北语网院17春《金融英语》作业_1234资料

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1 If advances take the form of loans, new credit ___ immediately increases advances and deposits by the full amount.
A granted
A  given
A  offered
A  issued


2 Of all the different kinds of securities, ___ stocks are the most risky investment.
A preferred
A  blue-chip
A  common
A  normal


3 Let’s ___ of ＄ 150,000.
A bid
A put in a bid
A  put a bid
A  put bid


4 The fuction of futures markets are price ___, price risk hedging, and improving market efficiency.
A invention
A  discovery
A  founding
A  reading


5 Some automated clearing houses will be established in the cities of the future to handle electronic ___ .
A transfers
A  transform
A  change
A  move


6 Some experts say that the ___ market may develop to replace forward contracts over the next few years.
A stock
A  share
A  futures
A  currency


7 It is  ___ for the seller and the purchaser to enter into a contract, at which time the purchaser makes a deposit on account of the purchase price.
A habitual
A  usual
A customary
A  regular


8 I have got something to ___ you.
A refer
A  consult to
A  ask for
A  consult with


9 ___ is the most common form of ownership.
A Capitalized interest
A  Fee interest
A  Single interests
A Terminable interests


10 The  ___ from the bonds would be made available to us at a very low interest rate to help finance the construction.
A proceed
A  proceeds
A procedure
A  process


11 When the economists speak of a balanced economy, he envisions an overall balance between production and ___ .
A consumption
A  expense
A  money
A  presumption


12 Checks serve as money, although they are not legal ___ .
A coin
A  tender
A  money
A  cash


13 Foreign exchange dealing is more or less like a ___ gamble on exchange rates.
A calculated
A  malicious
A  deliberate
A  on purpose


14 In order to save the stock market from collapsing and to guarantee the financial repaying ability, the government will have to raise the ___.
A exchange rate
A  profit
A  benefit
A  interest rate


15 When an owener of real property has died intestate, title to the propery is said to pass by  ___ to the heirs.
A descent
A  devise
A  gift
A  purchase


16 One of the most important services of a bank is regular passbook ___.
A bank
A  save
A  savings
A  saving up


17 The time value of an option is the ___ between the premium on option and its intrinsic value.
A difference
A  distinction
A  contrast
A  variety


18 The returns of common stocks for the investment depend on the ___ of the corporation.
A payoff ratio
A  payment ratio
A   pay ratio
A  payout ratio


19 If the bank has net losses it must collect ___ or sell investments.
A lease
A  transactions
A  loans
A exchanges


20 We should present the withdrawal order to the ___.
A receptionist
A  accountant
A  assistant
A  teller


21 The term "option" in "currency option" suggests the choice of the ___ to use or not to use.
A customer
A  dealer
A  bank
A  seller


22 Futures markets provide a current consensus of knowledgeable opinions about the future price of commodities or financial ___.
A instruments
A  instructions
A  institutions
A  equipment


23 With the overdraft method, interest is charged only on the daily ___.
A credit balance
A  debit balance
A   bank balance
A  payment balance


24 The price of the option contract is its ___.
A interest
A  premium
A  award
A  reward


25 The futures market is used primarily for either risk management or ___, and neither purpose requires delivery.
A gamble
A  venture
A  speculation
A  adventure
1 To be brief, a hedge is placed by taking a futures position opposite to the position held in the ___ market.
A cash
A  share
A  stock
A  futures


2 I’m afraid you have got a lot more questions to ___ me again.
A fight
A  wait
A  ask for
A  challenge


3 ___ are simply IOUs issued by firms and governments
A Shares
A Dividends
A  Bonds
A  Futures


4 Those two futures contracts ___  me for a whole week.
A have been worried
A  have worried
A  have been worrying
A  have worried about


5 All advance accounts are kept under regular___.
A check
A  valuation
A  remark
A  review


6 In fact, when I bought the contract, the price was still falling ___ a week later.
A until
A  before
A  unless
A  after


7 In order to avoid any loss due to the fall in exchange rates, the company will ___ option.
A carry
A  exercise
A  practice
A  perform


8 In law, the word real, as it relates to property, means  ___ as distinguished from personal property.
A belongings
A  substance
A  houses
A  land


