Учебное пособие для студентов 1-2 курсов заочной формы обучения

1. 
   Use a dictionary to find the differences between the words and expressions in bold in the following groups.
   

1. 
   make a profit & make a loss
   
2. 
   extravagant & frugal/economical
   
3. 
   a current account & a deposit account
   
4. 
   a loan & a mortgage
   
5. 
   to deposit money & to withdraw money
   
6. 
   a wage & a salary
   
7. 
   broke & bankrupt
   
8. 
   shares, stocks, and dividends
   
9. 
   income tax & excise duty
   
10. 
    to credit & to debit
    
11. 
    a bank & a building society
    
12. 
    a discount & a refund
    
13. 
    something which was a bargain, something which was overpriced and something which was exorbitant
    
14. 
    worthless & priceless
    
15. 
    save money & invest money
    
16. 
    inflation & deflation
    
17. 
    income & expenditure
    
18. 
    to lend & to borrow
    

2. 
   Match the sentences in box A with the sentences in box B. Use the words in bold to help you.
   

The managing director believes the company should start producing pocket computers I always put my money in a building society not in a bank. I can’t afford to buy a new car right now. I don’t have enough money. I find Christmas a very expensive time. I came into a lot of money recently when my uncle died. Look at this cheque that came in the post this morning from the Inland Revenue. I’ve been spending too much recently. In my country, there are a lot of very poor people and only a few rich ones. I lost my job last month. I retire next month. Prices are rising quickly everywhere. The January sales start tomorrow.

Box B

I’m really looking forward to spending my pension. The cost of living seems to go up every day. Of course, it’s always so difficult to economise. Shops all over the country are making huge reductions on just about everything. I always seem to run up a huge overdraft at the bank. Of course, the potential global market for them is enormous. Fortunately I receive unemployment benefit. There is a very uneven distribution of wealth. The interest they pay me is much higher. It’s the first time I’ve inherited something. It seems to be some kind of tax rebate. Maybe I should consider getting one on credit.

3. 
   Read this passage and complete the gaps with one of the words or expressions from Task A and B. You may need to change the form of some of the words.
   

In the play “Hamlet” by William Shakespeare, a farther gives his son some financial advice. “Neither a borrower nor a lender be”, he says. He is trying to tell his son that he should never 1___________ money from anyone because it will make it difficult for him to manage his finances. Likewise he should never give a financial 2_______________ to a friend because he will probably never see the money again, and will probably lose his friend as well.

The play was written over four hundred years ago, but today many parents would give similar advice to their children. Imagine the conversation they would have now: