- •Рецензенты:
- •Ю.А. Башкатова;
- •А.В. Колегаева
- •Предисловие
- •Lesson 1
- •1.2 Read and translate the text Financial institutions
- •1.3 Answer the questions to the text:
- •1.11 Read the dialogue
- •1.12 Role play. Work in pairs. Make up dialogues of your own.
- •1.13 Translate into English
- •1.14 Fill in the blanks with proper words given below:
- •Correspondent banking relationship
- •1.15 Comprehension questions
- •Lesson 2
- •2.1 Study the following words and phrases:
- •2.2 Read and translate the text Federal Reserve System
- •2.3 Answer the questions to the text:
- •2.8 Choose the correct answer
- •2.9 Choose one phrase that expresses the main idea of the text
- •2.10 Substitution Drill
- •2.11 Read the dialogue
- •2.12 Role play. Work in pairs. Make up dialogues of your own.
- •2.13 Describe the procedures of the Fed and their effect on the economy.
- •2.14 Translate into English
- •Lesson 3
- •3.1 Study the following words and phrases:
- •3.2 Read and translate the text Developments in banking
- •3.3 Answer the questions to the text:
- •3.8 Choose the correct answer
- •3.9 Choose one phrase that expresses the main idea of the text
- •3.10 Substitution drill
- •3.11 Read the dialogue
- •3.12 Role play. Work in pairs. Make up dialogues of your own.
- •3.13 Translate into English
- •3.14 Fill in the blanks with proper words given below:
- •Transferring funds abroad
- •3.15 Comprehension questions
- •Lesson 4
- •Study the following words and phrases:
- •4.2 Read and translate the text Financial management
- •4.3 Answer the questions to the text:
- •4.8 Choose the correct answer
- •4.9 Choose one phrase that expresses the main idea of the text:
- •4.10 Substitution drill
- •4.11 Read the dialogue
- •4.12 Role play. Work in pairs. Make up dialogues of your own.
- •4.13 Fill in the blanks with proper words given below:
- •International movement of currency
- •4.14 Comprehension questions
- •Lesson 5
- •5.1 Study the following words and phrases:
- •5.2 Read and translate the text How funds flow through a business
- •5.3 Answer the questions to the text:
- •5.8 Choose the correct answer
- •5.9 Substitution drill
- •5.10 Read the dialogue
- •5.11 Role play. Work in pairs. Make up dialogues of your own.
- •5.12 Translate into English
- •5.13 Fill in the blanks with proper words given below:
- •Letters of credit
- •5.14 Comprehension questions
- •Lesson 6
- •Study the following words and phrases:
- •6.2 Read and translate the text Starting - up financing
- •6.3 Answer the questions to the text:
- •6.8 Choose one phrase that expresses the main idea of the text
- •6.9 Substitution drill
- •6.10 Read the dialogue
- •6.11 Role play. Work in pairs. Make up dialogues of your own.
- •6.12 Translate into English
- •6.13 Fill in the blanks with proper words given below:
- •Commercial bank lending I
- •6.14 Comprehension questions
- •Lesson 7
- •7.1 Study the following words and phrases:
- •7.2 Read and translate the text Sources of funds I
- •7.3 Answer the questions to the text:
- •7.8 Choose the correct answer
- •7.9 Choose one phrase that expresses the main idea of the text
- •7.10 Substitution drill
- •7.11 Read the dialogue
- •7.12 Role play. Work in pairs. Make up dialogues of your own.
- •7.13 Translate into English
- •7.14 Fill in the blanks with proper words given below:
- •Commercial bank lending II
- •7. 15 Comprehensive questions
- •Lesson 8
- •8.1 Study the following words and phrases:
- •8.2 Read and translate the text Sources of funds II
- •8.3 Answer the questions to the text:
- •8.4 Find the English equivalents to the following phrases in the text:
- •8.5 Make up ten English sentences using words from the active vocabulary of the lesson
- •8.6 Which passage of the text contains information on:
- •8.7 Are these statements true, false, or not mentioned in the text?