9 With the development of the currency options market in treasury services provided by banks, the forward rate market is becoming anyhow ___, isn’t it?
A insignificant
A  important
A  verbose
A  redundant


10 You can buy the dollars forward to reduce or eliminate the risk of an ___ movement in exchange rates.
A inverse
A  adverse
A  bad
A  diverse


11 Our deposits and withdrawals from our account are recorded in the ___.
A counterfoil
A  passbook
A  record
A  account book


12 All goods delivered for us within the country are covered by a ___ insurance policy.
A carpet
A  blanket
A  basket
A  complete


13 The price of one currency ___ another is called the exchange rate.
A in a term of
A  on terms of
A  in terms of
A  in terms


14 There are two different types of options: ___ and puts.
A buying
A  selling
A  calling
A  calls


15 In order to attract new industry, California issues industrial  ___ bonds.
A revenue
A  income
A  salary
A  pay


16 For traveler’s checks, the bank ___ 1 percent of the amount of the check.
A charges
A  asks
A  pays
A  wants


17 When you buy the corn on the cash market, you can ___ a futures contract of the same amount of corn on the futures market in anticipation of the corn price’s falling.
A sell long
A  sell short
A  sell out
A  sell up


18 You’ll not be allowed to take your jewelry unless the employee at the bank is satisfied that the signature is ___.
A true
A  real
A  clear
A  genuine


19 The price at which the security may be exercised is called the expiration date or the ___date.
A final
A  end
A  exclusion
A  maturity


20 He has spent two weeks looking for a site suitable for the ___ of AD’s production facilities.
A spread
A  width
A  extension
A expansion


21 The foreign exchange market is made of two sections: the ___market and the forward market.
A spot
A  sign
A  immediate
A  scene


22 Exchange rate includes ___ and forward rate.
A spot
A  occasional
A  immediate
A  flexible


23 The banks should keep enough currency and ___ to meet the requirement imposed on them by regulation.
A serves
A  reservations
A  researves
A  deserves


24 A bank scrutinizes more closely ___ of whose credit standing it has no direct knowledge.
A outside applicants
A  current applicants
A  applicants
A  non-applicants


25 We shall have to send notes abroad by post for collection and shall not be ___ with the funds until a later date.
A assured
A  confirmed
A  covered
A  sheltered
1 Anyway, either ___ of action runs a risk.
A piece
A  time
A  course
A  one


2 A lot of private investors are  ___ land around here.
A buying for
A  buying out
A  buying off
A  buying up


3 The buyer and seller of a futures contract make their contract not with each other but with the ___ associated with the futures exchange.
A commercial house
A  commission house
A  clear house
A  clearing house


4 With the growth of global trade, Chinese companies need foreign currencies for international ___.
A communication
A  interaction
A  dealing
A  transactions


5 Because of overbuying, the shares have heavily___.
A appreciated
A  overvalued
A  increaced
A  depreciated


6 Checks have two important advantages ___ cash.
A on
A  over
A  above
A  against


7 In the case of loans, the whole amount advanced is at once debited to the customer’s ___.
A time account
A  savings account
A  loan account
A  deposit account


8 ___ represent a partial ownership of the company.
A Shares
A Dividends
A  Bonds
A  Futures


9 Preferred stocks are similar to ___ in that they have stated face values and a specified dividend payment.
A dividends
A  bonds
A  stocks
A  futures


10 Investors are afraid that they can’t get back their investment in the stock market, so they may ___ their money to the bonds.
A change
A  shift
A  turn
A  take


11 If this property is as good as you say, we’ve got to  ___ fast.
A go
A  take
A  move
A  do


12 Overbuying will surely lead to the ___ of the market.
A go down
A  collapse
A  reduction
A  falling


13 Futures prices are ___ for delivering a designated quality and quantity of grain to a specified place and time.
A quotes
A  quotations
A  cites
A  citations


14 A long position involves inflows ___ than outflows in a currency.
A smaller
A  greater
A  fewer
A  less


15 The most important advantage of an option is ___.
A to cover downside and keep upside
A  to keep downside and upside
A  to cover downside and upside
A  to keep downside and cover upside


