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Business English Exercises
 

New Juggernaut

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Home > Teaching Business English > Business English Lessons, Advanced Level # 295
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CHICAGO, July 10, 2007 — Even before the Chicago Mercantile Exchange's $11.9 billion purchase of the crosstown ......... won final approval from shareholders, industry experts were speculating on possible acquisitions ahead for the new juggernaut of the financial exchange industry.


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The ......... market exists wherever one currency is traded for another; by far the largest financial market in the world, it includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions.


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501 Business English Exercises — Printable, photocopiable.
For use in a classroom, at home, on your PC or anywhere.

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Managers' power to influence bids can be strong if they act in concert, threatening a hostile bidder with a mass exodus (the '......... defense'); faced with a mass exodus of management, acquirers may be unwilling to proceed with the bid, because they often need existing management to train new management.


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STONE HARBOR- A referendum election for a bond ......... appropriating millions of dollars for various improvements in the borough overturned the proposal June 26: of the 819 registered voters, 497 turned out to vote.


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The Pension Benefit Guaranty ......... protects the retirement incomes of nearly 44 million American workers in 30,330 private-sector defined benefit pension plans; it was created by the Employee Retirement Income Security Act of 1974.


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A Section 457 ......... compensation plan for employees of state and federal governments and agencies is similar to a 401(k) plan, except there are never employer matching contributions and the IRS does not consider it a qualified retirement plan.


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The annual ......... statement is a yearly statement to borrowers that details the remaining principal and amounts paid for taxes and interest.


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In October 1931, the New York Stock Exchange de facto prohibited short sales at a price lower than the previous sale; that is, short sales could not be executed on ..........


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US ......... tax is deducted from our payroll in order to cover a portion of our retirement income when we reach age 65, but also as a survivor benefit, should we become disabled or die as a result of work — in which case the surviving spouse and children would receive a monthly income supplement.


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......... preferred stock contains a provision that allows the corporation to buy back and retire the preferred stock at a specified price, sometimes at a premium; the stockholders have no choice but to resell the stock to the corporation when it exercises this provision.


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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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