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Business English Exercises
 

Fire Insurance

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 318
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fire insurance answer 1
If insurance data suggests that a serious fire is likely to occur once in 25 years, then the annualized rate of occurrence is 1/25 = 0.04.

Correct answer: (a) annualized

Meaning of business term annualized
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fire insurance, question 1 fire insurance, small business and retail management, what does annualized mean?

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fire insurance answer 2
Here's something to consider for those of you who may be selling covered calls on stocks you already own: some folks are reluctant to sell covered calls on stocks because they are concerned about having the stock called away from them.

Correct answer: (a) away

Meaning of business term away
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fire insurance, question 2 business process management definition, what does away mean? what is the definition for away?

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fire insurance answer 3
Indicated yield is the dividend or coupon rate stated as a percentage of the security's present market price: for common stock, it is calculated by dividing its annual dividend by its market price, and for preferred stocks, the contractual dividend is divided by the market price.

Correct answer: (c) Indicated

Meaning of business term Indicated
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fire insurance, question 3 mba full time, what does indicated mean? what is the definition for indicated?

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fire insurance answer 4
Loans from a foreign parent to a Canadian subsidiary cannot fit within the exemption, so corporations have attempted to structure intercorporate debt in other ways, including 'back-to-back' loans, where cash is loaned from a foreign parent to an arm's length foreign company that then lends to the Canadian subsidiary.

Correct answer: (a) back-to-back

Meaning of business term back-to-back
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fire insurance, question 4 business english lessons with worksheets, what does back-to-back mean? what is the definition for back-to-back?

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fire insurance answer 5
The interest earned during the first year is found with the formula for simple interest; if the deposit earns compound interest, the interest earned in the second year is calculated from the total amount on deposit at the end of the first year.

Correct answer: (b) compound

Meaning of business term compound
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fire insurance, question 5 business english grammer worksheets, what does compound mean? what is the definition for compound?

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fire insurance answer 6
A company whose shares are traded on the so-called 'pink sheets' is commonly one that does not meet the minimal criteria for capitalization and number of shareholders that are required by the NASDAQ and OTC and most exchanges to be listed there.

Correct answer: (b) pink

Meaning of business term pink
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fire insurance, question 6 fire insurance, business risk management, what does pink mean? what is the definition for pink?

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fire insurance answer 7
When a dealer sells or leases a car, he always receives cash, whether it's directly from the customer, or from a finance company or bank who has loaned a customer the money.

Correct answer: (a) finance

Meaning of business term finance
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fire insurance, question 7 business english worksheets for primary, what does finance mean? what is the definition for finance?

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fire insurance answer 8
The odd lot differential of one eighth or one quarter of a point was one of the ways that the odd lot broker made money, but these days there are no odd lot brokers; small stock trades, whether for 50 shares or 100 shares, are handled by computers rather than by people.

Correct answer: (b) differential

Meaning of business term differential
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fire insurance, question 8 business information technology, what does differential mean? what is the definition for differential?

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fire insurance answer 9
Like the 401(k), the 12 b-1 fund is named after a section of a federal law — in this case, the Investment Company Act of 1940; the charge is for marketing and distributing the fund — in other words current investors foot the bill to win new investors.

Correct answer: (b) b

Meaning of business term b
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fire insurance, question 9 worksheets for business english trainer, what does b mean? what is the definition for b?

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fire insurance answer 10
The cost of debt capital which has already been issued is the rate of interest (the internal rate of return) which equates the current market price with the discounted future cash flow from the security.

Correct answer: (b) capital

Meaning of business term capital
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fire insurance, question 10 business english reading worksheet, what does capital mean? what is the definition for capital?

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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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