EnglishForBusiness-Unit 17

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English for Business

Unit 17 – Stocks and shares


p. 86

Bond - a document given to someone who invests money in a government or company, promising to pay back the
money with interest; ობლიგაცია
Hedge fund - a financial organization that invests money that has a high risk of being lost but which may make
a very large profit

p. 87 – Stock and shares

Public company - a company whose shares you can buy on the stock exchange
Private company - a company owned by a person or group of people who do not sell
shares (=the right to share profits) to the public
To go public - if a private company goes public, it becomes a public company by selling shares to people
Flotation = IPO = Initial public offering - the sale of shares in a company for the first time
To underwrite - to protect a company from loss by agreeing to buy any remaining shares that are not bought by
the public when the shares first become available for sale
Ordinary shares = common stock - the majority of the shares into which the capital of a company is divided.
The people who own these shares have the right to a part of the company’s profits.
To match up - to find someone or something that forms the right combination with someone or something else;
დაკავშირება, შესაფერისის არჩევა
Share index = stock index - an official list of the average price of shares of a particular group of companies on
a particular stock exchange
Bull market - a situation in the stock market in which the prices of shares are rising; ფასების/კურსების ზრდა
ბაზარზე
Bear market - a situation in the stock market in which the prices of shares are falling; კლებითი ტენდეციის
მქონე ბაზარი

To outperform - to do something better than someone or something else; აჯობე რამეში


Implication - a possible effect or result

p. 88 A financial new report

The Dow Jones Average - a number that represents an average of the share value of important companies in
the US It goes up or down every day according to activity on the stock market, and is
used as a sign of how well the US economy is performing. The Dow Jones Average is
often simply called the Dow Jones or the Dow
The S&P 500 - Standard & Poor's 500. A basket of 500 stocks that are considered to be widely held. The S&P
500 index is weighted by market value, and its performance is thought to be representative of
the stock market as a whole

LEVAN GULUA 1
The NASDAQ - the National Association of Securities Dealers Automated Quotations: a system in the US for
buying and selling shares in businesses, especially new businesses relating to computers

p. 89 Vocabulary

To rocket - to rise extremely quickly or make extremely quick progress towards success; სწრაფად ავარდნა, აჭრა
Recession - a period when trade and industry are not successful and there is a lot of unemployment; შემცირება,
ვარდნა
To shoot up – to increase quickly by a large amount
To loom - if something unpleasant or difficult looms, it seems likely to happen soon [looming recession]; ჩამოწვა
To plummet - to fall straight down very quickly from a high position; სწრაფად დაცემა
To recover - if a country, economy etc. recovers after a difficult period, it begins to get stronger and return to
its earlier state; გამოცოცხლება, გამოსწორება
Bailout - money that someone gives or lends to a person or organization with financial problems

LEVAN GULUA 2

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