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Answer the questions using expressions from A and B texts




1) Two ferry companies with ferries on the same route secretly meet in order to decide the prices they will charge next summer. What are they guilty of?

2) A company that wants to keep its share price high makes secret payments to investors who buy its shares. What are the company and investors guilty of?

3) A rich businessman lends $1 million to a politician so that he can buy a house. The politician pays no interest on the loan and does not mention it when asked to give a complete account of his finances. Which word, used especially about politicians, do people use to talk about this?

4) Specialists in one department of a financial institution are advising Company X on a merger with another company. In another department of the financial institution, traders hear about this and buy large numbers of Company Xs shares. What are they guilty of? (2expressions)What should the financial institution do to prevent this?

5) A company selling weapons to a foreign government makes secret payments to politicians who make decisions on which companies to buy arms from. What could these payments to be called? (4 expressions) What is the company and the government guilty of? (2expressions)

 

Match the words with their equivalents

a. fraud b. bribery c. counterfeiting d. forgery e. embezzlement f. scam g. racketeering h. faking i. money laundering 1) ө қ 2) қ ұ 3) ққ 4) 5) қ 6) ғ қ 7) 8) ққ 9) ғ ә

 

Translate the article into English.

ң қ

қ ҰҰ

Ққ.

ңғ ү қғғ қ қ ғ . ұ ғң Ққ ғ ңқ ққ қ ә ө ө қ ң ү ғ. ғ ң құ ү ә ұ қ қ.

ң әң ә, ө ғ қ өң ә қғ қ қғғ ғ. ә қ ң өғ Қ ң ғ ө ң ө , қ қң қ ғ . ғ, ң қ ғ қ қ ғ, өғ.

ұ үң , ә, 13 қ . , ң 1 ... қ ә ң ө ұ ә , ң қғғ қғ ү ұқ ... ң ңғ қ қ ққғ ү ү қ ұғ құқ ғ. ұ қ ғ , , ұқ ә қ ққғ ө ғ қ қ ү ұққ қ құ қ ә қғ.

қғ қң өң , ү қ ғ қ ғ ә ү қ . қғ ғ ө ұ қ ұ Ү ұғғ . ә Ү 10 ү өң өқ қ қ. Ққ ғң өғ қ ҚҰ қ ғ ө қ . ҳ, ң ұ, ң ққ ғ ө .


Unit 8 Banking

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Cards and accounts

a) Decide which of the alternatives (A-H) each speaker is talking about. Write the letter of your answer in the box at the end of the sentence. There are two alternatives that you dont have to use.

1. You get your own cheque book so, for example, you can pay your bills by post.  
2. We borrowed £80 000 from the building society to buy our house.  
3. I do all my shopping using plastic and then I pay when I get my monthly statement.  
4. Its in both our names so we can both get money out when we want.  
5. We are nearly £ 200 in the red and we are paying a lot of interest on it.  
6. Weve got about £2000 saved and the bank pays about 4% interest on it.  

A credit card B current account C overdraft D joint account

E debit card F deposit account G mortgage H bank statement

 





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