📚 Key vocabulary balance of payments — a record of all economic transactions between a country and the rest of the world over a period venture capital — financing provided to startups and early-stage companies with high growth potential in exchange for equity private equity — investment capital used to acquire or invest in companies that are not publicly listed on a stock exchange hedge — an investment or strategy used to reduce the risk of adverse price movements in an asset derivatives — financial contracts whose value is derived from the performance of an underlying asset or index capital gains — profit made from selling an asset at a higher price than it was purchased for dividend — a portion of a company's profits paid regularly to shareholders as a return on their investment IPO (Initial Public Offering) — the first sale of a company's shares to the public on a stock exchange leverage — the use of borrowed capital to increase the potential return of an investment portfolio — a collection of financial investments such as stocks, bonds, and cash equivalents held by an investor
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Choose the best response to complete each of the sentences below.
1. A __________________________ is someone who buys and sells stock.
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2. An insurance broker will help you find the best insurance __________________________ at the best price.
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3. A tax consultant is someone who can __________________________ you on how to pay less tax.
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4. A tax-__________________________ (or "IRS auditor" in the USA) is someone who makes sure that you're paying enough taxes.
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5. A company's finance _________________ (also known as a CFO) is usually that company's chief accountant.
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6. A bank _______________________ is a bank employee who deals directly with most customers.
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7. A bank manager is the person responsible for a particular _______________________ of a bank.
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8. A financial adviser is someone who advises people on how to __________________________ their finances. ( = financial affairs)
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9. My __________________________ always prepares my tax return for me.
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10. A venture capitalist is basically _________________________.
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