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
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