Economic Terms

Account, n - money in a bank that can be put in or drawn out; a written statement of money received and spent.

Auction, n - public sale at which goods are sold to the people making the highest bids or offers.

Bankrupt, n - smb. who is declared to be unable to pay his debts; go bankrupt become ruined.

Bargain, n - an agreement between two or more people about buying or selling smth.

Bargain, v - talk about prices trying to sell at a high price or buy at a low price.

Barter, v - do business by exchanging goods without using money (to barter coal for grain).

Bond, n - a printed paper given by a government or a business company saying that the money has been received and will be paid back with interest.

Broker, n - one who buys and sells for other people (shares or bonds).

Cash, n - money in the form of coins or notes (I have no cash on me. May I pay by cheque?).

Cash, v - get or give money in exchange for cheques.

Cheque (Am. check) - a written order to a bank to pay money.

Cheque-book - a number of cheques fastened together in a book.

Currency, n - money used as a means of buying and selling (coins, cheques, bank-notes); hard currency - a money system characterized by stability. It can be exchanged for gold.

Deposit, n - money paid into a bank to receive interest later on; deposit money - put money in a bank.

Deal, n - a business agreement. It's a deal. (I agree to do business with you.).

Deal with smb. - do business with smb.

Dealer, n - a person who buys or sells things.

Income, n - the money that comes from salary, business profits, interest on capital, dividends on investments.

Insurance, n - the money for which a person or a thing is insured; the act of insuring.

Insure, v - make arrangements with an insurance company for the payment of a sum of money in case of accident, damage, etc. (He insured his house for $80000.).

Interest, n - money charged for the use of money (to pay 6% interest on a loan; to live on the interest received from the capital).

Invest money in smth. - to use money in such a way as to get a profit or income from it (to invest one's money in shares, a business enterprise, etc.).

Investor, n - one who invests money.

Joint enterprise (venture) - an enterprise shared by several companies.

Loan, n - money lent to smb. (A government loan is a loan lent to the government.).

Market, n - a public place where goods are bought or sold; the volume of sales. (The market for these goods has risen/ fallen.).

Marketable, a - smth. that can be sold (marketable products).

Nationalize, v - transfer from private to state ownership (denationalize - transfer from state to private ownership).

Property, n - smth. belonging to a person, a group of people or a state.

Private property - smth. belonging to a person or a small group of people.

Rate of exchange - a fixed proportion between two currencies.

Retail, a - the sale of goods in small quantities, for use.

Sale, n - the exchange of goods for money, the act of selling (Is this house for sale?); the offer of goods for sale at a low price.

Share, n - one of the equal parts into which the capital of a business company is divided (He holds 500 shares in a shipbuilding company.).

Stock exchange, n - a place where stocks and shares are bought and sold.

Tax, n - a sum of money which must be paid to the state (income tax, sales tax; luxury tax, etc.).

Taxation, n - the system of getting money for the needs of the state by means of taxes.

Tariff, n - a system of taxes imposed on the import or export of goods; a price list (a railway tariff, the tariff of a hotel, etc.).

Wholesale, n - the selling of goods in large quantities; to be retailed by others (to sell goods by/at wholesale).

ОГЛАВЛЕНИЕ

Введение.......................................................................................................	3
Lesson 1. Money……………………………………………………………	3
Lesson 2. Accounting……………………………………………………….	7
Lesson 3. Corporate Finance ......................................................................	10
Lesson 4. Banks and Business.......................................................................	12
Lesson 5. Marketing.......................................................................................	16
Lesson 6. Wholesaling...................................................................................	19
Lesson 7. Retailing.........................................................................................	22
Lesson 8. Pricing............................................................................................	24
Lesson 9. Building Materials ……………………………………………....	27
Lesson 10. In the Realm of Architecture ………………………………......	30
Economic Terms...........................................................................................	33