Choose the word or phrase that best completes the blank in each sentence. Chọn từ hoặc cụm từ đúng nhất cho mỗi câu.
1-
Common shareholders have the right to elect directors, to vote on certain corporate matters, and to share in any ....... assets of the company if it is wound up.
A -
reclaimed
B -
released
C -
relevant
D -
residual
2-
Common shareholders are the last to claim assets in cases of ........
A -
dissolution
B -
insolvency
C -
insurgency
D -
resolution
3-
Preferred shareholders may have no voting rights, but special features on redemption or ....... of preferred shares into common shares exist in many cases.
A -
conversion
B -
merging
C -
morphing
D -
transformation
4-
U.S. Savings Bonds are backed by the general credit and taxation powers of the federal government, so there is virtually no risk of ........
A -
bankruptcy
B -
default
C -
depression
D -
retraction
5-
A bond is a loan by an investor to the government or a company, which generally promises to pay a specified rate of interest and to repay a certain amount, the ....... value of the bond, at maturity.
A -
base
B -
face
C -
initial
D -
official
6-
Certificates of Deposit (CDs) are short-term, interest-bearing savings certificates issued by banks or brokers, bearing a maturity date and a specified interest rate; they can be issued in any ........
A -
condition
B -
denomination
C -
jurisdiction
D -
nation
7-
Money-market mutual funds (MMMF) pool money from large numbers of investors and use it to buy short-term investments, such as T-Bills and commercial ........
A -
blocks
B -
contracts
C -
paper
D -
stock
8-
The returns on mutual funds depend on the fund's investment objectives, described in its ......., and its success in achieving them.
A -
articles of incorporation
B -
leaflets
C -
prospectus
D -
submissions
9-
....... funds are much like mutual funds, but shares are not issued or redeemed on an ongoing basis; a set number of shares are issued and then listed on an exchange for trade among investors.
A -
Closed-end
B -
Finite
C -
Limited
D -
Short-line
10-
Options give the holder the right to buy ('call' option) or sell ('.......' option) a security at a specific price for a specific period of time.