BONDS & STOCKS

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Vocabulary Article of Association (Br) = Bylaws (AmE) Audited report (n) Authorized share capital (n) Barometer stock (n) Bear market (n) Blue chip (n) Bond indenture (n) Book runner (n) Brokerage (n) Bull market (n) Bunch (n) Capitalize (v) Common stock (n) Conservative investor (n) Covenant (n)

Pronunciation /':tikl/ /v/ /,sousi'ein/ /':ditid/ /rip:t/ /':raizd/ /e/ /'kpitl/ /brmt/ /stk/ /be/ /'m:kit/ /blu tp/ /bnd ndent(r)/ /bk/ /rn/ /brk()rd/ /bul//'m:kit/ /bn(t)/ /'kpitlaiz/ / 'kmn/ /stk/ /kns:vtiv/ /invest/ /kv()nnt/

English meaning A document specifying the regulations for a companys operations A report of auditing Capital that supported by owners of a company A security whose performance is considered to be an indicator of the performance of its particular sector or the market as a whole A general decline in the stock market over a period of time A blue-chip investment is thought to be safe and likely to make a profit A written agreement between the issuer of a bond and the bondholders, usually specifying interest rate and other terms. The main underwriter or lead manager in the issuance of new equity, debt or securities instruments The business of acting as a broker Associated with increasing investor confidence, and increased investing in anticipation of future price increases A large amount of sth; a large number of things or people To sell possessions in order to change them into money A security that represents ownership in a corporation. Holders of common stock exercise control by electing a board of directors and voting on corporate policy. Cautious; having a risk-averse investment strategy which has preservation of capital as a high priority A promise in an indenture, or any other formal debt agreement, that

Vietnamese meaning Bng iu l cng ty Bo co kim tra s sch Vn ch s hu C phiu ch bo Th trng u c gi xung Bo m chc chn (u t c phn) Kh c v tri phiu Nh qun l s u t, nh bo lnh pht hnh chnh Kinh doanh mi gii Th trng u c gi ln Mt s lng ln ci g Vn ha C phiu ph thng Nh u t c t tng bo th Tha thun giao ko Page 5

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certain activities will or will not be carried out. 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Creditor (n) Criterion (n) Criteria (plural) Current Assets (n) Current Ratio (n) Cushion (v) Cyclical stock (n) Debenture bond (n) Decent (adj) Default risk (n) Defensive stock (n) Diversify (v) Dividend (n) Equity (n) Exempt (v) Face Value (n) Federal income tax (n) Flight- to- quality (n) Flotation (n) /'kredit/ /krtrn/ / krnt/ /set / / krnt/ /reio/ /k()n/ /saiklikl//stk/ /dbent(r)/ /bnd/ / disnt / /dflt/ /rsk/ /difensiv//stk/ /dvsf/ /dvdnd/ /'ekwiti/ /gzm(p)t/ / fes/ /valju/ /fd()r()l nkm taks/ / flat/ /tu/ /kwlti / /floutein/ A person, company, etc. that sb owes money to A standard or principle by which sth is judged, or with the help of which a decision is made. A balance sheet item which equals the sum of cash and cash equivalents, accounts receivable, inventory, prepaid expenses, and other assets that could be converted to cash in less than one year An indication of a company's ability to meet short-term debt obligations To protect sb/sth from being hurt or damaged or from the unpleasant effects of sth Stock of a company sensitive to business cycles A debt security, issued by a government or large company, that is not secured by an asset, called unsecured bond. Proper, acceptable, satisfactory The event in which companies or individuals will be unable to make the required payments on their debt obligations A stock that remains stable under difficult economic conditions To develop a wide range of products, interests, skills,etc. in order to be more successful or reduce risks An amount of the profits that a company pays to people who own shares in the company The interest of the owner of common stock in a corporation. Free from an obligation or liability imposed on others The amount paid to a bondholder at the maturity date, given the issuer doesn't default. A system overseen by the IRS which collects money based on your earned income The action of investors moving their capital away from riskier investments to the safest possible investment vehicles. The launching of a commercial venture, bond issue, loan Ch n Tiu ch Ti sn lu ng H s thanh ton hin hnh Bo v C phiu chu k Tri phiu khng c bo m. Tm tt, thch hp, chp nhn c Ri ro thanh ton C phiu phng th a dng ha C tc Vn c ng, vn c phn Min thu thu nhp Mnh gi Thu thu nhp lin bang Xu hng tm n knh u t an ton ca cc nh u t. S pht hnh chng khon Page 6

