1. Windfall (noun)
An amount of money that you win or receive from someone unexpectedly
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The word windfall comes from England of centuries ago. There, poor people were banned from cutting trees in forests owned by rich land owners. But, if the wind blew down a tree, a poor person could take the wood for fuel. So a windfall is something wonderful that happens unexpectedly.
Another example: In the stock, investors are hoping for a windfall.
Investors and brokers watch the Big Board to see if the stock market is a bull market or a bear market. In a bear market, prices go down. In a bull market, prices go up.
2. Broker (noun)
A person who buys and sells foreign money, shares in companies, etc., for other people, or a person who talks to opposing sides, especially governments, making arrangements for them or bringing to an end disagreements
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Other examples:
-I called my broker for advice about investing in the stock market.
-During the war Wallas became a power broker in governmental circles.
3. Big Board (noun)
US INFORMAL FOR the New York Stock Exchange: an organization in New York which controls the buying and selling of parts of the ownership of companies.
We cn get example and picture from this website:
Another example:In Big Board composite trading yesterday, the company's shares closed at $44.50.
4. Bull market (noun)
In Stock, a time when the prices of most shares are rising or increasing
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Another example:The stock market hit an 11-year low in 1974, paving the way for strong economic growth and a bull market. As interest rates fell, the new bull began. As it turned out, 1975 was a good year, but it would also be the last year the US experienced a positive trade balance, with a $12.4 billion surplus.
5. Bear market (noun)
Opposite meaning with bull market
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Another example: "It's a dangerous thing. Bear markets can last many years."
6. Go/turn belly up
A company that does not earn enough profit.
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Another example: A company that goes belly up dies like a fish. Fish turn over on their backs when they die. So they are stomach, or belly, up...
7. Profit (noun)
Money which is earned in trade or business, especially after paying the costs of producing and selling goods and services
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Another example: She makes a big profit from selling waste material to textile companies.
8. Rain cats and dogs (noun phrase)
Rain too hard
For example: A rainstorm may cool the weather. But we do not want it to rain too hard. We do not want it to rain cats and dogs.
9. every dog has its day
This means that every person enjoys a successful period during his or her life.
Another example: Every dog has its day, but Don has not.
10. can never teach an old dog new tricks
They believe that older people do not like to learn new things and will not change the way they do things.
Another example: It wastes time when you try to change her mind. Never teach an old dog new tricks.
1 comment:
Hi Tran,
Thanks. I suppose this is Journal #5....
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