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Contents • Key Vocabulary: The Stock Market • Language Focus: The Third Conditional; Phrasal Verbs, Advebs: yet, still, already • Skills: Analysing share price listings, Buying shares, Listening to a radio stock market report Key Vocabulary • stock market (or stock exchange) – a place for buying and selling shares • shares ( US stocks) – units of capital • equities -shares issued by a company entitling their holders to a dividend according to the profits of the company and to a claim on net assets • to issue – to publish, to emit • investors - someone who gives capital in order to gain financial returns • broker - an agent who buys or sells goods, securities • shareholder (US stockholder) - the owner of shares in a company • dividend - part of a company's profits paid to its shareholders • bonds – loans for fixed periods with fixed interest rates • securities - a certificate of ownership, such as a share, stock, or bond • to trade – to buy and sell for profit Possible Exam Question • Name as many as possible verbs which can describe the change in the share price. Answer Intransitive verbs – verbs which do not have objects Transitive verbs – verbs which have objects Upward movement Intransitive verbs: increase, rise, go up, soar, rocket. The population is increasing. Transitive verbs: increase, raise. The government has raised taxes. Downward movement Intransitive verbs: decrease, go down, fall, decline, drop, slide, slip plummet. The prices have fallen. Transitive verbs: decrease, reduce, drop. We reduced our prices. Level off, fluctuate, stay the same Listening, pg. 75
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