- •Vocabulary notes
- •I. Suggest the equivalents for the following terms and expressions
- •II. Suggest the equivalents for the following terms and expressions
- •III. Give the definition of the terms in English
- •IV. Fill in the Table 1 with the information required table 1. Terms Ranked from least risk to most risk for the Seller
- •V. Translate into Russian (in writing)
- •VI. Perform the analysis of the translation performed. Comment on the translation transformations used and on the mistakes if there are any.
I. Suggest the equivalents for the following terms and expressions
платеж осуществляется по отгрузочным документам
……………………………………………………………………………………….
наименование товара ………………………………………………………………
страна происхождения …………………………………………………………….
чек оплачивается в стране происхождения (товара, услуг)
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использоваться во внутренней торговле
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развивающиеся страны ……………………………………………………………
платеж должен быть осуществлен в должное время
.…………………………………………………………………………………...….
платеж в форме инкассо …………………………………………………………...
выводить из обращения крупные суммы денег
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индоссировать (выписывать вексель) …………………………………………….
контракт может предусматривать осуществление предоплаты
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II. Suggest the equivalents for the following terms and expressions
bill of lading ………………………………………………………………………...
shipping documents …………………………………………………………………
telegraphic transfer (TT) …………………………………………………………….
confirmed letter of credit ……………………………………………………………
to put down as evidence …………………………………………………………….
remittance …………………………………………………………………………...
accepting house ……………………………………………………………………..
mail remittance ……………………………………………………………………...
bill of exchange/ draft ……………………………………………………………….
payment for collection ………………………………………………………………
negotiable …………………………………………………………………………...
III. Give the definition of the terms in English
payment by cheque, payment by TT, payment by Letter of Credit, payment for collection, payment for collection against documents, payment by a draft, payment in, payment to an open account
IV. Fill in the Table 1 with the information required table 1. Terms Ranked from least risk to most risk for the Seller
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Method |
Usual Time of Payment |
Goods Available to Buyer |
Risk to Seller |
Risk to Buyer |
Comments |
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Example: |
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Cash in Advance
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Before shipment |
After payment |
None |
Complete. Relies on seller to ship exactly the goods expected, as quoted and ordered |
Seller's goods must be special in one way or another, or special circumstances prevail over normal trade practices (e.g., goods manufactured to buyer-only specification). |
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Letter of Credit (L/C)
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Confirmed Irrevocable Credit
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Unconfirmed Irrevocable Credit
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Drafts (see the next two items.)
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Sight Draft (with documents against acceptance)
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Time Draft(with documents against acceptance)
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Open Account
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