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Business English Exercises
 

Pending Benefits

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 412
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pending benefits answer 1
An ex-all security sale is a case in which the seller reserves to himself the rights to all of its pending benefits.

Correct answer: (b) An ex-all

Meaning of business term An ex-all
sentence with Google language tool
 
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pending benefits, question 1 pending benefits, venture capital words ex-all, mutual, trust fund, little, what does an ex-all mean?

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pending benefits answer 2
In a mutual insurance company, policyholders who buy a 'participating' product, e.g. whole life insurance, gain entitlement to vote for the board of directors as well as share in declared annual dividends.

Correct answer: (b) mutual

Meaning of business term mutual
sentence with Google language tool
 
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pending benefits, question 2 list of bonds words american, costing, open market, london, what does mutual mean?

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pending benefits answer 3
The fundamental concept of a trust fund sets a separate legal entity to control financial assets for the benefit of the beneficiary; the individual establishing it is called the grantor.

Correct answer: (d) trust fund

Meaning of business term trust fund
sentence with Google language tool
 
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pending benefits, question 3 lending credit vocab pool, compliant, novelty, paramount, what does trust fund mean?

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pending benefits answer 4
Across the street from the NYSE is the Consolidated Stock and Petroleum Exchange of New York, fondly known as the "little board", but disrespectfully referred to by residents as the "morgue".

Correct answer: (a) little

Meaning of business term little
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pending benefits, question 4 mergers acquisitions words light, catch, breach, layering, replica, what does little mean?

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pending benefits answer 5
Arbitrage houses scout out inefficiencies in the market and mis-priced securities, and then they make trades which produce risk-free profits.

Correct answer: (c) Arbitrage

Meaning of business term Arbitrage
sentence with Google language tool
 
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pending benefits, question 5 mutual funds terms bartered, far-reaching, onus, malicious, harsh, what does arbitrage mean?

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pending benefits answer 6
A contract holdback is a provision found in most common law contracts requiring the person hiring the general contractor to retain a certain percent of the payment for a specified period in order to ensure that the subcontractors are paid.

Correct answer: (a) holdback

Meaning of business term holdback
sentence with Google language tool
 
online dictionary

pending benefits, question 6 pending benefits, real estate words littered, out, ramifications, liquidity, troughs, what does holdback mean?

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pending benefits answer 7
After the preliminary prospectus is filed with the SEC, the company may begin to sell the securities, but during the waiting period, they may make offers only (a) with a summary prospectus adhering to the disclosure requirements, (b) orally, or (c) using a tombstone advertisement.

Correct answer: (d) waiting

Meaning of business term waiting
sentence with Google language tool
 
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pending benefits, question 7 taxes terms dispel, ward, confiscate, by, robust, what does waiting mean? what is the definition for waiting?

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pending benefits answer 8
A listed option is a standardized option contract with terms determined by an exchange and having its trade cleared through a clearing house.

Correct answer: (b) listed

Meaning of business term listed
sentence with Google language tool
 
online dictionary

pending benefits, question 8 retirement words borrowed, restricted, classified, offering, what does listed mean?

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pending benefits answer 9
A married couple can submit their income tax returns in only 2 ways: (1) as married filing jointly, in which case all their income and deductions are lumped, or (2) as married filing separately, in which case they each account for these items individually.

Correct answer: (b) jointly

Meaning of business term jointly
sentence with Google language tool
 
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pending benefits, question 9 terms of stock in, imbalance, information, balloon, what does jointly mean? what is the definition for jointly?

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pending benefits answer 10
Fiduciaries may retain without liability for loss any investments authorized when received or made, even though they no longer qualify as such, if they exercise due care in the retention or disposition of these nonlegal investments.

Correct answer: (c) nonlegal

Meaning of business term nonlegal
sentence with Google language tool
 
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pending benefits, question 10 taxes terms prime, consumption, secured, tear, direct, what does nonlegal mean?

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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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EFL/ESL Links: Wall Street Plunge • Business vocabulary ex, diligence, firm, capital, pass • Wall Street Plunge (Answers) • Retirement words borrowed, restricted, classified, offering • The Cayman Islands • Terms of economy shores, annuity, own, gleaned, teeth • The Cayman Islands (Answers) • Taxes terms dispel, ward, confiscate, by, robust • Cash Flow • Dividends words siren, hoarding, fall, precipitated, play • Cash Flow (Answers) • Real estate words littered, out, ramifications, liquidity, troughs • Data Thievery • Brokerages term quagmire, lax, stick, aback, outcry • Data Thievery (Answers) • Mutual funds terms bartered, far-reaching, onus, malicious, harsh • Rogue Traders • Ipos terminology end-to-end, plimsoll, disparate, manipulation, zealous • Rogue Traders (Answers) • Mergers acquisitions words light, catch, breach, layering, replica • Islamic Financial Staff • Law estate terms outstripping, gazumping, bottleneck, balmier • Islamic Financial Staff (Answers) • Lending credit vocab pool, compliant, novelty, paramount • Foreign Shares • Currency vocab balanced, irredeemable, actuarial, digits, merchant • Foreign Shares (Answers) • List of bonds words american, costing, open market, london • ESL test: Pending Benefits • Investor relations terms nonlegal, jointly, listed, waiting • ESL Audio Online - English MP3 - English Pronunciation
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