Answer Key
Vocabulary test
Drag & drop: Fill in the missing expression. Use the following words and phrases:
- hostile takeover
- chain store
- turnover
- convenience store
- stake
- rally
- balance sheet
- niche market
- discount
- fixed assets
- [Discount] can refer to a reduction in the price of something, or to ignoring or not taking something seriously.
- "Aggressive acquisition” is another way to say [hostile takeover] .
- [Niche market] comes from the words for "a small place for something special” and "a place to sell goods”.
- To [rally] can refer to an economic recovery, or, for example, to come from behind to win a sports contest.
- The first word of the term [convenience store] means "ease and comfort of use”.
- If your company's [balance sheet] is "in the black”, you are doing well, but if is "in the red”, you are losing money.
- A [chain store] is a place of business that is one of several or many just like it.
- The word [stake] can mean the amount of investment you have in a company, or a short, sharp piece of wood, plastic or metal designed to be driven into the ground, for example to support a tent.
- [Turnover] can mean either the amount of shares traded on the market in a given day, the amount of goods a company sells, or the amount of money they receive from these sales.
- The term [fixed assets] , which means items owned by a business that are not easily converted into cash, comes from words that mean "unmoving, anchored in place”, and "things of value”.