Banking systems Vocabulary exercise Vocabulary exercise 1 2

Banking systems Vocabulary exercise

Vocabulary exercise 1. 2. 3. 4. Interest rates v______ because individual lenders are free to set unique rates and terms. (differ) Meatpacking and the manufacture of farm equipment are the c____ industries. (main, primary) GNP is also r_______ to as Gross National Income. Although digital cameras a_____ to be complex to use, they actually aren’t. (seem)

Vocabulary exercise 5. 6. 7. Westfalia Separator is one of the few globally operating companies which have a quality certificate with world-wide v___. (the quality of being true, accepted, legal) Financial i____ may include banks, broker -dealers, investment advisers and financial planners. (mediators) Restaurants f___ i____several industry classifications based upon menu style, preparation methods and pricing. (are divided into)

Vocabulary exercise 8. 9. 10. Commercial paper is i___ e___ a very short-term bond, usually for any period less than one year. (essentially, basically) Many individuals search for tiny personal loans p_____ when they want cash suddenly. (specifically) There is no need to e____ (stress, give prominence to) that you b_____ (take a loan from somebody) only what is required and desist from the allure of borrowing more as this will increase the

Vocabulary exercise 11. The public sector current budget is calculated by subtracting current expenditure from current r_______. (profits, a quantity or amount received)