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34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 Growth stock (n) Income stock (n) Income tax exemption (n) Indebted (adj) Indenture (n) Inherent (adj) Insolvent (adj) IOU Junk bond (n) Lending investment (n) Limited partnership (n) Liquidate (v) Liquidity (n) Liquidity Ratio (n) Liquidity risk (n) Lucrative (adj) Macro analysis (n) Maturity (n) Memorandum of Association (Br)= Certificate of Incorporation /grou//stk/ /'inkm//stk/ /nkm/ /taks/ /zmpn/ /ndtd/ /ndnt/ /nhrnt; nhrnt/ /in'slvnt/ /a ju / / dk/ /bnd/ /'lndin/ /nvs(t)m()nt/ /lmtd/ /ptnp/ /'likwideit/ /li'kwiditi/ / lkwdti/ /reio/ /lkwdti/ /rsk/ /'lu:krtiv/ /mkro/ /nlss/ /mtrti; mtrti/ /mmrandm/ /v/ /sse()n/ Stocks that do not declare any dividends since the money earned is C phiu tng trng going to be reinvested to grow the company Stock that offer a higher dividend in relation to their market price C phiu thu nhp and less price fluctuation than other stocks Removal from taxation of income Owing money A legal agreement, contract, or document A basic or permanent part of sb or sth and that cannot be removed Not having enough money to pay what you owe A note between two people used to say that one person owes sth to the other A high-risk, non-investment-grade bond with a low credit rating, usually BB or lower; as a consequence, it usually has a high yield. Investments in debt securities A business organization with one or more general partners, who are liable only to the extent of their investments. To sell sth in order to get money The state of owning things of value that can easily be exchanged for cash A measure of how quickly a company's assets can be converted to cash The risk that a given security or asset cannot be traded quickly enough in the market to prevent a loss (or make the required profit). Producing a great deal of profit A review of all the factors that a company is unable to control The time when money you have invested is ready to be paid Min thu thu nhp Vay n Kh c Vn Khng tr c n Giy nhn n Tri phiu ri ro cao, thng s dng u c u t vo chng khon n Cng ty hp danh Thanh l Tnh thanh khon H s thanh khon Ri ro thanh khon C li, sinh li Phn tch v m Ngy o hn

A document that regulates a company's external activities and must be drawn up on the formation of a registered or incorporated Tha thun thnh lp cng ty company Page 7

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(AmE) 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 Mortgage bond (n) Muni = Municipal bond (n) Mutual fund (n) = Unit trust No-load fund (n) Load fund Over-the-counter market (n) Owners equity (n) Ownership investment (n) Participation certificate (n) Penny stock Periodic interest rate (n) Peruse (v) Precedence (n) Preferred stock (n) Premium (n) Price restriction (n) Price to earnings (n) Principal (n) /md/ /bnd / /mjuni/ /mjutl/ /fnd/ /n/ /ld/ /fnd/ /'ouv/ / / /'kaunt/ /onrs/ /ekwti / /np/ /nvs(t)m()nt/ /ptspen/ /stfkt/ /peni/ /stk/ /prdk/ /nt()rst/ /ret/ /pruz/ /'presidns/ /pri'f:rd/ /stk/ /primim/ /prs/ /rstrk()n/ /pras/ /tu:/ /rn / /prnsp()l/ A long-term bond secured by the payments on one or more mortgages, called secured bond. A bond which is issued by an American city or other local government, or their agencies. Potential issuers of municipal bonds includes cities, counties, redevelopment agencies. A company that offers a service to people by investing their money in various different businesses A mutual fund in which stocks/bonds are sold without a commission or sales charge Unofficial market Total assets minus total liabilities of an individual or company. For a company, also called net worth or shareholders' equity or net assets. Investments in equity securities A type of financing where an investor purchases a share of the lease revenues of a program rather than the bond being secured by those revenues Low-priced and high risk stock The rate of interest assessed on a loan or investment over a set time period when compounding occurs more than once per year. To read sth, especially in a careful way The right to precede in order, rank, priority Stocks that give priority, as to one creditor over another The difference between the higher price paid for a fixed-income security and the security's face amount at issue. The establishment and maintenance of maximum price levels for basic goods and services by a government The most common measure of how expensive a stock is A sum of money lent or invested, on which interest is paid Tri phiu c bo m Tri phiu th Qu tng h Qu khng thu ph Th trng phi tp trung Vn ch s hu u t vo chng khon vn Chng ch d phn C phiu ri ro Li sut theo k c k, nghin cu Quyn u tin C phiu u i Chnh lch gi chit khu Hn ch gi H s gi trn thu nhp mt c phn Tin vn

