2011 Financial English 04
-
Upload
stephan-langdon -
Category
Economy & Finance
-
view
695 -
download
1
description
Transcript of 2011 Financial English 04
![Page 1: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/1.jpg)
What is a bank for? Why is it important for a city to have a bank? How does a bank work?
Discuss with a partner 4 minutes
![Page 2: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/2.jpg)
• Deposit means “add”
Deposit money into your account
• Withdraw means “subtract”
Withdraw money from your account
![Page 3: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/3.jpg)
![Page 4: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/4.jpg)
IELTS Card Tell me about your bank Why are banks important to people in a city? What skills do you need to use a bank
account? How does a bank help consumers How does a bank help producers?
![Page 5: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/5.jpg)
Match1. Transfer2. Check3. Order4. Pay5. Follow6. key in7. Sign8. Deposit9. Make10. pay into
a) a check b) a PIN numberc) money d) an account e) a formf) bills g) a statement h) instructions i) a balance
![Page 6: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/6.jpg)
Match1. Transfer C, H2. Check G, I3. Order B, G4. Pay F5. Follow H6. key in B7. Sign A8. Deposit C, H9. MakeB, D10. pay into D
a) a check b) a PIN numberc) money d) an account e) a formf) bills g) a statement h) instructions i) a balance
![Page 7: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/7.jpg)
Banking Opening a bank acco
unt Overdraft protection
![Page 8: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/8.jpg)
Writing Summerize in a paragragh
![Page 11: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/11.jpg)
Corporate Banking Corporate and Invest
ment banking Earn _____ Sliding ____ Leveraged ____ _______ equities Buy ____ a company
![Page 12: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/12.jpg)
1. The __________ for the dollar is very good just now. We should change dollars into euros today.
a) interest rate b) credit rating c) money rate d) exchange rate
![Page 13: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/13.jpg)
2. My salary always runs out before the end of the month. Everything's so expensive just now. I don't know how I'd manage without __________.
a) getting my pocket money from the bank b) lending money to my bank c) having an overdraft d) sticking to my budget
![Page 14: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/14.jpg)
3. We've found our ideal house but we're not rich enough to be able to buy it straight away. We'll need to go to the bank to see if they'll give us _________.
a) interest b) a deposit c) some capital d) a mortgage
![Page 15: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/15.jpg)
4. We'll need to invest more ___________ if we want to expand our business. You know what they say, you have to spend money to make money.
a) return b) capital c) interest rate d) wages
![Page 16: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/16.jpg)
5. We got a loan from the bank to buy a new car. We have to ___________ it over the next two years.
a) repay b) pay c) return d) give
![Page 17: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/17.jpg)
6. She put all her money in a __________ savings account so she could make as much money as possible from it.
a) credit card b) large return c) high interest d) low interest
![Page 18: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/18.jpg)
Dependent Clauses
![Page 19: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/19.jpg)
What is an Adjective?
An Adjective describes a noun. Remember nouns can either be subjects, objects or objects of prepositions.
Which words are adjectives? unkind fast value careless silently old
Which words are adjectives? unkind fast value careless silently old
![Page 20: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/20.jpg)
What is an Adjective Clause?
An Adjective clause is a dependent clause (dependent word + subject and verb) that describes a noun.
You can imagine that an adjective clause is taking two sentences about the same noun and making them into one sentence.
Examples:Route 66 is a long road.This road goes from Chicago to California.Route 66 is a long road that goes from Chicago to California.
Examples: The postcard shows a beautiful vista of the Grecian coastline. I bought the postcard. The postcard which I bought shows a beautiful vista of the Grecian coastline.
![Page 21: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/21.jpg)
Examples:Route 66 is a long road.This road goes from Chicago to California.Route 66 is a long road that goes from Chicago to California.
Subject Relative Pronouns
We use relative pronouns to create dependent clauses. The relative pronoun replaces the word in common between the two sentences. Sometimes, the relative pronoun will be the subject of the dependent clause.
Subject Relative PronounsPeople: Who or ThatThings or Animals: Which or ThatPossessive: Whose
![Page 22: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/22.jpg)
Examples: The postcard shows a beautiful vista of the Grecian coastline. I bought the postcard. The postcard which I bought shows a beautiful vista of the Grecian coastline.
Object Relative Pronouns
Sometimes, the relative pronoun will replace the object in the dependent clause or the object of a preposition.
To connect this type of clause, the relative pronoun must be moved to the front of the clause – in front of the subject.
Object Relative PronounsPeople: Whom, Who or ThatThings or Animals: Which or ThatPossessive: Whose
![Page 23: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/23.jpg)
Things to Remember
The relative pronoun replaces the noun – don’t use it and the noun in the dependent clause. Example:
The postcard is pretty. I bought the postcard.Incorrect: The postcard which I bought the postcard is pretty.Correct: The postcard which I bought is pretty.
The relative pronoun must be next to the word it describes. Example:
Incorrect: The sharks opened their mouths while they swam by the boat which were full of sharp teeth. Correct: The sharks opened their mouths which were full of sharp teeth while they swam by the boat.
![Page 24: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/24.jpg)
Things to Remember
Formal written English: In formal, academic English in adjective clauses with object relative pronouns, for people, we use whom. In adjective clauses with an object of a preposition, bring the preposition forward and use whom or which.
Example: Jack London, whom I admire, wrote a lot of short stories. Rather than: Jack London, who I admire, wrote a lot of short stories.
