Practice English Vocabulary Exercises – Vocabulary for Banking and Finance: Corporate finance

A. Money TV was a financial news Cable TV station. Put the story in order.

…   After a shaky start, Money TV went into profit after three years.

…   They raised some capital from a merchant bank.

…   As a result, Money TV’s advertising revenue fell dramatically.

1   Three companies, Tennant Entertainment, Planet Media and K9 Communications formed a consortium.

…   Money TV started to make heavy losses.

5    A new station, The Money Channel was launched by Wolf Media Group, the US media empire.

…   Money TV went into liquidation.

…   They bought equipment, rented premises, hired staff and set up Money TV.

…   Viewing figures dropped sharply because of competition from The Money Channel.

B. Put the words into the spaces.

annual report          capital intensive          cost-benefit analysis

into partnership          joint venture          lease

monopoly          profit margin          recoup

start-up costs          supply and demand          working capital

1   Before deciding to invest in a new computer system, we need to do a …………………….. to see if it’s going to be worth it.

2   The new machinery cost a lot, but we’ll …………………….. the investment in just a few months.

3   You can read about the company’s finances, performance and plans for the future in its ……………………..

4   We don’t actually own our delivery lorries. We …………………….. them.

5   We’d like to launch a new airline, but the …………………….. are very high.

6   Airlines are a very …………………….. form of business, as aeroplanes are extremely expensive.

7   Jewellery retailers need a lot of …………………….., as the cost of their stock is high.

8   Petrol filling stations operate on a very narrow …………………….. . They only make about 1p a litre.

9   All business are subject to the laws of ……………………..

10   The new mobile phone banking service is a …………………….. between ÜberBank and Telkom.

11   ÜberBank and Telkom have gone …………………….. with each other.

12   In Italy, Telecom Italia used to have a …………………….. on telecommunications.

C. Choose the best words to go into the spaces.

1   I sold my furniture shop as …………………

      a   an operating company      

      b   a going concern      

      c   an active business

2   We can get a government ………………… to help build a new factory in an area with high unemployment.

      a   grant      

      b   money      

      c   payment

3   Before building the new factory, we’ll have to do an environmental …………………

      a   check      

      b   survey      

      c   audit

4   We don’t employ our own cleaning staff. We’ve ………………… the cleaning to an outside firm.

      a   contracted out      

      b   contracted      

      c   contracted over

5   We need a building firm to build a new warehouse. We’re going to put the contract …………………

      a   out to price      

      b   under offer      

      c   out to tender

6   Three firms have ………………… for the contract.

      a   tendered      

      b   offered      

      c   given prices

7   Due to several years of falling sales, we’re going to ………………… the company.

      a   stop      

      b   finish      

      c   wind up

8   The company ………………… trading in 2006.

      a   gave up      

      b   finished      

      c   ceased

9   Money invested in helping other people start new businesses is called …………………

      a   venture capital      

      b   adventure capital      

      c   start capital

D. Which of the options in not possible?

As a result of online ticket purchases, several independent travel agents have ……………………..

a   gone under

b   gone out of business

c   gone past their sell-by dates

d   gone bust

e   gone into liquidation

f   gone to the wall

E. Three of the phrases above are informal. Which three?