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Unit 7 Money matters
7.1 Financial Terms vocabulary
Add the missing words to the following sentences.
Banks ……. your account when you use a Euro-check abroad.
Few companies pay their shareholders a regular …….
……. Can result if you have no more income to pay all your debts.
Our customers get reminders on ……. payments.
People with large incomes or ……. Can always get credit from a bank.
Banks ……. Very high rates of interests on credit loans.
Suppliers expect their ……. To be paid promptly.
A firm’s costs include wages, interests and also …….
Although we have paid our bills regularly, we still have some outstanding…….
We hope to increase our profits for this ……. Year.
Our profits are very small despites a large …….
The increase in ……. Will not change price policy.
Every year a company must allow for ……. In the value of its machines and buildings.
7.2 Numbers and figures Speaking listening
First you should read out each set of numbers and words below.
On the recording you will someone reading out each set of numbers and words in the way in which they are spoken in English. Listen to the recording and compare it with your own reading.
Around £250 worth of the shares on offer
You can apply for 100 shares at a cost of no more than £150.
Sterling showed a 5 point gain at $1.3985.
58*72cm
44.5 *17cm
@DM98 per 100
26.8%, 47.2%, 29.9%
About £3.66 which works out at 19.5% per annum
31/4 * 2 1/4
$2.2 bn a year, 1,700
465,283
10.75%
Invoice No. R312O/SCK
Invoice No. 007059
Tel.No. 0044 533 125697
B. Now you will hear someone reading out the report below. Write down the numbers in the gaps as you hear them.
Profit before tax ______was ahead by ______ on turnover of _______, up by _____. We must allow for the _____ review of chemists’ labor and overhead costs, as well as the net impact of currency fluctuations. Adjusting for these, profits were ahead by _____ on turnover up by _______.
Retail division turnover at ____ increased by ______, and profits
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