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4.When a business_____goods or services, it doesn’t
normally pay for them.
5. The supplier provides them with an_________requ-
esting payment within a settled period.
6. Commercial banks lend money to their customers by
________ loans.
7.
Sometimes a company might sell its accounts ____ to a
factor.
8. A company can get long-term financing by ____ bonds.
9. The ___ of bonds may be up to ten or even thirty years.
10.
The bond is a secured one if the company pledges
_____ to secure the debt.
Exercise 3. Give Russian and Azeri equivalents of the phrases.
1.
seasonal financial needs
2.
to spend the funds on salaries and emergencies
3.
business transactions
4.
to involve some sort of trade credit
5.
to order goods or services
6.
to privide smb. with an invoice
7.
to request payment within a settled period
8.
to lend money to smb.
9.
to borrow without making anew request
10.
accounts receivable
11.
to do sth. by getting loans
12.
to need long – term sources of funds
13.
to pay interest on debt
14.
to secure the debt
15.
to issue unsecured bonds
16.
a predetermined interest rate
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Exercise 4. Match the definitions of the words
1.
source a. a person who buys and sells things
(shares in a business) for other people
2.
invoice b. to state smth by giving an exact instructions
3.
broker c. an official document given by a company
showing money borrowed from a person
and stating the interest payments that it will
make to them
4.
revenue d. a list of goods that have been sold,
work that has been done, showing what
you must pay
5.
debenture
e. a place, person or thing that you get
smth. from; the place where a river starts
6.
specify
f. the money that a government receives
from taxes or that an organization does
from its business
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