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Business English Exercises
 

Suffrage

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Home > Teaching Business English > Business English Lessons, Advanced Level # 381
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suffrage answer 1
Voting stock is stock that allows for the right of suffrage with respect to the firm's affairs.

Correct answer: (d) Voting

Meaning of business term Voting
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suffrage answer 2
One approach to accounting for depreciation is to use one of the accelerated methods (including the Sum of the Year's Digits and the Declining Balance), which are more conservative and, in most cases, accurate, assuming as they do that an asset loses a majority of its value in the first several years of use.

Correct answer: (a) accelerated

Meaning of business term accelerated
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suffrage answer 3
Municipal bond insurance protects investors in two ways: occasionally, cities or states that issue debt securities get into financial difficulty and may not be able to pay interest and principal on their debt as scheduled, or rating agencies may lower the ratings on an issuer's securities, causing the market value of its securities to decline.

Correct answer: (c) insurance

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suffrage answer 4
Washington, D.C., Sept. 27, 2007 — The Securities and Exchange Commission today charged the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud in connection with improper earnings management beginning as early as 1998 and lasting into 2002.

Correct answer: (d) Mortgage

Meaning of business term Mortgage
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suffrage answer 5
Using Level II quotes, an average investor can make a very informed decision as to whether to buy or sell based on this sometimes extensive information about who is willing to purchase or unload a particular stock and for how much.

Correct answer: (a) Level

Meaning of business term Level
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suffrage answer 6
Private Mortgage Insurance (PMI) is extra insurance that lenders require from most home buyers who obtain loans of more than 80% of their new home's value; it protects a lender against loss if a borrower defaults and enables borrowers with less cash to have greater access to home ownership.

Correct answer: (b) Private

Meaning of business term Private
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suffrage answer 7
Financier is a term for a person who handles large sums of money, usually involving money lending, financing projects, large-scale investing, or large-scale money management; the term has upscale and haughty connotations, and the stereotype portrayed by the term is typically of a wealthy and powerful person.

Correct answer: (b) Financier

Meaning of business term Financier
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suffrage answer 8
The margin maintenance rules require that the investor's equity (the current value of his stock less the value of the margin loan) stay at a certain level; if the maintenance rules require that it remain at 50 percent, and then the stock value falls below 50 percent, the investor would receive a 'margin call' from the brokerage firm.

Correct answer: (a) equity

Meaning of business term equity
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suffrage answer 9
The balance of payments is an accounting of a country's international transactions over a certain time period; it shows the sum of the transactions (purely financial ones, as well as those involving goods or services) between individuals, businesses, and government agencies in that country and those in the rest of the world.

Correct answer: (c) payments

Meaning of business term payments
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suffrage answer 10
If you are receiving or making payments for a loan or installment sale, but little or no interest is stated on the contract, the Internal Revenue Service assumes a rate of interest based on the published applicable federal rate.

Correct answer: (b) applicable

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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.
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