Answer Key
Investments – New Vocabulary Practice
Fill in the missing words. Choose one of the words below. Sometimes you need to put them in the right form.
- BOASTED
- SMOOTH
- OUTLANDISH
- PIE
- SANITY
- CLAIMS
- VOLATILE
- LOAD
- SKY
- I hope the transaction will be [smooth] . What we really don't need are complications and delays.
- [unscrupulous] politicians helped many countries get into debt.
- The fund [boasted] 50% returns, so many people invested with it and lost their money.
- [claims] of 20% returns per month are completely unrealistic.
- After what he has done, everybody is doubting his [sanity] .
- The real estate market seems too [volatile] for a safe investment.
- What the agency promised to the applicants was just a [pie] in the [sky] .
- It's hard to believe that a government minister could make such [outlandish] mistakes!
- A mutual fund in which shares are sold without a commission or sales charge is called a no [load] fund.
- Investing with borrowed money as a way to amplify potential gains is called [leverage] .