金融英語(yǔ)課件(unit 1).ppt

1、金融專業(yè)英語(yǔ),Finance English,Unit One Part A The Bank of England,教學(xué)目的與要求（Teaching targets）： help students get a brief understanding of the history and the function of the Bank ofEngland; study some specialized words and expressions related to bank business; some new basic English vocabulary 教學(xué)重點(diǎn)(Emphases

2、and difficult points） ： some important vocabulary: banknote, joint stock company, acquisition, monetary polices, lender of last resort, liquidity, bank run, IMF, IBRD, financial institution, etc.; transformation, empower, directives, comply (with), implement, oversee, supervisory, registration ；the

3、understanding about the history and function of the Bank of England. the brief knowledge of the banking system in China. Some specialized English words.,Whats the Chinese meaning of finance? “財(cái)務(wù)”- from the micro scope “金融” - from the macro scope What is finance? Finance is the science of management

4、of money, banking, investment, and credit.,the banking system in China,1. the central bank- the Peoples Bank of China bankers bank, to issue the national currency in China, governments bank 2. the policy banks - China Development Bank, The Export-import Bank of China, Agricultural Development Bank o

5、f China invested by the government, specialize in the financial business according to the governments decisions, non-profit 3. state-owned commercial banks - Industrial and Commercial Bank of China, Bank of China, China Construction Bank, Agricultural Bank of China. To take in the public deposits an

6、d loan out the long-term, medium-term and short-term advance, inter-bank business 4. other commercial banks- Citic Industrial Bank, Shanghai Pudong Development Bank, etc.,The functions of any central bank(Bank of England is British central bank),1. central bank 2. bankers bank 3. lender of last reso

7、rt 4. market intervention 5. international role 6. domestic supervisory responsibilities,History of Bank of England,1. The revolution of 1688 gave England the political stability, but the public finances were weak and the system of money and credit was in disarray. William Paterson envisaged a loan

8、to the government, in turn for the “Governor and Company of Bank of England”. 2. The Royal Charter was sealed on 27 July 1694, and the Bank was formed for the sole purpose of financing the war against France. 3. By virtue of the Bank Charter Act 1844, the Bank of England get its sole power to issue

9、banknotes. 4. The Bank of England Act 1946 allowed the States acquisition of the Bank -a transformation of the Bank from private to public ownership. 5. The Banking Act 1979 gave the Bank of England even more power to control the operations of the deposit-taking institutions.,Language Points(語(yǔ)言點(diǎn)）,1.

10、 by virtue of = because of 由于，因?yàn)?eg. He was exempt from charges by virtue of his youth. 2. comply with 按要求，順從 eg. She was told to pay the fine, but refused to comply. 3. joint stock company = stock company stock 股份（the difference with shares: shares 不按固定數(shù)目發(fā)行. eg. Invest in stocks and shares 投資證券） st

11、ockbroker 股票經(jīng)紀(jì)人stockbroking 股票經(jīng)紀(jì)業(yè)務(wù) stock certificate 股票，股份證書certificate for the purchase of shares stock exchange 股票交易所stockholder 股票持有人 stock-market 股票市場(chǎng),Language Points(語(yǔ)言點(diǎn)）,4. charter n. 特許狀priviledges granted by royal charter 皇家特許狀所給特權(quán) 章程，憲章；包租 chartered adj. (有皇家特許狀的專業(yè)協(xié)會(huì)的規(guī)章)合格的 eg. A chartered

12、engineer, accountant 特許工程師，特許會(huì)計(jì)師 charter flight 包機(jī)航班 5. issue n.流出；發(fā)行（物）（報(bào)刊）期號(hào)；問(wèn)題，爭(zhēng)端，論點(diǎn) issuance 發(fā)行 an issue of blood流血 monetary issue 貨幣發(fā)行 the lastest issue最近一期 the burning issue of the day 燃眉之急的問(wèn)題 currency issue 貨幣發(fā)行current issue 現(xiàn)期刊物 economic issue 經(jīng)濟(jì)問(wèn)題excess issue 超額發(fā)行par issue 平價(jià)發(fā)行,Language Poi

