Business English Lesson – Advanced Level's archive Merit Raises 1. The University of Washington has agreed to shell out $17.45 million in pay to faculty members who did not receive a merit raise four years ago. back hind past rear 2. On January, 1, 2002, Matlock, Inc. issued its 10 percent bonds in the face amount of $1,500,000, maturing on January 1, 2012.; the bonds were issued for $1,329,000 to yield 12 percent, resulting in a bond of $171,000. discount markdown reduction rollback 3. Essentially, bonds represent a normal bond, but with an embedded option that is implicitly sold to the issuer by the investor and entitles the issuer to retire the bonds after a certain point in time; this option introduces uncertainty to the lifespan of the bond. callable cashable reclaimable retrievable 4. Deutsche Bank takes based on Credit Risk Management's assessment when it determines that the loans are uncollectible, considering information such as the occurrence of significant changes in the borrower's financial position or the insufficiency of the proceeds from collateral to pay the loan. charge-offs mark-offs set-offs trade-offs 5. The Royal Bank of Scotland has led the landmark 125 million sterling index bond issue for Tescol; RBS Financial Markets was the sole bookrunner for the Tesco deal, which mirrors closely the maturity and interest rate payments of the Treasury 2.5% 2016 gilt. bound linked secured tagged 6. The TFCS provides on-line access to the FRCS, enabling payments to mortgagees to be made to financial institutions that have access to the FRCS; the payment can also be made to financial institutions that do not have access to the FRCS through financial institutions or Federal Banks. affiliated correspondent equivalent intermediary 7. earnings tax is an additional tax on earnings that a business holds in an attempt to avoid the higher income taxes the owners would be subject to if the earnings were paid out to them as dividends. Accumulated Acquired Recognized Retained 8. The Senate Finance Committee Chairman, Charles Grassley, who is a Republican Senator from Iowa, said that they are passing the huge increase in the national debt limit because "It is necessary to preserve the faith and credit of the federal government". free full real true 9. A significant difference between silver and gold is that silver has underperformed relative to gold so far this year; the silver chart looks 'uglier' than the gold chart right now, and with a series of lower highs and a trendline break, the risk is as obvious as the Marquis de Sade's nose. downright downside outright outside 10. If you are trying to decide whether to buy a corporate bond paying an annual coupon interest of 8% or a municipal bond paying an annual coupon interest of 5%, how do you decide? — you must calculate an equivalent taxable gain payout return yield . Business English Lesson – Advanced Level's archive Merit Raises 1. The University of Washington has agreed to shell out. correspondent equivalent intermediary 7. earnings tax is an additional tax on earnings that a business holds in an attempt to avoid the higher income taxes the owners would be subject to if