A numerical assessment of the risk of a potential borrower:

A type of deposit account which pays a favorable rate of interest:

You can obtain cash at any time of the day or night from……..:

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

………………consist of everything a company owes:

Delayed, put off or postponed until a later time:

Which of the following best describes the bank system?

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:

The exporter sends the goods and documents to the foreign buyer. The buyer pays the invoice when the goods arrive, or within a certain period from the invoice date. This can be risky,as the exporter trusts the buyer to honour the original sales contract:

I’m paying for my new car in 36 monthly …………..:

Movement of money from one bank account to another one:

The great advantage of using …………. for payments is that you don’t have to carry large amounts of cash around with you:

Money in the form of bank notes and coins:

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

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:

The bank will simply not let you………….any money unless you can prove that you have been in regular employment for at least 3 years:

Banking services offered to large companies:

Interest…………..are their lowest level since the 1980’s:

Income a bank derives from loans and investment securities:

Loan which is guaranteed by the borrower giving assets as security: