Учебно-методическое пособие по обучению профессиональному общению. Коровина Н.А - 42 стр.

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83
3. what shops keep in reserve – _________ – another word for
shares;
4. London, Paris are this kind of city – _________ – money to
invest in business;
5. Example of an artist’s or designer’s work – ______ – range
of shares kept by investors.
TEXT 2
The Stock Exchange
Stock Exchange plays a very important part in a country’s eco-
nomic growth because they allow businesses to obtain, from the gen-
eral investing public, capital to start up and to grow. They also provide
a place where the investors can buy or sell shares. If you are a share-
holder (have a stake in a company) and you want to get back the
money you have put into a company, you must sell your shares at the
Stock Exchange. The Stock Exchange is a place where shares are
bought and sold. Fixed-interest securities, bonds and ordinary shares
or stocks are the main stock-in-trade of the stock market. Government
stocks or gilt-edged securities are also traded. The Stock Exchange
operates mainly through stockbrokers who handle transactions for
their clients. Each transaction is carried out in public and the informa-
tion is sent electronically to every brokerage office in the nation.
The price of shares is controlled by the amount of people will-
ing to pay for them. Share prices are sure to fluctuate as market condi-
tions change.
If the company is making a profit, other people may want to buy
shares in it, so may be able to sell shares at a higher price than you
paid for them. If you bought 100 shares at $1.00 each and you sold
them later at $1.50 each, you would make $50 profit on the 100 shares,
as well as keeping any dividend paid during the period when you
owned the shares.
But if business is not going well, other people may not be will-
ing to pay as much as $1.00 a share. If they think the company may do
well in the end, they might pay 80 p. a share. If the business is really
failing no one will buy the shares at all you risk losing all your money.
84
The first Stock Exchange was established in 1773 in London. It
was the biggest in the world until 1914. Now it is the third to Tokyo
and New York.
Answer the questions:
1. What role does Stock Exchange play in a nation’s economy?
2. What are the ways of earning a return on money?
3. What is the Stock Exchange?
4. What types of securities do you know?
5. What would you do with the shares of the company if:
a) it is making a profit?
b) it is not going well? 
       3. what shops keep in reserve – _________ – another word for               The first Stock Exchange was established in 1773 in London. It
shares;                                                                     was the biggest in the world until 1914. Now it is the third to Tokyo
       4. London, Paris are this kind of city – _________ – money to        and New York.
invest in business;
       5. Example of an artist’s or designer’s work – ______ – range              Answer the questions:
of shares kept by investors.                                                      1. What role does Stock Exchange play in a nation’s economy?
                                                                                  2. What are the ways of earning a return on money?
      TEXT 2                                                                      3. What is the Stock Exchange?
                         The Stock Exchange                                       4. What types of securities do you know?
                                                                                  5. What would you do with the shares of the company if:
       Stock Exchange plays a very important part in a country’s eco-                a) it is making a profit?
nomic growth because they allow businesses to obtain, from the gen-                  b) it is not going well?
eral investing public, capital to start up and to grow. They also provide
a place where the investors can buy or sell shares. If you are a share-
holder (have a stake in a company) and you want to get back the
money you have put into a company, you must sell your shares at the
Stock Exchange. The Stock Exchange is a place where shares are
bought and sold. Fixed-interest securities, bonds and ordinary shares
or stocks are the main stock-in-trade of the stock market. Government
stocks or gilt-edged securities are also traded. The Stock Exchange
operates mainly through stockbrokers who handle transactions for
their clients. Each transaction is carried out in public and the informa-
tion is sent electronically to every brokerage office in the nation.
       The price of shares is controlled by the amount of people will-
ing to pay for them. Share prices are sure to fluctuate as market condi-
tions change.
       If the company is making a profit, other people may want to buy
shares in it, so may be able to sell shares at a higher price than you
paid for them. If you bought 100 shares at $1.00 each and you sold
them later at $1.50 each, you would make $50 profit on the 100 shares,
as well as keeping any dividend paid during the period when you
owned the shares.
       But if business is not going well, other people may not be will-
ing to pay as much as $1.00 a share. If they think the company may do
well in the end, they might pay 80 p. a share. If the business is really
failing no one will buy the shares at all you risk losing all your money.


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