Basic ecomonic terminology. Искренко Э.В - 10 стр.

      c) A privately owned, profit-seeking depository financial
institution that serves its customers by accepting deposits that can
be withdrawn on demand, by accepting savings deposits, and by
making loans.
      d) An institution whose role is to provide for the creation, use,
and flow of money.
      e) Buying or selling foreign currencies.
      f) Any national currency widely accepted in payment in
international markets.
      g) The reduction of the value of a nation’s currency relative to
the currencies of other countries.
      h) The coins and paper that make up the cash in a society.
      i) Anything that is generally accepted in an economy as a medium
of exchange, a unit of account, a store of purchasing power, and a
standard of deferred payment.
      j) Pieces of paper used as a medium of exchange.
      k) Coins which have a face value greater than their intrinsic
value.
      l) Pieces of paper promising to pay a specific amount of
money to the bearer in gold.
      m) A depository institution that accepts deposits from the
general public and lends funds mainly for mortgages on homes and
other real estate.
      n) A depository institution that accepts deposits mostly from
small savers, pays them interest and invests the funds mainly in real
estate mortgages and government securities.
      o) A financial institution that is authorized to accept deposits
that are withdrawable by check.
Çàäàíèå ¹ 3. Ïðî÷èòàéòå îïðåäåëåíèÿ è óêàæèòå òåðìèíû, ñî-
îòâåòñòâóþùèå èì.
      1. Commercial banks and other financial institutions that obtain
funds by accepting deposits from the public.
      2. An association of persons who are employed at the same firm
or are members of the same labor union which accepts deposits from
its members and makes loans to them.
      3. For-profit institutions that accept deposits in the form of
checking savings accounts and use them to lend money to businesses
and individuals.


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