Match the verbs (1-6) with the phrases (a-f). Then match each combination with a definition (i-vi). 1 generate
2 pledge
a) as collateral
b) exposure
3 reveal
c) its stake
D to make cash
it to publicly declare the number of shares you own in
a company
ill) when a small (but significant enough) shareholder uses
its voting rights to veto a proposal at a company's AGM
iv) to reduce its value on the balance sheet
v) to use as security against a debt
vi) to protect against financial risk
4
exercise
5 hedge
6 write down
d) its position
e) liquidity
f) a blocking minority

ReichMan ReichMan    2   20.11.2020 09:06    56

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