16 With the overdraft method, the amount of the ___ advance is noted in the customer’s account.
A agreed
A  bargained
A  discussed
A  decided


17 A bank advance can take two forms, loans or ___.
A draft
A  feneration
A  lease
A  over draft


18 The holder purchased ﹩100,000 ___ of Treasury bonds at a price of ﹩90,000 on or before the expiration date in December.
A per value
A  par value
A  value face
A  facial value


19 If an applicant is not well known to the bank, the bank may ask for ___.
A security
A  references
A  witnesses
A  evidence


20 Forward rate is for ___ later.
A submission
A  sending
A  presentation
A  delivery


21 ——Do you know anything about the stock market?——___ the name itself. Stock market is new in China.
A No more than
A  Not more than
A  No less than
A  Not less than


22 When we want to ___ money, we should fill out a withdrawal order.
A adopt
A  fetch
A  choose
A  withdraw


23 The entity issuing the bond promises to pay the bondholder principal plus a fixed amount of ___.
A profits
A  interest
A  bonds
A  dividends


24 The things exchanged at the stock market are shares or ___ in business or companies.
A dividends
A  bonds
A  stocks
A  futures


25 Dividends are usually sent to investors once every ___.
A year
A  two months
A  half a year
A  three months
1 Bond prices and interest rates are ___ related to each other.
A diversely
A  adversely
A  down
A  inversely


2 To get a credit card, you must supply such information ___ your monthly salary and other income.
A like
A  for example
A  for instance
A  as


3 The party granting the right to buy or sell an asset is called the option seller or ___ of the option.
A buyer
A  writer
A dealer
A customer


4 If figures for ___ overdrafts were available and were added to deposits, the difference would disappear.
A intact
A  virgin
A  unexercised
A  untouched


5 I will go to the bank to open a savings ___.
A openings
A  counting
A  accounting
A  account


6 Thrift institutions’ participation in money creation is limited relative to ___.
A print works
A  banks
A  vaults
A  factories


7 The entity issuing the bond promises to pay the bondholder the amount borrowed(called ___ ) at a designated future date.
A principal
A  principle
A  bonds
A  dividends


8 I ___ every facility in the area, and not one of them was adequate.
A watched
A  inspected
A  checked
A  examined


9 Parties who have bought a futures contract are said to have taken a ___ position.
A big
A  short
A  full
A  long


10 The largest source of income of a bank is through ___.
A lease
A  transactions
A  exchanges
A  loans


11 Even though most bonds are issued for long periods of time, they can be sold to another party ___ their maturity.
A prior at
A  until
A  prior to
A  after


12 The time factor also ___.
A counts
A  considers
A  calculates
A  accounts


13 All these factors ___ their lower rate.
A bring about
A  bring in
A  bring out
A  bring up


14 Here are the cash and exchange memo. ___ them, please.
A Examine
A  Check
A Look at
A  Inspect


15 I think it’s time I ___ in on the action.
A will get
A  get
A  got
A  have got


16 In law, the word estate, as it relates to property, is defined as the  ___ one has in property.
A land
A  interest
A  right
A  realty


17 It may be advisable to define a bank as an ___ for financial work.
A framework
A  machine
A  organ
A  institution


18 An option must always sell for at least its ___ value or there will be arbitrage opportunities.
A intrinsic
A  extrinsic
A  inherent
A  born


19 With a ______ deposit, you would be able to withdraw money whenever you need.
A demand
A  time
A  fixed
A  irregular


20 If your credit is not good, the bank will not ___ such a credit card.
A give
A  present
A  show
A  issue


21 Why is the sight draft ___ a deduction for discount interest.
A subject to
A  subjected to
A  subjecting to
A  subjected against


22 With the ___, the customer kills off the downside risk and keeps the upside possibility.
A shares
A  option
A  stocks
A  futures


23 The most important dealers in foreign exchange transactions are large ___ banks;
A commodity banks
A  commerce banks
A  national banks
A  commercial banks


24 Preferred stocks are similar to bonds in that they have ___ face values and a specified dividend payment.
A clear
A  fixed
A  stated
A  agreed


25 I think the rate of the dollar ___ the Chinese Yuan has risen again, hasn’t it?
A against
A  at
A  with
A  to