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Listen to a Business English Dialogue About Pickup bond Paisley: Hey Peyton! Have you ever heard of pickup bonds? Peyton: Hi Paisley! Yes, pickup bonds are bonds that are issued by a company in exchange for debt or equity securities…

Listen to a Business English Dialogue About Physical inventory Julia: Hi Quinn, do you know what physical inventory is in business? Quinn: Yes, it’s when a company counts all of its actual physical goods in stock. Julia: That’s right. It’s…

Listen to a Business English Dialogue About Philadelphiastock exchange Orla: Hi Elizabeth, have you heard about the Philadelphia Stock Exchange? Elizabeth: Yes, Orla. The Philadelphia Stock Exchange, also known as PHLX, was a stock exchange located in Philadelphia, Pennsylvania, that…

Listen to a Business English Dialogue About Phantom income limited partnership Aubrey: Hi Paisley, have you heard about phantom income limited partnerships? Paisley: No, I haven’t. What are they? Aubrey: Phantom income limited partnerships are investment partnerships where investors might…

Listen to a Business English Dialogue About Personal income Natalie: Hey, Kennedy! Do you know what personal income includes? Kennedy: Hi, Natalie! Yes, personal income typically includes wages, salaries, bonuses, and any other earnings from employment or self-employment. Natalie: Right!…

Listen to a Business English Dialogue About Perpetual bond Arianna: Hi Samantha, have you ever heard of a “perpetual bond” in finance? Samantha: Hi Arianna! Yes, a perpetual bond is a type of bond that pays interest indefinitely, and the…

Listen to a Business English Dialogue About Periodic purchase deferred contract annuity Lola: Hi Faith, have you heard about periodic purchase deferred contract annuities? Faith: Hi Lola, yes, they’re a type of annuity where you make periodic contributions, and the…

Listen to a Business English Dialogue About Period certain annuity Ariana: Hi Serenity, have you heard about period certain annuities? Serenity: Hi Ariana! Yes, period certain annuities guarantee payments for a specific period, regardless of whether the annuitant is alive…

Listen to a Business English Dialogue About Performance fund Sofia: Hey, Autumn! Have you heard about performance funds in the world of business and finance? Autumn: Hi Sofia! Yes, I have. Performance funds are investment funds that aim to achieve…

Listen to a Business English Dialogue About Performance fund mutual fund Elise: Hi Addison, have you ever invested in a performance fund mutual fund? Addison: Hi Elise! Yes, I have. A performance fund mutual fund is a type of investment…