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Economic Background
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bear market
(cf. bull market)
In a bear market, falling prices makes investors nervous.
In a bull market, prices of shares are generally rising.
blue chips
Managers of large mutual funds companies invest in blue chips because of their safety level.
bonds
Stocks are not as safe as money in the bank or bonds.
boom
cf. on the rebound
An increased employment rate is one of the first sides of an economic boom.
After a long recession, the economy is on the rebound.
broker
It's not easy to be a successful stock broker on Wall Street.
common stock
Since you are a holder of common stocks, you have the right to have one vote per share.
currencies
Where can I exchange currencies?
current account deficit
(cf. current account surplus)
Because of the increased costs in production, there is a current
account deficit.
That company's financial records show a current account surplus.
dividend
Because of dividends on the new stock, per-share earnings decreased.
economic growth
Korea's economic growth has reached its peak.
economic indicator
The latest economic indicator shows an upward trend in bank loans.
economic outlook
While newspapers show a bleak economic outlook, economists seem to have a positive outlook.
equity
We plan to create the first private equity marketplace.
face value
23 percent of all listed companies have fallen below their face value.
futures market
In order to succeed in the futures market, please research the stock exchange.
GDP (Gross Domestic Product)
GDP is the value of goods and services produced within the country.
Good trade relations are necessary to increase GNP.
high-cost, low-efficiency
Too many managers in a small company cause high-cost and low-efficiency.
investor
(cf. speculator)
They now allow foreign investors and speculators to participate in the
stock market.
Many institutional investors feel that most companies are trading at
high P/E multiples.
issue share
(cf. list, float)
The government allowed major banking institutions to issue new shares to the general public.
ABC company trades as a listed stock, but its parent company is unlisted.
According to the news report, the company will float additional public shares.
market downturn
When the unemployment rate increases, there is always a market downturn.
recession
A slowdown in the market could be the first sign of a recession.
A severe recession means that there is a slump in the economy.
In times of prosperity money circulates quickly, but during a depression it
circulates slowly.
The economic crisis in the 1990's caused a high level of unemployment.
securities
A growing number of domestic investment & trust, insurance, and securities companies placed buy orders for more foreign currency securities.
stagflation
(cf. stagnation)
American economists now predict stagflation in the European economy.
A decade of stagnation was followed by a decade of decline.
stock exchange
The New York Stock Exchange, which is located on Wall Street, is
the American financial center.
stock market
The American stock market affects the price of stocks internationally.
swap
The company arranged to swap its dollar liability for Wons.
turnover
Turnover is up tenfold since last month's decreased levels.
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