1. Find Russian equivalents for the following words:

Money, lend, borrower, permit, spend, overdraw, overdraft, stipulate, receipts, irregular, fre­quently, facilities, sum, loan, separate, grant, arrange.

2. Match the following word combinations.

currently available	отдельные счета
separate accounts	рядовые клиенты
private customers	постоянно доступные
insurance policies	некоторые цифры
relevant documents	персональный заем
some figures	страховые полисы
personal loans	относящиеся к делу документы

3. Complete the sentences.

1. A separate account is opened to record…2. Personal loans usu­ally have to be repaid out of an income…3. Sometimes people do not ask for enough money because they arc anxious about…4. To be a borrower you must be a customer of the bank be­cause...

4. Give the Definitions.

Personal loan, separate account, borrower. regular instalments, regular payment, personal loans,

5. Make up sentences with the following word combinations.

Current account, fixed sum, personal reasons, relevant docu­ments, recent years, sufficient amount of money, making regular payment.

6. Put special questions to the text.

7. Retell the text

Text 13.

Terms

In order to employ factors of production, a firm has to have finance. This is usually divided into working capital and fixed capital. Working capital is for purchasing single – use factors or variable factors. They are labor, raw materials, petrol, stationary, fertilizers and etc. Finance for working capital can be obtained from a variety of sources: banks, trade, credit, finance companies, factor houses, tax reserves, inter-company finance, advance deposits from customers and the government. For example, a company may secure some funds through the Enterprise Allowance Scheme which on conditions provides an allowance of $ 40 per week for a year when starting a new business.

Fixed capital covers factors which are used many times – factories, machines, land, lorries, etc. Some finance for fixed capital is therefore required initially for advance payments on factory buildings, machinery and so on before the firm is earning revenue, though it is possible to convert fixed capital into working capital by renting buildings, hiring plant and vehicles or by leasing or buying on different payments through a finance company.

Thus many companies, especially new ones, raise capital, both working and fixed, by borrowing, by selling their shares.

1. Translate the following words and word combinations into Russian:

Finance, working capital, fixed capital, raw material, source, inter – company finance, customer, fund, government, tax reserve, payment, earning revenue, finance company, shares, advance payment.

2. Match the following words.

petrol	торговля
tax	превращать
vehicle	аренда
leasing	бензин
renting	налог
convert	перевозочное средство
trade	аренда

3. Complete the sentences.

1) Working capital is for… .2) Finance for working capital can be obtained from… 3) It is possible to convert fixed capital into… .4)Many companies, especially new ones, raise capital, both … .

4. Give the Definitions.

Working capital, fixed capital.

5. Make up sentences with the following word combinations.

Finance companies, some funds, different payments, working capital.

6.Put special questions to the text.

7. Retell the text.

Text 14.