Exercises. Banking system in great Britain

BANKING SYSTEM IN GREAT BRITAIN

VOCABULARY issuer - емітент

NOTES supervisor - контролер

lender of last resort - кредитор останньої

інстанції, кредитор у критичній ситуації

retail bank - роздрібний банк

Trustee Savings Bank - довірчо-ощадний

банк

clearing house - розрахункова/

клірингова палата

overseas bank - закордонний банк

foreign bank - іноземний банк

banking facilities - банківські послуги

merchant bank - торговельний банк

consortium bank - консорціальний банк

accepting house - акцептний банк

(торговельний банк, що

спеціалізується на фінансуванні

зовнішньої торгівлі та операціях на

фінансових ринках)

liabilities - зобов'язання

bulk - основна частина

wholesale bank - оптовий банк

profit margin - розмір/маржа прибутку

base lending rate - базова ставка

позичкового процента

to obtain - одержувати

overdraft - овердрафт, перевищення

кредитного ліміту

Answer the following questions:

1. How is the British banking system organised?

2. What are the functions of the Bank of England?

3. What types of banks are mentioned in the above text?

4. What are primary and secondary banks?

5. What is the difference between retail and wholesale banking?

6. What are the main functions of the retail banks?

II. A. Translate and name the world-building elements and the parts of speech of each word: Bank - bankable - banker - banking - banknote - bankroll - bankrupt - bankruptcy. Deposit - depositary - depositor - depository: invest - investment - investor. B. Compose 5 sentences of your own with the above words.

III. Translate the following sentences paying attention to the italicized words.

1. The Bank of England has the sole right in England and Wales of issuing banknotes.

2. My brother dreams to become a broker, a banker or a financier.

3. I'd like to come with you but that's not a promise, don't bank on it.

PART III. BANKING

4. I'm banking on your help.

5. The newspapers accused the President of being bankrupt in ideas.

6. She's in banking.

7. It is possible that he banked the money under another name.

8. I had to deposit 10% of the price of the house.

9. The shop promised to keep the goods for me if I paid a deposit.

10. When a river rises, it deposits a layer of mud on the land.

11. Tire money is being kept on deposit.

Дата добавления: 2014-12-23