1.5. Соотнесите слова в левой колонке с их значениями в правой.

1. interest a. money put in a bank for safe-keeping

2. account b. condition in a legal document

3. deposit с written order for payment of money by a bank

4. draft d. statement of money paid or received

5. provision e. money paid for the use of money

14. Составьте предложения, используя данные слова и словосочетания.

to lift restrictions; to honour draft; to prohibit smth; to contain general provisions

*15. Вычеркните лишнее слово.

1. a. to regulate

b. to pay

c. to control

d. to govern

1*9

2. a. draft b. cheque

с letter of credit d.interest

3. a. to eliminate

b. to lift (restrictions) с to prohibit d. to protect

* 16. Выразите согласие или несогласие с данными утверждениями.

1. Only national chartered banks can establish bank accounts.

2. A ceiling existed on interest rates for savings accounts until 1980.

3. Banks are regulated by federal statutory law only.

4. Under DIDRA restrictions on checking and money market accounts were lifted only in some states.

5. The operation of checking accounts is governed by state law supplemented by some federal law.

6. Article 4 of the Uniform Commercial Code has been adopted in seven states out of fifty.

7. Depository bank is the first bank to accept the cheque.

8. Documentary drafts will be honoured if certain papers are first presented to the payer of the draft.

17. Ответьте на вопросы.

1. What are banks and bank accounts regulated by?

2. Which bodies can establish bank accounts?

3. Does the national government prohibit interest payments on demand deposits account?

4. How do you understand the sentence: A ceiling existed on interest rates for savings account?

5. What does Article 4 of the Uniform Commercial Code define?

6. What led to the development of federal insurance for deposits?

GLOSSARY

account — банковский счет demand deposit account — счет до востребования money market account — счет денежного рынка СШа savings account — сберегательный счет

allocation of losses — распределение убытков

authenticate — устанавливать подлинность

banking ombudsman — омоудсман branch — отделение банка

branch banking — банковская деятельность на основе отделении burden of proof — бремя доказывания chartering — лицензирование clearing house — банковская клиринговая палата collecting bank — инкассирующий банк comptroller of the currency — валютный контролер США conveyancing — передача собственности одним лицом другом^ depository bank — банк депозитарий direct debits — прямое дебетование documentary drafts — документированная тратта enactment — постановление fraud — мошенничество gross negligence — крайняя небрежность honour - оплатить interest - процентные платежи legal tender — законное средство платежа lender of the last resort — кредитор последней инстанции liquidity — ликвидные средства partnership — товарищество payer bank — банк плательщик

pinpoint vtpinpoint the liability - точно определять обязательств place restrictions — налагать ограничения principal — номинальная сумма займа promissory note — простой вексель proprietorship - собственность receipt slip — расписка run on a bank — "набег на банк"

state and federal statutory law — федеральный уставной закон и

уставной закон штата

Ключи

1. le; 2d; За; 4Ь; 5с;

2.1а; 2с; За

3. 1. right; 2. wrong; 3. wrong; 4. right; 5. right; 6.wrong

5. 1. to grant loans; 2. to transfer funds; 3. on demand; 4. in time; 5. to remain the basis; 6. to abandon promises

6. le; 2c; 3a; 4b; 5d

_m

7. 1. wrong; 2. right; 3. wrong; 4. wrong; 5. right; 6. wrong

9. 1. to authorize; 2. to grant a bank charter; 3. fiscal operations; 4. legal tender

10. Id; 2c; 3b; 4e; 5a

11. 3c; 2b; 3b; 4a 13. le; 2d; 3a; 4c; 5b

15. lb; 2d; 3d; 4a

16. 1. wrong; 2. right; 3.wrong; 4. wrong; 5.right; 6.wrong; 7. right; 8. right

т

Unit 7

Intellectual Property

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