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When you buy a house, it is likely that you will be able to borrow a large part of the cost from a building society, when the so
When you buy a house, it is likely that you will be able to borrow a large part of the cost from a building society, when the so
admin
2012-01-26
113
问题
When you buy a house, it is likely that you will be able to borrow a large part of the cost from a building society, when the solicitors close the deal. It is usual, however, to put down a deposit of 10% of the cost several weeks earlier when the price is agreed. Banks will often help with bridging loans for this purpose, against the solicitor’ s undertaking to repay them on completion of the deal.
In the same way banks will often make bridging loans to investors, against the security of their investments, when money is required to pay for the purchase of shares before it is available from the sale of other shares.
Banks are not usually keen on making long-term loans in either case, because they prefer not to tie up their resources. They lend money which they have borrowed from depositors, mostly repayable on demand or at short notice, and one of the classic ways for a bank to get into trouble is by borrowing "short" and lending "long".
The money a bank uses for lending is borrowed from depositors.
选项
A、Right
B、Wrong
C、Doesn’t say
答案
A
解析
文中的最后一句指出They lend money which they have borrowed from depositors...。
转载请注明原文地址:https://kaotiyun.com/show/gbid777K
本试题收录于:
FECT综合(现代金融业务)题库金融英语(FECT)分类
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FECT综合(现代金融业务)
金融英语(FECT)
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