Business English Lesson – Advanced Level's archive TRANs 1. The Tax Revenue Note (TRAN) is a tax-free bond that is issued on a one-year basis specifically for the purpose of improving cash flow to public entities heavily reliant on sporadic property tax distributions. Accumulation Accrual Advance Anticipation 2. As a way to attract orders from brokers, some exchanges or market-makers will pay your broker's firm for routing your order to them, perhaps a penny or more per share: this is called 'payment for order '. fetch flow shift shunt 3. A merger can harm competition by making it difficult for competitors to gain access to an important component product or to an important channel of distribution — this is called a 'bottleneck' problem. forward triangular horizontal reverse triangular vertical 4. A 19c3 stock is a stock that was listed on one of the national securities exchanges, such as the NYSE, after April 26, 1979, SEC rule 19c3, which forbids exchange members from participating in off-board trading. absolving it from admonishing it from including it in incorporating it in 5. interest is calculated on the original principal only; accumulated interest from prior periods is not used in calculations for the following periods, and this type of interest calculation is normally used for a single period of less than a year, such as 30 or 60 days. Basic Initial Simple Standard 6. The Fair Debt Collection Act (1977) is a federal law that outlines what information debt collectors can gather on you, and contains specific rules on how debt collectors can communicate with you; these rules are designed to protect you from abuse, harassment, false and misleading tricks and other illegal actions. Practices Procedures Tactics Techniques 7. Rule 405 is the NYSE codification of ' your customer' rules, which require that a customer's situation be suitable for any investment being made. advise check know match 8. Injury Protection covers the person named in the policy as the 'named insured', residents of the named insured's household related by blood, marriage or adoption, and passengers or pedestrians; these people will be eligible for medical insurance payments no matter who is at fault in the car accident. Panoramic Personal Private Public 9. The Special Right is an international reserve asset, created by the IMF in 1969 to supplement the existing official reserves of member countries; SDRs are allocated to member countries in proportion to their IMF quotas and serve as the units of account of the IMF and other international organizations. Depositing Drawing Tendering Trading 10. During the period of a fixed deferred annuity, your money, less any applicable charges, earns interest at rates set by the insurance company or in a way spelled out in the annuity contract; during the payout period, the amount of each income payment to you is generally set when the payments start and will not change. accumulation collection deposit premium . Business English Lesson – Advanced Level's archive TRANs 1. The Tax Revenue Note (TRAN) is a tax-free