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22CNT - UNIT 1
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When a company gains control of another one by buying its stocks.
takeover
Securities representing part-ownership of a company.
shares or stocks
Money paid to a retired person.
pension
Groups of companies that have joined together.
conglomerates
When two formerly separate companies join together.
merger
People who put money in bank accounts.
depositors
Sums of money paid as penalties for breaking the law.
fines
Interest-paying securities issued by companies that need to borrow money.
bonds
The money invested in a business.
capital
A loan to buy property.
mortgage
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