english for banking and finance 2

Unit 1: Money matters
1.
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Vocabulary:
Cash point = cash dispenser = ATM (Automated Teller Machine)
Non – cash: không dùng tiền mặt
Property = real estate
Overdraft: thấu chi
Beneficiary: người hưởng thụ
Balance brought forward: số dư đầu kỳ
Balance carried forward: số dư cuối kỳ
Standing order: individual beneficiary, the amount of money is fixed
Direct debit: use for business beneficiary, the amount of money is variable
Credit: tín dụng
Credit (n.): phát sinh có, khoản ghi có
Credit (v.): ghi có
Debit (n.): khoản ghi nợ, phát sinh nợ
Debit (v.): ghi nợ
To credit/debit + $200 + to + account
To credit/debit + account + with + $200
Wage: on daily/weekly basis: tiền công
Salary: on monthly basis: tiền lương
Budget: estimation (sự ước lượng) of income and expenditure
Expenditure = expense
Stock = inventory: hàng tồn kho (stock ở đây không đếm được)
Outlet: đầu ra sản phẩm. E.g: supermarket, market,…
Output: sản lượng
Deteriorate = depress = slump = recession: suy thoái

Crisis: khủng hoảng
File for bankruptcy: nộp hồ sơ xin phá sản
Go bankrupt = go into liquidation: phá sản
Make a profit/loss
To pay interest = to service a debt
Investment + in
Expand business: mở rộng kinh doanh
Mortgagor: người đi vay khoản vay mua BĐS
Mortgagee: người cho vay khoản vay mua BĐS
Retail: bán lẻ
To pay back = to repay
Repay: tiền trả lại (dùng cho đi vay)
Return: tiền thối
Refund: hoàn lại tiền
Signature specimen = specimen of signature: chữ ký mẫu
ATM card = cash card = debit card
At a counter (B.E) = at a window (A.E): quầy giao dịch
Pay into = put into = deposit
Slip: phiếu điền thông tin …
Maturity = due date: đáo hạn
CD (Certificate of Deposit): chứng chỉ tiền gửi
Merger: sát nhập
Acquisition: thâu tóm
= Takeover bids: thâu tóm, mua lại
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Broker = intermediary: môi giới

Underwrite: bảo lãnh
Stand for = represent
Brokerage: nhà môi giới
IPO (initial public offering): phát hành cổ phiếu lần đầu
Margin: biên độ
To analyse
Analyst (n.)
Analysis (n.)
Analytical (a.)
- Debtor: con nợ > < creditor: chủ nợ
- Repossess: tịch biên phát mãi
- Collateral (A.E) = security (B.E): tài sản thế chấp
- Default on repayment: sai hẹn hoàn trả
- Repayment capacity: khả năng trả nợ
- Reject: từ chối
- Applicant: người nộp đơn
Merger
2 companies become 1 company
Takeover bid
One company tries to buy another company
Pension
You save this money for when you stop working
Current account
You use money in this account every day
Deposit account
You save money in this account over a long time
Building society
A special bank for deposit accounts and mortgages
Issue shares
Offer parts of a company to investors

Fight takeover bids Work against someone trying to buy a company
Raise capital
Get money to run a business
Underwrite
Arrange to sell shares to investors and to guarantee a minimum
securities
price
Give financial advice Help someone with money and investments
2. Grammar:
- Present simple
- Adverbs of frequency
- Present continuous
- A/An/The or No article

Unit 2: Products in retail banking
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Vocabulary:
Instalments/installments: trả góp
Utilities: dịch vụ tiện ích
24/7: twenty four over seven = at any time = round – the – clock
Set up + standing order
Arrange + direct debit
Online banking = internet banking
Keep track = follow
A nine to five job: cơng việc giờ hành chính
Overdraft: thấu chi
Stand in life = queue: xếp hàng
Direct deposit

A way to receive your salary directly
Statement of account A document that shows the activity in your account
Amount
Quantity

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Bank card
A card you use to withdraw cash at the cash dispenser
Deposit
Money put into an account
Convenient
Easy
Access to funds
The ability to use your money
Long – term
Lasting for a long period of time
Overdraft
A negative balance on the account
Expensive
Costing a lot of money
Fees and charges
Prices of bank services
Interest rates
Rates for borrowing or saving
2. Grammar:
- Making suggestions and recommendations: can, need, would you like, suggest,
recommend, need to
- Will be able to + V

