Professional Documents
Culture Documents
p.81
p.82
exuberant –[igz ju:bərənt]- enthusiastic/excited /energetic; cheerful; lively; abundant , rich; lavish;
down payment- paying only a percentage of the total cost when you buy it. You then finish paying for it
fad - an activity or topic of interest that is very popular for a short time, but which people become bored
p.86
hedge fund -an offshore investment fund, typically formed as a private limited partnership, that engages
in speculation using credit or borrowed capital. A hedge fund is an alternative investment vehicle
available only to sophisticated investors, such as institutions and individuals with significant
assets. It is an alternative investment using pooled funds that employ numerous different strategies to
earn active return, or alpha, for their investors.
p.88 Tulipomania
of all things - out of all conceivable possibilities (used to express surprise).used to emphasize that the
thing one is referring to is the thing one would least expect;
extravagant – excessive
coil – ruloni;
to catch up with - to succeed in finding someone who has done something wrong, in order to
arrest or punish them.
daufiqrebloba; sisulele;
scope – masStabi;
underlying value -
the fundamental value of a company, and not its speculated or estimated future value. The underlying value mayre
flect both tangible and intangible value and, for that reason, may be difficult to calculate. However, it comes fromp
resent, fundamental information and not conjecture.
20-fold – ocmagi;
blip - an unexpected, minor, and typically temporary deviation from a general trend;
outcome – result
hoopimania = basketballomania