Ex.3. Complete these sentences, using the correct form (comparative or superlative) of the adjectives in brackets
1. Our profit is (big) than our competitors’.
2. He is (qualified) than the previous accountant.
3. She is much (experienced) than her friends.
4. This device is (cheap) of all.
5. She is (young) in our department.
6. This is one of the (reliable) banks in Ukraine.
7. The situation in the market is getting (difficult).
8. You have got the (small) office.
9. Money has always been the (important) thing.
10. The prices for this product are (high) here.
11. I hear you were having problems last year. Is your business (good) this year?
12. I am so happy. This is (good) news I’ve heard for ages!
13. That hotel was very cheap. I expected it to be much (expensive).
14. If you need any (far) information, please contact our bank.
15. It was (bad) experience in my life.
16. This is (difficult) decision I’ve made for years.
17. The quality of our product is rather high, but we must make it still (high).
18. This company’s products are (expensive) on the market.
19. This supermarket offers (low) prices than any other local supermarket.
20. We were disappointed as the presentation was (successful) than we expected.
21. The banking system of Ukraine is becoming (dependent) on global processes.
Ex.4. Make up sentences using the present perfect and a superlative adjective.
E.g. difficult decision/make
It's the most difficult decision I have ever made.
1. cheap hotel/stay in
2. fast car/drive
3. reasonable boss/work for
4. boring presentation/hear
5. difficult customers/deal with
6. good product/produce
7. bad job/have
8. simple computer program/use
9. reliable bank/deal with
10. profitable contract/make
11. bad mistake/make
12. expensive thing/buy
13. big company/work for
14. long meeting/be to
Speech and Discussion
Ex.1. Describe the differences between central banks and other financial institutions in the banking industry.
Ex.2. Discuss the role of the National Bank of Ukraine as you see it today. Do you feel it is doing an effective job? Why or why not?
Ex.3. Name some big commercial banks in Ukraine. Would you deposit your money in a bank that did not offer state insurance protection?
Ex.4. Familiarize yourself with the following idioms. Consult your dictionary and translate the sentences into Ukrainian. Think of situations where you could use them.
1. The gambler broke the bank at the casino.
2. Loan sharks operate outside the law.
3. You can bank on him to do what he promises.
4. He touched all the bases in his talk about the new product.
5. When they could not pay their taxes, they were behind the eight ball because the government fined them more money.
Ex.5. Comment on the following:
“A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain.”
(Frost)
Lesson 3
Text: Banking Services
Grammar: Comparison of Adverbs
Terms to remember:
| banking facilities | ™ | банківські послуги, банківські операції |
| credit card | ™ | кредитна картка |
| repay (v) | ™ | розрахуватися (за щось); повертати (борг) |
| rate of interest | ™ | позиковий процент |
| overdraft | ™ | перевищення кредиту; овердрафт |
| direct debit | ™ | пряме дебетування |
| standing order | ™ | постійне доручення |
| transfer (v) | ™ | переказувати (гроші); перераховувати (суми) |
| foreign exchange | ™ | іноземна валюта |
| diversify (v) | ™ | урізноманітити (діяльність); диверсифікувати |
| insurance | ™ | страхування |
Banking Services
Modern banks offer many services to businesses as well as to individual customers. The service menu of banks does not remain unchanged as new services are constantly being introduced.
Here are some of the most widely used banking facilities:
A credit card enables the holder to buy goods and repay the credit card issuer at a later date.
A loan is an amount of money borrowed from the bank which must be repaid at a fixed rate of interest.
A mortgage is a loan to buy property.
An overdraft is a loan made by a bank to a customer so he/she may take out more money than is actually in a bank account.
As well as offering credit facilities, banks provide services to allow customers to make payments:
Direct debit is a system of paying bills, etc. by having money automatically transferred from a bank account.
A standing order is an arrangement with a bank to pay a certain amount to another person or organization at regular intervals.
Most banks offer a foreign exchange service – the facility to change money from one currency to another.
In recent years banks have diversified, and now offer such services as insurance, investment advice, private pension plans, and home-banking (telephone, SMS and Internet) facilities.
Exercises in Word Study
Ex.1. Form nouns from the following verbs:
hold, issue, loan, bank, credit, pay, borrow, insure, invest, advise.