金融英语课件(unit_1)
unit 1 Financial system金融英语第一课ppt课件
We have repaid the principal and interest.
As to the penalty, we must consult our principal.
Key words, phrases and special terms
7. portfolio
investment portfolios a portfolio of shares foreign portfolio investment
Warm up
If I had so much money, I would deposit $ 40,000 in the bank for a fixed period. The fixed deposit can earn steady interest for me. Since it has a good liquidity, I can draw on my deposit in need of cash.
current year.
2. allocation
allocation of capital allocation of resources
资本配置 资源配置
The total cost of the project was found on allocation to be the materials ₤ 255, labor ₤ 570, machine-hire ₤ 175, total ₤ 1000.
$ 20,000 would be put in various bonds, which are less liquid but more profitable. The prices of stocks fluctuate every day. I may risk losing my investment if choosing a wrong stock. I would only put in $ 20,000 in stocks.
金融英语
金融英语Financial EnglishChapter 1Banks in modern society（现代社会中的银行）Unit 1Basic roles and services of a bank（银行的基本职能和服务）What is a bank?（如何定义银行？）It may be advisable to define a bank as an institution for doing financial work.（可以将银行定义为从事金融工作的机构。
）Notes bankingA modern bank provides many services.（现代银行提供多种服务）。
One of the most important of these is regular pass book saving. （其中最重要的一项就是存款储蓄，）.If you go to a bank to open a saving account, （如果你去银行开立储蓄户头，）first of all you’ll be asked to fill out a signature card. （首先你得填写签名卡。
）【Saving account Deman d－deposit or checkin g－accounts, tim e－deposit.】Then you’ll be given a passbook in which your initial deposit would be recorded.（然后你就会得到一张存折，上面记载了你的初次存款。
）All deposits and withdrawals from your account are entered into your passbook.（你账上所有存、取款都将记入你的存折。
）This means that the passbook contains an actual record of saving you have at any one time. （这就是说存折实实在在记录着你每一次的储蓄情况。
Financial English 金融英语教程chapter 1 money-张铁军教材版本
2. Compound Interest S=P(I+R)n I=S-P
Page 24
1.4.2 Nominal and Real Interest Rates
1. The definition of nominal interest. P7, 1.4.2, L1-2 2. The definition of real interest. P7, 1.4.2, L3-4
Page 2
Benefits
Financial English course will provide you with:
- Greater confidence when discussing financial documents and data
- Increased verbal fluency for face-to-face negotiations
Assignment
20%
Exam
50%
Total
100%
Page 4
Part 1 Money
1. Definition of Money 2. Types of Money 3. Functions of Money 5. Interest and Interest Rate 6. Money Supply 7. China’s Monetary System
Page 5
Chapter 1 Money
Professional Terms
1．monetary area货币区 货币区是货币一体化的较高层次，它是指成员国之间的货
币建立紧密联系的地理区域。 货币区的初级阶段是固定汇率制度，包括货币局制度和美
金融英语lecture1money
MoneyIf you can actually count your money, then you are not really a rich man.——American oil billionaire J. Paul Getty What is moneyEconomists define money as anything that is generally accepted in payment for goods or services or in the repayment of debts.Types of moneyA. Commodity moneyB. Convertible paper moneyC. Fiat money(or fiat currency):Usually paper money, is a type of currency whose only value is that a government made a fiat that the money is a legal method of exchange.Unlike commodity money or representative money it is not based in another commodity such as gold or silver and is not covered by a special reserve.D. Private debt moneyE. Electronic moneyPrivate debt moneyA loan that the borrower promises to repay in currency ondemand. . IOU the checkable deposit at commercial banks and other financial institutions.Commercial notes（商业票据）:Short-term, unsecured, discounted, and negotiable notes sold by one company to another in order to satisfy immediate cash needs.Include: promissory note (期票，拮据) draft (汇票) check and so on.Electronic money: Electronic Check, Internet Payment System, Credit Card ServiceWhat does money doA. Medium of ExchangeIn almost all market transactions in our economy, money in the form of currency or checks is a medium of exchange; it is used to pay for goods and services. The use of money as a medium of exchange promotes economic efficiency by eliminating much of the time spent in exchanging goods and services. Terms: Transaction cost, Time value of moneyB. Unit of AccountThe second role of money is to provide a unit of account; that is, it is used to measure value in the economy. We measure the value of goods and services in terms of money, just as we measure weight in terms of pounds or distance in terms of miles.Note: Fiat money has not only no particular value in use; it doesn't even really have a value in exchange except that which is decreed that it would have.Terms: Good money, Bad moneyC. Store of ValueMoney also functions as a store of value: it is a repository of purchasing power over time. It is an asset. It 's something that we can use to store value away to be retrieved at a later point in time. So we can not consume today, we can hold money instead - and transfer that consumption power to some point in the future.Term: Hard currencyMeasuring Monetary Aggregates1. Measure as “money” only those assets that are most liquid, hence that function best as a medium of exchange.2. Include all financial assets in the measure of money, but weight them in proportion to their liquidity.1. M1 = Most Narrow Measure (Most Liquid)M1 = currency + traveler’s checks + demand deposits + other checkable deposits2. M2 = M1 + Less Liquid AssetsM2 = M1 + small denomination time deposits + savings deposits+ money market deposit accounts + money market mutual fund shares3. M3 = M2 + Less Liquid AssetsMoney supplyThe revenue raised through the printing of money. When the government