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Латыгина Базовый курс економики на англ.doc
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Exercises in Word Study

Ex.1. Form adjectives from the following nouns:

finance, business, profit, government, commerce, work, reserve.

Ex.2. Give the English for:

залучати фінанси; управляти витратами; мати фінансові резерви; додатковий капітал, купувати нові приміщення; потік готівки, виробництво товарів та послуг; здобувати капітал; нерозподілений прибуток; позика коштів; випуск акцій; урядові субсидії; податок; акціонери; кредитор; фондова біржа.

Ex.3. Match words from list A with words from list B that have a similar meaning:

A

B

share flotation

creditor

hire purchase

shareholder

profit

obtain

preserve

buy

expand

stockholder

instalment plan

lender

share offering

purchase

earnings

enlarge

keep

get

Ex.4.Find suitable opposites to the following words:

borrowing, profit, to sell, cheap, lender.

Ex.5. Match the nouns in the left hand column with the verbs in the right hand column:

capital

loan

finance

arrange

repay

take out

raise

supply

apply for

borrow

invest

lend

Ex.6. Look at the words and phrases in the box. Match them with the correct definition from the list below.

  1. money as a resource for business and other activities;

  2. the capital from a business that is set aside from profit or from shares sold at higher than their original price;

  3. the amount of money moving into and out of a business at a particular point in time;

  4. part of the annual profit that is not paid out to shareholders as dividend, but reinvested in the company;

  5. receiving money from a person, a bank, or other financial organization and agreeing to pay it back later, usually with interest;

  6. money that has been borrowed and has to be paid back;

  7. a person or an organization that lends money and charges interest on the repayments;

  8. a way of buying goods where the buyer takes the goods and pays for them in regular instalments over a fixed period of time;

  9. offering company shares for sale to the public or on a stock exchange for the first time;

  10. the amount of short-term capital that a business has available to meet the day-to-day cash requirements of its operations;

  11. money given for a specific purpose;

  12. buildings and the land they occupy.

Ex.7. Write the appropriate word or phrase in the following spaces. Translate the sentences into Ukrainian.

  1. I’d like to pay in …, please.

  2. The bank agreed to give the company … of $100,000.

  3. The … in our company is good because we take in much more money than we spend.

  4. Our … will provide capital for the planned growth next year.

  5. I applied at the bank for … at 7% interest.

  6. The Ford Foundation gave the economist … for research.

  7. He bought a computer on … .

  8. A guard asked the stranger to leave the … .

  9. As Britain recovers from recession, companies will seek to raise finance through … .

  10. Goods are … to our major customers first.

distributed; share issues; premises; hire purchase; a grant; retained profit; cash flow; a loan (2); cash.

Ex.8. Fill in the missing prepositions:

Retained Profit

Retained profit is the amount … profit … tax that directors … a business decide not to distribute … their shareholders, but to keep … the business. It is held as an increase … the capital and reserves … the business, and will be used to expand the operation … the business … the purchase … assets. Retained profits form the most important source … finance … business expansion.

(for, through, in, within, to, of (6), after)

Ex.9. These words are often confused:

to lend – to borrow

to lend

is used when it would be possible to say "give"

to borrow

is used when it would be possible to say "take"

Complete these sentences using the correct form of one of the words above.

Banks charge interest for money they _______. That means a person who ______ a certain amount must pay back more than he _______. Sometimes debtors must _______ money from a second bank to pay back the money ______ from the first bank within an agreed period. The ______ policies of banks differ widely. Some banks do not _____ money to private persons. Practically all banks, however, require a security before they _______ any money at all.

Exercises in Comprehension

Ex.1. Answer the following questions.

  1. What do businesses need financial reserves for?

  2. What do companies need working capital for?

  3. What are the four main ways of obtaining capital?

  4. What is meant by the “retained profit”?

  5. Is retained profit distributed to shareholders?

  6. What are the main types of lenders to business?

  7. When do companies make share flotations?

Ex.2. Sum up what you remember about:

  1. financial reserves;

  2. retained profit;

  3. borrowing;

  4. share flotations;

  5. grants and loans.

Grammar Revision

First Conditional:

Form:

if + Present Simple/Continuous, + will + infinitive

Use:

We use the first conditional:

  • to talk about a likely situation and its probable result in the future.

If the weather keeps warm, we’ll go to the river.

  • to give advice, threats and to make promises.

If I have time, I’ll help you.

Ex.1. Finish these sentences using the first conditional.

  1. If he washes my car, … .

  2. If you smoke, … .

  3. If you need a lot of money, … .

  4. If you fail your test in math, … .

  5. If she loses her weight, … .

  6. If you phone me tonight, … .

  7. If I go to the party, … .

  8. If it rains, … .

  9. If I eat a lot of sweets, … .

  10. If we get this loan, … .

  11. If you skip classes, … .

  12. If you buy a new flat, … .

  13. If inflation rises, … .

  14. If I can afford it, … .

  15. If you feel underpaid … .

Ex.2. Put the verbs in brackets into the correct form.

  1. If you (see) Mary, tell her I have a message for her.

  2. If he (refuse) to help, I’ll have to manage without him.

  3. What will we do if he (not meet) us?

  4. If I (get) a work permit, I’ll stay for another three weeks.

  5. If you (help) us, the job will only take an hour.

  6. If I find his passport, I (phone) him at once.

  7. If you leave your car unlocked, someone (steal) it.

  8. Unless she (sell) more, she won’t get much commission.

  9. If I lend you $ 100, when you (repay) me?

  10. If we (make) share issues this month, we’ll raise our finance.

  11. If you manage to get cheap loans, the firm (stay) in business.

  12. If we (need) extra capital, we’ll apply at the bank for a loan.

  13. If you (be) in difficulties with money, I’ll help you by all means.

  14. If I (finish) this work before six, I'll let you know.