Unit 14 - Banking Flashcards
certificates of debt issued by governments or companies to raise money
bonds
to take money from a bank
borrow(er)
the money invested in a business
capital
the money generated by an investment
cash flow
a machine from which you can take money out of your bank account
cashpoint / ATM
a book of checks which is given to you by your bank to make payments with
chequebook / checkbook
a bank with branches in many different places that offers services to people and businesses, for example, keeping money in accounts and lending money
commercial bank
small plastic card which can be used for paying, the money being taken from you at a later time
credit card
estimates of people’s ability to fulfill their financial commitments
credit rating
bank account that you can take money from at any time
current account, checking account
small plastic card. The money being taken from your bank account automatically when you pay with it
debit card
failure to repay a loan
default
money placed in a bank
deposit(or)
the ending or relaxing of legal restructions
deregualtion
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
hedge fund
a sum of money borrowed from a bank
loan
when a company combines with another one
merger
borrowing money from a bank by offering a house as a security
mortgage
service, where financial experts invest the money of many people in many different companies
mutual fund
if you withdraw more money than you have on your bank account
overdraft
a collection of company shares and other investments that are owned by a particular person or organization
portfolio
a bank which is providing banking and investment services to wealthy individuals
private bank
the profits made on investments
returns
an account in a bank which earns interest
savings/deposit account; time/notice account
a person or company that buys and sells stocks and shares for other people
stockbroker
certificates representing part-ownership of a company
stocks/shares
when one company offers to buy or acquire another one
takeover bid
cancel a bad debt or a worthless asset from an account
write off
