Houses, bungalows, apartments, offices, shops and other any type of building you can own are called…………..:

 ………are people who put money into a business in the hope of making a profit:

Failure to carry out the terms of a contract, especially failure to pay back a debt:

Money paid by the government or a company to a retired person is a …………….:

 Balance sheets of subsidiary companies grouped together into the balance sheet of the parent company:

Being able to pay all debts on due date:

What is the primary source of income for commercial banks?

The exporter does not dispatch the goods until payment has been received from the importer. There is no risk for the exporter – all the risk is taken by the importer:

To put money into the bank:

The central bank is ………….to the commercial banks which are meeting the liquidity problem:

A customer can deposit and withdraw the money in a ----------------- at any time without waiting for a period of time:

What is an overdraft?

A foreign bank issues an undertaking to the exporter ( through a bank in the exporter’s country) to pay for the goods as long as the exporter complies with the terms and conditions of the contract. This is a much safer form of payment for the exporter. To be even safer, the exporter can arrange for the bank in his/her country to act as “ confirming bank”, which means that the bank in the exporter’s country is responsible for the transaction:

When you give money to a bank, who are you?

To deposit share certificates with a lender / bank as security for money borrowed:

The accounting value of a company ( assets minus liabilities):

A numerical assessment of the risk of a potential borrower:

The value of one currency in terms of another:

Debt which will not be paid and which has to be written off in the accounts book:

Money received; in accounting, an entry made on the right side of an account:

Movement of money from one bank account to another one: