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Financial vocabulary and figures Economic situation Shares and currencies Accounting SUCCESS FAILURE Sentence correction. T1: T2: T3: T4: to hedge to speculate to invest to deal b c e What is a share? Part of a companys profit. A regular payment received from an investment.a. A share in the ownership of a company. c Build two vocabulary networks around these topics: Currency1. Shares What date was “Black Monday”? _ How much money was lost on the London market? _ By how much points did the Dow Jones index fall? _ What percentage was this? _ When was the previous great stock market crash? _ By how much did the market fall then? _17th, Oct. 1987$50 billion508 points20%192910% The language of graphs Verbs used in the news: fell; plunged; soared; stabilize, recoverUP DOWN NO CHANGE The language of graphs What verbs do you think best describe points 1 to 10 of this graph? Listen to the financial news report and fill in the table. What do the two pictures show? Find the terms which mean the following: what a company owns: the total amount of sales: what a company owes: the profit made by the normal activities of a business:1. the goods which a business intends to sell to its customers: stock turnover liabilities operating profit assets Listen to the people making some brief calculations during a meeting. Write down the calculations they make in the spaces provided. $12050 00050 000 $120 6m 6 3.5 7415 13 350 60 05022 500 52 500 1560 000 82 500 Julian Lee is the general manager of a nuclear research institute. He is responsible for all aspects of running the institute, including managing the staff and organizing the finances, but he is not a scientist. What tasks does he have to do and what doesnt he have to do? Extra activities: Message FormName Company Urgent Can wait Tel. No. Linda BurneSCI International0181 442 5655, ext 39 Listen to two alternative versions of a similar situation involving two men called Buxton and Roberts. Which one of the four sentences describes the first conversation and which one describes the second conversation? Addressing Report on cultural differences in communication. Video clip, unit 1 (P. 104)
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