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FECT综合(现代金融业务)-金融英语(FECT)
When a country borrows from abroad, its balance of international payments shows an outflow of foreign exchange.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
33
0
A bank must obtain a judgment if it wishes to pursue its legal remedies against a debtor.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
34
0
A firm’s gearing is the level of fixed assets as a percentage of total assets.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
22
0
Bills are negotiated with recourse to customers in the event of nonpayment.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
27
0
Profit does not equal cash and some profitable businesses have failed for want of cash.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
31
0
An insurable interest is assumed where people take life assurance on their own lives or where the relationship is that of husban
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
29
0
A guarantee is an agreement that may be evidenced in writing or in oral form.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
49
0
There are three parties to a life policy in addition to the issuing company: the insurer, the life assured and the beneficiary.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
36
0
Every transaction must produce a debit and credit entry of the same financial amount.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
23
0
Dirty price is the bond price excluding accrued interest, i.e., the price paid by the bond buyer.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
15
0
The forward exchange rate is the current spot rate adjusted for the interest rate differentials.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
26
0
Futures contracts usually end in the delivery of the underlying commodity.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
34
0
Options give buyers the obligation to buy or sell an asset at a present price over a specific period.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
27
0
A car loan offered by a bank is a derivative security.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
21
0
Primitive securities yield returns that depend on additional factors pertaining to the prices of other assets, while a derivativ
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
28
0
The velocity of money is the speed with which it can be converted into a liquid asset.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
22
0
Where the bill of exchange is not accompanied by documents, these having been sent to the importer, the transaction is known as
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
38
0
Usually the more liquid asset is less risky.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
16
0
A bill of lading that covers the shipment of goods on two separate vessels is known as thorough bill of lading.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
35
0
When total reserves are equal to required reserves, the banking system cannot extend loans anymore.
FECT综合(现代金融业务)
金融英语(FECT)
admin
2011-1-24
28
0
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