UNIT 4

4.1 merger (n) /ˈmɜːdʒə(r)/ the act of joining two There has been a
or more organizations merger between A
or businesses into one company and B
4.1 acquisition (n) /ˌækwɪˈzɪʃn/ a company, piece of Vingroup has made a
land, etc. bought by successful acquisition :
somebody, especially an electricity car
another company; the company
act of buying it
4.1 pitchbook (n) /pɪʧ bʊk/ a sales document Every banks need a
created by an pitchbook to show
investment bank or their finance history
firm and an overview
about their firm
4.1 proprietary trading /prəˈpraɪətəri trading by a financial Many banks take part
ˈtreɪdɪŋ/ organization to make a in proprietary trading
profit for itself rather activities in order to
than its customers make profit for
themselves
4.1 commensurate /kəˈmenʃərət/ matching something in 1000 meters
(adj) size, importance, commensurate with
quality, etc. 1km
4.2 bold (adj) /bəʊld/ not afraid to say what She is a bold
you feel or to take risks businessman who do
not fear anything
4.2 compliance (n) /kəmˈplaɪəns/ the practice of obeying The four largest
rules or requests made accounting firms in
by people in authority the United States said
were in compliance
with the international
fianacial laws
4.2 capital (n) /ˈkæpɪtl/ wealth or property Our CEO has
that is owned by a successfully raising
business or a person huge capital up to
and can be invested or 1million dollar
used to start a
business
4.3 conservative (adj) /kənˈsɜː.və.tɪv/ not usually liking or His belief in God ,
trusting change, which he is
especially sudden conservative with ,
change give him hope in
difficult time in his life
4.3 trade confirmation /treɪd ˌkɒnfə the printed notification We have to wait a
(n) ˈmeɪʃən/ of a securities trade confirmation in
transaction order to make sure
that we have made
transaction
successfully
4.3 state-of-the-art /ˌsteɪt əv ði ˈɑːt/ using the most modern Our house's furniture
(adj) or advanced has been updated to
techniques or state-to-the-art
methods; as good as it
UNIT 4
can be at the present
time
4.4 quid pro quo (n) /ˌkwɪd prəʊ a thing given in return The company has
ˈkwəʊ/ for something else promised a quid pro
quo for their funds
4.4 breach (n) /briːtʃ/ a failure to do The company is
something that must accussed of a breach
be done by law in larbo contract by a
employee
4.4 fiduciary (adj) /fɪˈdjuːʃəri/ involving trust, Everytime she send
especially in a situation somebody money ,
where a person or she always makes
company controls them sign a contract
money or property of fiduciary duty
belonging to others
4.4 violate (v) /ˈvaɪəleɪt/ to go against or refuse She has been arrested
to obey a law, an because of violating
agreement, etc. the financial rule