- •English for future Bankers and Financiers
- •Рецензенты:
- •Л.А. Коняева;
- •Т.И. Добрыдина
- •Пояснительная записка
- •Content
- •Unit 1. Bank organization Part 1. Reading Practice
- •Vocabulary notes
- •1. Make up several sentences of your own using the vocabulary notes. Read them aloud for your group-mates and ask someone to translate.
- •2. Read and translate the dialogue
- •4. Read and translate Text a Text a
- •5. Answer the following questions based on Text a:
- •6. Explain the following expressions.
- •7. Choose the right answer:
- •8. Complete the following sentences in English:
- •9. Fill in the blanks with proper words or phrases.
- •10. Read and translate text b using a dictionary Text b
- •11. Answer the following questions based on text b:
- •12. Make up sentences of your own using the following expressions from text b.
- •13. Say what is true and what is false. Correct the false sentences.
- •14. Match the following words with the correct definition from the list.
- •15. Using the words in brackets, explain the meaning of the following terms:
- •16. Look through the text and then fill the spaces with the words below. Translate the text into Russian.
- •Part 2. Speech Practice
- •Situation 1
- •Situation 2
- •Brainstorming activity Problem 1
- •Problem 2
- •Final discussion
- •Unit 2. Bank deposits Part 1. Reading Practice
- •1. Make up several sentences of your own using the vocabulary notes. Read them aloud for your group-mates and ask someone to translate.
- •2. Read and translate the dialogue
- •3. Answer the following questions based on the dialogue:
- •4. Read and translate text a Text a
- •5. Answer the following questions based on text a:
- •6. Explain the following expressions.
- •8. For each of the following phrases find the expression in the text or in the dialogue that explains it.
- •9. Fill in the blanks with proper words or phrases.
- •10. Read and translate text b using a dictionary Text b
- •11. Answer the following questions based on text b:
- •12. Make up sentences of your own using the following expressions from text b.
- •13. Say what is true and what is false. Correct the false sentences.
- •14. Using the words in brackets, explain the meaning of the following terms:
- •15. Match the following words with the correct definition from the list.
- •16. Look through the text and then fill the spaces with the words below. Translate the text into Russian.
- •Part 2. Speech Practice
- •Situation 1
- •Situation 2
- •Brainstorming activity Problem 1
- •Problem 2
- •Final discussion
- •Unit 3. Bank lending Part 1. Reading Practice
- •Vocabulary notes
- •1. Make up several sentences of your own using the vocabulary notes. Read them aloud for your group-mates and ask someone to translate.
- •2. Read and translate the dialogue
- •3. Answer the following questions based on the dialogue:
- •4. Read and translate text a Text a
- •5. Answer the following questions based on text a:
- •6. Explain the following expressions:
- •7. Choose the right answer:
- •8. Complete the following sentences in English.
- •9. Fill in the blanks with proper words or expressions.
- •10. Read and translate text b using a dictionary
- •11. Answer the following questions based on text b:
- •12. Make up sentences of your own using the following expressions from text b.
- •13. Say what is true and what is false. Correct the false sentences.
- •14. Using the words in brackets, explain the meaning of the following terms:
- •15. Match the following words with the correct definition from the list.
- •16. Look through the text and then fill the spaces with the words below. Translate the text into Russian.
- •Part 2. Speech Practice
- •Brainstorming activity
- •Problem 2
- •Final discussion
- •Unit 4. Types of Banking Institutions and their services Part 1. Reading Practice
- •1. Make up several sentences of your own using the vocabulary notes. Read them aloud for your group-mates and ask someone to translate.
- •2. Read and translate the dialogue.
- •3. Answer the following questions based on the dialogue:
- •4. Read and translate text a Text a
- •5. Answer the following questions based on text a:
- •6. Explain the following expressions:
- •7. Find the names of banking and financial institutions mentioned in the dialogue and the text and match them with the definitions given in the exercise.
- •8. Complete the following sentences in English.
- •9. For each of the following phrase find the expression in the text that explains it.
- •10. Fill in the blanks with proper words or phrases.
- •11. Read and translate text b using a dictionary Text b
- •12. Answer the following questions based on text b:
- •13. Make up sentences of your own using the following expressions from text b.
- •14. Say what is true and what is false. Correct the false sentences.
- •15. Using the words in brackets, explain the meaning of the following terms:
- •16. Match the following words with the correct definition from the list.
- •17. Look through the text and then fill the spaces with the words below. Translate the text into Russian.
- •Part 2 Speech Practice
- •Situation 1
- •Situation 2
- •Brainstorming activity Problem 1
- •Problem 2
- •Final discussion
- •Unit 5. Financial instruments Part 1. Reading practice
- •1. Make up several sentences of your own using the vocabulary notes. Read them aloud for your group-mates and ask someone to translate.
- •2. Read and translate the dialogue
- •3. Answer the following questions based on the dialogue:
- •4. Read and translate text a Text a
- •5. Answer the following questions based on text a:
- •6. Explain the following expressions:
- •7. List all the forms of money mentioned in the passage and match thет with the following definitions.