Example: The presidency is the position to which many politicians aspire. Rather than: The presidency is the position that many politicians aspire to.
![Page 25: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/25.jpg)
Things to Remember You must understand whether or not the dependent clause is essential information or extra information in the
understanding of the noun. This impacts the meaning and the punctuation. Essential clauses are also called identifying or restrictive. We DO NOT use commas with these clauses. Extra clauses are also called non-identifying or non-restrictive. WE MUST use commas with these clauses. We
cannot use the relative pronoun that.
![Page 26: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/26.jpg)
Things to Remember
Can you understand a difference between these two sentences? My sister, who lives in Bel Air, has three children. My sister who lives in Bel Air has three children.
In which sentence is it clear that I have more than one sister?
•What about between these two sentences?• He looked in the refrigerator, and he threw away the food
which was rotten.• He looked in the refrigerator, and he threw away the food,
which was rotten.In which sentence is all of the food in the refrigerator rotten?
![Page 27: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/27.jpg)
Identifying vs. Non-Identifying Think about if a listener or
reader would be able to identify the noun without the adjective clause.
Example:He is the man who works at the grocery store.
This is essential (identifying) information. Think about it as two sentences.He is a man.He works at the grocery store.Without the second sentence, you couldn’t identify him.Notice that a become the because the noun changes from indefinite to definite because of the identification.
![Page 28: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/28.jpg)
Identifying vs. Non-Identifying Think about if a listener or
reader would be able to identify the noun without the adjective clause.
Example:Maria, who works as a physician’s assistant, enjoys her job.
This is extra (non-identifying) information. Think about it as two sentences.Maria enjoys her job.Maria works as a physician’s assistant.You know her name from the first sentence. This is enough to identify her.
![Page 29: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/29.jpg)
![Page 30: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/30.jpg)
Commas Commas separate titles or people’s names used
in direct address from the rest of the sentence. Commas set off transitional words and phrases
from the rest of a sentence. A comma follows a dependent clause that comes
before an independent clause. A comma follows a single participle or participial
phrase that introduces a sentence. A comma always separates the name of a city
from the name of a state (example: Chicago, Illinois).
A comma follows a friendly salutation.
![Page 31: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/31.jpg)
Commas
A comma usually precedes a coordinating conjunction that separates two independent clauses.
Commas separate items in a series. Commas set off appositives from the rest of a
sentence. Commas set off non-restrictive phrases because
they aren’t necessary to make complete sentences. Commas separate mild interjections from the rest of
the sentence. Commas separate titles or people’s names used in
direct address from the rest of the sentence.
![Page 32: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/32.jpg)
Colons A colon (:) follows a formal salutation. A colon follows a sentence or phrase
that introduces a list.
![Page 33: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/33.jpg)
Semicolons Use a semicolon (;) instead of a
conjunction to separate two closely related independent clauses, or sentences.
Use semicolons to separate items in a series when commas appear between the semicolons.
![Page 34: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/34.jpg)
Quotation Marks Quotation marks surround the exact words
that someone is saying or has spoken. Commas are used to separate a direct
quotation from the “he said/she said” part of the sentence.
Commas used in a split quotation are “in and then out”—inside the first set of quotes and outside the second.
Use quotation marks to indicate shorter works, or parts of works, such as articles, chapters, songs, poems, short stories, and parts of musical compositions.
![Page 35: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/35.jpg)
Italics and Underlining Use italic type or underlining to indicate
longer works, such as book titles, magazine titles, and albums.
![Page 36: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/36.jpg)
Put in the right commas First of all the student store will no longer sell
water pistols.
![Page 37: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/37.jpg)
Put in the right commas Melvin the class clown ate his notebook.
![Page 38: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/38.jpg)
Put in the right commas Hey Jerry that’s enough yodeling.
![Page 39: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/39.jpg)
Put in the right commas “I love raindrops roses and kittens” Susan
gushed romantically “but I hate bright copper kettles.”
![Page 40: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/40.jpg)
Put in the right commas When he was bowling last night Manuel who’s
in my gym class dropped the ball on his foot.
![Page 41: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/41.jpg)
Put in the right commas When he was bowling last night Manuel who’s
in my gym class dropped the ball on his foot.
![Page 42: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/42.jpg)
Put in the right commas Stacey’s campaign for treasurer was very
imaginative but she lost the election.
![Page 43: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/43.jpg)
Sobbing softly Maria told her sad story to the counselor.
![Page 44: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/44.jpg)
Appositive An appositive is a noun or noun phrase that
renames another noun right beside it. The appositive can be a short or long combination of words. Look at these examples: The insect, a cockroach, is crawling across the
kitchen table. The insect, a large cockroach, is crawling across
the kitchen table. The insect, a large cockroach with hairy legs, is
crawling across the kitchen table.
![Page 45: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/45.jpg)
Excercise Combine these sentences using appositives.
Remember to put commas in the correct places
![Page 46: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/46.jpg)
Barnaby Quip sneezes anytime he hears people abusing the language in their speaking and writing.
He is an English linguaphile.
![Page 47: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/47.jpg)
Pablo Picasso was a great artist. He was born in Spain.
![Page 48: 2011 Financial English 04](https://reader035.fdocuments.in/reader035/viewer/2022062617/54ba5a384a7959d64a8b45f2/html5/thumbnails/48.jpg)
Chocolate is my favorite dessert. It gives me the energy to do my homework.