Master, graduation, carefully, to comply, job market, financial institutions, courses, to master, maximizing profitability, accounting and auditing, areas

1. Our institute offers a variety of … in many professional …. 2. After … I shall receive a degree of … in the field of …. 3. … coordinate the activities of the banking system of the country. 4. A … constructed business policy assists in …. 5. … with the demand of the time we must do our best … our future profession. 6. There is a wide choice of positions in the ….

7. Відновіть порядок слів в реченнях:

1. and, I, of, accounting, at, Accounting, the, auditing, faculty, Economics, in, of, and, daytime, majoring, department, the, study.

2. constructed, in, A, maximizing, policy, assists, business, profitability, carefully.

3. is, its, policy, Financial, a, reflected, business, by, position, firm, of.

4. of, I, the, shall, Next, a, field, cybernetics, year, Master, degree, of, receive, economic, in.

5. economist, the, He, an, it, prospective, profession, is, chosen, of, a, very, because, has.

8. Поставте питання до слів, виділених курсивом:

1. After graduation I shall receive a degree of Master.

2. Financial position of a firm is reflected by its business policy.

3. A carefully constructed business policy assists in maximizing profitability.

4. He has chosen this profession because it is very prospective.

5. This profession offers a lot of opportunities in professional career.

6. They study at Chernivtsi Institute of Trade and Economics.

7. We must study hard to become good specialists.

9. Вставте в речення відповідні прийменники:

at (4); in (5); with (3); for (3); under (1);

of (6); out (1); to (2); from (2); on (2)

I study … the university. Our university trains experts … many specialities. The term … studies lasts … 4 … 5 years depending … the subject you major …. The tuition … our university is generally free … charge, but those who study … a contract basis pay … their tuition.

Students have all necessary facilities to study: modern classrooms, laboratories equipped … personal computers. The university library is well-stocked … various literature. Those who go … … sports can do so … our gymnasium … the guidance … professional coaches. Our students have all opportunities to master foreign languages, carry … research projects and take part … different conferences. Students that come … our university … other places have … their disposal a cozy dormitory, where accommodation facilities are provided … reasonable prices. To comply … the demand … the time, the teaching staff … our university do their best to give the students a sound economic education and prepare highly-qualified specialists … the national economy … our country.

10. Перекладіть речення:

1. Він навчається на денному відділенні фінансово-економічного факультету. 2. Вона спеціалізується в галузі економіки підприємства на ринку товарів та послуг. 3. Після закінчення інституту студенти отримують ступінь бакалавра або магістра з обраної спеціальності. 4. Фінансові установи координують банківську систему країни та здійснюють контроль над діяльністю різних фірм та організацій. 5. Наша фірма має невеличкий шанс на виживання, оскільки її фінансове становище досить критичне. 6. Моя майбутня професія є дуже перспективною, і вона надає багато можливостей в професійній кар’єрі.

BANKS

Money makes the world go round and so profit is the driving force underlying most business activities. Producers, wholesalers, forwarders, retailers and advertisers do not usually work for some idealistic reason. They work to earn a profit. When we talk about money we do not only mean cash (notes and coins), we also mean cheques, credit cards and debit cards, cash cards, certificates of deposit, Treasury bonds and shares.

Banks are institutions dealing with money. In developed countries banking systems usually consist of a central bank, clearing banks and commercial banks.

The central bank is responsible for the monetary policy of the country. It also acts as the banker for the government and keeps the country's reserves in gold and other currencies. It issues notes and coins, controls inflation and supervises all banking institutions in the country.

Clearing banks clear cheques and settle the difference in the banks' accounts with the central bank.

Commercial banks constitute the largest group of banks. They are usually limited companies which have the license to accept deposits and to store and transfer money on behalf of their customers. Commercial banks are businesses rendering services to the general public and to companies at a profit. The main functions of these banks include accepting deposits, granting credits and transferring money. As for deposits, they are kept on personal accounts (which may either be current or deposit) and on business accounts. Commercial banks also provide a variety of other financial and advisory services. These cover foreign exchange, foreign trade financing, insurance, pension funds, safe custody for valuables, mortgage loans, investment portfolio management, income tax and corporate tax management, factoring, leasing and hire purchase. Banks also handle the affairs of a deceased person and execute his or her will.

