- •Vocabulary
- •Vocabulary Tasks
- •I. Study the following words and phrases. Recall the sentences in which they are used in the text. Use them in sentences of your own.
- •II. Replace the Ukrainian words and phrases by appropriate English equivalents. Translate the sentences.
- •III. Change the noun form into the verb and adjective forms. You may want to use a dictionary.
- •IV. For each word or phrase, write one which means the opposite.
- •V. Match these words as they occur in the text. Translate the phrases.
- •VII. Find words and phrases in the text which mean:
- •VIII. Fill in the blanks with prepositions.
- •II. Mark these statements t (true) or f (false) according to the information in the text. Find the part of the text that gives the correct information.
- •I. Write sentences with the following words.
- •II. Write questions to the following answers.
- •Text b. Financial Plan
- •Vocabulary
- •Reading and Speaking Tasks
- •I. Make up questions covering the content of the text and le your fellow students answer them.
- •II. Having read the text, what you can now say about:
- •III. Work with a partner who read the text to produce a summary of the text. You need only mention the important points. Lesson 2. Firm's finances Text a: Short-Term and Long-Term Expenditures
- •Vocabulary
- •Vocabulary Tasks
- •I. Study the following words and phrases. Recall the sentences in which they are used in the text. Use them in sentences of your own.
- •II. Replace the Ukrainian words and phrases by appropriate English equivalents. Translate the sentences.
- •III. Change the noun form into the verb and adjective forms. You may want to use a dictionary.
- •IV. For each word or phrase, write one which means the opposite.
- •VII. Find words and phrases in the text which mean:
- •VIII. Fill in the blanks with prepositions.
- •II. Mark these statements t (true) or f (false) according to the information in the text. Find the part of the text that gives the correct information.
- •III. Without looking back at the next, exchange its content with someone who read the text too.
- •I. Write sentences with the following words.
- •Part II. Sources of Long-Term Funds
- •Vocabulary
- •Vocabulary Tasks
- •I. Study the following words and phrases. Recall the sentences in which they are used in the text. Use them in sentences of your own.
- •II. Replace the Ukrainian words and phrases by appropriate English equivalents. Translate the sentences.
- •III. Change the noun form into the verb and adjective forms. You may want to use a dictionary.
- •IV. For each word or phrase, write one which means the opposite.
- •VII. Find words and phrases in the text which mean:
- •VIII. Fill in the blanks with prepositions.
- •Inventory Loans
- •Reading Tasks
- •I. Answer the questions using the information from the text.
- •II. Mark these statements t (true) or f (false) according to the information in the text. Find the part of the text that gives the correct information.
- •III. Without looking back at the next, exchange its content with someone who read the text too. Writing and Speaking Tasks
- •I. Write sentences with the following words.
- •III. Identify five sources of short-term financing for businesses.
- •Text b: Financial Management for Small Businesses
- •Venture Capital As a Source of Funds
- •Vocabulary
- •Reading and Speaking Tasks
IV. For each word or phrase, write one which means the opposite.
Long-term funds, secured loans, short-term loan, buyer, lender, advantage, agreement, higher interest rates, interest-bearing account, short-term agreement, minimum amount, forbid, insolvent firm, undue, long-term expenditures, debt financing, to grant, attractive, concealment, prime rate, common stock, distributed earnings, to purchase stock, to meet obligations, predictable cash flow patterns; slow growth, definetly.
V. Match these words as they occur in the text. Translate the phrases.
1. line of 2. factoring accounts 3. promissory 4. revolving credit 5. venture 6. bond 7. commitment 8. stipulated 9. creditworthy 10. face 11. to pledge 12. retained |
a) note b) indenture c) agreement d) fee e) firm f) credit g) collateral h) receivable i) earnings j) capital k) value 1) sum |
VI. Choose the explanation for each of these words and phrases.
1. unsecured loan 2. corporate bond |
a) the contract spelling out all the terms of the bond, including the principal amount, the interest rate, and the maturity date b) long-term borrowing financed from sources outside the company |
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3. bond indenture 4. factoring 5. debt financing 6. trade credit 7. leverage 1 8. equity financing 9. line of credit 10. commercial paper |
c) the use of borrowed funds to finance an investment d) short-term sources of borrowed funds for which the borrower does not pledge any assets as collateral e) the use of common stock and/or retained earnings to raise money for long-term expenditures; involves putting the owners' capital to work f) a bond in which the issuing company pays the holder a certain amount of money on a certain date, with stated interest payments in the interim g) a method of short-run financing in which large, stable companies issue unsecured notes at a certain face value, sell them for less than the face value, then buy them back at the face value at a later date h) a standing agreement between a bank and a firm in which the bank promises to lend the firm a maximum amount of funds on request. The bank will not necessarily have the funds to lend when they are needed, however i) selling a firm's accounts receivable to another company j) short-term source of funds resulting from purchases made on credit or open account |
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VII. Find words and phrases in the text which mean:
1. an asset pledged by a borrower; in the event of nonpayment of the loan, the lender has the right to seize the asset
2. shares of ownership in a corporation
3. the way in which a bond is paid off
4. financial institution that purchases accounts receivable at a discount from retailers
5. certificate of indebtedness sold to raise long-term funds for corporations or government agencies
6. location at which stocks and bonds are bought and sold
7. the interest rate that a bank charges its most creditworthy customers
8. stock that provides owners preferential dividend payment and first claim to assets after debts are paid, but seldom includes voting rights
9. the failure to meet a financial obligation
10. guaranteed line of credit
11. to change very often from a high level to a low one and back again
12. an increase in the value of an asset
13. tax benefit
14. an amount of money lent, put into a business, on which interest is paid