Ex.6. Look at the words and phrases in the box. Match them with the correct definition from the list below
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1. money as a resource for business and other activities;
2. the capital from a business that is set aside from profit or from shares sold at higher than their original price;
3. the amount of money moving into and out of a business at a particular point in time;
4. part of the annual profit that is not paid out to shareholders as dividend, but reinvested in the company;
5. receiving money from a person, a bank, or other financial organization and agreeing to pay it back later, usually with interest;
6. money that has been borrowed and has to be paid back;
7. a person or an organization that lends money and charges interest on the repayments;
8. a way of buying goods where the buyer takes the goods and pays for them in regular instalments over a fixed period of time;
9. offering company shares for sale to the public or on a stock exchange for the first time;
10. the amount of short-term capital that a business has available to meet the day-to-day cash requirements of its operations;
11. money given for a specific purpose;
12. buildings and the land they occupy.
Ex.7. Write the appropriate word or phrase in the following spaces. Translate the sentences into Ukrainian.
1. I’d like to pay in …, please.
2. The bank agreed to give the company … of $100,000.
3. The … in our company is good because we take in much more money than we spend.
4. Our … will provide capital for the planned growth next year.
5. I applied at the bank for … at 7% interest.
6. The Ford Foundation gave the economist … for research.
7. He bought a computer on … .
8. A guard asked the stranger to leave the … .
9. As Britain recovers from recession, companies will seek to raise finance through … .
10. Goods are … to our major customers first.
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Ex.8. Fill in the missing prepositions:
Retained Profit
Retained profit is the amount … profit … tax that directors … a business decide not to distribute … their shareholders, but to keep … the business. It is held as an increase … the capital and reserves … the business, and will be used to expand the operation … the business … the purchase … assets. Retained profits form the most important source … finance … business expansion.
(for, through, in, within, to, of (6), after)
Ex.9. These words are often confused:
| to lend – to borrow | |
| to lend | is used when it would be possible to say "give" |
| to borrow | is used when it would be possible to say "take" |
Complete these sentences using the correct form of one of the words above.
Banks charge interest for money they _______. That means a person who ______ a certain amount must pay back more than he _______. Sometimes debtors must _______ money from a second bank to pay back the money ______ from the first bank within an agreed period. The ______ policies of banks differ widely. Some banks do not _____ money to private persons. Practically all banks, however, require a security before they _______ any money at all.
Exercises in Comprehension