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Учебник английского для экономистов.doc
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Vocabular notes

1) to be entitled to…

= to give someone the official right to do or have something

2) to issue

= if an organization or someone in an official position issues something such as documents or equipment, they give these things to people who need them

3) to honor (a credit card/ a

cheque)

= if a business honors a credit card, it pays the money for that person when he buys a product or a service (to accept a credit card for payment)

4) to dispense a product/a

service

= to give smth to people, to provide smth for people

5) the purchaser

= the buyer

6) credit card billing office

- отдел учета оплат/счетов по кредитным карточкам

7) a statement

= a document sent regularly by a bank to a customer that lists the amounts of money taken out of and paid into their bank account

8) charged purchases

= something that has been bought and paid for with a credit card (AmE) .

e.g. I charged the purchase (the shoes/the dress etc) on Visa.

9) in installments.

= regular payments (AmE) = hire purchase (BrE)

10) to reimburse

= formal to pay money back to someone when their money has been spent or lost

11) to be handled by

computers

= are done/controlled by computers

12) to bear charges

= to be responsible for the amount of money one has paid with a credit card

13) merchandise

= goods that are being sold

14)…a bill has been

outstanding

= a bill that has not yet been paid

15) fraudulently

= by way of deceiving people

16) redeem

= to exchange a piece of paper representing an amount of money for that amount of money or for goods equal in cost to that amount of money

Checklist for writing a summary (based on the article Credit Cards)

1. Reread your source until you understand it.

2. Write one-sentence restatements of the main points/ideas. Write your summary using the one-sentence restatements as your guide. Focus on what the text says, not on your own ideas or opinions.

3. Revise your summary, making sure that you have adequately condensed (shortened) the original and included its most important ideas.

4. Control the length of your summary by

  • using short linkers: e.g. use “also” rather than “in addition”

  • finding shorter equivalents of longer expressions: e.g. instead of “most of the work involved in credit card operations are now handled by computers” use “most credit card operations are now done by computers”, instead of “Credit cards originated in the United States in the 1930s; their use was wide-spread by the 1950s” use “Credit cards have been used for nearly 70 years”, instead of “ to provide a substantial infusion of revenue to the company” use “the company makes huge profits” etc.

  • using common words instead of very formal words or specific terms: e.g. instead of “to honor credit cards” use “to accept credit cards”, instead of “to be entitled to…” use “to have the right to…”instead of “purchaser” use “the buyer” instead of to reimburse” use “ to pay money back” etc.