Assignment 7. Supply the sentences with the missing words.

Date: 2015-10-07; view: 456.

Assignment 6. Match the words with their definitions.

fixed capital, equity capital, venture, secure a loan,

savings, mortgage, account receivable, rental, loan

1) A sum of money due to be received from a customer in the ordinary course of trade but not yet paid.

2) The act of lending, especially on condition that the thing lent will be returned.

3) Sums of money saved, not spent but put aside for further use and in the meanwhile invested or held as cash.

4) The part of the capital of a company that consists of ordinary, deferred, deferred ordinary or founder's shares, all of which together, in effect, carry the right of ownership (the equity) in the business.

5) A contract by which the owner of land (the mortgagor) borrows money, giving the lender (the mortgage) an interest in the land as security for the loan.

6) The amount, in money, of the rent for a particular property or part of a property.

7) That part of the capital of a business which is represented by the value of producer goods, i.e. goods held and used to produce the products which the business sells.

8) To make the loan safe for the lender by pledging or mortgaging property with him as security.

9) A business or a business deal, in which there is some degree of risk, which is accepted in the expectation of making a profit.

encourage, refer, source, aid, dealings, would-be, inherit, borrow, subsequent

1) He always … money from his friends and never pays it back.

2) Candidates are required to publish the … of their campaign funds.

3) They … a weak economy.

4) I met him first when I was a very young … banker.

5) Her success … me to try the same thing.

6) … research has produced even better results.

7) We have had … with them for many years.

8) The serial number … to the country in which the car was manufactured.

9) He had sought the … of the counter.