D. Match the terms given in the box with the correct definitions below.

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C. Find pairs of synonyms.

1) stocks

diversity

2) to fund

to authorize

3) variety

full

to deal in

to define

to determine

to influence

overseas

foreign

to entitle

to finance

shortfall

securities

to affect

to trade in

complete

deficit

D. Match the terms given in the box with the correct definitions below.

blue chips  OTC vitality  listed company  RR     market price    

          share index       bears        bulls       shareholder 

1) Number indicating how prices of shares have fluctuated.

2) An employee of a stock exchange who accepts to buy and sell orders from customers.

3) Stock of a large, national company with a solid record of stable earnings and/or dividend growth and a reputation for high quality management and/or products.

4) A name for investors who buy shares because they expect their price to rise.

5) A name for shareholders who sell because they expect the price to fall.

6) Financial organizations that own a lot of shares.

7) A company whose securities are traded on an organized exchange.

8) The indicator of a good market.

9) Last reported price at which a security was sold on an exchange.

Reading 2: Stocks and Shares

A. Read the following information on stocks and shares.

A share is a part of a company, offered for sale to the public. The company is able to raise cash for expansion and new ventures by selling shares in itself to investors. The first time it “goes public” (also known as flotation), a company will often announce its intentions with advertisements in the press. This is called an offer for sale.

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