Business buzzwords: Taking delivery

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

    When used of deliveries on futures contracts, the term '..... hands' usually means that the receiving party will probably take delivery and retain ownership of the commodity; when speaking of futures positions, the term usually means positions held by trade interests or well-financed speculators.

  • 2

    ..... option is an option that has the ability to change its structure, should certain pre-determined terms of the contract be met: an example would be a put option that automatically changes into an identical call option after the price of the underlying exceeds a certain price.

  • 3

    Normally, a firm's earnings and dividends grow at some constant rate forever; one category of nonconstant growth stock is ..... growth stock, which has one or more years of growth above that of the economy as a whole, but at some point the growth rate will fall to the normal rate.

  • 4

    ..... securities are those held by an affiliate of the issuing company - a person, such as a director or large shareholder, who has the power to direct the management and policies of the company in question, whether through the ownership of voting securities, by contract, or otherwise.

  • 5

    In less than 40 years, the ..... economies together could be larger than the G6; by 2025 they could account for over half the size of the G6, though their growth may slow significantly toward the end of the period, with only India seeing growth rates significantly above 3% by 2050.

  • 6

    When Enron ..... the books, there were rightly no end of indignant columns and talk shows condemning these high-paid fraudsters who massaged the numbers to fit their agenda and bolster their bank accounts.

  • 7

    A prestigious ..... on the New York Stock Exchange is plummeting in value, and industry experts blame the decline on slower volume on the exchange, which shrinks fees, as well as thinner spreads between bid-and-ask prices for stocks traded.

  • 8

    ..... involves pooling and structuring predictable cash flows, derived from the transfer and sale of assets, to an entity that is 'bankruptcy remote'; among other benefits, this is an efficient source of off-balance-sheet financing.

  • 9

    This $1,000 compromise undermines the principle of campaign finance reform and is awkward to implement: it leads to a situation using dollars to chase ....., because significant staff resources are used to try to verify that corporate subsidiaries, for example, are not being used to violate the $1,000 rule.

  • 10

    The SEC alleged that George Motz, the President of MFA, engaged in fraudulent trade allocation or '.....': Motz allegedly unfairly allocated trades that had appreciated in value to MFA's proprietary trading account and allocated purchases that had depreciated in value to the accounts of his advisory clients.

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