Basic ecomonic terminology. Искренко Э.В - 19 стр.

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2. A firm that does not take deposits but does lend money to
individuals and/or businesses at rates higher than those demanded
by banks.
3. Any company that pools the resources of many investors
and uses those funds to purchase various types of securities,
depending on the fund’s investment objectives.
4. Companies that pool the resources of many investors and
use the funds to purchase short-term, low-risk financial securities.
Çàäàíèå ¹ 3. Çàïîëíèòå ïðîïóñêè â òåêñòå ñîîòâåòñòâóþùè-
ìè òåðìèíàìè:
loans funds mortgages
institutions corporate premiums
securities beneficiaries money
Life insurance companies and pension _____ are examples of
contractual saving institutions. These _____ create assets that
represent contractual relationships with buyers. Under life insurance
companies some of the money from _____ is loaned to individuals,
firms, and nonbusiness organizations or is invested. Buyers of life
insurance «save» _____ with their insurance firms. They or their
_____ get the money back later. In pensions funds pension fund
managers invest the funds in _____ stocks and bonds, government
_____, and commercial property _____. They also make _____ to
businesses.
      2. A firm that does not take deposits but does lend money to
individuals and/or businesses at rates higher than those demanded
by banks.
      3. Any company that pools the resources of many investors
and uses those funds to purchase various types of securities,
depending on the fund’s investment objectives.
      4. Companies that pool the resources of many investors and
use the funds to purchase short-term, low-risk financial securities.
Çàäàíèå ¹ 3. Çàïîëíèòå ïðîïóñêè â òåêñòå ñîîòâåòñòâóþùè-
ìè òåðìèíàìè:

      loans           funds              mortgages
      institutions    corporate          premiums
      securities      beneficiaries      money

     Life insurance companies and pension _____ are examples of
contractual saving institutions. These _____ create assets that
represent contractual relationshi ps with buyers.Under life insurance
companies some of the money from _____ is loaned to individuals,
firms, and nonbusiness organizations or is invested. Buyers of life
insurance «save» _____ with their insurance firms. They or their
_____ get the money back later. In pensions funds pension fund
managers invest the funds in _____ stocks and bonds, government
_____, and commercial property _____. They also make _____ to
businesses.




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