Choose the word or word combination to match the definition.

1. The property of a company, person etc. that has value and can be sold to pay the debts.

a) liquid profits

b) liquid liabilities

c) liquid assets

 

2. Money spent regularly to keep a business running.

a) overheads

b) costs

c) profit

 

3. General term used for all types of stocks and shares.

a) investment

b) income

c) securities

 

4. Reduced in value (about currency).

a) devalued

b) cheap

c) declined

 

5. Money owed by a company; a debt.

a) assets

b) liabilities

c) costs

 

6. Money that is owed to a business.

a) reception

b) receivership

c) receivables

 

7. An amount of money spent.

a) income

b) expenditure

c) loss

 

8. A sum of money paid into a bank.

a) departure

b) deposit

c) debt

 

9. Buildings and the land they occupy.

a) precaution

b) premium

c) premises

 

10. The amount of money moving into and out of a business at a particular point in time.

a) cash flow

b) cash sale

c) cash deal

 

11. A rise in prices and lowering of currency's value.

a) injunction

b) inflation

c) insolvency

 

12. Offering company shares for sale to the public or on a stock exchange for the first time.

a) share register

b) share splitting

c) share flotation

 

13. A person or an organization that lends money and charges interest on the repayments.

a) tender

b) lender

c) licensor

 

14. A market where the general level of share prices is falling.

a) target market

b) bear market

c) bull market

 

15. A person or organization that buys and sells stock and shares.

a) stockbroker

b) dealer

c) market-maker

 

16. Contracts that give the right to buy and sell currencies and commodities at an agreed time in the future at a price agreed at the time of the deal.

a) options

b) futures

c) swaps

 

17. A group of different investments held by a private investor, or a financial organization.

a) gilts

b) treasury bonds

c) portfolio

 

18. A long-term loan from a bank for buying property, which is used as security.

a) turnover

b) revenue

c) mortgage

 

19. A summary list of income and expenses for a business.

a) cash flow statement

b) income statement

c) balance sheet

 

20. A person who examines the accounts of an organization to check they are true and correct.

a) auditor

b) accountant

c) administrator