For these services banks charge fees and commissions. But the main part of the profit generated by commercial banks comes from credits extended to individual customers and to companies. A person or institution obtaining a loan must pay a price for it – interest. When calculating interest rates banks must consider not only their profits but also inflation and competition from other banks. On the other hand, when granting loans banks must also assess the creditworthiness of the borrower. Remember that because of bad loans a bank may go bankrupt.

Vocabulary:

to accept deposit – приймати вклади на депозит

forwarder – експедитор

cash card – документ для одержання грошей (чек)

Treasury bond – державна облігація

clearing bank – кліринговий банк

to clear – оплачувати, робити розрахунок по векселях або чеках через розрахункову палату

a limited company – акціонерне товариство з обмеженою відповідальністю

on behalf of sb – від чийогось імені

general public – широкий загал

advisory services – дорадчі послуги

to cover – охоплювати

mortgage loan – позика під заставу майна

income tax – податок на прибуток

corporate tax – загальний податок на господарську діяльність

factoring – посередництво

leasing – лізинг (оренда обладнання)

to charge a fee – брати платню

interest rate – відсоткова ставка

to assess – оцінювати

to go bankrupt – збанкрутувати

custody – зберігання

to grant (to extend) a credit – надати кредит

portfolio – пакет (акцій)

to transfer money – переводити гроші

1. Дайте письмові відповіді на наступні запитання:

1. Who works to earn a profit?

2. What do banks deal with?

3. What are the types of banks that the banking systems of developed countries consist of?

4. What are the functions of the central bank?

5. What services do banks provide?

6. Where does the main part of the bank’s profit come from?

7. When may a bank go bankrupt?

2. Перекладіть українською мовою:

to accept deposit; cash card; to clear; a limited company; income tax; corporate tax; factoring; leasing; to charge a fee; to go bankrupt; custody; to grant (to extend) a credit

3. Перекладіть англійською мовою:

Експедитор; державна облігація; кліринговий банк; від чийогось імені; позика під заставу майна; відсоткова ставка; оцінювати; пакет (акцій); охоплювати; дорадчі послуги; переводити гроші; широкий загал

4. Вставте відповідні слова:

1. ________ makes the world go round and so profit is the ____________ underlying most business activities.

2. In developed countries ____________ usually consist of a central bank, clearing banks and commercial banks.

3. Central bank issues ___________, controls _________ and supervises all banking institutions in the country.

4. Commercial banks also provide a variety of other financial and _________________.

5. A person or institution obtaining a loan must pay a price for it – ________.

6. When granting loans banks assess ________________ of the borrower.

Слова для довідки: advisory services, notes and coins, money, the creditworthiness, banking systems, inflation, driving force, interest

5. Відновіть порядок слів в реченнях:

1. do, mean, When, cash, we, we, money, not, talk, only, about.

2. dealing, Banks, with, are, institutions, money.

3. The, the, the, central, is, bank, of, responsible, country, monetary, for, policy.

4. constitute, Commercial, largest, of, banks, banks, the, group.

5. Commercial, profit, banks, services, at, render, a.

6. commissions, Banks, their, fees, and, for, charge, services.

6. Підберіть синоніми:

1. loan a. payment, charge

2. to assess b. client, consumer

3. customer c. treasures, costly things

4. valuables d. debt, credit

5. creditworthiness e. to provide, to give

6. to render f. trustworthiness, reliability

7. variety g. to evaluate, to estimate

8. fee h. diversity, assortment

7. Підберіть антоніми:

1. wholesaler a. to forget

2. profit b. similarity

3. difference c. lender

4. borrower d. retailer

5. to remember e. loss

8. Перекладіть речення:

1. Прибуток – це рушійна сила ділової діяльності.

2. Говорячи про гроші, ми маємо на увазі не тільки готівку.

3. Існують різні форми грошей: чеки, кредитні картки, облігації, акції тощо.

4. Центральний банк є відповідальним за грошову політику країни.

5. Банківські установи діють від імені своїх клієнтів.

6. Наша компанія надає послуги як широкому загалу, так і підприємствам.

7. Купівля в кредит дозволяє частково оплачувати товар, яким ви вже користуєтесь.

8. Ми пропонуємо чимало фінансових і дорадчих послуг нашим клієнтам.

9. Надаючи кредит, банки оцінюють кредитоспроможність позичальника.

10. Неповернені борги можуть призвести до банкрутства.

Дата добавления: 2015-05-26