Task 1. Translate the text in writing.

1. The main subjects of the financial market are domestic economies, firms and enterprises, financial institutions and the state.
Through financial institutions (banks, insurance companies, trust funds) the savings of domestic economies, firms and enterprises are
transferred to other subjects of management and enable them to satisfy their need in means for the expansion of their activity.

2. The state, granting a loan and receiving the loan, plays the main role at the financial market. It carries out its influence through management of interest, money supply, credits, currency rate. Subjects of the financial market can act as borrowers and investors. And financial institutions play the role of intermediaries at this market. Borrowers are physical or legal persons who involve means of other subjects for the development of their activity.

3. Investors are citizens and legal persons of the country, and also foreign citizens, firms, states who make decisions on the insertion of personal, borrowed or involved means into the objects of investment. Financial institutions are intermediaries which provide the meeting of the investor and borrower.

Task 2. Read the text again and find the word that means.

1.insurance company

2. money supply

3. investment

4. borrower

5. loan

Task 3. Fill in the gaps with appropriate words:failure, issue, stock, credit card, safe-keeping, borrow, funds, payment, taxes, to produce.

1. Buying and selling securities take place in stock market.

2. Banks will transfer funds from deposit account into current account.

3. Government and central banks also issue paper credit money.

4. Taxes are usually classified as direct and indirect.

5. Sole Proprietors and partnerships can borrow the money they need from a financial institution, such as a bank.

6. Banks originated as places to which people took their valuables for safe-keeping.

7. In Britain some banks also issue credit card.

8. The most generally used method of payment in the export trade today is the letter of credit.

9. Production takes place when individuals agree to work together to produce an output and somehow to divide the proceeds from its sale.

10. The owner has complete control over the business and is totally responsible for its success or failure.

Task 4. Open the brackets and put the verb in the appropriate tense form.

1. When United States first developed banks the banks issued bank notes.

2. The government controls the supply of money in the economy.

3. The United States has developed a variety of regulatory institutions which are designed to control corporations.

4. In a week borrowers will receive the loan which needs for them to build a new factory.

5. The Federal Reverve System was found by Congress in 1913.

6. By that time stockbrokers have already earned income.

7. Now the firm is reducing the Volume of trading.

8. I thought they have already gone into liquidation.

9. Full-bodied money coins have been issued by government.

10. Some new proposals are being considered by the meeting now.

Date: 2015-12-11; view: 1041