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Business English Exercises
 

Unitholders

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 434
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unitholders answer 1
In master limited partnerships, investors buy units instead of shares and are consequently referred to as unitholders; there are two classes of owners — limited partners and general partners.

Correct answer: (c) master

Meaning of business term master
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unitholders, question 1 unitholders, real estate words master, non-performing, ordinary, due, prime, what does master mean?

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unitholders answer 2
If they increase, bank non-performing assets can potentially trigger significant credit losses; they create a serious drag on margin and the bottom line, and they must be financed with equity, borrowings, or bank deposits.

Correct answer: (a) non-performing

Meaning of business term non-performing
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unitholders, question 2 terms of stock governs, binding, authorizing, opens, honor, what does non-performing mean?

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unitholders answer 3
Certain dispositions are not exchanges or sales, but the Internal Revenue Code includes provisions that deem them exchanges or sales so as to prevent the taxpayer from claiming an ordinary loss on a transaction that should more appropriately be considered a capital loss.

Correct answer: (d) ordinary

Meaning of business term ordinary
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unitholders, question 3 taxes terms articulating, penetrated, augmenting, spectrum, what does ordinary mean?

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unitholders answer 4
Mortgages have due-on-sale clauses because lenders need to know who they're lending money to and when the loan will be paid off; they don't want to lend one guy money for a house then find that another guy with lower income or equity or bad credit now has the house.

Correct answer: (b) due

Meaning of business term due
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unitholders, question 4 technical analysis words incrementally, dictated, what does due mean? what is the definition for due?

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unitholders answer 5
The prime rate, which tracks rather closely with other short-term interest rates like the rate for overnight federal funds, is a base or reference rate which financial institutions utilize in setting interest rates for some consumer loans and most commercial loans.

Correct answer: (c) prime

Meaning of business term prime
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unitholders, question 5 trading words fraught, spate, bona fide, steward, what does prime mean? what is the definition for prime?

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unitholders answer 6
Dogpatch emphasizes yield and lack of risk in its investment policy and allows short term investment only in high quality commercial paper bearing the highest rating by at least one nationally recognized rating service.

Correct answer: (a) service

Meaning of business term service
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unitholders, question 6 unitholders, accounting terminology straight, holding, war chest, what does service mean?

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unitholders answer 7
In the first quarter of 2006, the US Treasury held its first auction since 2001 for its 30-year or 'long' bond; this bond is favored by investors because they can lock in a safe, enduring interest rate for their portfolio.

Correct answer: (a) long

Meaning of business term long
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unitholders, question 7 list of bonds words add-on, ratio, bought, formation, what does long mean? what is the definition for long?

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unitholders answer 8
The Bank of Japan provides the markets with securities lending of Japanese government securities held by the Bank as a temporary and secondary source, because liquidity may decline when participants have difficulty obtaining specific issues or face uncertainty over availability.

Correct answer: (c) lending

Meaning of business term lending
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unitholders, question 8 lending credit vocab gathering, trustor, paid-in, what does lending mean? what is the definition for lending?

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unitholders answer 9
The mutual fund symbol, seen on the internet at any broker's website or at Bigcharts.com, for the Rydex Family of funds is RYURX and for the DAL Family of funds is FUNDX.

Correct answer: (d) symbol

Meaning of business term symbol
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unitholders, question 9 mergers acquisitions words prime, arm-length, consensus, what does symbol mean?

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unitholders answer 10
Annuitants or employees covered under the Group Life Insurance program are eligible for living benefits if they have been diagnosed as terminally ill with a life expectancy of less than 9 months and have not assigned their insurance.

Correct answer: (b) living

Meaning of business term living
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unitholders, question 10 mutual funds terms notes, anticipation, mutual, termination, what does living mean?

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EFL/ESL Links: Manipulative Practices • Law estate terms performance, ordinary, conduits, relief • Manipulative Practices (Answers) • Lending credit vocab gathering, trustor, paid-in • Non-monetary Services • Currency vocab ex-legal, cusip, warranty, instruments • Non-monetary Services (Answers) • List of bonds words add-on, ratio, bought, formation • Banker's Acceptances • Banking term list real estate, master, joint, discount, crash of • Banker's Acceptances (Answers) • Accounting terminology straight, holding, war chest • Foreign Currency Risk Management • Business words flawed, fly, systemic, swings, taken • Foreign Currency Risk Management (Answers) • Trading words fraught, spate, bona fide, steward • The Physical Supply Chain • Insurance vocabulary adversarial, reciprocation, iterative • The Physical Supply Chain (Answers) • Technical analysis words incrementally, dictated • A Strategic Alliance • Terms of economy align, caliber, realized, grid, leverage • A Strategic Alliance (Answers) • Taxes terms articulating, penetrated, augmenting, spectrum • The ICCUCPDC • Financial words conforms, warrants, deal, distinct, payee • The ICCUCPDC (Answers) • Terms of stock governs, binding, authorizing, opens, honor • ESL test: Unitholders • Dividends words living, symbol, lending, long, service • ESL Audio Online - English MP3 - English Pronunciation
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