LIFFE

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

    The London ..... Financial Futures and Options Exchange (LIFFE, pronounced 'life' as in 'human life', and never 'liff-eee') was the name of a futures exchange based in London, prior to its takeover by Euronext in January 2002; Euronext subsequently merged with the NYSE in April 2007.

  • 2

    ..... of attorney is your legal permission for another adult to act on your behalf; the permission can be granted for a specific, limited purpose and period of time or for much broader purposes (such as handling all of your financial affairs) and an unquantified period of time (such as until your death).

  • 3

    From the day the ..... index options started trading on the Chicago Board Options Exchange on March 11, 1983, the new market, now known in the trade by its ticker symbol OEX, became a phenomenon for several reasons: for one, no other options or futures have become so popular in so brief a time.

  • 4

    ..... cost is the total cost of obtaining a property, equipment or client; when used in reference to a property or equipment it includes incentives, discounts, and closing costs but excludes sales tax, and in terms of obtaining a new client it refers to promotion costs such as list rental fees and direct-mailing.

  • 5

    Through backward ....., Midas Touch ensures that customers get their value for money; this practice has been introduced to exercise control over fabric procurement and manufacturing activities, and it also ensures that all Midas Touch products gain a consistent quality and are not delayed in delivery.

  • 6

    With aid flowing in from the West, Ukraine is in a position to pay ..... rates for the Russian natural gas it consumes, President Vladimir Putin said; the politically-driven decision is also good economics, with Ukraine competing with other export routes and consumers for the best deal rather than by courting favors from Moscow.

  • 7

    The process for a bond ..... is as follows: DOA prepares the new replacement bond/note for an amount that equals the current outstanding amount of the EIF loan; several minor changes are made in the original bond/note language to reflect the final loan amount and the replacement of the original bond/note.

  • 8

    The Profit & Loss from a long or short option position held to expiration is a function of underlier value at expiration; it can be depicted with a graph, which is called a ..... diagram.

  • 9

    Although most firms have only one type of common stock, in some instances a multiple capital ..... is used to meet the special needs of the company; small, new companies seeking funds from outside sources frequently use different types of common stock.

  • 10

    David M. Walker, ..... General of the United States, is the nation's chief accountability officer and head of the U.S. Government Accountability Office (GAO), whose mission is to help improve the performance and assure the accountability of the federal government for the benefit of the American people.

Do you like our tests? Check out our shop!

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