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Business English Exercises
 

Cutting Your Losses

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Home > Teaching Business English > Business English Lessons, Advanced Level # 274
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The most popular variation of the reverse convertible has a contingent downside protection built in: this means that as long as the stock does not fall by more than a certain amount, the investment is fully protected.

Correct answer: (b) downside

Meaning of "downside"
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Payback period is the length of time required to recover the cost of an investment, usually measured in years; other things being equal, the better investment is the one with the shorter period — it is considered less risky.

Correct answer: (c) Payback

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The credit balance in a margin account is known as a fictitious credit because it cannot be withdrawn by the customer, since it is held as collateral to secure the broker's loan of funds and securities to the customer; it is comprised of the proceeds from short sales and the margin requirement.

Correct answer: (c) fictitious

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This is the first rule in buying equity-linked notes: Peg it to a stock that you would like to own.

Correct answer: (b) equity

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The Hulbert rating is a rating by Hulbert Financial Digest of how well the recommendations of various market letters have performed.

Correct answer: (b) letters

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501 Business English Exercises — Printable, photocopiable.
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The SEC Full Disclosure Program ensures investors are provided material information to make informed decisions about a company — both when it initially offers stock to the public and on a regular basis as it continues to report information about its business operations.

Correct answer: (c) Disclosure

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The SEC's Division of Market Regulation stated that when market conditions are not 'normal', such that OTC Market Makers would not be required to display limit orders within 30 seconds of receipt, then "limit orders held at the opening must be displayed as soon as practicable under the circumstances."

Correct answer: (c) held

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The Form 1040, U.S. Individual Income Tax Return, is the starting form for personal (individual) Federal income tax returns filed with the Internal Revenue Service (IRS) in the United States; the first one was published for use for the tax years 1913, 1914, and 1915.

Correct answer: (a) 1040

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A like-kind exchange requires that you close in escrow through a qualified intermediary such as a title company; the title company holds the proceeds from the first closing in its escrow account until you're ready to close on the replacement property.

Correct answer: (b) like

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Investors in mortgage pools of single-family loans may have only limited information about the individual loans.

Correct answer: (c) pools

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 501 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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