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American expressions that are commonly used in business

andyg 于2007-01-06发布 l 已有人浏览
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&raquo Download Audio(mp3) By Jeri Watson 2007-1-6 I'm Phil Murray with Words and Their Stories, a prog

» download audio(mp3)
by jeri watson
2007-1-6

i'm phil murray with words and their stories, a program in special english on the voice of america. today we tell about some american expressions that are commonly used in business.

(music)

bells sound. lighted messages appear. men and women work at computers. they talk on the telephone. at times they shout and run around.

this noisy place is a stock exchange. here expert salespeople called brokers buy and sell shares of companies. the shares are known as stocks. people who own stock in a company, own part of that company.

people pay brokers to buy and sell stocks for them. if a company earns money, its stock increases in value. if the company does not earn money, the stock decreases in value.

brokers and investors carefully watch for any changes on the big board. that is the name given to a list of stocks sold on the new york stock exchange.

the first written use of the word with that meaning was in a newspaper in illinois in eighteen thirty-seven. it said: "the sales on the board were one thousand seven hundred dollars in american gold."

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.

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