ENGLISH FOR FINANCE НАВЧАЛЬНИЙ ПОСІБНИК
CONTENTS
INTRODUCTION....................................................................................... 6
UNIT 1. FINANCE AND FINANCIAL SYSTEM..................................... 8
Text 1.Finance and Financial System............................................................ 8
Text 2. Financial Management.................................................................... 11
Text 3. Financial Planning........................................................................... 14
Text 4. Why Finance? ................................................................................ 17
Text 5. Sources of Finance.......................................................................... 20
Text 6. Where to Locate the Lucre.............................................................. 24
Text 7. Financial Management.................................................................... 27
UNIT 2. CENTRAL BANKING SYSTEM ............................................. 31
Text 1. Banking Systems............................................................................ 31
Text 2. Central Banking System................................................................. 34
Text 3. Types of Banks............................................................................... 37
Text 4. Legal Status and Structure of NBU................................................. 41
Text 5. History of Banking......................................................................... 44
Text 6. Banking Regulations....................................................................... 47
UNIT 3. MONETARY POLICY. FINANCIAL MANAGEMENT......... 50
Text 1. Monetary System and Monetary Policy......................................... 50
Text 2. Money............................................................................................. 52
Text 3. Money. Its Properties and Functions (Text A)............................... 55
Text 4. Money. Its Properties and Functions (Text B)................................ 58
Text 5. Money Laundering.......................................................................... 62
Text 6. Money Today (Text A).................................................................. 65
Text 7. Money Today (Text B).................................................................. 67
UNIT 4. INVESTMENT ACTIVITY....................................................... 71
Text 1. Investment Activity......................................................................... 71
Text 2. Foreign Investment......................................................................... 74
Text 3. Licensing......................................................................................... 77
Text 4. Franchising .................................................................................... 80
UNIT 5. INSURANCE.............................................................................. 84
Text 1. Insurance and Risks........................................................................ 84
Text 2. Key Terms Used by Insurance Companies..................................... 88
Text 3. Workers` Compensation Insurance................................................. 90
Text 4. Insurance Against Risks.................................................................. 93
Text 5. Lloyd’s of London.......................................................................... 97
Text 6. The Development of Ukrainian Insurance Market........................ 101
UNIT 6. LEASING.................................................................................. 105
Text 1. Leasing.......................................................................................... 105
Text 2. Types of Leases............................................................................ 108
Text 3. Taxes, the IRS, and Leases........................................................... 112
Text 4. Leases in the USA......................................................................... 116
Text 5. The Reasons for National and International Leasing.................... 120
Text 6. Types of Commercial Leases........................................................ 123
UNIT 7. FINANCIAL ACTIVITY.......................................................... 127
Text 1. Finance.......................................................................................... 127
Text 2. Financial policy. Fiscal Sphere..................................................... 130
Text 3. Financial Institutions.................................................................... 133
Text 4. Financial System .......................................................................... 136
Text 5. Financial Management.................................................................. 139
Text 6. Types of Budget Classification..................................................... 142
Text 7. Financial Operations..................................................................... 145
UNIT 8. FINANCIAL MANAGEMENT............................................... 149
Text 1. Financial Management.................................................................. 149
Text 2. The Emergence of the Global Economy........................................ 153
Text 3. British Management...................................................................... 155
Text 4. Create Your Marketing Strategy................................................... 160
Text 5. The Right Marketing Mix.............................................................. 163
UNIT 9. TAXES AND TAXATION....................................................... 167
Text 1. Tax................................................................................................ 167
Text 2.Taxation......................................................................................... 171
Text 3. Forms of Taxation in Ancient Times............................................ 175
Text 4. Types of Taxes............................................................................. 178
Text 5. Property Tax................................................................................. 182
UNIT 10 . TAXATION SYSTEMS....................................................... 187
Text 1. Taxes and Taxation in Ukraine..................................................... 187
Text 2. Taxation System for Foreigners – Ukraine................................... 191
Text 3. Taxation in the United Kingdom................................................... 195
Text 4. Taxation in the USA..................................................................... 199
Text 5. Sales Taxes in the USA................................................................. 203
REFERENCES....................................................................................................207