Topic: Banking/Investing/Financial terms 7

An exercise to help you learn & practice the vocabulary of the financial world, while polishing your grammar skills. Although it's meant for ESL students, it'll be useful to anyone who wants to practice this specialized vocabulary.

Choose the best response to complete each of the sentences below.

1. Last July's crisis sent financial markets into a ___________________. ( = they went down considerably)
  tailspin
  conundrum
  crisis

2. John A. Thain is often credited with ___________________ the New York Stock Exchange.
  revitalizing
  refurbishing
  renovating

3. He really turned this business ___________________. = He really made a big difference/ improvement.
  anew
  along
  around

4. The new direction ___________________ among investors. ( = made investors very nervous)
  nerved up
  fueled anxiety
  made anxious

5. A year after he arrived, he ___________________ a deal to merge with a rival bank.
  expressed
  experienced
  executed

6. He took a ___________________ ( = agreed to earn less money) to work here.
  pay cut
  salary increase
  payback

7. In finance, a "writedown" refers to the process of reducing the book value of an asset because it is ___________________ ( = worth too much) compared to the market value.
  overvalued
  undervalued
  valued

8. That bank did better than was expected last year because it took risks that it didn't fully ___________________ ( = let people know about).
  discuss
  close
  disclose

9. Banks usually ___________________ higher rates on long-term loans.
  in charge
  charge
  provide

10. Great news! Our bank is now ___________________ higher rates on certain savings and checking accounts.
  charging
  offering
  practicing


CHECK ANSWERS

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