1. The Stock Market

2. Contents Key Vocabulary: The Stock Market
Language Focus: The Third Conditional; Phrasal Verbs, Advebs: yet, still, already
Skills: Analysing share price listings, Buying shares, Listening to a radio stock market report

3. Key Vocabulary
stock market (or stock exchange) – a place for buying and selling shares
shares ( US stocks) – units of capital
equities -shares issued by a company entitling their holders to a dividend according to the profits of the company and to a claim on net assets
to issue – to publish, to emit
investors - someone who gives capital in order to gain financial returns
broker - an agent who buys or sells goods, securities
shareholder (US stockholder) - the owner of shares in a company
dividend - part of a company's profits paid to its shareholders
bonds – loans for fixed periods with fixed interest rates
securities - a certificate of ownership, such as a share, stock, or bond
to trade – to buy and sell for profit

4. Possible Exam Question
Name as many as possible verbs which can describe the change in the share price.

5. Answer Intransitive verbs – verbs which do not have objects
Transitive verbs – verbs which have objects
Upward movement
Intransitive verbs: increase, rise, go up, soar, rocket.
The population is increasing.
Transitive verbs: increase, raise.
The government has raised taxes.
Downward movement
Intransitive verbs: decrease, go down, fall, decline, drop, slide, slip plummet.
The prices have fallen.
Transitive verbs: decrease, reduce, drop.
We reduced our prices.
Level off, fluctuate, stay the same

6. Listening, pg. 75

7. Reading, pg. 80

8. Listening, pg. 82
The average price of Paris-Londn flight increased/rose BY 50 euros.

9. Listening, pg. 82

10. Listening, pg. 82

11. Writing, pg. 83

13. Phrasal verbs, pg. 78 Call off - cancel Buy up - purchase
Look after - supervise
Go about – start doing sth
Thnik over – reflect upon
Point out – draw attention
Call on - visit
Let down - disappoint

14. Third Conditional, pg. 78

17. Yet, Still, Already