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Listen to a Business English Dialogue About Pension parachute Madison: Hi Alan, have you heard about pension parachutes? Alan: Hi Madison, no, I haven’t. What are they? Madison: Pension parachutes are agreements that provide executives with substantial retirement benefits if…

Listen to a Business English Dialogue About Participating insurance Brooklyn: Hey Samuel, have you heard about participating insurance in finance? Samuel: Hi Brooklyn! Yes, participating insurance policies allow policyholders to receive dividends or other distributions based on the insurer’s financial…

Listen to a Business English Dialogue About Partial delivery Gabriella: Hey Brandon, have you ever heard of partial delivery in business and finance? Brandon: Yes, Gabriella, partial delivery refers to the delivery of only a portion of the total quantity…

Listen to a Business English Dialogue About Paper profit or loss Grace: Hi Nathaniel, do you know what paper profit or loss means? Nathaniel: Hi Grace, yes, paper profit or loss refers to the unrealized gains or losses on an…

Listen to a Business English Dialogue About Paired shares Ashley: Hey Patrick, have you ever heard of something called paired shares in finance? Patrick: No, I haven’t. What are they? Ashley: Paired shares are two separate classes of shares issued…

Listen to a Business English Dialogue About Paid up policy Victoria: Hi Lawrence, have you heard about paid-up policies in insurance? Lawrence: Hey Victoria, yes, a paid-up policy is when the policyholder stops paying premiums but still maintains coverage for…

Listen to a Business English Dialogue About Pac man strategy Addison: Hey Freddie, have you ever heard of the “Pac-Man strategy” in business? Freddie: Yes, Addison, I have. The Pac-Man strategy refers to a defensive takeover tactic where the target…

Listen to a Business English Dialogue About Pac bond Addison: Scott, have you heard of a “Pac bond” in finance? Scott: Yes, Addison, a “Pac bond” refers to a principal-at-risk note linked to a specific reference portfolio of mortgage-backed securities.…

Listen to a Business English Dialogue About Overnight position Eden: Hey Matthew, do you know what an overnight position is in business and finance? Matthew: Hi Eden, yes, an overnight position refers to holding a financial asset overnight, typically with…

Listen to a Business English Dialogue About Overlapping debt Abigail: Hi Benjamin, have you ever heard of overlapping debt in finance? Benjamin: No, I haven’t. What does it mean? Abigail: Overlapping debt refers to debt obligations that multiple government entities…