Reading-five Cs.pptVIP

Reading --The “Five C’s” of Business Credit Analysis Warm-up questions: 1. Do you know what “credit” means? 2. What is the importance of business credit? 3. Do you have any idea of “credit risk”? What would you consider if you are to loan money to a business? language points Definition of credit 1. the borrowing capacity of an individual or company信誉,赊购限度; (His credit is good for only￡50.) 2. money available for a client to borrow 贷款; (The bank refused further credits to the company.) Definition of credit 3. an accounting entry acknowledging income or capital items 贷方; (Does this item go among the credits or the debits?) 4. educational recognition that a course of studies has been successfully completed 学分(course credit) 5. Reputation, good name信誉(Her credit is good.) back Language Points:access n. opportunity or right to use sth, or to see or approach sb.接近，进入 Have (get) access to e.g. All the students have free access to Internet / the swimming pool. Only high-ranking officials have access to the president. Dilemma n. 进退两难之境；困境；进退维谷 The doctor was in a dilemma as to whether to tell the patient the truth about his condition or not. The ideas of how to help their company get out of dilemma occupied his mind. 他首先想的是怎样帮助他们的公司走出困境。 Track record Track record: record of history and achievements E.g. An expert who has a track record of many years of experience in solving industrial tasks Track record and outlook 业绩与展望 prospective Adj. Hoped for, looked forward to有望的，预期的，未来的 Prospective advantages/ wealth 预期的利益（财富） A prospective buyer可能的买主 My prospective bride我未来的新娘 The prospective Labour candidates 未来的工党候选人 The “Five C’s” Capacity (to repay)偿还能力 Capital资产 Collateral抵押品；担保物 Conditions条件 Character品质 1. Capacity (to repay) Factors to be considered by the lenders: (1) (2) (3) … Factors to be considered by the lenders: (1) the cash flow (2) the timing of the repayment (3) the probability of successful repayment (4) payment history (5) Contingent（应急的） so