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Vocabulary

bond

облігація

gilts

syn. gilt-edged securi-

ties

цінні папери із золотим обрізом, урядові облігації та цінні папери з державною гарантією

blue chip

першокласний цінний папір

to transact

вести (справи), укладати (угоди)

bid

пропозиція ціни, ціна покупки

offer

ціна продажу

jobber's turn

прибуток біржового маклера

speculator

біржовий ділок, особа яка грає на біржі

bull

бик (біржовий)

anticipation

передбачення, очікування

bear

ведмідь (біржовий)

to function

функціонувати, діяти

18. Write down the Ukrainian equivalents:

securities

gilt-edged security

bond

high-quality security

loan

blue chips

to trade securities

bid

stock exchange

offer

speculator

bull

gilt

bear

19. Choose the right variant and translate the sentences:

  1. Bonds give details of a loan (making/make/made) to a

company or government.

  1. Securities (issuing/issue/issued) by the British

government are called gilts.

  1. Various securities (trade/are trading/are traded) at the

Stock Exchange.

  1. Only Stock Exchange members (admit/admitted/are

admitted) to transact business at stock exchanges.

  1. Investors who are going to sell or buy securities

(can/may/must) act through brokers.

  1. Jobbers usually do not know (when/if/-) brokers want

to buy or sell.

20. Complete the sentences with the following words:

stock exchanges, securities, loan,

brokers, jobbers, gilts, chips

  1. Shares, stocks and bonds form ...

  2. Bonds are documents which give details of a ... made to

a com­pany or government.

  1. ... issued by the British Government are called ...

  2. Another way of describing high quality ... is blue ...

  3. ... of all kinds are traded at the ...

  4. There are two kinds of people dealing on the Exchange

Stock Mar­ket, they are ... and ...

  1. Investors who wish to buy or sell securities must act

through ...

21. Write down the questions for the following answers:

1) _______________

There are shares, stocks and bonds.

2) ________________

They are documents which give

details of a loan made to a company

or government.

3) ________________

These are called gilts or guilt-edged

securities.

4) ________________

Yes, gilts and other high qual­ity

securities are also referred to as

blue chips.

5) ________________

At stock exchanges.