prints money to finance expenditure, it increases the money supply. The increase in the money supply, in turn, causes inflation. Printing money to raise revenue is like imposing an inflation tax.To expand the money supply:The Federal Reserve buys Treasury Bonds and pays for them with new money.To reduce the money supply:The Federal Reserve sells Treasury Bonds and receives the existing dollars and then destroys them.InflationInflation is an increase in the average level of prices, and a price is the rate at which money is exchanged for a good or service.Here is a great illustration of the power of inflation:In 1970, the New York Times cost 15 cents, the median price of a single-family home was $23,400, and the average wage inmanufacturing was $ per hour. In 2008, the Times cost $, the price of a home was $183,300, and the average wage was $ per hour.Hyperinflation is defined as inflation that exceeds 50 percent per month, which is just over 1 percent a day. Questions1. Money is not unique as a store of value; any asset, be it money, stocks, bonds, land, houses, art, or jewelry, can be used to store wealth. Many such assets have advantages over money as a store of value: They often pay the owner a higher interest rate than money, experience price appreciation, and deliver services such as providing a roof over one's head. If these assets are a more desirable store of value than money, why do people hold money at allThe answer to this question relates to the important economic concept of liquidity.2. Rank the following assets from most liquid to least liquid:a.Checking account depositsb. Housesc. Currencyd. Washing machinese. Savings depositsf. Common stock3. Why have some economists described money during ah yperinflation as a “hot potato” that is quickly passed from one person to another4. Was money a better store of value in the United States in the 1950s than it was in the 1970s Why or why not In which period would you have been more willing to hold money5. In Brazil, a country that was undergoing a rapid inflation before 1994, many transactions were conducted in dollars rather than in Reals, the domestic currency. Why Quiz1. Fiat money is:A. credit card chargesB. CoinsC. not convertible into precious metals.D. checks Answer: C2. Which of these is not a function of money in an economyA. Store of valueB. Medium of exchangeC. Source of incomeD. Unit of account Answer:C3. Which of the following is not part of M1A. checking accountsB. traveler's checksC. savings accountsD. currencyAnswer:C4. If Mary deposits $100 of her currency in her checking account, then:A. M1 will increase by $100.B. M2 will fall by $100.C. M1 and M2 will not change.D. M2 will increase by $100.Answer:C5. If Mary moves $100 from her savings account to her checking account, then:A. M1 will not change.B. M2 will not change.C. M1 will fall by $100.D. M2 will fall by $100. Answer:B6. Which of the following is not part of M2A. Small time depositsB. CurrencyC. Institutional money market mutual fundsD. Saving accountsAnswer:C7. Inefficiencies that are created when using checks as money include:A. Checks can transfer funds slowly.B. There are too many bad checks written.C. Checkbooks can be stolen.D. Checks can be written for any amount.Answer:A8. The liquidity of an asset is:A. the ability of an asset to earn interest income.B. the amount of an asset sold at discount or premium.C. the relative ease with which an asset can be converted into a medium of exchange.D. the relative ease with which an asset can be converted into a common stock.Answer:C9. For a commodity to function effectively as money, it mustA. Be widely accepted.B. Be backed by gold or silver.C. Be indestructible.D. Be printed by the government.Answer:A10. Money supply data is generated by:A. The Department of CommerceB. The Federal Deposit Insurance Corporation (FDIC)C. The Federal Reserve System (the Fed)D. The Treasury DepartmentAnswer:C11. Which of the following correctly shows the evolution of the payments systemA. Commodity money, fiat money, checks, electronic money.B. Commodity money, fiat money, electronic money, checks.C. Commodity money, checks, fiat money, electronic money.D. Fiat money, commodity money, checks, electronic money. Answer:A12.Which of the following is true regarding money's store of value functionA. money does not allow a person to hold purchasing power from the time income is earned until it is spent.B. money is the only store of value available.C. money is the most liquid store of value available.D. money is superior to all other stores of value during periods of inflation.Answer:C13. Which of the following is not a disadvantage of electronic moneyA. People are concerned about the privacy and security of e-money transactions.B. E-money transactions cost more than paper check transactions.C. The cost of setting up a system for processing e-money payments is high.D. E-money does not allow people to take advantage of float. Answer:B14. Wealth isA. Generally accepted for the repayment of debtsB. A flow of earnings per unit of timeC. A stock conceptD. The total collection of pieces of property that serve to store valueAnswer:D15. The Fed's measurements of monetary aggregatesA. Are more reliable in the short run than the long run.B. Are revised once a year.C. Does not depend on the definition of money.D. Are more reliable in the long run than the short run. Answer:D。
牛津上海版 (三起)六年级英语上册Unit1 Growing up 课件
about在本句中的意思是“大约”，后面接数词。 以前我们学过的about的意思是“关于”。
例句：彼得大约10岁。 Peter is about ten years old.
