7 Financial Vocabulary Quiz

Last July's crisis sent financial markets into a ___________________.

• tailspin

• conundrum

• crisis

• downturn

John A. Thain is often credited with ___________________ the New York Stock Exchange.

• revitalizing

• refurbishing

• renovating

• transforming

He really turned this business ___________________.

• upside down

• around

• anew

• inside out

The new direction ___________________ among investors.

• created excitement

• made anxious

• fueled anxiety

• nerved up

A year after he arrived, he ___________________ a deal to merge with a rival bank.

• experienced

• expressed

• initiated

• executed

He took a ___________________ to work here.

• commission

• bonus

• salary increase

• pay cut

In finance, a 'writedown' refers to the process of reducing the book value of an asset because it is ___________________.

• depreciated

• valued

• undervalued

• overvalued

That bank did better than was expected last year because it took risks that it didn't fully ___________________.

• disclose

• discuss

• report

• close

Banks usually ___________________ higher rates on long-term loans.

• in charge

• charge

• provide

• offer

Great news! Our bank is now ___________________ higher rates on certain savings and checking accounts.

• providing

• practicing

• offering

• charging