II. Give the Ukrainian equivalents for the following words and

word-combinations. Use them in the sentences of your own:

to provide a safe place for people; to deposit money with a bank; to lend excess funds; to be in need of cash; balance sheet; to bring savers and borrowers together; net worth; assets and liabilities; to gain a clear understanding; to earn the interest; a measure of the value of a business; to loan some funds on a short-term basis; to have a high degree ofliquidity; to attract more depositors; to buy an interest in another business.

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

1. The bank of England has the sole right In England and Wales of issuing bank-notes. 2. When my brother grew up, he told himself he was going to be a broker, or a financier, or a banker. 3. He was banking on the train being in time. 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, of course, 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. The money is being kept on deposit.

IV. Find the terms in the text which describe the following:

1. Financial institution that accepts demand deposits and makes commercial loans. 2. The business transactions of a bank. 3. Money in coins or notes, as distinct from checks or orders. 4. Financial statement summarizing all assets, libilities and net worth. 5. The difference between business assets and its liabilities. 6. Something of value that is owned by an organization.
7. A person who saves money regularly, esp in a bank or building society.
8. A debt owed or an obligation incurred by an organization. 9. A thing that is lent. 10. Money paid to somebody who invests money. 11. A certificate issued by a government or a company promising to repay borrowed money at a fixed rate of interest at a specified time.

V. Fill in the blanks with prepositions or adverbs if necessary:

1. Banks fulfil two distinct needs... a community. 2. They lend excess funds ... individuals and business temporarily... need... cash. 3. Most... bank deposits return... the community... the form... loans. 4. The bank might invest some... the cash... bonds. 5. The bank might use some... its assets to buy an interest... another business.

VI. Answer the following questions:

1. What needs do banks fulfil in a community? 2. How do banks act? 3. What is the difference between assets and liabilities? 4. What does the term balance sheet mean? 5. What does the balance sheet reflect? 6. What is net worth? 7. What are the reasons for the bonds to be a good investment?
8. When can the bonds be sold? 9. Under what conditions would the bank grow and prosper? 10. How might the bank use some of its excess funds and assets? 11. In what way might the bank try to attract more depositors?

VII. Translate into English:

1. Банки забезпечують людей місцем, куди б вони могли без ризику вкласти свої гроші (заощадження). 2. Банки тимчасово надають кредити приватним особам та підприємствам, коли ті потребують готівки. 3. Банківські пасиви — це борги та зобов’язання банку. 4. Банківські активи — це власність, майно та рекламації до інших банків. 5. Балансо­вий звіт — це документ, який у стислій формі відображає стан усіх активів та пасивів на даний період часу. 6. Банк міг би інвестувати деяку частину готівки в облігації (бонди). 7. Ліквідність сприяє здат­ності банку обслуговувати своїх клієнтів. 8. Коли банк залучатиме біль­ше фондів, він зможе надавати більші позики та одержувати більший прибуток.

Дата добавления: 2015-11-14