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6. The bank has refused to issue a chequing account. Therefore, we’ll have to carry cash on us whenever we want to make a purchase.
A bill is an interest-bearing financial security which is issued by a firm or government in order to borrow short-term money to be repaid usually within three months.
To reduce his cash holdings (наличные деньги) to a minimum will be only natural for a banker since they produce no income.
Financial capital to be used in a business may either belong to the business itself or it may be borrowed from a bank.
Exercise III. Подберите определения к следующим терминам:
Current account, cheque, cash, liability, stock exchange, clearance, securities
Means of borrowing money and raising new capital issued by companies, financial institutions, governments;
Deposit which can be withdrawn on demand and which is used by depositor to finance day-today personal and business transactions;
Coins and bank-notes which are in circulation in a country;
A market where company stocks and shares as well as government bonds are bought and sold;
A form of debt, for instance, a loan;
A means of transferring or withdrawing money from a bank or building society current account.
Дата публикования: 2015-04-07; Прочитано: 690 | Нарушение авторского права страницы | Мы поможем в написании вашей работы!