2. Study the meaning of the following words and expressions from their definitions.

Finance

– management of money

– capital involved in a project

– loan of money for a particular purpose

– money resources of a state, company or person

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Finance house (company)

– organization providing finance for hire-purchase agreements.

Financial accountant

– accountant whose primary responsibility is the management of the finances of an organization and the preparation of its annual accounts.

Financial adviser

– a person who offers financial advice to someone else, especially one who advises on investment.

– organization, usually a merchant bank, which advises the board of a company during a take-over.

Financial capital

– the liquid as opposed to physical assets of a company.

Financial futures

– futures contract in currencies or interest rates.

Financial institution

– an organization that collects funds from individuals, other organizations or government agencies and invest these funds or lends them on to borrowers.

Financial instrument

– formal financial document.

Financial intermediary

– bank, building, society, finance house, insurance, company, investment trust etc. that holds funds borrowed from lenders in order to make loans to borrowers. – person or organization that sells insurance but is not directly employed by an insurance company.

Financial year

– any year connected with finance, e.g. a company's accounting period or a year

for which budgets are made up.

– specific period relating to corporation tax.

Financial ratio

– ratios between particular groups of the assets or liabilities of an enterprise and corresponding totals of assets or liabilities; or between assets and liabilities and flows like turnover or revenue.

Financier

– person who uses his one money to finance a business deal or venture or who makes arrangements for such a deal.

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