13、nts(語(yǔ)言點(diǎn)）,6.acquisition knowledge acquisition 知識(shí)收集 language acquisition 語(yǔ)言習(xí)得 lump-sum acquisition 總價(jià)采購(gòu)real estate acquisition 不動(dòng)產(chǎn)購(gòu)置 7. finance n. 財(cái)務(wù)；金融；資金v.為（計(jì)劃等）提供資金，提供款項(xiàng) finance company = finance house 信貸公司，財(cái)務(wù)公司 8. treasury n.寶藏，寶庫(kù)，財(cái)政部 treasury bill 國(guó)庫(kù)債券Treasury Board 財(cái)政委員會(huì) the Treasury Department

14、財(cái)政部financial treasury 財(cái)政金庫(kù),Language Points(語(yǔ)言點(diǎn)）,9.discount n. 折扣，貼現(xiàn) bank discount 銀行折扣，銀行貼現(xiàn)cash discount 付現(xiàn)折扣 compound discount 復(fù)利貼現(xiàn)customary discount 行例折扣 fellow-trader discount 同業(yè)折扣forward discount 期貨折扣 10.clearing 清算 bank clearing 銀行之間的劃撥結(jié)算exchange clearing 外匯清算 multilateral/bilateral clearing 多邊

15、/雙邊清算,Exercises and Key to Exercises,（1）1.英格蘭銀行 Bank of England 2.銀行營(yíng)業(yè)部 Banking Department 3.股份公司joint stock company 4.接受存款機(jī)構(gòu) deposit-talking institution 5.規(guī)章制度 rules and regulations 6.執(zhí)行貨幣政策 implement monetary policy 7.貼現(xiàn)行 discount house 8.公眾利益public interest 9.國(guó)際貨幣基金組織 International Monetary polic

16、y 10.世界銀行 World Bank （2）ACBCD (3) Some questions: What are the functions of the central bank? When was the Bank of England founded?,Unit One part B The Federal Reserve System,教學(xué)目的與要求（Teaching targets）： help students get some knowledge of American banking system- The Federal Reserve System and the be

17、nefits of being a member in the Federal Reserve System and study some important specialized words related to American central banking system 教學(xué)重難點(diǎn)(Emphases and difficulties）： some important vocabulary: Federal Reserve System, electronic fund transfer, reserve account, discount window, collection sys

18、tem, wire transfer service ；The three major benefits of being a member of the Federal Reserve System, esp. the borrowing ability, that is how to control money supply by discount rate. Some related words .,the central bank system in the United States : FED - The Federal Reserve System. the central ba

19、nk system in Britain (part A): Bank of England Now, lets turn to the FED. Please try to find out the differences between the central bank system in British and the United States.,Background knowledge to FED,FED - The Federal Reserve System like most industrialized nations, the United States has a ce

20、ntral bank to meet certain needs of its complex economy and financial system. Unlike most certain banks, however, the U.S. Federal Reserve System is, in a sense, a “decentralized” central bank. Established in December 1913 by The Federal Reserve Act, The Federal Reserve System was designed to addres

21、s the conditions underlying the money panics that had troubled the country for many years.,The FED comprises :,1. the Board of Governors(聯(lián)邦儲(chǔ)備委員會(huì)) 2. the 12 Reserve Banks (12個(gè)區(qū)域聯(lián)邦儲(chǔ)備銀行) 3. the Federal Open Market Committee(聯(lián)邦公開(kāi)市場(chǎng)委員會(huì)) 4. the Federal Advisory Council(聯(lián)邦咨詢委員會(huì)) 5. the member banks (14,537

22、) （成員銀行）,the Board of Governors - is composed of 7 members. Their appointments are made by the President of the United States, and confirmed by the Senate. Members are appointed for terms of 14 years.,the 12 Reserve Banks - each of the 12 Federal Reserve Banks serves a district and each has 9 direct

