Unit 14 - Banking Flashcards Preview

Business English - 2. Semester > Unit 14 - Banking > Flashcards

Flashcards in Unit 14 - Banking Deck (28):
1

certificates of debt issued by governments or companies to raise money

bonds

2

to take money from a bank

borrow(er)

3

the money invested in a business

capital

4

the money generated by an investment

cash flow

5

a machine from which you can take money out of your bank account

cashpoint / ATM

6

a book of checks which is given to you by your bank to make payments with

chequebook / checkbook

7

a bank with branches in many different places that offers services to people and businesses, for example, keeping money in accounts and lending money

commercial bank

8

small plastic card which can be used for paying, the money being taken from you at a later time

credit card

9

estimates of people’s ability to fulfill their financial commitments

credit rating

10

bank account that you can take money from at any time

current account, checking account

11

small plastic card. The money being taken from your bank account automatically when you pay with it

debit card

12

failure to repay a loan

default

13

money placed in a bank

deposit(or)

14

the ending or relaxing of legal restructions

deregualtion

15

a financial service where money is invested (= given to companies hoping to get more back) in a way which tries to make very big profits, but which has a big risk

hedge fund

16

a sum of money borrowed from a bank

loan

17

when a company combines with another one

merger

18

borrowing money from a bank by offering a house as a security

mortgage

19

service, where financial experts invest the money of many people in many different companies

mutual fund

20

if you withdraw more money than you have on your bank account

overdraft

21

a collection of company shares and other investments that are owned by a particular person or organization

portfolio

22

a bank which is providing banking and investment services to wealthy individuals

private bank

23

the profits made on investments

returns

24

an account in a bank which earns interest

savings/deposit account; time/notice account

25

a person or company that buys and sells stocks and shares for other people

stockbroker

26

certificates representing part-ownership of a company

stocks/shares

27

when one company offers to buy or acquire another one

takeover bid

28

cancel a bad debt or a worthless asset from an account

write off