- •8. Choose the right answer.
- •9. For each of the following phrases find another one in the text that explains it.
- •10. Read and translate text b using a dictionary Text b
- •11. Answer the following questions based on text b:
- •12. Make up sentences of your own using the following expressions from text b.
- •13. Say what is true and what is false. Correct the false sentences.
- •14. Using the words in brackets, explain the meaning of the following terms:
- •15. Match the following words with the correct definition from the list.
- •16. Look through the text and then fill the spaces with the words below. Translate the text into Russian.
- •Part 2. Speech Practice
- •Situation 1
- •Unit 6. Bank Investments and common stocks Part 1. Reading Practice
- •1. Make up several sentences of your own using the vocabulary notes. Read them aloud for your group-mates and ask someone to translate.
- •2. Read and translate the dialogue
- •3. Answer the following questions based on the dialogue:
- •4. Read and translate Text a Text a
- •5. Answer the following questions based on text a:
- •6. Explain the following expressions:
- •6. Find proper definitions:
- •7. Choose the right answer:
- •8. Complete the following sentences in English:
- •9. For each of the following phrases, find the expression in the text that explains it.
- •10. Read and translate Text b using a dictionary Text b
- •11. Answer the following questions based on text b:
- •12. Make up sentences of your own using the following expressions from text b.
- •13. Say what is true and what is false. Correct the false sentences.
- •14. Using the words in brackets, explain the meaning of the following terms:
- •15. Match the following words with the correct definition from the list.
- •16. Look through the text and then fill the spaces with the words below. Translate the text into Russian.
- •Part 2. Speech Practice
- •Situation 1
- •Situation 2
- •Problem 1
- •Problem 2
- •Final discussion
- •Supplement: Helpful phrases
16. Look through the text and then fill the spaces with the words below. Translate the text into Russian.
Limited liability, jointly owned, separate legal entity, shares of stock, are not liable, stockholders
Small businesses are often owned by an individual or by a partnership consisting of two or more people, that is ... (1). Ownership in a corporation is represented by ... (2). A corporation is ... (3) and responsible for its own debts. The individual owners, called ... (4), ... (5) for corporate obligations. This concept, known as ... (6) has made possible the growth of giant corporations.
Part 2. Speech Practice
Step 1. Study the following text about stocks and dividends.
Большинство обыкновенных акций дает их держателям право на посещение ежегодных собраний акционеров и на голосование по всем важным вопросам, затрагивающим деятельность корпораций (в частности, по изменениям в уставе корпорации, вопросам слияний и приобретений, по вопросам рекапитализации, финансовой реорганизации, выборам совета директоров корпораций).
Поскольку большинство акционеров не могут (или не желают) посещать собрания, корпорации обязаны оформлять доверенности (to proxy), по которым акционеры передают корпорации (совету директоров) право голосовать от имени держателей акций на ежегодных или специальных собраниях.
Акции дают их держателям право на получение части прибыли корпорации в форме дивидендов. Дивиденды — это часть прибыли корпорации, распределяемая между акционерами в виде определенной доли от стоимости их акций. Дивиденды на обыкновенные акции выплачиваются только после уплаты всех налогов, процентов по облигациям и дивидендов по привилегированным акциям (если таковые выпущены). Таким образом, они выплачиваются из текущей чистой прибыли или остатка прибыли прошлых лет. Дивиденды обычно выплачиваются на поквартальной основе, но по усмотрению совета директоров корпорации эти правила могут быть изменены. Дивиденды могут выплачиваться наличными, в форме имущества и в форме акций самой корпорации.
Дивиденды наличными устанавливаются в долларах на акцию (например, 1 доллар 30 центов на акцию). Дивиденды в форме имущества обычно представляют собой акции дочерних компаний, но это может быть также и собственная продукция корпорации. Дивиденды в форме акций указываются в процентах.
Например, если компания «X» объявляет 5-процентный дивиденд в форме акций, то это будет означать, что держатель 100 акций получит акционерный сертификат на пять новых акций (то есть после этого он станет держателем 105 акций). С точки зрения корпорации, эта форма в принципе достаточно выгодная, поскольку не требует крупных единовременных затрат наличных средств. Определенные преимущества такая форма дает и индивидуальным держателям акций: ставка налога на дивиденды в форме акций ниже ставки подоходного налога, который взимается при получении дивидендов наличными. В то же время, если индивидуальный инвестор желает материализовать выгоду, полученную в форме дополнительных акций, он может их продать. Правда, при этом считается, что держатель акций несет определенные потери: продавая часть своих акций, он сокращает долю участия в корпорации.
При ликвидации корпорации держатели обыкновенных акций могут претендовать на часть активов компании только после того, как будут урегулированы отношения с держателями облигаций, будут погашены все прочие обязательства и удовлетворены претензии держателей привилегированных акций. Акционеры имеют право на проверку некоторых документов и отчетностей своих корпораций (например, списка акционеров, протоколов собрания акционеров и определенных бухгалтерских отчетов).
Step 2. Render the text in English using vocabulary notes.
Step 3. Role play the following situations. Use the information from the text.