Active Vocabulary

Corporation корпорация

to establish учреждать

stock certificate акция

stockholder (shareholder) акционер, держатель акций

to attract financial resources привлекать финансовые ресурсы

to offer high salaries предлагать высокие зарплаты

to attract a large amount привлекать большой капитал

of capital капитал

educational, religious, образовательные, религиозные,

charitable institutions благотворительные учреждения

to issue stock выпускать акции

nonprofit неприбыльный

to reinvest вкладывать еще раз

Comprehension Questions

1. Who can own a corporation?

2. Is a corporation necessarily larger than a sole proprietorship?

3. What are the advantages of the corporate form of ownership?

4. What can you say about the disadvantages of the corporate form of ownership?

5. Do the corporations issue stock to stockholder?

6. What kind of corporations usually don't issue the stock?

7. What world-known corporations do you know?

8. What types of business usually take the corporate form of ownership?

Vocabulary Practice

Exercise 1. Choose the necessary word and put it in the sentence.

1. What kind of … is better: buying stock | 1charitable

or buying real estate? |

2. To attract greater financial... the |

company issues the stock. | 2 stock

3. A university can be... corporation. | 3 resources

4. The partners didn't put the same... |

into business. | 4 institution

5. The group of people from different |

countries are going to... a corporation. | 5 investment

6. The Red Cross is an international... |

organization. | 6 nonprofit

7. I want to buy some... in IBM and | 7 amount

General Motors. | of capital

8. An educational..'. usually reinvests |

all its money. | 8 to establish


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