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Unit 3 Money
Financial vocabulary and figures
Economic situation
Shares and currencies
Accounting
SUCCESS
FAILURE
Good times… bad times…
Good times… bad times…
Sentence correction.
T1:
UK Economy
T2:
UK Economy
T3:
UK Economy
UK Economy
T4:
to hedge to speculate
to invest to deal
Financial activities
Financial activities
b c e
What is a share?
Part of a company’s profit.
A regular payment received from an investment.
A share in the ownership of a company.
Shares and currencies
c
Build two vocabulary networks around these topics:
Currency
Shares
Shares and currencies
What date was “Black Monday”?
_________________________________________
How much money was lost on the London market?
_________________________________________
By how much points did the Dow Jones index fall?
_________________________________________
What percentage was this?
_________________________________________
When was the previous great stock market crash?
_________________________________________
By how much did the market fall then?
_________________________________________
Shares and currencies
17th, Oct. 1987
$50 billion
508 points
20%
1929
10%
The language of graphs
Verbs used in the news:
fell; plunged; soared; stabilize, recover
UP
DOWN
NO CHANGE
The language of graphs
What verbs do you think best describe points 1 to 10 of this graph?
Listen to the financial news report and fill in the table.
What do the two pictures show?
Accounting
Find the terms which mean the following:
what a company owns:
the total amount of sales:
what a company owes:
the profit made by the normal activities of a business:
the goods which a business intends to sell to its customers:
Accounting
stock
turnover
liabilities
operating profit
assets
Listen to the people making some brief calculations during a meeting. Write down the calculations they make in the spaces provided.
$120
50 000
50 000
$120
6m
6
3.5
£7415
£13 350
£60 050
22 500
52 50
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