Basic ecomonic terminology. Искренко Э.В - 18 стр.

ÒÅÌÀ ¹ 4
                 NON-DEPOSITORY FINANCIAL
                 INSTITUTIONS

      1. Pension fund — money put aside under a pension plan set up
by employers or labour unions to provide for the systematic payment
of benefits to retired employees.
      2. Life insurance company — an insurance company that in
return for payment of a premium pays a cash benefit to a surviving
person or firm (the beneficiary) upon the death of the insured
person.
      3. Money market mutual fund — a pool of funds invested in U. S.
Treasury bills, commercial paper (corporations’ short-term debt
instruments), or «jumbo» ($100,000 or more) CD.
      4. Investment company — a financial institution that pools
funds from individual investors to create a portfolio of assets that
may include stocks, bonds, or money market securities.
      5. Mutual funds — investments companies that pool investors’
funds to buy stocks, bonds, and other securities.
      6. Insurance company — a company to which most businesses
or individuals transfer the risk. Insurance companies issue policies
that specify the terms and conditions under which certain risks are
covered.
      7. Finance companies — non-banking companies in the business
of making loans to individuals, businesses, or both.
      8. Money market funds — institutions that pool contributions
from a large number of investors who wish to put their money into
a variety of short-term securities and loans.
Çàäàíèå ¹ 1. Äàéòå àíãëîÿçû÷íûå ýêâèâàëåíòû ñëåäóþùèì ðóñ-
ñêîÿçû÷íûì òåðìèíàì:
     1) èíâåñòèöèîííûé ôîíä äåíåæíîãî ðûíêà; 2) ôèíàíñî-
âàÿ êîìïàíèÿ; 3) ïåíñèîííûé ôîíä; 4) îáùåñòâî ïî ñòðàõîâà-
íèþ æèçíè; 5) èíâåñòèöèîííûé ôîíä îòêðûòîãî òèïà; 6) èíâå-
ñòèöèîííàÿ êîìïàíèÿ; 7) ñòðàõîâàÿ êîìïàíèÿ; 8) âçàèìíûé ôîíä.
Çàäàíèå ¹ 2. Ïðî÷èòàéòå îïðåäåëåíèÿ è óêàæèòå òåðìèíû,
ñîîòâåòñòâóþùèå èì.
      1. A pool of funds managed to provide retirement income for
its members.
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