2. In Photo 2, Sally was one year old. 在照片2中，萨莉一岁。 year old的意思是“岁”，当岁数大于一时， year old要变成复数形式，即：years old。
2. 实义动词的一般过去时 肯定式：I(You/He/She/It/We/They)+动词过去式 否定式：I(You/He/She/It/We/They)did not(didn’t) +动词原形
一般疑问句：Did I/we …?/Did you …?/Did he(she/it)…？ Did they…？
肯定回答：Yes, I(you /he /she /they) did. 否定回答：No, I(you /he /she /they) didn’t.
3. 动词过去式的构成 规则动词过去式的构成
a.一般在动词原形词尾加-ed。 如：clean→ cleaned play→ played
b.以不发音的e结尾的只加-d。 如：dance→ danced use→ used
Learn the sounds
Learn and circle
1 bean
bin
2 eat
it
3 seat
sit4 these Nhomakorabeathis
5 least
list
6 fifteen fifty
7 leave
live
一般过去时
一般过去时态表示过去某个时间发生的动作或存 在的状态，常和表示过去的时间状语连用。
复旦大学研究生金融英语PPT
How much should people get paid for investing in the stockmarket?
Investors are betting that high returns from equities will pay for decent pensions. They are kidding themselves. Equities, the best asset for the long run, higher returns, diversified portfolio, cash, government bonds, safety in the short term, risk from inflation over longer periods
unexpected death
fatal accident enquiry, inquiry court hearing庭审 awards for injury n. 判决;裁定;裁定额
prudential but non liability insurance prudential: 1. Arising from or characterized by prudence. 2. Exercising prudence, good judgment, or common sense business interruption insurance业务中断保险 loss of turnover or trading profits营业额 money insurance reimburse v. 偿还 is open to liability claims that are not quantifiable
Unit_1_英语读写教程课件_1_
Detailed Analysis of the Text
1. Under the leadership of the Party, we have opened up the path of Chinese socialism, formed its theoretical framework, established its system, developed its culture, and brought it into a new era. (Para. 1)
movement which left a lasting legacy in modern Chinese history. Choose one aspect of the legacy that you consider most relevant to China today, and explain why. 2. President Xi has mentioned the concept of the Chinese Dream in the text several times and on many other occasions. Do some research and explain what this conห้องสมุดไป่ตู้ept means. 3. In your opinion, which aspect of the text is the most thought-provoking? Why?
