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(单词翻译)
'Junk' bonuses now worth billions
Vocabulary
toxic debt
loans bought from other financial institutions which failed to make money because people and organisatios were unable to pay them back; such loans are thought of as poisonous
financial products
services that financial companies offer to help them make money, such as bank loans, mortgages and insurance policies
risky
dangerous, likely to fail, may cause loss or harm
secured
guaranteed
supermarket chain
group of supermarkets in different areas which all have the same name and are owned by the same company
plunged in value
was suddenly worth a lot less money than before
asset pool
collection of investments which the owners believe will go up in value rather go down
has soared
has suddenly increased or gone up
its rivals
its competitors in business
a bail out
money that has been given to an institution or a person to save them from going out of business
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