- •Reading Practice in English for Students of Finance
- •Block 1. Functions of the Financial System and the Financial Markets a. Functions of the Financial System
- •Savings Function
- •Wealth Function
- •Liquidity Function
- •Credit Function
- •Payments Function
- •Policy Function
- •B. The Financial Markets and Financial System
- •Vocabulary Notes
- •Block 2. The Study of Money and Capital Markets
- •A. The Money Market versus the Capital Market
- •B. Divisions of the Money and Capital Markets
- •Vocabulary Notes
- •A. Money and Functions
- •The Medium of Exchange
- •Other Functions of Money
- •B. Central Banking. The Bank and the Money Supply
- •Reserved Requirements
- •C. The Discount Rate
- •D. A Plain Man's Guide to Investment
- •Vocabulary Notes
- •Exercises
- •Block 4. The Central Bank of the Russian Federation
- •Open-market Operations
- •Monetary and Exchange-Rate Policy Central-bank Policy
- •Vocabulare Notes
- •Exercises
- •Block 5. British Banking
- •Overseas Banks
- •Foreign Banks
- •The Merchant Banks
- •The Stock Exchange
- •Vocabulary Notes
- •Block 6. Barclays Bank Account Why a Bank Account Makes Sense
- •A Current Account with Three Options to Choose from
- •The Options in Brief
- •Interest Option
- •Instant Option
- •Bank Charges
- •Your Statement
- •Using Barclays Cheque Book What is a Cheque?
- •How to Pay for Goods and Services by Cheque
- •How to Obtain Cash with a Cheque
- •How to Get a New Cheque Book
- •How to Stop a Cheque
- •If you have used a Barclays cheque guarantee card to issue a cheque, it cannot be stopped. Using your Barclays plastic cards
- •How to pay for goods and services using Barclays connect
- •How to obtain cash using your Barclays connect or Barclaybank card
- •Making regular payments
- •Standing orders
- •1. Dialogue
- •Brokerage services
- •2. Dialogue
- •Governmental controls 3. Dialogue
- •Structure and functions of a bank in the u.S.
- •4. Dialogue
- •Currency and other forms of exchange in the u.S.
- •5. Dialogue
- •Block 8. Financial Reports Consolidated financial report of the large financial holding company
- •1. Consolidated statements of income of Citicorp and subsidiaries
- •Vocabulary Notes
- •2. Consolidated balance sheets of Citicorp and subsidiaries
- •Vocabulary Notes
- •3. Consolidated statement of cash flows of Citicorp and subsidiaries
- •Income taxes
- •4. Financial report of the small enterprise. 'Balance sheet of HiFi Sounds'
- •Vocabulary Notes
- •5. Income Statement of HiFi Sounds
- •Vocabulary Notes
- •Grammar Reference Грамматический справочник Личные формы глагола в предложении.
- •1. Времена глагола в действительном и страдательном залогах. Изъявительное наклонение.
- •Сводная таблица
- •Образование времен в страдательном залоге
- •Перевод сказуемого в страдательном залоге
- •Сводная таблица
- •2. Сослагательное наклонение
- •Формы сослагательного наклонения
- •Употребление сослагательного наклонения
- •3. Модальные глаголы и их эквиваленты
- •Сочетание модальных глаголов с Perfect Infinitive
- •Сочетание модальных глаголов с infinitive passive
- •4. Многофункциональные глаголы Функции глаголов should и would
- •Функции глагола то do в предложении
- •Функции глагола то have в предложении
- •Функции глагола то be в предложении
- •Он, она, оно (о неодушевленных предметах)
- •Указательное местоимение «это»
- •Наиболее употребительные составные союзы и предлоги и сочетания с as
- •What is a bank?