- Present continuous, will, be going to
- Comperative and superlative

Unit 3: Presonal loans and credit
1. Vocabulary:
- Load money onto card: nạp tiền vào thẻ
- Creditworthy (a.) = believable: đáng tin cậy
Creditworthiness (n.)
- Credit bureau = credit agency: bộ phận lưu trữ thông tin tín dụng
- Buy on credit: buy now and pay later
- Outstanding balance: số tiền nợ còn phải trả
- Clear account = pay account in full: trả hết tiền trong tài khoản còn nợ
- Carry sth over: chuyển sang
- Free credit: vay tiền 0% lãi suất
- POS device: máy cà thẻ
- Good thru = good through = valid from … to …: có hiệu lực
- Line of credit = credit limit
- Provide credit = grant credit = give credit: cung cấp tín dụng
- Deposit in account = pay into account
- Candidate: ứng viên
- Authorise = permit, allow: uỷ quền
- Instalment: trả góp, trả từng lần
- Facility: dịch vụ
- Penalties: tiền phạt
Penalise (v.)
- Fill out (A.E) = fill in (B.E)
- Balance sheet = statement of financial position
- Profit and loss statement = income statement = statement of financial performance
- Pass on =reveal = disclose: tiết lộ
- Repayment capicity: khả năng trả nợ

- Principal: vốn vay
- Down payment (A.E) = deposit (B.E): tiền cọc
- Guarantor: người bảo lãnh
Credit
When you buy something now and pay for it later
What you pay to borrow money from a bank or other financial
Interest
institution

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Minimum
payment
Carry a balance
Repayment
terms
Credit rating
Lend money
Debit
Credit limit
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The lowest amount that you can repay when you buy things on credit
When you do not pay an amount you borrowed right away but later
How you have to pay money back to a bank
A decision about how safe it is to lend money to a person or company
Give someone money for a fixed time
Take money directly out of a bank account

The maximum amount of money that you can spend with a single
credit card

Grammar:
Zero conditional
First conditional
Modals for obigation, necessity and lack of necessity (must, will have to, need to,
don’t/doesn’t have to) and prohibition (mustn’t)
Might/may

Unit 4: Islamic banking
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Vocabulary:
Govern: chỉ đạo vận hành
Board: hội đồng
Prohibit = ban: cấm đốn
Prophet: nhà tiên tri
Ethical: đạo đức
Restrict: hạn chế
Goodwill: thiện chí
Demand deposit = sight deposit = call money: tiền gửi không kỳ hạn
Run a risk: bị rủi ro (passive)
Take a risk: chấp nhận rủi ro (active)
Venture capital = risky capital: vốn đầu tư mạo hiểm
Schedule repayment: trả sớm trước hạn
Partnership: hùng vốn
Lease: cho thuê
Word partnership:

o Keep the money safe
o Guarantee to refund
Raise funds/capital/money: tăng vốn
Pay in installments
Partner: người hùng vốn
Partnership: hùng vốn
Contribute: góp phần
Buyer ßà middleman ßà seller
Charge interest to debtor/borrower
Charge interest on loans
Pay interest to depositer
Pay interest on deposits
Offer interest
Lend money but not charge for the loan
Follow laws
Do what the authorities tell you to do
Create one section
Start one area in a company
Do business
Buy or sell services

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Charge interest
Restrict trade
Earn money
Prohibit interest
Share a profit or a loss
Pay a penalty

Purchase an asset
Reduce a percentage
Ask for a service
charge
Lease an asset
Guarantee a refund
2. Grammar:
- Past simple
- Used to
- Past continuous

Ask for money when you lend it
Not allow a business activity
Receive money
Say that to pay or receive interest is not allowed
Divide money which was made or lost
Give extra money to someone if you did not follow the laws
Buy something valuable
Make a part of something smaller
Charge a fee
Give money to someone to use something
Promise to give money back to someone

Unit 5: The structure of a bank
1. Vocabulary:
- Be in charge of = be responsible for: có trách nhiệm với
Be liable for: chịu trách nhiệm (liên quan đến luật)
- Forex = FX = foreign exchange
- Wealthy: giàu có, thịnh vượng
- Existing = current: hiện tại

