Unit 14 - Banking Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

certificates of debt issued by governments or companies to raise money

A

bonds

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

to take money from a bank

A

borrow(er)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

the money invested in a business

A

capital

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

the money generated by an investment

A

cash flow

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

a machine from which you can take money out of your bank account

A

cashpoint / ATM

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

a book of checks which is given to you by your bank to make payments with

A

chequebook / checkbook

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

a bank with branches in many different places that offers services to people and businesses, for example, keeping money in accounts and lending money

A

commercial bank

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

small plastic card which can be used for paying, the money being taken from you at a later time

A

credit card

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

estimates of people’s ability to fulfill their financial commitments

A

credit rating

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

bank account that you can take money from at any time

A

current account, checking account

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

small plastic card. The money being taken from your bank account automatically when you pay with it

A

debit card

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

failure to repay a loan

A

default

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

money placed in a bank

A

deposit(or)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

the ending or relaxing of legal restructions

A

deregualtion

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

a financial service where money is invested (= given to companies hoping to get more back) in a way which tries to make very big profits, but which has a big risk

A

hedge fund

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

a sum of money borrowed from a bank

A

loan

17
Q

when a company combines with another one

A

merger

18
Q

borrowing money from a bank by offering a house as a security

A

mortgage

19
Q

service, where financial experts invest the money of many people in many different companies

A

mutual fund

20
Q

if you withdraw more money than you have on your bank account

A

overdraft

21
Q

a collection of company shares and other investments that are owned by a particular person or organization

A

portfolio

22
Q

a bank which is providing banking and investment services to wealthy individuals

A

private bank

23
Q

the profits made on investments

A

returns

24
Q

an account in a bank which earns interest

A

savings/deposit account; time/notice account

25
Q

a person or company that buys and sells stocks and shares for other people

A

stockbroker

26
Q

certificates representing part-ownership of a company

A

stocks/shares

27
Q

when one company offers to buy or acquire another one

A

takeover bid

28
Q

cancel a bad debt or a worthless asset from an account

A

write off