 |
Главная Случайная страница Контакты | Мы поможем в написании вашей работы! | |
B. Match the types of securities below with their definitions
|
|
The following basic types of securities are listed and traded on the Exchange:
| domestic equities and overseas equities | fixed-interest stocks, usually issued by companies or local authorities. They entitle the owner to regular interest payments and the repayment of a fixed sum at a given date in the future. | |
| preference shares | securities which are not listed and traded on an organized exchange. They are also called over-the-counter securities. These are the stocks of companies not big enough for a Stock Exchange listing or not wishing to pay for listing. In most cases, these stocks are thinly traded because they do not get much attention from the media or financial analysts, and so may be too risky for many investors. | |
| bonds | securities, issued by any country's government to raise money to fund any shortfall in public expenditures. They can be: longs, with a redemption date more than 15 years away; mediums, with a redemption date of between 5 and 15 years; shorts, with a redemption date of 5 years or less. Some are undated, with no fixed redemption date. | |
| unlisted securities | ordinary shares, issued by domestic or overseas companies | |
| gilts | is stock in a corporation with a national reputation for quality, reliability and the ability to operate profitably both in good and bad times. The term derives from the highest-value chip in a game of poker. One should consider blue chips for long-term investment. | |
| blue chip | shares earning a fixed income. Their owners are entitled to receive any dividend before the holders of ordinary shares. If the company is wound up, they are paid first, once all the creditors have been paid in full. |
Speaking: Role-play
Дата публикования: 2014-10-25; Прочитано: 606 | Нарушение авторского права страницы | Мы поможем в написании вашей работы!