- Evaluate: đánh giá
- Modify = change = adjust: thay đổi
- Default on repayment: không thể trả được nợ
- Tailor – made product: sản phẩm đo ni đóng giày
- Recruit = hire: tuyển dụng
- Credit lines = lines of credit: mức tín dụng
- Audit: kiểm tốn
- Liability (n): trách nhiệm nợ
Liabilities (n): tài sản nợ
- Lawsuit: luật
- Deal with: làm việc với
- Superior: cấp trên
Subordinates: cấp dưới
- Procedure: quy trình
- Assess: đánh giá
- Hierarchy (n): tơn ti trật tự, thứ bậc cao thấp
Hierarchical (adj)
- Department:
We are in charge of running the bank. We look at all the
Board of Directors information and plan long – term strategies. The managers of
the other departments report to us
We deal with managing investment porfolios for wealthy
Private banking
customers
I deal with exchange rates and foreign currencies. We help
Foreign exchange
customers when they want to change money

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Group risk
Human resources =
Personnel
Corporate banking
Group accounting
Client risk
management
Retail banking
Loan modification
Internal audit

2.
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This department looks at individual customers’ financial
documents. They assees each of them according to the risks of
the products and the economy
We are responsible for recruiting and training staff as well as
paying employees
I take care of tailor – made products for coporate clients
I help my boss with the preparation of financial documents for
bank
I deal with large companies. I check on the collateral they have
and I check their credit ratings to make sure we can lend them
money
Customers come here to make a bank transfer or ask a question
about their account. They can also open or close their account
We help corporate customers when they have financial
difficulties and take care of modifying loans and credit lines

We check on the work in other departments. We are in charge
of making sure everything is done correctly
We deal with legal problems and lawsuits
The people in this department try to find out what the other
employees need to learn. Then they set up training courses

Legal department
Training
department
Grammar:
Prepostions: be in charge of, take care of, be involed in, check on, deal with, be
responsible for
Gerund or to V after V
Future forms and past simple
Present perfect

Unit 6: Finance in companies
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Vocabulary:
Advance: tiền tạm ứng, tiền cọc
Change in demand: nhu cầu thay đổi
Invoice: hoá đơn
Order: đơn hàng, yêu cầu
To place an order: đặt 1 đơn hàng
Put off payment: hỗn trả tiền
Unforeseen cost: các chi phí phát sinh thêm
Reserve: dự trữ
The balance sheet = statement of financial position

Current assets: tài sản lưu động
Accounts receivable: khoản phải thu
Invetory = stock: hàng tồn kho
Non – current assets: tài sản không lưu động
Tangible assets: tài sản hữu hình
Buildings = premises: nhà xưởng
Intangible assets: tài sản vơ hình
Patent: bằng sáng chế
Retained earnings: lợi nhuận giữ lại
Current liabilities: tài sản nợ ngắn hạn
Non - current liabilities: tài sản nợ dài hạn

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The income statement = profit and loss statement = statement of financial
performance
- Administrative costs = overhead: chi phí điều hành chung
- Owe: nợ
- Bond payables: trái phiếu
- Lease: cho thuê tài chính
- Depreciation (n) – depreciate (v): khấu hao (tài sản hữu hình)
- Amortiztion (n) – amortize (v): khấu hao (tài sàn vơ hình)
- Turn into: biến thành
- Estimate (v) – estimation (n): dự tính
- Cost of goods sold: giá vốn hàng bán
- Sales: doanh số
- Operating revenue: doanh thu từ hoạt động thường xuyên

- Operating expense: chi phí hoạt động
- Operating profit: lợi nhuận từ hoạt động thường xuyên
- EBIT (earnings before interest and tax): lợi nhuận trước lãi và thuế
- Net profit after tax: lợi nhuận (ròng) sau thuế
- Subtract: trừ
- Net profit margin: biên độ lợi nhuận ròng
- Recover: phục hồi
- Generate – generation: tạo ra
- Bottom line
- Cash on hand: tiền mặt tại quỹ
- Bottom line: (finance) dòng cuối cùng, kết quả sau cùng trong các bảng báo cáo
= key points: điểm then chốt
- As at …: tính đến ngày nào đó
- Pay for loan repayment: trả lãi + gốc
Money you pay someone to start a job; they receive the rest at the
Advance
end
Cash flow
Not enough money coming in to cover expenses
problems
When people pr companies start needing more or less of a product
Change in demand
or service
Deposit
This money is often paid to reserve something
Invoice
Send someone a bill for work you have done
Lack of cash
When money is not available
Meet expenses

