Management top/middle management authority responsibility functions management principles of management delegation executive efficiency effectiveness, страница 8


I Key - terms

1.  money

8. commodity money

2.  monetary

9. fiat money

3.  monetarism

10. a medium of exchange

4.  moneytarist

11. a store of value

5.  barter

12. liquidity

6.  face value

13. near - money .

7.  coin


Text 1-2

II Words

1  precise needs

2  to coinside

3  portable

4  durable

5  recognisable

6  divisible

7  face value

8  commodity money

9  fiat money

10  a note

11  a medium of exchange

12  a unit of account

13  a store of value

14  a yardstick

15  a benchmark

16  to designate

17  deterioration

18  fund, n, v

19  a spectrum of assets

20  value n, v

III Word Combinations

1 to give monetary worth

2 to recognize as having value

3 the exact amount of smth

4  to be regarded as a symbol of smth

5  to protect people against smth

6  to designate to serve as

7  to enable smb. to do smth

8  to divorce the two functions of money

9  a temporary store of purchasing power

10  a permanent store of purchasing power

11  to forgo present consumption

12  accumulated savings

13  the capacity to retain its purchasing power

14  to value smth in terms of

15  to be convertible into one another

16  to convert into money

17  general acceptability of money

IV Prepositions

1.  irrespective of smth

2.  to be based on smth

3.  to exchange smth for smth

4.  in the search of smth

5.  a search for smth

6.  in abnormal times

7.  in exchange for

8.  in the exchange of goods and services

9.  without access to smth

10. to resort to smth

11. an outgrowth of the function

12. to carry out transactions

13. to convert into, to cash

14. claims against businesses

15. to range from … to

16. have money on you (me etc.)

Text 3

I   Words

1 a demand deposit

2 an interest – bearing checking account

3 a checkable deposit

4 transactions balances

5 liquidity

6 liquid assets

7 savings deposit

8 small denomination time deposits, large denomination time deposits

9 money market deposit accounts

10money market mutual funds

11 an item

12 an overnight repurchase agreement

13 a denomination

14 time deposit

15 demand deposit

II   Prepositions

1 at a point in time

2 to track and report on the measures of money

3 to convert to a medium of exchange

4 with some delay

5 to transfer by check (cheque)

6 limits of the number of smth

7 in the case with smth

8 to place money on a deposit

Exercises