ON

TARG

ET

Aims of the class

(ciljevi časa)

Abbreviations - skraćenice

The Passive Voice – pasiv

Unit 6. Banking, key vocabulary

Phrasal Verbs – frazalni glagoli

SOURCE: Tullis, G. & Trappe, T. (2000). New Insights into Business, page 56 Track: 21 (Listening)

Unit 6. Banking - KEY VOCABULARY

Task Instructions: Fill in the gaps with the keywords given below.

The banking sector in the United Kingdom is made up of a variety of institutions which are _________________ the country’s central bank, _________________ .This bank looks after the government’s finance and _________________ and acts as banker to other banks. However, for the general public and many businesses, banking services are provided by _________________, or _________________, which have _________________ throughout the country. These banks offer a wide range of services, which include ___________________________________ and _________________ customers’ ________________. ________________, on the other hand, do not deal with the public but specialize in services for companies or corporate customers. They are particularly active in arranging _________________ and _________________ and in advising on aspects of _________________.

clearing banks, supervised by, accepting deposits, commercial

banks, making loans, monetary policy, managing, The Bank of

England, accounts, mergers, branches, acquisitions, merchant

banks, corporate finance

supervised by The Bank of England monetary policy

commercial banks clearing banks branches

accepting deposits, making loans managing accounts

Merchant banks

mergers acquisitions corporate finance

Match the words with their synonyms/definitions:

The Bank of England (BoE)

commercial banks

deposit

loan

monetary (adj.)

merchant banks

to supervise

merger

acquisition

money that somebody lends you=zajam

to oversee

the country’s central bank

connected with money

banking services for the general public and many businesses

a sum of money paid into a bank account = ulog

specialize in services for companies or corporate customers

the act of joining 2 or more companies together=fuzija

a company that has been bought by another company

Banking and using money • Complete the sentences below with a word or phrase from

the box. 1. American Express, VISA and Mastercard are

_________________. 2. A plastic card that I can use to pay for goods in shops that

means that money is IMMEDIATELY transferred to the shop’s bank is called _________________.

3. If you need cash urgently, you can usually get some – even at night – from a _________________.

4. When you use your bank card to get cash, you have to know your _________________.

5. Most people who have a bank account can, apart from credit cards, pay for goods and services by using a _________________.

6. Carrying out simple banking operations such as checking your account, making transfers or payments from home, either by phone or using a computer is _________________.

7. A computer printout sent by a bank to a customer, showing recent activity on his/her account is a _________________.

cheque book;

home-banking;

credit cards;

PIN number (personal identification number);

cash point;

bank statement; debit card.

Find in your books. References.

Sweeney , S. (2007) Professional English Finance, PENGUIN ENGLISH GUIDES, p. 11

credit cards

debit card

cash point

PIN number

cheque book

home-banking

bank statement

Vocabulary development.

Abbreviations = skraćenice • What do the following abbreviations mean? Fill in the

missing letters.

1. VAT = Value A _ _ _ _ T _ _

2. PLC = Public L _ _ _ _ _ _ C _ _ _ _ _ _

3. Ltd = L _ _ _ _ _ _

4. & Co. = _ _ _ _ _ _ _ _ _ y

5. COD= Cash O _ D _ _ _ _ _ _ _

6. PAYE = Pay A_ Y _ _ E _ _ _ (that is, tax)

7. IOU = I O _ _ Y _ _ Find in your books. References.

Tullis, G. & Trappe, T. (2000). New Insights into Business, page 61

d d e d a x

i m i t e d o mp a n y

i m i t e d

a n d C o mp a n _

e l i v e r y n

s o u a r n

w e o u

Abbreviations – Translations into Serbian Skraćenice: Prevod

Value Added Tax

porez na dodatu vrednost

Public Limited Company

javno preduzeće sa ograničenom odgovornošću

Cash On Delivery

platiti pouzećem

I Owe You

vrsta priznanice

Limited, Ltd

d.o.o.

