Bankrupcy report - Vocabulary
Each sentence below is followed by a question. There are four options for each question. Tap the correct answer.
Question 1 out of 15
1. When a company goes out of business, it is said to -
| break down |
| trade down |
| open the books |
| shut up shop |
| right |
wrong |
2. A way to say that something is dead is to say it has given up -
| the bucket |
| the ghost |
| with life |
| for altogether |
| right |
wrong |
3. When you change the way that you repay debts, this is called -
| coughing up |
| refinancing |
| defaulting |
| bouncing |
| right |
wrong |
4. A deal where you must say yes or no, but you cannot change anything is called a -
| package deal |
| bargain |
| complete deal |
| devil's deal |
| right |
wrong |
5. People who are owed money are called -
| baliffs |
| depositors |
| dealers |
| creditors |
| right |
wrong |
6. A project which is the idea of one person is called that person's -
| incubus |
| albatross |
| thoughtform |
| brainchild |
| right |
wrong |
7. A company's idea of how it will make money is called its -
| business model |
| ad hoc measure |
| profit |
| moneyworthiness |
| right |
wrong |
8. Something you "did not take into account" is something you didn't -
| think about |
| pay for |
| employ |
| use temporarily |
| right |
wrong |
9. People who put money into a company are its -
| owners |
| backers |
| debtors |
| directors |
| right |
wrong |
10. One way for a company to find what its customers think is by -
| sales pitches |
| vox pops |
| market research |
| sales investigation |
| right |
wrong |
11. If you make sure that a bet will not cost too much, you -
| cut it |
| make it safe |
| hedge it |
| mortgage it |
| right |
wrong |
12. If you have not lost much, but not won much, you are said to -
| bounce back |
| roll over |
| start again |
| break even |
| right |
wrong |
13. In a "bear market" the value of shares goes -
| up |
| down |
| up and down |
| unchanged |
| right |
wrong |
14. Another word for "promise" is -
| nag |
| prayer |
| pledge |
| swearwords |
| right |
wrong |
15. Something that you will lose if you don't repay a debt is called -
| a morgage |
| collateral |
| spawn |
| hostage |
| right |
wrong |