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70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 Private placement (n) Profit margin (n) Profitability ratio (n) Proprietor (n) Quick ratio (n) Redeem (v) Registrar (n) Residual value (n) Return on assets (n) Return on equity (n) Risk averse (adj) Risk-free asset (n) Risk-free bond (n) Sinking fund (n) Solvency ratio (n) Sovereign bond (n) Speculative stock (n) Stable (adj) Volatile Supranational (adj) /prvt/ /plesmnt/ / prft/ /mrdn / /prftblti/ /reio/ /prprt/ / kwk/ /reio/ /rdim/ /rdstr/ /rzdjl/ /valju/ / rtrn/ /n/ /set / / rtrn/ /n/ /ekwti/ /risk/ /'v:s/ /rsk/ /fri/ /st/ /rsk/ /fri/ /bnd/ /'skin/ /fnd/ /slvnsi/ /reio/ /svrn bnd/ /spekjultiv/ /stk/ /steibl/ /suprnnl/ The sale of securities to a relatively small number of select investors as a way of raising capital Net profit after taxes divided by sales for a given 12-month period, expressed as a percentage. A class of financial metrics that are used to assess a business's ability to generate earnings as compared to its expenses and other relevant costs incurred during a specific period of time An unincorporated business with one owner who pays personal income tax on profits from the business A measure of a company's liquidity and ability to meet its obligations. To convert into cash An official responsible for keeping a register or official records How much a fixed asset is worth at the end of its lease, or at the end of its useful life A measure of a company's profitability, equal to a fiscal year's earnings divided by its total assets, expressed as a percentage. A measure of how well a company used reinvested earnings to generate additional earnings Investing conservatively An asset which has a certain future return A theoretical bond that repays interest and principal with absolute certainty A means of repaying funds that were borrowed through a bond issue Any of several formulas used to gauge a company's ability to meet its long-term obligations Bond issued by national governments in foreign currencies A stock which is considered to be very risky, in comparison with its expected return A price or rate which changes only slowly Pht hnh chng khon ring l H s bin li nhun T s sinh li Doanh nghip t nhn H s thanh ton nhanh Mua li Cc ng k Gi tr thun c th thc hin c Thu nhp trn tng ti sn Thu nhp trn vn ch s hu E ngi ri ro Ti sn phi ri ro Tri phiu phi ri ro Qu m bo H s kh nng thanh ton Tri phiu ngoi t C phiu u c Bn vng

Having power or influence that transcends national boundaries or Mang tnh cht siu quc gia governments Page 9

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89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 Swap contract (n) Syndicate (n) Tap into (v) Tax- exempt bonds Total debt to total assets Trade- off (n) Treasury bond (n) Underwrite (v) Unnerve (v) Valuation ratio (n) Value stock (n) Variable- rate bond (n) Yield (n) Yield curve (n) Zero coupon bond (n) / swp/ /kntrkt / /sndkt/ /tp/ /'intu/ /taks/ /gzm(p)t/ /bnd/ / totl/ /det/ /tu/ /totl/ /set/ /tred/ /f/ /tr()ri/ /bnd/ /'ndrait/ /nnv/ /vljuen/ /reio/ /'vlju:/ /stk/ /veribl/ /ret/ /bnd/ /ji:ld/ / jild kv / /zr/ /kupn/ /bnd / A contract between two parties in which the parties promise to make payments to one another on scheduled dates in the future, and use different criteria or formulas to determine their respective payments A group of individuals or organizations combined to undertake some specific duty To penetrate A bonds interest payments are not subject to federal income tax, and sometimes also state or local income tax. A broad ratio that is used in measuring the percentage of a company's assets that are financed by debt. A balance achieved between two desirable but incompatible features; a compromise A bond issued by a national government and backed by its full faith and credit. To accept financial responsibility for an activity so that you will pay for special costs or for losses it may make To make sb feel nervous or frightened or lose confidence A ratio used to analyze the attractiveness of an investment in a company A stock considered to be a good stock at a great price, based on its fundamentals, as opposed to a great stock at a good price Bonds that have a variable coupon, equal to a money market reference rate, like LIBOR or federal funds rate plus a spread. The annual rate of return on an investment, expressed as a percentage A curve that shows the relationship between yields and maturity for a set of similar bonds at a given point in time A bond which pays no coupons, is sold at a deep discount to its face value, and matures at its face value. Hp ng hon i Cng on Gia nhp, thm nhp Tri phiu min thu H s n trn tng ti sn S cn bng Tri phiu kho bc Bo him, m bo Lm suy nhc H s nh gi C phiu gi tr Tri phiu c li sut th ni. Li nhun, li tc ng cong li sut Tri phiu chit khu

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