1
Unit
The Mission of Chinese Youths
Lead-in
Read and Respond
Detailed Analysis of the Text
《金融英语》习题答案unit1-10
“高职高专商务英语专业规划教材”Unit 1 Financial Market Research练习参考答案I.Read through the text and answer the following questions.1.A financial market is a mechanism that allows people to easily buy andsell (trade) financial securities (such as stocks and bonds), commodities (such as precious metals or agricultural goods), and other fungible items of value at low transaction costs and at prices that reflect the efficient-market hypothesis.2.The raising of capital ;the transfer of risk and international trade3.Capital markets,commodity markets,money markets, derivative markets,insurance markets and foreign exchange markets .4.Financial markets fit in the relationship between lenders andborrowers.5.Individuals, companies, governments, municipalities and publiccorporations.II. Paraphrase the following expressions or abbreviations and translate them into ChineseCheck the answers from the Special Term Lists.III. Fill in the blanks with the proper wordsThe global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. Around the world stock markets have fallen, large financial institutions have collapsed or been bought out, and governments in even the wealthiest nations have had to come up with rescue packages to bail out their financial systems.On the one hand many people are concerned that those responsible for the financial problems are the ones being bailed out, while on the other hand, a global financial meltdown will affect the livelihoods of almost everyone in an increasingly inter-connected world. The problem could have been avoided, if ideologues supporting the current economics models weren’t so vocal, influential and inconsiderate of others’ viewpoints and concerns.IV.Translation.1.金融市场包括很多方面，包括资本市场，华尔街，甚至是市场本身。
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Language Points(语言点）
9. discount n. 折扣，贴现 bank discount 银行折扣，银行贴现 cash discount 付
现折扣 compound discount 复利贴现 customary discount 行
例折扣 fellow-trader discount 同业折扣 forward 货币发行
current issue 现期刊物
economic issue 经济问题excess issue 超额发行 par issue 平 价发行
Language Points(语言点）
6. acquisition knowledge acquisition 知识收集 language acquisition 语
Banking Department 3.股份公司joint stock company 4.接
受存款机构 deposit-talking institution 5.规章制度
rules and regulations
6.执行货币政策 implement
monetary policy 7.贴现行 discount house 8.公众利益
import Bank of China, Agricultural Development Bank of China invested by the government, specialize in the financial
business according to the government’s decisions, non-profit 3. state-owned commercial banks ---- Industrial and
When was the Bank of England founded?
Unit One part B The Federal Reserve
System
教学目的与要求（Teaching targets）：
help students get some knowledge of American banking system--- The Federal Reserve System and the benefits of being a member in the Federal Reserve System and study some important specialized words related to American central banking system
charter flight 包机航班
5. issue n.流出；发行（物）（报刊）期号；问题，争端，论点
issuance 发行
an issue of blood流血
monetary issue 货币发行 the lastest issue最近一期
the burning issue of the day 燃眉之急的问题
《金融专业英语》
Finance English
Unit One Part A The Bank of England
教学目的与要求（Teaching targets）：
help students get a brief understanding of the history and the function of the Bank of England; study some specialized words and expressions related to bank business; some new basic English vocabulary
货折扣 10. clearing 清算 bank clearing 银行之间的划拨结算 exchange clearing
外汇清算 multilateral/bilateral clearing 多边/双边清算
Exercises and Key to Exercises
（1）1.英格兰银行 Bank of England 2.银行营业部
n. 特许状 priviledges granted by royal charter 皇家特许状所 给特权
章程，宪章；包租
chartered adj. (有皇家特许状的专业协会的规章)合格的
eg. A chartered engineer, accountant 特许工程师，特许会计 师
3. joint stock company = stock company
stock 股份（the difference with shares: shares 不按固定数目 发行. eg. Invest in stocks and shares 投资证券）
stockbroker 股票经纪人
stockbroking 股票经纪业务
What’s the Chinese meaning of finance?
“财务”---- from the micro scope “金融” ---- from the macro scope
What is finance?
Finance is the science of management of money, banking, investment, and credit.
言习得 lump-sum acquisition 总价采购 real estate acquisition
不动产购置 7. finance n. 财务；金融；资金v.为（计划等）提供资金，
提供款项 finance company = finance house 信贷公司，财务公司 8. treasury n.宝藏，宝库，财政部 treasury bill 国库债券 Treasury Board 财政委员会 the Treasury Department 财政部 financial treasury 财政金库
the banking system in China
1. the central bank---- the People’s Bank of China banker’s bank, to issue the national currency in China,
government’s bank 2. the policy banks ---- China Development Bank, The Export-
Language Points(语言点）
1. by virtue of = because of 由于，因为
eg. He was exempt from charges by virtue of his youth.
2. comply with 按要求，顺从
eg. She was told to pay the fine, but refused to comply.
2. The Royal Charter was sealed on 27 July 1694, and the Bank was formed for the sole purpose of financing the war against France.
3. By virtue of the Bank Charter Act 1844, the Bank of England get its sole power to issue banknotes.
stock certificate 股票，股份证书＝certificate for the purchase of shares
stock exchange 股票交易所
stockholder 股票持有人
stock-market 股票市场
Language Points(语言点）
4. charter
4. The Bank of England Act 1946 allowed the State’s acquisition of the Bank ----a transformation of the Bank from private to public ownership.
5. The Banking Act 1979 gave the Bank of England even more power to control the operations of the deposit-taking institutions.
The functions of any central bank
(Bank of England is British central bank)
1. central bank 2. banker’s bank 3. lender of last resort 4. market intervention 5. international role 6. domestic supervisory responsibilities
教学重点(Emphases and difficult points） ：