full transcript

From the Ted Talk by Eleni Gabre-Madhin: A commodities exchange for Ethiopia

Unscramble the Blue Letters

At the same time, what's very fundamental to this market is that -- and again, an innovation that we've designed for our eagchnxe -- is that the exchange will operate warehouses around the country, in which grade certification and whuaoerse receipting will be done. And in turn, we'll operate an in-house clearing system, to assure that payment is done appropriately, in the right anmout and at the right time, so that basically, we create trust and integrity in the system. Obviously, we work with exchange actors, and as we're dipvnleoeg the exchange market itself, we're also developing the regulatory infrastructure and legal faowmrerk, the overarching legal framework for mkaing this market work.

Open Cloze

At the same time, what's very fundamental to this market is that -- and again, an innovation that we've designed for our ________ -- is that the exchange will operate warehouses around the country, in which grade certification and _________ receipting will be done. And in turn, we'll operate an in-house clearing system, to assure that payment is done appropriately, in the right ______ and at the right time, so that basically, we create trust and integrity in the system. Obviously, we work with exchange actors, and as we're __________ the exchange market itself, we're also developing the regulatory infrastructure and legal _________, the overarching legal framework for ______ this market work.

Solution

  1. making
  2. exchange
  3. developing
  4. warehouse
  5. amount
  6. framework

Original Text

At the same time, what's very fundamental to this market is that -- and again, an innovation that we've designed for our exchange -- is that the exchange will operate warehouses around the country, in which grade certification and warehouse receipting will be done. And in turn, we'll operate an in-house clearing system, to assure that payment is done appropriately, in the right amount and at the right time, so that basically, we create trust and integrity in the system. Obviously, we work with exchange actors, and as we're developing the exchange market itself, we're also developing the regulatory infrastructure and legal framework, the overarching legal framework for making this market work.

Frequently Occurring Word Combinations

ngrams of length 2

collocation frequency
commodity exchange 6
small farmers 5
rural africa 3
africa today 3
chicago board 3
gross national 2
nobel prize 2
million people 2
agricultural output 2
nearest local 2
market risk 2
maize prices 2
direct implications 2
ethiopia commodity 2
tremendous losses 2
warehouse receipts 2
commodity exchanges 2
ecx edge 2
legal framework 2
price premium 2

Important Words

  1. actors
  2. amount
  3. appropriately
  4. assure
  5. basically
  6. certification
  7. clearing
  8. country
  9. create
  10. designed
  11. developing
  12. exchange
  13. framework
  14. fundamental
  15. grade
  16. infrastructure
  17. innovation
  18. integrity
  19. legal
  20. making
  21. market
  22. operate
  23. overarching
  24. payment
  25. receipting
  26. regulatory
  27. system
  28. time
  29. trust
  30. turn
  31. warehouse
  32. warehouses
  33. work