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JIG SAW READING


Date: 2015-10-07; view: 410.


READING

What do we do with money? Continue the list

TOPICAL VOCABULARY 1

1. Comment on the points of difference or similarity between the words in each line. Use them in your own contexts to illustrate the difference in usage:

money – cash – funds – finance – change

earnings – revenues – income – profit

remuneration – salary – wage

bonus – interest – yield – commission

payment – pay – charge – fee – fare

 

We earn it,

we spend it…

) to provide or obtain funds for (a project or large purchase) n
1. the system of money, credit, and investment,
2. management of money, loans, or credits, the dangerous political arena of public-sector finance,
3. funds or the provision of funds,
4. ◇ finances money resources, the company's crumbling finances,

 

 
  1. Study the meanings of the word fund which is polysemantic and compare it with finance. Be ready to provide contexts for each meaning.
  fund n 1. a reserve of money set aside for a certain purpose, 2. a supply or store of something, vb 1. to provide money to, 2. (Finance) to convert (short-term debt) into long-term debt bearing fixed interest, Latin fundus the bottom, piece of land → funds◇ n funder   funds pl n money that is readily available
 
finance vb (-nancing , -nanced
 

 

Scan the texts below. Be ready to exchange the information with your partner on the following points:

-the age of the currency;

-the number of countries which have adopted it as a means of payment;

-advantages and disadvantages of this currency for strategic investors and the general public;

-currency stability/currency depreciation and the influence of these on the economy

Text A


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