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English Language Tests-Intermediate level's archive Business buzzwords: Listed for destruction 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. cease chill freeze gel 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. Equity Mortgage Property Wallet 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. emoluments numismatics remuneration seigniorage 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%. contagion domino epidemic plague 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. Black Grey White Yellow 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. birth egg growth seed 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. marketable stockable streetable wallable 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. deadend stalemate tie wash 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. Biz-con Com-dev Con-biz Dev-com 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. bullish . English Language Tests-Intermediate level's archive Business buzzwords: Listed for destruction 1. With the approval of the SEC, the DTCC. 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 money can be used for initial investment in a project or startup company, for proof-of-concept, market research or initial product development. birth egg growth seed 7. For a company, being