金融服务重点复习资料.doc

1.Financial intermediation:An organization which borrows funds from lenders and lends them to borrowers on terms which are better for both parties than if they dealt directly with each other.The process of raising funds from one source and lending those funds to another source.2.Sole proprietorship:A sole proprietorship is a one-owner business where the individual trades under his or her own name, or under a trading name. (The narrower term ‘sole trader’ is often used.)3.Partnership:A partnership or firm is ‘the relation which subsists between persons carrying on a business in common with a view of profit’.4.Limited liability partnerships:A form of partnership where the liability of the owners is limited. It is a body corporate, that is a legal person distinct from its owners who are know as members rather than partners. 5.A credit card:It is simply a plastic card enabling the cardholder to purchase goods and services to be paid for at a later date.It is a form of money transmission and also a source of revolving credit for the cardholder.6.Cheques:A cheque may be fully defined as:- an unconditional order in writing, addressed by one person, to a bank or other financial institution, signed by the person giving it, requiring the bank/financial institution, to pay on demand, a sum certain in money, to, or to the order of, a specified person or to bearer.7.Liquidity management:Liquidity management is simply the management of liquid funds, often narrowly referred to as cash and interpreted as bank current account. Liquid funds actually comprise cash, bank, short-term investments, less short-term money credit. These components were defined as ‘net liquid funds’.Lending products(分为)：8,9,10. 8.Business Term loans:中长期贷款are particularly designed to finance the purchase of tangible（fixed）assets, and are granted for amounts of hundreds of pounds upwards. Term loans are the basic commercial loan. 9.Bridging loans:are intended for situations where large-scale purchases precede m