MATCHING UNIT 14
READING
1. COMMERCIAL BANKS
2. INVESTMENT BANKS
3. PRIVATE BANKS
4. HEDGE FUNDS
5. STOCKBROKERS
6. ISLAMIC BANKS
7. NON-BANK FINANCIAL INTERMEDIARIES
VOCABULARY
1. DEPOSIT
2. LOAN
3. CAPITAL
4. STOCKS / SHARES
5. BONDS
6. MERGER
7. TAKEOVER BID
8. STOCKBROKING
9. PORTFOLIO
10.RETURNS
11.BANKRUPT
12.DEREGULATION
13.CONGLOMERATE
14.INTEREST
VERB NOUN COMBINATIONS
• CHARGE INTEREST
• DO BUSINESS
• GIVE ADVICE
• ISSUE BONDS
• ISSUE STOCKS / SHARES
• MAKE LOANS
• OFFER ADVICE
• OFFER SERVICES
• PASS LAWS
• PAY INTEREST
• PROVIDE SERVICES
• RAISE CAPITAL
• RECEIVE DEPOSITS
• SHARE PROFITS
LISTENING 1
• BEST KEPT SECRET
• HELP START UP
• HE WORKED AS A COMMERCIAL BANK • BUSINESSES GROW
MANAGER
• SITTING IN FRONT OF A COMPUTER
• LOCAL MARKETPLACE
LOOKING AT SPREADSHEETS,DOING
SOMETHING DULL
• LOCAL ENTREPRENEURS
• GOING TO SEE
READING
HTTPS://WWW.YOUTUBE.COM/WATCH?V=BX_LWM6_6TA
1. LENDERS GRANTED...
2. THE MORTGAGE LENDERS...
3. AMERICAN HOUSE PRICES...
4. THE VALUE OF...
5. SOME WENT ...
6. THERE WAS A CREDIT CRISIS...
MATCHING
1. B
2. C
3. E
4. D
5. A
LISTENING 2
1. SOCIAL COLLATERAL – A GROUP OF PEOPLE HELP EACH OTHER TO REPAY THE
LOAN
2. MAKING LOANS TO A GROUP OF PEOPLE WHO CAN HELP EACH OTHER
3. BECAUSE THE BANK MAKES SMALL LOANS TO A LARGE NUMBER OF PEOPLE,
WHICH GREATLY DIVERSIFIES THE RISK
4. IT HAS BEEN SHOWN THAT POOR PEOPLE DO REPAY THEIR LOANS, SO
MICROFINANCE CAN BE PART OF A BANK’S NORMAL BUSINESS.
5. ASIA, LATIN AMERICA AND AFRICA