Vocabulary on Finance and Banking
CHECK YOUR ENGLISH VOCABULARY FOR
BANKING
AND
FINANCE
Jon Marks
A & C Black London
www.acblack.com
First edition published 1997
This second edition published in Great Britain 2007
A & C Black Publishers Ltd 38 Soho Square, London W1D 3HB
© Jonathan Marks 2007
All rights reserved. No part of this publication may be reproduced in any form without the permission of the publishers.
A CIP entry for this book is available from the British Library ISBN-10: 0 7136 8250 7 ISBN-13: 978 0 7136 8250 2 eISBN-13: 978-1-4081-0250-3 Text typeset by A & C Black Printed in Great Britain at Caligraving Ltd, Thetford, Norfolk
This book is produced using paper that is made from wood grown in managed, sustainable forests. It is natural, renewable and recyclable. The logging and manufacturing processes conform to the environmental regulations of the country of origin.
Contents
page Introduction 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. Money – the basics Banks – the basics Operating an account Credit and debit cards Internet banking Mortgages The housing market The consumer credit boom Pensions and other financial products Insurance Wills and other legal matters Money and work Currency markets 1 Currency markets 2 International payments International Banking and investments National central banks (NCBs) National economies and international trade Taxation Profit and loss accounts Balance sheets Corporate finance Mergers and acquisitions Investments The dot.com bubble Banking and financial problems Numbers and statistics Phrasal verbs for banking and finance Financial idioms and expressions Pronunciation and word-building Answer key Index 5 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 76
3
Introduction
Who is the book for? This book has been written for people whose first language is not English, and who need to use
BANKING
AND
FINANCE
Jon Marks
A & C Black London
www.acblack.com
First edition published 1997
This second edition published in Great Britain 2007
A & C Black Publishers Ltd 38 Soho Square, London W1D 3HB
© Jonathan Marks 2007
All rights reserved. No part of this publication may be reproduced in any form without the permission of the publishers.
A CIP entry for this book is available from the British Library ISBN-10: 0 7136 8250 7 ISBN-13: 978 0 7136 8250 2 eISBN-13: 978-1-4081-0250-3 Text typeset by A & C Black Printed in Great Britain at Caligraving Ltd, Thetford, Norfolk
This book is produced using paper that is made from wood grown in managed, sustainable forests. It is natural, renewable and recyclable. The logging and manufacturing processes conform to the environmental regulations of the country of origin.
Contents
page Introduction 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. Money – the basics Banks – the basics Operating an account Credit and debit cards Internet banking Mortgages The housing market The consumer credit boom Pensions and other financial products Insurance Wills and other legal matters Money and work Currency markets 1 Currency markets 2 International payments International Banking and investments National central banks (NCBs) National economies and international trade Taxation Profit and loss accounts Balance sheets Corporate finance Mergers and acquisitions Investments The dot.com bubble Banking and financial problems Numbers and statistics Phrasal verbs for banking and finance Financial idioms and expressions Pronunciation and word-building Answer key Index 5 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 50 52 54 56 58 60 62 64 66 76
3
Introduction
Who is the book for? This book has been written for people whose first language is not English, and who need to use