Vocabulary for Banking and Finance
A. Money TV was a financial news Cable TV station. Put the story in order. … After a shaky start, Money TV went into profit after three years. … They raised some capital from a merchant bank. … As a result, Money TV’s advertising revenue fell dramatically....
Vocabulary for Banking and Finance
Parker Publishing Group Plc Balance Sheet Audited for the year to March 31st 2007 £ million Fixed assets Property Fleet Computers and other equipment Total fixed assets: 47 9 2 58 Current assets Stock Money outstanding Other current assets ...
Vocabulary for Banking and Finance
Parker Publishing Group Plc Summary Profit and Loss Account Audited for the year to March 31st 2007 £ million Income Revenue from main business, magazine publishing: Revenue from other activities: Total turnover: 228 17 245 Expenses Pay and...
Vocabulary for Banking and Finance
My name’s Marcus. I work for a bank. I’m on PAYE (Pay As You Earn). This means that tax is automatically deducted from my salary. My salary isn’t particularly high, so I only pay tax at the basic rate. My personal allowance is £5,000 a year. Then I...
Vocabulary for Banking and Finance
A. Match the terms with the definitions. 1 trade surplus a. Money owed by a country to foreign creditors 2 trade deficit b. The accounts setting out a country’s transactions with the rest of the world 3 balance of trade c. The value of a...