Business English Lesson – Advanced Level''''s archiveBond Issues pot

Business English Lesson – Advanced Level's archive
Bond Issues
1. An issuer may choose to redeem a bond when
current interest rates drop below the interest rate on the
bond; that way the issuer can save money by paying off
the bond and issuing another bond at a lower interest rate.

callable
convertible
renewable
retractable
2. In the bond market, we refer to a bond yield,
which means that if a bond yields 6% on a semiannual
basis, its BEY is 12%: the semiannual yield is simply
doubled.

equity
equivalent
expansion
extension
3. Morgan Stanley Dean Witter & Company said yesterday
that it would use a new stock system beginning
March 18th: the firm's analysts will characterize stocks as
'overweight', 'equal-weight' or 'underweight', replacing the
old 'strong buy', 'outperform', 'neutral' and 'underperform'.

dubbing
rating
sussing
tagging
4. If you think your financial adviser or brokerage firm has

mismanaged your account or otherwise breached your
contractual relationship, you can contact the firm's
department, which is responsible for making sure the
company's business activities are in line with the law.

complaint
compliance
legal
logistics
5. You do not qualify for the head of household
status because you and your spouse have not lived apart
for the last 6 months of the taxable year and are not
considered unmarried.

filing
polling
ranking
taxing
6. Tax items are tax deductions which must be
computed in calculating the Alternative Minimum Tax
liability under federal tax laws; they include, for
corporations, deductions for accelerated depreciation,
investment tax credits, and increases in loan loss reserves
by banks and savings institutions.

preference
prescribed
referral
relevant
7. Now, Moneypore makes it as easy as clicking a mouse

button: with the Moneypore Desktop , you can keep
an eye on your stocks and how they're doing even while
you're checking mail, catching up on the news or any of
the other things you do online.

Downloader
Feed
RSS
Ticker
8. The TradeTrack Simulation Engine reviews the price-
action history of all US stocks, identifying past trading
signals and testing various trading strategies; the purpose
of testing is to illustrate what might happen if you
were to trade on a specific trading signal according to well-
defined trading strategies.

back
base
fore
front
9. The undersigned has read and understands the above-
mentioned document and agrees to abide by the
agreement in the capacity of ; in affixing his or her
signature below, s/he may also be held accountable for all
terms and conditions of the rental agreement/lease
described above.

a cosigner
a lessee
an underwriter

a third party
10. The Supreme Court has held that the allottees of flats
built by the State housing boards or development authority
are bound by the clause if the final revision results
in higher cost; a three-judge Bench held that the
authorities were entitled to collect the increased cost from
the allottees with interest.

elevation
escalation
expansion
extension