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  1. #1

    on holdings

    Hi,
    I don' understand the word "on holdings of ", e.g.
    These banks have spent $billion between them on holdings of less than 10% in the county's top 3 commercial banks
    2) a leak to a press agency obliged him...
    3) to be keen on
    Last edited by me78; 03-Oct-2006 at 15:34.

  2. MikeNewYork's Avatar
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    #2

    Re: on holdings

    Quote Originally Posted by me78 View Post
    Hi,
    I don' understand the word "on holdings of ", e.g.
    These banks have spent $billion between them on holdings of less than 10% in the county's top 3 commercial banks
    2) a leak to a press agency obliged him...
    3) to be keen on
    "On holdings" is not an expression. The "on" belongs to "spent"; they spent money on something means that they bought that something or incurred expenses in maintaining that something. "Holdings" refers to assets that the bank owns: money, property, loans, etc.

    To "leak" to the press means to supply information that the press shouldn;t have.

    To be "keen on" someone or something is to like him/her/it very much.

  3. #3

    Re: on holdings

    thanks once again, maybe 100 time, almost

  4. MikeNewYork's Avatar
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    #4

    Re: on holdings

    Quote Originally Posted by me78 View Post
    thanks once again, maybe 100 time, almost
    You're welcome.

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