23、ors. Three of them are class A directors, who may be bankers, three are class B, who must be actively engaged in the district in Commerce agriculture, or some other industries, three are class C, who are designated by the Board of Governors of the Federal Reserve System.,the member banks (14,537) co

24、mprise National banks(國(guó)民銀行) and State banks (州注冊(cè)銀行),Three major benefits accrue to commercial banks through their membership in the FED: 1. check clearance 2. electronic fund transfer 3.borrowing ability:,borrowing ability: discount rate decreases banks borrow more money supply increases interest ra

25、te decreases stock price increases,Language Points(語(yǔ)言點(diǎn)）:,1. accrue (to) 增長(zhǎng) knowledge will accrue to you from reading. 讀書能增加知識(shí)。 Interest accrues to a man from loan. 提供貸款則利息自生。 2. boost 推進(jìn)，往上推，增加，提高 to boost price 提高價(jià)格We need to boost our spirits. 我們要鼓舞士氣。 3. transfer account transfer 轉(zhuǎn)賬賬戶bank transfe

26、r 銀行轉(zhuǎn)賬 transfer of title 產(chǎn)權(quán)轉(zhuǎn)讓transfer of ownership 所有權(quán)轉(zhuǎn)讓 intra-company transfer 公司內(nèi)部轉(zhuǎn)讓letter transfer 信匯,Language Points(語(yǔ)言點(diǎn)）:,4. expedite v. 加速, 派出Please do what you can to expedite the building work.請(qǐng)盡管加快建筑工作 5.access (to) 使用的機(jī)會(huì)，權(quán)利 Students must have access to a good library. 學(xué)生有權(quán)利使用好圖書館 6. the Fe

27、deral Reserve System = FED 聯(lián)邦儲(chǔ)備系統(tǒng) electronic fund transfer 電子資金劃撥check clearance 支票交換 wire transfer service 電告資金劃撥服務(wù) discount window 貼現(xiàn)窗口 stock market watchers 證券市場(chǎng)監(jiān)督員last resort 最后貸款 credit availability 信用，可發(fā)放的貸款,Exercises and Key to exercises,(1) 1.聯(lián)邦儲(chǔ)備系統(tǒng) Federal Reserve System 2.電子資金劃撥 electronic

28、 fund transfer 3.支票清算 check clearance 4.準(zhǔn)備金賬戶 reserve account 5. 收款系統(tǒng)collection system 6.電告資金劃撥服務(wù) wire transfer service 7.貼現(xiàn)窗口 discount window 8. 證券市場(chǎng)監(jiān)督員 stock market watcher 9.緊急基金 emergency funds 10.最后貸款 last resort (2) BDABC (3) Question: what are the differences between the central bank system i

29、n British and the United States?,Unit One Part C Correspondent Banking,教學(xué)目的與要求（Teaching targets）： Help students understand a major business in American banking; Study some words. 教學(xué)重難點(diǎn)(Emphases and difficult points): some important vocabulary: correspondent banking, capital market, incorporated bank

30、, electronic banking, holding-company, payments mechanism, correspondent bank, deposit balances, bookkeeping service, consolidation of purchase; the understanding about one of the US bank business-correspondent banking. some important specialized vocabulary.,Detailed explanation:,It consists, basica

31、lly, in some banks holding deposits in other banks just as individuals and other businesses do. 代理銀行業(yè)務(wù)基本上是由一些像個(gè)人或其他企業(yè)一樣在其他銀行有存款的銀行組成。 Corresponding banking is a very traditional form of banking in the United States - virturally as old as our banking system itself.代理銀行業(yè)務(wù)在美國(guó)是一種非常傳統(tǒng)的銀行業(yè)務(wù) - 實(shí)際上就像銀行系統(tǒng)本身一樣古老。 As has been stressed, the banking system plays a central role in the payments mechanism of the United States, and to be effective in a countr