I. Key terms

Unit trust

• пайовий траст (фонд) – an investment organization that invests funds subscribed by the public in securities and in return issues units that it will repurchase of any time. The subscriber to a unit trust does not unlike the shareholder in an investment trust receives any of the profits of the organization managing the trust.

Cheque

(US-check)

• чек – an order written by the drawer to a commercial bank or central bank to pay on demand a specified sum to a bearer or a named person or company.

Value

• цінність, вартість – worth of something in terms of money or other goods for which it can be exchanged.

Volume

• кількість, обсяг – the amount of any aggregate when unaffected by price changes, i.e. expressed in terms of a given period, taken no account of price charges.

Cash

• готівка – 1. money in tangible form, namely coins and banknotes, in contrast to bank cheques and deposits; 2. for purposes of monetary control, notes and coins together with deposits at the central bank held by a commercial bank.

Costs

• витрати, вартість, ціна – the price to be paid for an article something at which it may be bought wholesale.

Overdraft

• овердрафт, кредит за поточним рахунком – a loan facility on a customer’s current account at a bank permitting the customer to overdraw up to a certain limit for an agreed period. Interest is payable on the amount of the loan facility taken up, and it may therefore be a relatively inexpensive way of financing a fluctuating requirement.

Dividend

• дивіденд – the amount of a company’s profit distributed to ordinary share holders.

Standing order

• постійне доручення (письмовий наказ клієнта банку про проведення серії платежів для оплати передплати, внесків за кредитом та виплат або страховим полісом, тобто для регулярних платежів) – customer’s order for payments that recur regularly, e.g. rent, rates.

Statement

• витяг з банківського рахунку – excerpt from bank account: information about payment and revenue returns, balance, added into rests for a certain period of time, which is given to a client (once a quarter or half a year).