• PAYE, Pay As You Earn

• direktna naplata poreza

Pay As You Earn

Phrasal Verbs, frazalni glagoli New

Insights into Business, page 78

Match the phrasal verbs with their

synonyms.

phrasal verbs

to call on

look after

buy up

go about

to point out

to think over

let down

synonyms

to purchase

to supervise

to start doing something

to reflect upon

to disappoint

to draw attention to sth

to visit

Developers __________________old theatres and converted them into cinemas. This is an organization that _______________the interests of artists How did you _____________finding a job? Let's ________________ his proposal before we see him again. He ________________that we had two hours of free time before dinner. We could _______________ my parents if we have time.

call on look after point out

go about think over buy up

bought up

looks after

go about think over

pointed out

call on

Introduction to the Passive Voice

• Did you notice some sentences in the text

(Unit 6 – Banking) that use passive verbs?

• Why do we use the passive voice?

• Try to make these active sentences –

passive:

1. The Bank of England looks after the

government’s finance and monetary policy.

2. Clearing banks offer a wide range of

services.

THE PASSIVE - THEORY, TEORIJA: knjiga Engleski poslovni jezik, str. 52-53 OBLIK, FORM:

• TO BE (HAD BEEN) + III KOLONA

• TABELA STR. 54, ENGL. POSLOVNI JEZIK

AKTIV PASIV

PRESENT SIMPLE Mr Smith writes the delivery notes.

The delivery notes ARE WRITTEN (by Mr Smith).

PRESENT CONTINUOUS Mr Smith is writing the delivery notes.

The delivery notes ARE BEING WRITTEN (by Mr Smith).

PAST SIMPLE Mr Smith wrote the delivery notes.

The delivery notes WERE WRITTEN (by Mr Smith).

PRESENT PERFECT Mr Smith has written the delivery notes.

The delivery notes HAVE BEEN WRITTEN (by Mr Smith).

PAST PERFECT Mr Smith had written the delivery notes.

The delivery notes HAD BEEN WRITTEN (by Mr Smith).

FUTURE Mr Smith will write the delivery notes.

The delivery notes WILL BE WRITTEN.

Engleski poslovni jezik, zad. 117, str. 123.

• Rewrite the sentences in passive voice.

1. She sang a song. -

2. Somebody hit me. -

3. We stopped the bus. -

4. A thief stole my car. -

5. They didn't let him go. -

6. She didn't win the prize. -

7. They didn't make their beds. -

8. I did not tell them. -

9. Did you tell them? -

10.Did he send the letter? -

REŠENJA, zad. 117, str. 123.

1. She sang a song. - A song was sung by her. 2. Somebody hit me. - I was hit by somebody. 3. We stopped the bus. - The bus was stopped by us. 4. A thief stole my car. - My car was stolen by a thief. 5. They didn't let him go. - He was not let go by them. 6. She didn't win the prize. - The prize was not won by her. 7. They didn't make their beds. - Their beds were not made

by them. 8. I did not tell them. - They were not told by me. 9. Did you tell them? - Were they told by you? 10. Did he send the letter? - Was the letter sent by him?

Engleski poslovni jezik, zad. 120, str. 124. Passive or Active forms?

Rečenice dopunite glagolima iz zagrada: u pasivu ili aktivu.

1. He ______________________ (sell) cars.

2. The blue car (sell) ______________________.

3. In summer, more ice-cream (eat) __________________ than in winter.

4. She (call) __________________ her grandparents every Friday.

5. The letters (type) ___________________________.

6. He (take) _______________________ his medicine every day.

7. Jane (take/not) _____________________ to school by bus.

8. We (go) _________________________ to school by bus.

9. She (work/not) _______________________ for a bank.

Engleski poslovni jezik, zad. 122, str. 125.

• Exercise on Passive in Business English. Rewrite the sentences in passive voice.

1. I confirm the reservation. 2. We will deliver the goods immediately. 3. We arranged a meeting. 4. You can cancel the contract within five business

days. 5. They execute all orders carefully. 6. You have made a mistake. 7. We are processing your order. 8. Jane had booked a flight. 9. He has not answered our letter. 10.She did not sign the contract.

REŠENJA, zad. 122, str. 125.

1. I confirm the reservation. → The reservation is confirmed.

2. We will deliver the goods immediately. → The goods will be delivered immediately.

3. We arranged a meeting. → A meeting was arranged.

4. You can cancel the contract within five business days. → The contract can be cancelled within five business days.

5. They execute all orders carefully. → All orders are executed carefully.

6. You have made a mistake. → A mistake has been made.

7. We are processing your order. → Your order is being processed.

8. Jane had booked a flight. → A flight had been booked.

9. He has not answered our letter. → Our letter has not been answered.

10. She did not sign the contract. → The contract was not signed.