Understanding idioms and expressions. Match each expression in column 1 with its definition in column 2 by writing the correct numbers on the lines.

Match each expression in column 1 with its definition in column 2 by writing the correct numbers on the lines.

1. change hands __ a company has been permanently closed

2. cut off __ original price of a bond when issued

3. earn a living __ where stocks and bonds are sold

4. face value __ closed, usually temporarily

5. laid off __ accept less than you wanted or expected

6. out of business __ transfer from one owner to another

7. settle for __ how much of a product is available

compared to the amount consumers want to buy

8. shut down __ terminated, sometimes temporarily,

from a job because one is not needed

9. supply and demand __ make enough money to pay one's expenses

10. Wall Street __ prevent access to something

Taking words apart

Underline the correct word form (noun or adjective) to complete each sentence.

1. Capitalism is the (economy / economic) system of the U.S.

2. The American (economy / economic) depends on capitalists who invest in

businesses.

3. In a (capitalism/ capitalistic) economy, businesses are privately owned.

4. People buy stocks and bonds because they hope to make a (profit / profitable).

5. Sometimes their investments are (profit / profitable), and sometimes they lose money.

6. People who make a good living are (prosperity / prosperous).

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