20:50 Nov 11, 2007 |
English language (monolingual) [PRO] Bus/Financial - Finance (general) | |||||||
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| Selected response from: JohnGBell Local time: 11:09 | ||||||
Grading comment
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SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
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4 +3 | the following rise in the stockmarkets |
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4 +1 | latter rebound (recovery) of the value of property or claims |
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latter rebound (recovery) of the value of property or claims Explanation: equity in this sense 3 a: a right, claim, or interest existing or valid in equity b: the money value of a property or of an interest in a property in excess of claims or liens against it c: a risk interest or ownership right in property d: the common stock of a corporation Mike :) -------------------------------------------------- Note added at 9 mins (2007-11-11 21:00:23 GMT) -------------------------------------------------- "rally" here is used as a rebound or recovery Look at meaning 1c from the Merriam-Webster Dictionary: 2rally Function: noun Inflected Form(s): plural rallies Date: 1651 1 a: a mustering of scattered forces to renew an effort b: a summoning up of strength or courage after weakness or dejection c: a recovery of price after a decline d: a renewed offensive |
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the following rise in the stockmarkets Explanation: Here equities would refer to the stockmarkets. The pricing of stocks is very sensitive to market data, such as the Fed's interest rates. In the market for Nasdaq equities, in contrast, trading interest is much more divided among different market centers. It is primarily a dealer market, ... http://www.sec.gov/rules/sro/ny9948n.htm |
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