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Listen to a Business English Dialogue About Discount window Bruce: Hi Willow, have you ever heard of the discount window in banking? Willow: Hi Bruce, yes, I have. It’s a tool used by central banks to lend money to commercial…

Listen to a Business English Dialogue About Discount broker Philip: Hi Katherine, have you ever used a discount broker for investing? Katherine: Hi Philip, yes, I have. Discount brokers offer trading services at lower fees compared to full-service brokers. Philip:…

Listen to a Business English Dialogue About Discontinued operations Mark: Isabella, do you know what discontinued operations are in accounting? Isabella: Yes, Mark. Discontinued operations are when a company decides to sell or close down a segment of its business.…

Listen to a Business English Dialogue About Disclaimer of opinion Brian: Hi Nora, have you ever heard of a “disclaimer of opinion” in business and finance? Nora: No, I haven’t. What does it mean? Brian: A “disclaimer of opinion” is…

Listen to a Business English Dialogue About Developmental drilling program Arthur: Emma, have you heard of a developmental drilling program? Emma: No, what is it? Arthur: A developmental drilling program is a strategy used by oil and gas companies to…

Listen to a Business English Dialogue About Depository trust company Roy: Hey Leah, have you heard of the Depository Trust Company (DTC)? Leah: Yes, it’s a central securities depository in the United States that holds and facilitates the transfer of…

Listen to a Business English Dialogue About Depositary receipt Alexander: Samantha, have you ever heard of a depositary receipt? Samantha: No, what is it? Alexander: A depositary receipt is a certificate issued by a bank representing shares of a foreign…

Listen to a Business English Dialogue About Demand pull inflation Eugene: Mia, have you heard about demand-pull inflation? Mia: No, what is it? Eugene: Demand-pull inflation occurs when demand for goods and services exceeds their supply, leading to an increase…

Listen to a Business English Dialogue About Delivery versus payment Kenneth: Hi Natalie, have you ever heard of “delivery versus payment” in business and finance? Natalie: Yes, I have. Delivery versus payment (DVP) is a securities settlement method where the…

Listen to a Business English Dialogue About Deliverable bills Brandon: Hey Mary, have you ever dealt with deliverable bills in our business? Mary: Yes, I have. They’re bills of exchange that are physically delivered to the creditor upon maturity. Brandon:…