Shares. Stock, or stocks and shares, have now become synonymous

With securities, and the original distinction between

Shares and stock has become blurred.

I) A member of the stock exchange, who buys and sells shares

On his own account, or for non-members, in return for a commission

On the price of the shares.

Read the text, complete it using the words from the box, and translate it into Russian

Stocks, equities, dealers, stock exchange, system

Over-the-counter (OTQ market. A group of licensed... (1) who provide two-way trading facilities

In company securities outside th e.......(2). The term originated in the United States in the

S when... (3) were first purchased across bank counters. Today the OTC in the United States

Is an elaborate electronic dealing... (4) with market makers across the country, called NASDAQ

(the National Association of Securities Dealers Automated Quotations system), which trades in...

(5) in over 4,000 companies through 500 broker-dealers.

С т о и м о с т и

S to ck — а к ц и и,

Обращающиеся вне

18.7.4. Writen/Oral PracticeMake up sentences and microdialogues with the folowing word combinations on subject of unit. а) акция — corporation stock — акц,sU)eraSh (scoktкционерный кscokапалиtт-и аи акционерного общества

Blue chips — акци крупных компаний,

no-par [-value] share, no-patr [-value] stock,и щсруийюс евкоым

Unvalued stock — акци я без номинальной er tsceronu-tsceraohnuh-teh,eov-tr-erov