22. Corporate finance CHECK YOUR ENGLISH VOCABULARY FOR BANKING AND FINANCE

CHECK YOUR ENGLISH VOCABULARY FOR BANKING AND FINANCE

22. Corporate finance

A. Money TV was a financial news Cable TV station. Put the story in order. After a shaky start, Money TV went into profit after three years. They raised some capital from a merchant bank. As a result, Money TV's advertising revenue fell dramatically. 1 Three companies, Tennant Entertainment, Planet Media and K9 Communications formed a consortium. Money TV started to make heavy losses. 5 A new station, The Money Channel was launched by Wolf Media Group, the US media empire. Money TV went into liquidation. They bought equipment, rented premises, hired staff and set up Money TV. Viewing figures dropped sharply because of competition from The Money Channel. B. Put the words into the spaces. annual report capital intensive cost-benefit analysis into partnership joint venture lease monopoly profit margin recoup start-up costs supply and demand working capital 1 Before deciding to invest in a new computer system, we need to do a __________________ to see if it's going to be worth it. 2 The new machinery cost a lot, but we'll __________________ the investment in just a few months. 3 You can read about the company's finances, performance and plans for the future in its ______. 4 We don't actually own our delivery lorries. We __________________ them. 5 We'd like to launch a new airline, but the __________________ are very high. 6 Airlines are a very __________________ form of business, as aeroplanes are extremely expensive. 7 Jewellery retailers need a lot of __________________, as the cost of their stock is high. 8 Petrol filling stations operate on a very narrow __________________. They only make about 1p a litre. 9 All business are subject to the laws of __________________. 10 The new mobile phone banking service is a __________________ between ÜberBank and Telkom. 11 ÜberBank and Telkom have gone __________________ with each other. 12 In Italy, Telecom Italia used to have a __________________ on telecommunications. C. Choose the best words to go into the spaces. 1 I sold my furniture shop as __________. A an operating company B a going concern C an active business 2 We can get a government __________ to help build a new factory in an area with high unemployment. A grant B money C payment 3 Before building the new factory, we'll have to do an environmental __________. A check B survey C audit 4 We don't employ our own cleaning staff. We've _________ the cleaning to an outside firm. A contracted out B contracted C contracted over 5 We need a building firm to build a new warehouse. We're going to put the contract __________. A out to price B under offer C out to tender 6 Three firms have _________ for the contract. A tendered B offered C given prices 7 Due to several years of falling sales, we're going to __________ the company. A stop B finish C wind up 8 The company _________ trading in 2006. A gave up B finished C ceased 9 Money invested in helping other people start new businesses is called __________. A venture capital B adventure capital C start capital D. Which of the options in not possible? As a result of online ticket purchases, several independent travel agents have __________. a gone under gone out of business gone past their sell-by dates gone bust gone into liquidation gone to the wall b c d e f E. Three of the phrases above are informal. Which three?

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