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XIV. The following are some of the more obvious and important differences in terminology between British and American English in the area of finance.

Seasonal Credit | Extended Credit | An overview of the structure of the commercial banking industry | Table 1. Top 15 Commercial Banks in the United States | Young Americans Bank | Table 1. Regulatory classification of commercial banks | Thrifts and Credit Unions | Limited-Service Banks | IV. Summarize the functions of savings banking institutions in about 150 words. | Кредитні спілки |


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British American
Annual General Meeting (AGM) Annual Stockholders Meeting
Articles of Association Bylaws
authorized share capital authorized capital stock
barometer stock bellwether stock
base rate prime rate
bonus or scrip or capitalization issue stock dividend or stock split
bridging loan bridge loan
building society savings and loan association or "thrift"
cheque check
company corporation
creditors accounts payable
current account checking account
debtors accounts receivable
gilts or gilt-edged stock Treasury bonds
labour labor
Memorandum of Association Certificate of Incorporation
merchant bank investment bank
ordinary share common stock
overheads overhead
profit and loss account income statement
property real estate
quoted company listed company
retail price index (RPI) consumer price index (CPI)
share stock
share premium paid-in surplus
shareholder stockholder
shareholders' equity stockholders' equity
stock inventory
trade union labor union
unit trusts mutual funds
visible trade merchandise trade

 

XV. Speak on the following topics:

a) Current account.

b) Deposit account.

c) Taking money out of the current account.

d) Taking money out of the deposit account.

e) Deposit accounts and a good form of investment.

 


Unit VII

 


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