6. Match the word on the left with the statement on the right:

1. Dealing ___ The basic stock of a corporation; usually

carries voting rights for controlling the

corporation.

2. Exchange ___Stock that gives its owners a priority status

over common stockholders in

one or more ways such as the payment of

dividends or the distribution of

assets on liquidation.

3. Shares ___ The owners of a corporation.

4. Stockholders ___ Products that a company acquires for the

purpose of reselling them to customers.

5. Goods ___ Equity of corporation divided into units.

6. Common stock ___ The business of buying and selling on stock

exchanges.

5. Preferred stock ___ An organized meeting of people in an

appointed place to buy and sell.

IX. Make up sentences.

1. Places, where, arc, stock exchanges, such, securities, sold, are. bought, and.

2. Body, is, governing, the, of, the Council, Stock, an exchange.

3. Are, penny, which, shares, have, low, shares, prices.

4. Buying, the business, selling, of, is, called, stock, dealing, exchanges, on, and.

5. The stock exchange, types, the, chief, two, exchanges, of, exchange, the commodity, and.

10. Read and translate the meanings of the following terms. Translate the sentences with them.

Exchange (verb) - 1) is to give or receive goods, money, etc. in return for something of the same value; 2) is to give something and receive something (from another person) in return; 3) is to change one currency for another.

1. Can I exchange these shoes for a larger size? 2.The sales conference is a good place to exchange information. 3. They exchange their dollars for pounds.

Pay (verb) - 1) is to give money to someone for something; 2) is to give money that is owned to someone; 3) is to be profitable.

1. She paid for the goods by cheque. 2. Have you paid the telephone bill yet? 3. The business was sold because the owners couldn't make it pay. 4. How much did you pay for your house?

Payment - 1) is paying or being paid; 2) is an amount of money that is to be paid.

1. The bill of exchange was presented for payment at the bank. 2. Will you accept $ 100 as payment for the work? 3. We would be grateful for prompt payment of your account.

Debt - 1) is money owned by one person or an organization to another; 2) is owing money, especially when you can't pay.

1. It took him years to pay off all his debts. 2. The firm was hit by the recession and soon ran into debts. 3. We were poor. But we avoided debt. 4. National debt is the debt of the national government as distinguished from the debts of the political subdivisions of the nation and private business and individuals. 5. Public debt is the total of the nation's debts owed by state, local, and national governments.