- •Unit 1. Why finance
- •5. Arrange and run a conversation on the following text:
- •Unit 2. Acquisition of capital
- •2. Read, translate and retell the text:
- •3. Look at the term in the left-hand column and find the correct synonyms or definitions in the right-hand column:
- •Unit 3. Money
- •2. Read, translate and retell the text:
- •3. Give English equivalents of the following:
- •2. Read, translate and retell the text.
- •3. Answer the following questions:
- •4. Match the following words and phrases in a meaningful way:
- •5. Discussion Points:
- •6. Read, translate and retell the text.
- •7. Fill each blank in the text with the correct word or phrase. Choose from the following list. Use each item once only.
- •8. Answer the following questions:
- •Unit 5. Exchanges
- •2. Read, translate and retell the text.
- •3. Give the Ukrainian equivalents of the following words and word combinations:
- •3. Arrange the words in pairs of synonyms:
- •5. Answer the following questions:
- •Unit 6. Accounting and bookkeeping
- •1. Read and memorize the following words and word combinations:
- •2. Read, translate and retell the text.
- •3. Translate into Ukrainian:
- •4. Find the English equivalents:
- •5. Answer the following questions:
- •Unit 7. Auditing
- •1. Read and memorize the following words and word combinations:
- •2. Read, translate and retell the text.
- •3. Find the following English equivalents in the text,translate sentences containing them into Ukrainian:
- •8. You are given below a list of financial one-word-terms. List all terms-phrases you can associate with them:
- •Unit 8. Taxes and Taxation
- •1. Read and memorize the following words and word combinations:
- •2. Read, translate and retell the text.
- •3. Say what you have learnt about:
- •4. Retell the text and then give your points of view on such problem questions as:
- •5. Discuss the following statements:
- •6. Indicate whether each of the following statements is true or false:
- •Unit 9. The basis of financial management
- •1. Read and memorize the following words and word combinations:
- •2. Read translate and retell the text
- •3. Translate into Ukrainian
- •4. Find the English equivalents:
- •5. Fill in the blank:
- •6. Answer the following questions:
- •Unit 10. Outside sources of financing
- •1. Read and memorize the following words and word combinations:
- •2. Read, translate and retell the text:
- •3. Translate into Ukrainian:
- •4. Find the English equivalents:
- •5. Fill in the blanks:
- •6. Answer the following questions:
- •Unit 11. Sources of unsecured financing
- •1. Read and memorize the following words and word combinations:
- •2. Read, translate and retell the text:
- •3. Translate into Ukrainian:
- •4. Find the English equivalents:
- •3. Give English equivalents of the following:
- •4. Define the terms:
- •5. Answer the following questions:
- •Unit 13. How to Buy Bonds and Stocks
- •2. Read, translate and retell the text:
- •3. Look at the term in the left-hand column and find the correct definitions in the right-hand column:
- •4. Find the English equivalents.
- •Unit 14. The language of stock
- •1. Read and memorize the following words and word combinations:
- •2. Read, translate and retell the text:
- •3. Find the English equivalents.
- •4. Answer the questions:
- •5. Look at the term in the left-hand column and find the correct definitions in the right-hand column:
- •Unit 15 International Finance
- •1. Read and memorize the following words and word combinations:
- •2. Read, translate and retell the text:
- •3. Questions for discussion:
- •4. Speak on the topics:
- •Texts for Additional Reading
- •1. The Bank of England
- •2. The Federal Reserve System
- •3. The Banking System of Ukraine
- •4. Financial Institutions
- •5. Bank Organization
- •6. Money and Currency
- •7. Bank Accounts
- •8. Bank Services
- •9. Bank Loans
- •10. International Bank Settlement System and Methods of Payment
- •11. Financial Statements at a Bank
- •12. Introduction to Corporate Finance
- •13. What Is Corporate Finance?
- •14. The Financial Manager
- •Figure 1. A simplified organizational chart. The exact titles and organization differ from company to company
- •20. A Corporation by Another Name...
- •21. The goal of financial management
- •22. The Goal of Financial Management
- •23. A More General Goal
- •26. Management Goals
3. Look at the term in the left-hand column and find the correct synonyms or definitions in the right-hand column:
|
interest payment |
|
first |
|
periodic |
|
occurring at regular times |
|
initial |
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a time limit for finishing something |
|
source |
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a sum paid for borrowing money |
|
deadline |
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any thing or place from which something is obtained |
|
obligation | ||
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extreme |
|
the contract or promise that compels one to follow a certain course of action |
|
issue | ||
|
|
print for sale or distribution | |
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severe |
Answer the following questions:
Why does a corporation need capital?
What are the two basic types of financing used by a corporation?
From whom are funds acquired for each type of financing?
What does one share of stock entitle the purchaser to?
Why do initial sales of stock involve some risk?
How might a stockholder benefit from his stocks?
If the corporation is not successful, how might the stockholder be affected?
Unit 3. Money
Read and memorize the following words and word combinations:
payment – плата
portability – портативність
durability – міцність
denomination – найменування; цінність, загальна вартість
value – цінність; ціна, вартість; валюта
bill – банкнота
uniformity – однаковість, однорідність
fluctuation – коливання
divisibility – подільність
medium of exchange – спосіб обміну
measure of value – міра цінності
currency – валюта
demand deposits –безстроковийвнесок
accounts – рахунки, розрахунки, звітність
on demand – повимозі
2. Read, translate and retell the text:
All values in the economic system are measured in terms of money. Money can be anything that is generally accepted in payment for goods and services. The value of money is basically its value as a medium of exchange, or as economists put it, its “purchasing power”.
Money should possess the following qualities:
Stability.The value of money should be more or less the same today as tomorrow. In societies where value of moneyfluctuates(goes up and down) people will save up in the hope that its value will increase, or spend it immediately thinking it will be worth less tomorrow.
Portability.Modern money has to be small enough and light enough for people to carry.
Durability.The material chosen has to have a reasonable life expectancy. For that reason most countries use a very high quality paper for their money.
Uniformity.Equal denominations of money should have the same value.
Divisibility.One of the principal advantages of money over barter is its ability to be divided into part.
Recognizability. Money should be easily recognized for what it is and hard to copy.
We can also define money by what it does, which is to provide:
A Medium of Exchange;
A Measure of Value;
A Store of Value.
A Medium of Exchange. The principal difference between a barter economy and a money economy is that in a barter economy you must find someone who has what you want and wants what you have. In a money economy people can sell what they have to anyone and use money to buy what they want. Money, therefore, is the medium that enables exchangers to be made easily.
A Measure of Value.Money enables us to state the price of something in terms that everyone can understand.
A Store of Value.Money enables us to use the value of something that we sell today to make a purchase sometime in the future.
Currency. The money you are most familiar with,currency, consists of the paper money and coins that you almost use daily. Currency is legal mender.
Demand Depositsare checking accounts held by commercial banks. They are called “demand deposits” because they are available “on demand” simply by writing a check.