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Listen to a Business English Dialogue About London metalexchange Ariel: Hi Lawrence, have you heard of the London Metal Exchange? It’s a commodities exchange where traders buy and sell contracts for metals like copper, aluminum, and zinc. Lawrence: Oh, interesting.…

Listen to a Business English Dialogue About London interbank offered rate Arianna: Hi Eugene, have you heard about the London Interbank Offered Rate (LIBOR)? Eugene: Hi Arianna, yes, it’s a benchmark interest rate that banks use to lend to each…

Listen to a Business English Dialogue About Locked in Aubrey: Hi Ronald, have you heard about being “locked in” in business and finance? Ronald: Yes, Aubrey. Being “locked in” refers to a situation where someone is committed to a particular…

Listen to a Business English Dialogue About Lock box Gabriella: Hi Nicholas, have you heard of a lock box in finance? It’s a system used by businesses to expedite the processing of payments. Nicholas: Oh, interesting. How does it work?…

Listen to a Business English Dialogue About Local taxes Sarah: Hi Carl, do you know much about local taxes? They’re taxes imposed by local governments on income, property, sales, or other activities within their jurisdiction. Carl: Oh, I see. Are…

Listen to a Business English Dialogue About Loan value Madison: Hi Christian, do you know what loan value means in finance? Christian: Hey Madison, yes, loan value refers to the maximum amount of money a lender is willing to lend…

Listen to a Business English Dialogue About Listing requirements Mariah: Hey Kevin, have you ever looked into listing requirements for companies? Kevin: No, not really. What are they? Mariah: Listing requirements are the criteria that companies must meet to have…

Listen to a Business English Dialogue About Liquidating value Savannah: Hi Ralph, have you heard of “liquidating value” in business and finance? Ralph: Yes, Savannah. It’s the estimated value of a company’s assets if they were sold off individually in…

Listen to a Business English Dialogue About Limited warranty Leah: Hey Larry, do you know what a limited warranty is in business? Larry: Hi Leah, yes, I do. A limited warranty is a promise by a manufacturer or seller that…

Listen to a Business English Dialogue About Limited trading authorization Katherine: Hi George, have you heard about limited trading authorization in finance? George: No, I haven’t. What is it? Katherine: Limited trading authorization is when you give someone else permission…