- •8.8 Choose the correct answer
- •8.9 Choose one phrase that expresses the main idea of the text
- •8.10 Substitution drill
- •8.11 Read the dialogue
- •8.12 Role play. Work in pairs. Make up dialogues of your own.
- •8.13 Translate into English
- •Lesson 9
- •9.1 Study the following words and phrases:
- •9.2 Read and translate the text Long term financing (common stock, preferred stock)
- •9.3 Answer the questions to the text:
- •9.4 Find the English equivalents to the following phrases in the text:
- •9.10 Read the dialogue
- •9.11 Role play. Work in pairs. Make up dialogues of your own.
- •9.12 Fill in the blanks with proper words given below:
- •Foreign exchange I
- •9.13 Comprehension questions
- •Lesson 10
- •10.1 Study the following words and phrases:
- •10.2 Read and translate the text
- •Investors
- •10.3 Answer the questions to the text:
- •10.10 Read the dialogue
- •10.11 Role play. Work in pairs. Make up dialogues of your own.
- •10.12 Translate into English
- •Bibliography
- •Dictionaries
- •Содержание
- •Демиденко Ксения Анатольевна
- •650992, Г. Кемерово, пр. Кузнецкий, 39. Тел 75-74-16.
4.13 Fill in the blanks with proper words given below:
(a) bank |
(c) establishment |
(e) maintain |
(g) traveller’s |
(b) tourists |
(d) payment |
(f) services |
(h) banks |
International movement of currency
The most important part of a correspondent banking relationship is the (1) … of one or several accounts. For example, a foreign bank can (2) … a dollar account with a nited States bank. Seen from the perspective of the foreign (3) … this is called a due from account or a “nostro” account. Deposits to this account result from the cashing of dollar (4) … checks in the foreign country by (5) …, personal checks that travellers write to pay for goods and (6) …, letter of credit negotiations and so on. Seen from the perspective of the United States bank this is called a due to account or a “vostro” account. Debits to the due to account arise when the foreign bank makes a (7) … in dollars. In correspondence (8) … refer to this account as “your account with us” or “our account with you”.
Words and expressions
establishment (n) |
- установление, открытие |
seen from the perspective… |
- рассматриваемый с точки зрения… |
due from account |
- счет в иностранном банке-корреспонденте |
to result (v) |
- появляться в результате чего-либо |
to cash (v) |
- получать деньги (по чеку) |
goods (n) |
- товары |
services (n) |
- услуги |
negotiation (n) |
- переговоры, торговая сделка |
to arise (v) |
- возникать |
payment (n) |
- уплата |
to refer to (v) |
- ссылаться на; относить к |
4.14 Comprehension questions
What is the most important part of a correspondent banking relationship?
What is a “due from account” (“nostro account”)?
What is a “due to account” (“vostro” account)?
What do the deposits to the “due from account” result from?
What do the debits to the “due to account” result from?
How do the correspondent banks refer to their “due to” and “due from” accounts in daily correspondence?
Lesson 5
Active vocabulary
5.1 Study the following words and phrases:
mortgage (n) |
- заклад, ипотека |
premium (n)
|
- премия, маржа (прибыль как часть или процент от цены продажи) |
utility (n) |
- коммунальные услуги |
neither..nor |
- ни... ни |
to extend (v) |
- распространять; увеличивать |
a lot more |
- много более |
furnishings (n, pl) |
- обстановка, меблировка; оборудование |
tool (n) |
- инструмент; орудие труда |
equipment (n) |
- оборудование |
debt (n) |
- долг |
leverage (n) |
- левередж, рычаг (соотношение величины заемного капитала и основного капитала, запаса товаров и суммы капитала, соотношение вложений в привилегированные акции и обыкновенные акции) |
to pose (v) |
- предлагать, ставить |
idle (adj) |
- бездельничающий, незанятой |
to decline (v) |
- падать, уменьшаться |
value (n) |
- ценность, стоимость |
to draw interest |
- получать проценты |
near |
- около, возле, близкий |
near money
|
- квазиденьги, субститут денег (высоколиквидные активы) |