Business Buzzwords from New England to Michigan

Please choose the most appropriate answer for each sentence.
  • 1

    The tendency of stocks newly added to the S&P composite index to rise in price due to a large number of buy orders as funds add the stock to their portfolios is called the S&P ......

  • 2

    As demand for metals lurched lower and layoffs swelled, the once pulsing industrial belt that stretches from Illinois across to western New England took on the grim, ground-down demeanor of a half-century earlier, acquiring the glumly descriptive epithet of ..... Bowl.

  • 3

    Once a firm's stock becomes substantially ....., managers who wish to eliminate this are faced with disappointing the capital markets.

  • 4

    An angel investor's ..... money is sometimes the only way a business can get off the ground; this type of financing can create growth that would be impossible through traditional financing channels.

  • 5

    IT managers often must promise a higher rate of return to justify technology investments than other corporate departments; in some organizations, the ..... rate for a project to pass the funding threshold may exceed 30% to 50%.

  • 6

    Fannie Mae's 15-year mortgage-backed securities and Bilbo Baggins's friends are called ......

  • 7

    The settlement price for a weather futures contract is calculated by summing ..... Degree Day values for a month and multiplying that sum by $20.

  • 8

    An ..... stock is one whose price suddenly plunges; the fall is usually caused by panicked shareholders rushing to sell after hearing unexpected bad news.

  • 9

    The ..... defense is used in a hostile takeover situation: the target firm turns around and tries to take over the company that has made the hostile bid.

  • 10

    I can imagine why that Ford manager in Michigan recently announced that they would eat their own ..... food (only Ford- or subsidiary-built vehicles are allowed to park on the plant premises); it must be discouraging to see the place swarmed every day by Daihatsus, Suzukis and Toyotas.

Do you like our tests? Check out our shop!

We have ESL, TOEIC, TOEFL test compilations and much more!