Ex.3 Vocabulary

1 Find the words or expressions in the text which mean the following:

1 money placed in a bank

2 a sum of money borrowed from a bank

3 the money invested in a business

4 certificates representing part-ownership of a company

5 certificates of debt issued by governments or companies to raise money

6 when one company combines with another one

7 when one company offers to buy or acquire another one

8 buying and selling stocks or shares for clients

9 all the investments owned by an individual or organization

10 the profits made on investments

11 unable to pay debts or continue to do business

12 the ending or relaxing of legal restrictions

13 a group of companies, operating in different fields, which have joined together

14 the price paid for borrowing money, paid to the lenders

Ex.4 Match up the verbs in the left-hand box with the nouns in the right –hand box to make common verb-noun combinations found in the text above

Charge pass Do pay Give provide Issue raise Make receive Offer share

Advice loans Bounds profits Business interest Capital services Deposits stocks or Laws shares

What other verb-noun combinations can you make with these words?

LISTENING 1: COMMERCIAL BANKING

Ex.5 CD 1.30 Listen to Tony Ramos, a recruitment manager at HSBC in London, talking about investments and commercial banking, and answer the questions.

How does Tony Ramos describe commercial banking? A kind of ____________

___________ _____________________

What was Tony Ramos’s job before he moved into recruitment?

What does he say commercial banking actually consists of? Fill in the gap

……..you’re kind of working in a ___________ _______, you are working you

know with, like, _______________ _________, kind of what the day-to day job

consists of, actually ____________ _________ ___________ people with their

businesses, __________ ________________________ ___________________

those businesses, seeing those____________________ ___________________.

4. What does he say students wrongly think it consists of?

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<== попередня сторінка	\|	наступна сторінка ==>
Ex.2 Insert the names of the following types of financial institutions in the spaces in the text.	\|	Ex. 6 Choose the correct words.

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