Pay your bills
Order
A request to supply goods or services
Pay in full
Completely pay off a debt
Put off payment
Pay bills at a later date
Unforeseen costs Expenses you do not expect
Amortisation
The gradual decrease in value of an intangible asset
EBIT
The money earned before paying interest and tax
Net profit after tax Money the company earned
Cost of goods sold The amount of money spent to produce and sell a product
The amount earned for selling goods minus discounts given to
Sales
customers
Depreciation
The gradual decrease in value for tangible asset
2. Grammar:

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Some/any/a lot of/may/much
Passive
Can/may/might/could
Because/due to/therefore/resulting in

Unit 7: Corporate banking
1. Vocabulary:
- Cash on hand = cash in hand: tiền mặt tại quỹ
- To finance: tài trợ, cấp vốn
Refinance: đổi nợ
- Letter of credit: tín dụng thư
- Bank draft = BoE: bill of exchange: hối phiếu
- Credit line: hạn mức tín dụng
- Leasing agreement: hợp đồng thuê tài chính
- Recommend: đề nghị, giới thiệu
- Premises: cơ sở, mặt bằng (building, office, factory, plant, warehouse)
- Individually = seperately
- Expand: mở rộng
- Liquidity: tính thanh khoản
Liquidate: thanh lý
- Residual value: giá trị còn lại
- Work out: tính tốn
- Agreed limit: hạn mức
- Conduct: quản lý
- In exchange for: đổi lại là
- Furnishing: đồ đạc
- Restructure: tái cấu trúc
- Loan modification: điều chỉnh nợ
- Settle: thanh tốn
- Pay off: trả dứt
- Alternative financing: hình thức tài trợ khác
- Default: vỡ nợ
- Turnaround professional: chuyên gia giúp biến tình hình xấu thành tốt
- Obligation: trách nhiệm

- Legal proceeding: thủ tục pháp lý
- Reclassify: phân loại lại
- Court: toà án
- Renegotiate: đàm phán lại
A written promise by an importer’s bank to pay the exporter’s
Letter of credit
bank on a particular date or time after the goods are sent by
the importer
A type of cheque where the payment is guaranteed because it
Bank draft
is issued by a bank
An arrangement by a bank to give a customer a specific
Credit line
amount of unsecured credit, similar to an overdraft
A promise by a bank to pay a loan if the original borrower
Bank guarantee
does not pay it back
Leasing agreement
An arrangement to pay to use equipment, buildings,
Corporate bond
A debt security issued by a company sold to investors

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Settle bills with
creditors
Modify a loan
Restructure a company
Recover a debt

Generate cash
Liquidate assets
Refinance a loan
Manage debt

To pay people or companies you owe money to
To make changes to a loan agreement
To change business pratices
To be paid back when you don’t expect to be
To raise funds
To sell property for cash
To replace one loan with another at a lower rate of interest
To find a strategy to help an individual or company pay their
bills

2.
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Grammar:
Second conditional
Second conditional with modals
Past simple and present perfect

1.
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Vocabulary:
Stable: ổn định, bình ổn
Reserves: dự trữ
Reserves requirements: dự trữ bắt buộc

Monitor: theo dõi, giám sát
Issue: phát hành
Common currency: đồng tiền chung
Implement: thực thi
Foreign reserve: dự trữ ngoại hối
Regulate: điều tiết
Banknotes: giấy bạc ngân hàng
Mint: đúc kim loại
Statistics: con số thống kê
Publish: xuất bản
Oversee: giám sát
Authorise: uỷ quyền
Carry out: thực hiện
Carry on: tiếp tục
Duty: nhiệm vụ
Contract: thu hẹp
Take out a loan: vay tiền
Non – essential goods: hàng hoá xa xỉ
Capital goods: của cải dùng để tạo ra của cải khác
Regulate: điều tiết
Stimulate: kích thích
Stimulus: sự khuyến khích
Investigate: điều tra
Core capital: vốn tự có cơ bản
Step in: can thiệp
Default on something: mất khả năng trả nợ
Regulator: nhà làm luật, cơ quan ra quy định
Agenda: chương trình
Chair: chủ toạ
Insider trader: người mua bán có thơng tin nội bộ

Unit 8: Central banks and banking regulations

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Credit card fraud: giả mạo thẻ tín dụng
Level off: đứng yên
Noticeable: đáng lưu tâm
Slump: sự hạ giá nhanh
Hit a low: chạm đáy

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