have moved from a novel approach
as a replacement for high-level excess property coverage
to a growing trend in property protection from disaster.

cap

cat
pro
prop
10. The bond, where the interest and principal
payments are adjusted by inflation, is a popular
investment tool; if held to maturity, it provides a certain
real rate of return (i.e. the rate of nominal interest over
inflation), but its market value, nevertheless, still fluctuates
with the level of real interest rates in the intervening
period.

index
series
surety
tracker