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Business English Exercises
 

Business Buzzwords: Currency Trading

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Home > Teaching Business English > Business English Lessons, Advanced Level # 233
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Banks and trading platforms are competing to get a bigger slice of the rapidly expanding business of anonymous currency trading, where investors buy and sell without revealing their identity to the market.

Correct answer: (a) anonymous

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The dot-com bubble ended when the NASDAQ Composite index peaked at 5,048, more than double its value a year earlier, and what followed was a bloodbath of layoffs and consolidation caused by 'dot bombs' — companies launched with great exuberance to grab as much Internet real estate as they could without mounting a successful revenue model.

Correct answer: (a) bubble

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501 Business English Exercises — Printable, photocopiable.
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The 1929 stock market crash itself, though large in its own right, was nothing compared to the ensuing graveyard market and devastating depression.

Correct answer: (d) graveyard

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General Motors Corp. Chief Executive G. Richard Wagoner would love to snare stylish Italian sports car maker Alfa Romeo from its floundering parent, Fiat Auto, in which GM has a 20% stake: "The Alfa brand is like a sleeping beauty," says one Fiat senior executive, "We can reactivate it with new models."

Correct answer: (b) beauty

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A Euroland corporate raised financing for a power station project, but the gas-fired plant was exposed to the risk of a rise in gas prices, and the power tariff was linked to the European inflation index; so ABN AMRO structured and traded a roller-coaster swap with the corporate, matching the profile of the corporate's loan.

Correct answer: (d) roller-coaster

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Georgia Pacific was especially frustrating to bondholders, as the $2.6 billion of post-junk rated issues were tendered, while the legacy investment-grade fallen angel bonds dropped by 12 points after double-A plus rated (buyer) Koch Industries said it would not guarantee the Georgia Pacific bonds.

Correct answer: (a) angel

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More than a hundred companies in America are seeking to redefine the bottom line — moving away from conventional corporate accounting, where the only consideration is profit, to one that also includes the social and environmental impact the company is having.

Correct answer: (a) bottom

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Financial News USA news distribution services will get your Virtual Road Show in front of potential investors, both retail and institutional: our press release enhancement services give you expanded coverage on the wires as well as the ability to target specific groups via our EmailWire and FaxWire services.

Correct answer: (c) Road

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No image better represents the United States stock markets than the ticker tape: the little one-inch-wide strip of paper is as synonymous with following the performance of stocks and their markets as it is with heroes' welcomes and parades.

Correct answer: (d) ticker tape

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If you're about to launch into the world of ecommerce, or want to boost an existing site's revenue in the coming months, this article is for you.

Correct answer: (b) ecommerce

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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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