Professional English: Unit 37 t/m 48
Oxford English: Unit 10 t/m 12 (+ grammar: conditionals)
INHOUD
PROFESSIONAL ENGLISH IN USE (FINANCE) ................................................................................................. 2
UNIT 37: HEDGE FUNDS AND STRUCTURED PRODUCTS ....................................................................... 2
UNIT 38: DESCRIBING CHARTS AND GRAPHS .......................................................................................... 2
UNIT 39: MEGRERS AND TAKEOVERS ........................................................................................................ 3
UNIT 40: LEVERAGED BUYOUTS .................................................................................................................. 3
UNIT 41: FINANCIAL PLANNING .................................................................................................................. 4
UNIT 42: FINANCIAL REGULATION AND SUPERVISION ......................................................................... 5
UNIT 43: INTERNATIONAL TRADE ............................................................................................................... 5
UNIT 44: EXCHANGE RATE ........................................................................................................................... 6
UNIT 45: FINANCING INTERNATIONAL TRADE ........................................................................................ 7
UNIT 46: INCOTERMS .................................................................................................................................... 8
UNIT 47: INSURANCE ..................................................................................................................................... 9
UNIT 48: THE BUSINESS CYCLE ................................................................................................................. 10
Oxford English for careers ..................................................................................................................................... 11
Unit 10: Company reporting ............................................................................................................................. 11
Unit 11: Accountancy and auditing................................................................................................................... 12
Unit 12: Insurance and risk ............................................................................................................................... 13
Grammar: conditionals ......................................................................................................................................... 14
, PROFESSIONAL ENGLISH IN USE (FINANCE)
UNIT 37: HEDGE FUNDS AND STRUCTURED PRODUCTS
Hedge fund Private investment funds for wealthy investors
To pool To put together
Hedging Protecting against future price changes
Gearing / leverage borrowing money as well as using own funds
Long position Buying and keeping shares because you expect them to rise in value and
make a profit.
Short position selling securities before you have purchased them because you expect them
to decrease in value.
Arbitrage Simultaneously purchasing a security or currency in one market and selling it
in another market at a slightly higher price.
Arbitrageur Someone who buys something, such as shares or currency, in one place and
sells them in another where they can get a higher price at the same time.
Customized Individualized or non-standard
UNIT 38: DESCRIBING CHARTS AND GRAPHS
To rise To increase
To grow To climb
To improve To get better
A rise An increase
A growth An improvement
To fall To decline
To decrease To drop
To deteriorate To get worse
A fall A decline