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[word-lover] 【整理】2008-04-20,Words and Their Stories

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Homework

 

Today we tell about some American expressions that are commonly used in business.

 

Bell sound, lighted messages appear, men and women worked computers, they talk on the telephone, the times they shout and run around. This noisy place is a stock exchange. Here expert sells people 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 the company earns money, its stock increases in value. If the company does not earn money, its 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 reason use of the word was that meaning, was an newspaper in Illinoi in 1837. It’s said the sells on the board were 1700 dollors 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 the bear market prices go down, in the bull market prices go up. Investors in a bear market promise to sell a stock in the future at a set price. But the investor does not own this stock yet. He or she which to buy it when a price drops. The meaning of a bear market is thought to come from an old story about a man who sold the skin of a bear before he caught the bear. And english dictionary of the 1600 said to sell a bear is to sell what one has not.

 

Word experts dispute the beginning of the word ‘bull’ in the stock market. But some say it came from a long connection of the two animals—the bulls and the bears. In sports said ** years ago in England.

 

Investors are always concerned about the possibility of a company failing. In the mordern ** a company that does not earn enough profit is set to go belly-up. A company that goes belly-up dies like a fish. Fish turned over on their backs when they die, so they are stomach or belly-up.

 

Stock market investors do not want that to happen to a company, they want a company who stock they own to earn more profit than expected. This would sharply increase the value of the stock. Investors are hoping for a windfall. The word ‘windfall’ comes from England of centuries ago. There, poor people were vanned from cutting trees and forests owned by rich landowners. But if the wind blew down a tree, a poor person could take the wood for fuel. So a windfall is something wonderful that happens unexpectedly.

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