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VOCABULARY PRACTICEDate: 2015-10-07; view: 355.
Ex. 1. Look at the words in the box, all of which are from this unit. Match the words with the correct definition from the list below.
1. The highest price a prospective buyer is prepared to pay at a particular time for a trading unit of a given security. 2. Market value-weighted index which relates all NYSE stocks to an aggregate market value as of December 31, 1965, adjusted for capitalization changes. 3. The price of the final trade of a security at the end of a trading day. 4. Percentage rate of return paid on a common or preferred stock in dividends; rate of return on a bond. 5. The lowest price acceptable to a prospective seller of a given security. 6. Market value-weighted index showing the change in the aggregate market value of 500 stocks relative to the base period 1941-43. 7. Bottom price paid for a security over the past year or since trading in the security began. 8. Appropriately weighted and adjusted arithmetic mean of selected securities designed to represent market behaviour generally or important segments of the market.
Ex. II. Look through this excerpt and then fill the spaces with words from the box. Translate the text into Russian.
To understand the Major Market Index, it is necessary to be acquainted with ... (I), though now most professionals are likely to focus on ... (2) or ... (3) as measures of the broad market. But ... (4) retains much of its fascination and popularity. The Dow isn't ... (5). But the Major Market Index has been constructed to move like the Dow. It is ... (6), 15 of which are also in the Dow. Like the Dow, the Major Market Index is not ... (7), but ... (8), meaning that the market price of each of the 20 stocks is taken into the calculation without adjustment.
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