Active Vocabulary. banking банковское дело

banking банковское дело

to make a career in smth. сделать карьеру в чем-либо

bank services банковские услуги

checking account чековый счет

savings account сберегательный счет с установленным процентом

safety deposit box сейф для депозитов, предоставляемый частным лицам в банке

insurance страхование

to make a loan to smb. давать заем кому-либо

to be eligible for a loan подходящий для займа (т.е. признаваемый платежеспособным)

long-term loan долгосрочный заем

short-term loan краткосрочный заем

prime-rate наименьший процент со ссуды, установленный в определенное время и в определенном месте

preferred customer привилегированный клиент

to be available наличный, имеющийся в распоряжении

line of credit кредитный лимит

to borrow занимать

letter of credit кредитное письмо, аккредитив

credit reference letter рекомендательное кредитное письмо

Vocabulary Exercises

Exercise 1. Change the sentences according to the model.

Model: We use the safety deposit boxes (sometimes).

We sometimes use the safety deposit boxes.

1. All the banks provide credit services (usually).

2. Banks give investment advice (sometimes).

3. Banks charge interest (always).

4. You can borrow money quickly (rarely).

5. Businesses want to borrow money (frequently).

6. The amount of interest depends on the prime-rate (generally).

7. Companies need a line of credit (seldom).

8. A line of credit is available (occasionally).

Exercise 2. Change the sentences from active into passive according to the model.

Model: They use the safety deposit boxes very often.

Safety deposit boxes are used very often by them.

1. Federal government supervises and charters national banks.

2. This bank is asking ten percent interest.

3. The bank requests a financial statement of the company.

4. Their company takes a long-term loan from the Federal Bank.

5. The executive shows the company's expenses.

6. The manager is instructing the secretary.

Exercise 3. Answer the questions.

1. Is there a difference between banking systems in the Russia and western countries? What is the difference?

2. What bank services are you familiar with?

3. Do the banks in this country have safety deposit boxes?

4. Whom do the banks make loans to in this country?

5. What kind of loan would you prefer, long-term loan or short-term loan?

6. What prime-rates are available in this country?

7. What does the line of credit of the enterprise depend on?

8. What is a credit letter written for?

9. What can one do with credit reference letter?