Business buzzwords: Listed for destruction

Please choose the most appropriate answer for each sentence.
  • 1
    With the approval of the SEC, the DTCC will be taking the first steps of a multi-year initiative to eliminate non-transferable certificates and help lower expenses for holding such certificates in custody; once an issue is listed for destruction, DTC said it would ..... all activity on that issue.
  • 2
    ..... stripping is a type of predatory lending brought on by the housing boom: as housing prices and property taxes skyrocket, many homeowners are forced into default; the stripper, in one way or another, satisfies the loan and usually takes the title.
  • 3
    The Minister of Finance pays the Royal Canadian Mint to produce and distribute all coins; it costs the Mint about 12 cents to produce and distribute a dollar coin, which generates for the government approximately 88 cents in ..... on each $1 coin sold to financial institutions at face value.
  • 4
    Reminiscent of the 'Asian .....' triggered by Thailand in 1997, which became a full-blown financial crisis, other Asian stock indices reacted to the Thai news with sharp falls on Tuesday: the Bombay Stock Exchange's Sensitive Index dropped 2.5% and Indonesia's Jakarta Composite Index lost 2.9%.
  • 5
    Yoshiaki Murakami flouted convention once again by launching a hostile takeover bid against Shoei Co., a little-known electronics and real estate company; this ..... Knight, who heads his own M&A consulting firm, MAC Corp., lambasted Shoei's managers for the company's sluggish stock price.
  • 6
    These organizations may award ..... capital for especially promising projects that meet their guidelines: this money can be used for initial investment in a project or startup company, for proof-of-concept, market research or initial product development.
  • 7
    For a company, being '.....' means that it is of high enough quality to have the respect of the financial district; although individuals are the ones who come to eventually own companies, a company must first impress the investment bankers and those on Wall Street to make it to the market.
  • 8
    A ..... is a situation in which two events or actions have the effect of nullifying each other; in terms of investment, this could be when the gains in a portfolio equal the losses.
  • 9
    ..... companies build and sell or lease commercial real-estate, software, or applications for wide-scale commercial use; they are also referred to as business-to-business (B2B) companies.
  • 10
    Joe invests in XYZ Corp. because the stock is undervalued; it doubles in price in two months, but Joe holds on to the whole investment, hoping it will double again in the next two months, instead of selling a portion to realize a gain - Joe is a ..... investor because he is greedy for huge gains and allows his greed to supersede his original investment strategy.

Do you like our tests? Check out our shop!

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