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Business English Practice | Topic: Banking/Investing/Financial terms 7
Choose the correct response to complete each of the following sentences:
1. Last July's crisis sent financial markets into a ___________________. ( = they went down
considerably)
a) conundrum b) tailspin c) crisis
2. John A. Thain is often credited with ___________________ the New York Stock Exchange.
a) refurbishing b) revitalizing c) renovating
3. He really turned this business ___________________ = He really made a big difference/
improvement.
a) anew b) along c) around
4. The new direction ___________________ among investors. ( = made investors very nervous)
a) nerved up b) fueled anxiety c) made anxious
5. A year after he arrived, he ___________________ a deal to merge with a rival bank.
a) expressed b) experienced c) executed
6. He took a ___________________ ( = agreed to earn less money) to work here.
a) pay cut b) salary increase c) payback
7. In finance, a "writedown" refers to the process of reducing the book value of an asset because it is
___________________ ( = worth too much) compared to the market value.
a) overvalued b) undervalued c) valued
8. That bank did better than was expected last year because it took risks that it didn't fully
___________________ ( = let people know about).
a) discuss b) close c) disclose
9. Banks usually ___________________ higher rates on long-term loans.
a) charge b) in charge c) provide
10. Great news! Our bank is now ___________________ higher rates of return on certain savings and
checking accounts.
a) offering b) charging c) practicing
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Business English Exercise | Topic: Banking/Investing/Financial terms 7
ANSWERS:
1) b 2) b 3) c 4) b 5) c 6) a 7) a 8) c 9) a 10) a


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