- •Bank Services: Old and New
- •Payments
- •Intermediation
- •Figure 1.2. Bank Goals and Constraints
- •Interest Rate Risk
- •Risk management
- •Importance of capital budgeting
- •Generating ideas for capital projects
- •Oject classifications
- •Increasing importance of financial management
- •The financial manager's responsibilities
Vocabulary Notes
m
5. Income Statement of HiFi Sounds
In dollars
1999
1998
Net sales
54120
22367
Cost of goods sold
38101
14581
Gross profit
16019
7786
Selling expenses
7732
3818
General and administrative expenses
2944
1512
Depreciation and amortization
1004
672
Other operating expenses
1351
1192
Total operating expenses
13031
7194
Operating profit
2988
592
Interest on marketable securities
0
0
Other income (including long-term investments)
2224
232
Interest expense - term notes
0
0
Interest expense - notes payable
239
151
Interest expense - long-term debt
41
44
Other noninterest expense
0
0
Profit before taxes
4932
629
Income taxes
1545
60
Net profit
3387
569
Dividends
0
0
Retained earnings
3387
569
accounts receivable - счета к получению;
inventory - производственные запасы;
prepaid expenses - расходы оплаченные;
current assets - текущие активы;
fixed assets - основные средства;
gross - валовый;
long-term investments - долгосрочные инвестиции;
intangible assets - нематериальные активы;
noncurrent assets - внеоборотные активы;
notes payable to bank - текущая задолженность перед банком;
accounts payable - счета к оплате;
term notes with current maturity - срочные обязательства с отплатой в текущем периоде;
long-term debt with current maturity - долгосрочные долговые обязательства с оплатой в текущем периоде.
Vocabulary Notes
net sales - поступления от продаж;
cost of goods sold - себестоимость продаж;
gross profit - валовая прибыль;
selling expenses - издержки по реализации;
• general and administrative expenses - общие и административные расходы;
• operating profit - прибыль от текущих операций.
Test
1. Найдите русские эквиваленты к английским терминам в колонке
слева.
1. gross |
1. баланс |
2. balance sheet |
2. касса и корреспондентские |
3. consumer loans |
счета в других банках |
4. cash and due from banks |
3. валовой |
5. allowance |
4. ссуды физическим лицам |
6. fees |
5. комиссионные платежи |
7. interests revenue |
6. скидка (на товары) |
8. premises |
7. помещения |
9. net income |
8. ссуды для перепродажи |
10. loans held for sale |
9. процентный доход 10.чистый доход |
2. Выберите английские эквиваленты к русским терминам в колонке слева.
1. операционные расходы |
1. |
available for sale |
2. легкореализуемые |
2. |
acceptances outstanding |
3. счета к получению |
3. |
accounts receivable |
4. обязательства по банковским |
4. |
accruals |
акцептам |
5. |
maturity |
5. погашения |
6. |
issuance |
6. начисления |
7. |
real estate |
7. эмиссия |
8. |
treasury stock repurchases |
8. выкуп собственных акций у |
9. |
proceeds from sale |
акционеров |
10. operating expenses |
|
9. недвижимость |
|
|
10. поступления от продаж |
|
|
Exercises
1. Прочтите Vocabulary Notes к каждому тексту.
Прочтите и переведите каждую позицию в Financial Reports (Text №1).
Сравните цифры по каждой позиции по годам и назовите позиции, которые имеют:
более высокие показатели;
более низкие показатели.
4. Выполните такие же задания по каждому тексту - №2, №3, №4,
№5.
Final Test
Выберите термин к соответствующему определению справа.
money
balance sheet
medium of exchange
store of value
credit card
commercial bank
insurance company
check
Temporary accumulation of wealth while it is needed for new purchases currency. Two of the components of the money supply - coins and paper money.
Statement of a funds financial position on a particular date.
Means of facilitating exchange and eliminating the need for a barter system.
A financial institution to the amount specified from funds on deposit.
Plastic card in making credit purchases; special credit arrangement between issues card holders and merchants.
Profit-making business that holds deposits of individuals and business in the form of checking or saving accounts and issues these funds to make loans to individuals and business.
Business that provides protection for policy holders in return for premium payments discount rate -interests rate changed by the Federal Reserve System on loans to members.
Generally accepted as a means of paying for goods and services.
revenues
exchange
asset
liability
equity
selling expenses
statement of cash flow
fixed assets
Information on a firm's cash receipt and cash payments that presents the sources and uses of cash for the firm.
Funds reserved from sales of products and services and from interest payments, dividends, royalties and rents.
Process of which two or more parties give some of value to one to satisfy fell needs.
Claim of the form creditors.
Claim against the assets of a business.
Anything of value owned or leased by a business.
Relatively permanent assets expected to be used for periods.
Expenses incurred in marketing and distributing goods and services.