Exercise 1.Write the term that best matches each numbered definition:
A sum of money paid to a shareholder out of profits in relation to his investment.
An account in a bank from which money can be drawn by cheque.
Profits not paid out as dividends and added to the surplus.
The money value of the shareholders stake in the bank or company.
An account in a bank in which the depositor receives interest
Exercise 2.Choose the right answer:
1. The people who decide the general policy of the bank are:
shareholders
the board of directors
the executive staff
2. The bank’s financial position can be discovered from:
a report
an announcement
a statement
3. Bank profits kept back for later use are:
withdrawals
surplus
retained profits
4. Earnings remaining after all expenses of a business activity have been paid are:
dividend
capital
profit
5. Money which one person allows another to use for a specified time and which will then be returned is:
investment
loan
interest
Task 3. Grammar
Exercise 1. Complete the sentences with the appropriate passive form of the verbs in the box.
accuse discuss estimate found know own supply sell
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1 A number of multinational enterprises taking advantage of lower wages and labour standards abroad . . .. . . . . . . . . recently .... . . . . . . . . . . . . of practising unfair competition.
2 Arnontov's ' last painting, Crescendo, . . . . . . . . . . . . . . . . . at auction tomorrow. Its value . . . . . . . . . . . . . . . . at $lm-$1.5m.
3 Currently seven of the UK's airports . . . . . . . . . . . . . . . . . . . . . . . by a company called the British Airports Authority.
4 Google . . . . . . . .. . by Larry Page and Sergey Brin in 1998.
5 Liquid petroleum gas, which . . . . . . . . . . . also . . . . . . . . . . . . as propane, is essentially for domestic users who . . . . . . . . . . . not . . . . . . . . . . . with energy through pipes, or example because they live in remote areas.
6 There are rumours of a takeover. Apparently, the matter .. . . . . . . . . . currently . . . . . . . . . . . . . . . . . . . at the highest levels.
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