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Exercise 7. Complete the following sentences joining the suitable part




1. In the USA stocks has the same meaning as ________ in the UK.

a) shares b) securities c) bonds

2. Describing ______________ dictionaries name stocks and shares, bills of exchange, life assurance policies.

a) investment b) dividend c) securities

3. A financial market is any mechanism for trading financial __________ or claims.

a) funds b) assets c) obligations

4. These days there is frequently no physical market place __________ are conducted by telephone or over the computer.

a) purchases b) transactions c) contracts

5. Financial markets promote ______________________ by providing mechanisms by which Investors and Borrowers can contact each other.

a) savings and investment b) capital c) assets

6. Market opinion of the company is reflected in the price of the shares if they are _________ on a stock exchange.

a) sold b) bought c) quoted

7. The company may convert some of its accumulated ________ into extra shares which are issued to members at no charge.

a) money b) reserves c) bonds

8. The amount of funds the business needs to finance working capital is reduced by the current _________________ of the company.

a) policy b) liabilities c) investments

9. There is no ______________ in ordinary shareholders investment.

a) security b) safety c) hope

10. The dividend paid will depend upon the level of _________________ and the companys dividend policy.

a) profit b) losses c) inflation

 

1

In the United States, it isnecessary that accounts be settled (should be settled) within five days be settled should be settled (The Subjunctive Mood). it is necessary/it is recommended, etc , . . , , , , . ( require /: , )

:

 

Synthetical forms

 

A) The Present Subjunctive

 
 
be, have, do, know...


I, he, she, we, you, they

 

e.g. The committee has recommended that the training programme be improved. ( , .)

e.g. I suggest that we gather and analyze this information.

 

B) The Past Subjunctive

 
 
were, had, did, knew...


I, he, she, we, you, they

 

e.g. I wish I were 16. (, .)

e.g. I wish I knew how to do it. (, , ./ , , .

.)

 

 

2. The Past Perfect Subjunctive ( The Past Perfect Tense)

 
 
had been, had had, had done, had known...


I, he, she, we, you, they

 

e.g. I wish I had known about their transaction yesterday. (, .)

e.g. I wish he had done business with me last year. .

Analytical forms

 

should + be/ have/ do/ know...
I, he, she, we, you, they

 

e.g. The committee has recommended that the training programme should be improved.

e.g. I suggested that the marketing problems should be investigated immediately.

 

: , . : . should BrE AmE, BrE AmE.

 

The Present Subjunctive The Analytical Subjunctive :

Ø demand (), suggest (, ), propose (), recommend, require (), urge ( ), insist (), move ( ) ;

Ø :

 

       
 
   
 

    It is (was) necessary important obligatory advisable desirable     that the training programme (should) be improved
  It is (was) suggested demanded requested recommende d decided     that the training programme (s hould) be improved

 

so that, in order that, lest ( ).

e.g. In order that there should be no misunderstanding, we propose to issue these instructions to every employee in writing. ( , .)

e.g. Lest anyone (should) worry that this will lead to price increases, let me reassure them that it will not. ( , , , .)

 

, , , (The Subjunctive Mood) :

e.g. The speaker urged us to give our financial support.

e.g. The speaker urged immediate action against the illegal transaction.

e.g. He insisted on immediate repayment.

e.g. She demanded to speak to the manager.

 





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