大学金融英语chapter 18 American Commercial Banks[精].ppt

Chapter Eighteen
mercial Banks
Learning objectives
After studying this chapter you should be able to:
1. Define the term of “commercial bank”
2. Tell the major functions performed mercial banks
3. Describe briefly the principal business activities carried out by . commercial banks
4. Explain the chief sources of funds for . commercial banks
5. Know the future challenges to be faced by . commercial banks
Notes
I. New Words
1. to charter vt. 特许设立/成立to establish by adopting a charter
2. check n.(美)支票(英)cheque
3. to secure vt. 对……进行担保to guarantee, . secured loan担保贷款
4. option n. 选择,选项
5. stockholder n.(美)股东(英)shareholder
6. challenge n. 挑战demanding or difficult task
7. intense a. 激烈的strong, . ~competition激烈的竞争
8. to decline vi. 下减,减少
Notes
II. Useful and Idiomatic Expressions
1. to arrange for 为……作安排to make arrangement for...
2. to write check 开出支票
3. a round of $5 million 一个500万的整数
4. to draw check on... 向……开出支票要求它付款
5. in response to... 作为对……的回应
6. to receive requests for... 收到有关……的请求
7. to share risks among... 在……间分担风险
8. in denomination of... 面值为……,面额为……
Notes
III. Key Terms
1. (the) Comptroller of the Currency(美)货币监理专员署a federal bank regulatory agency created by the National Banking Act
2. lead bank 牵头行
3. maturity n. 到期,付款期限,到期日the date on which deposits, bond, insurance policy, bill of exchange e due for payment
4. municipal bonds (美)市政债券bonds issued by or sometimes guaranteed by, a state or local government or governmental agency
5. Treasury bills or T-bills (美)短期国库券securities sold by the federal government with initial maturities of less than one year. They are often considered the lowest-risk security available
6. mortgage loans 用不动产作抵押所获贷款,抵押贷款(有时可简化成mortgage)
7. federal funds 联邦资金short-term deposits bought or sold between banks
Main Text
Major Functions mercial Banks
(1) They lend;
(2) They accept time and demand deposits;
(3) They facilitate the transfer of funds in the economy.
Main Text
Principal Business Activities of .