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:

ncome a bank derives from sources such as fees and service charges, trading income, and investment securities gains:

We are thinking of buying a house and we would like to talk to a………:

The bank’s ………….lists assets and liabilities:

The ……………….represents the total value of the goods and services produced by a country over some unit of time (a month, a season, a year etc.):

Members of a board of directors who are not full-time managers of the company:

When the government doesn’t control the exchange rate in any way, the currency is ……………….. :

Allowing a customer time before he has to pay for goods or services:

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

Closing of a company and selling of its assets:

An organized market for the issue of new securities and the exchange of secondhand ones:

If ever you find you have an unexpected expense, you can always………..some money from your current account:

Money given to developing countries by richer ones is known as ……………:

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

The money needed to start a company is called……………………………….:

Things a company owns and uses in its business:

An employee who serves customers in a bank for their deposits, withdrawals and other services:

Being able to pay all debts on due date:

A numerical assessment of the risk of a potential borrower:

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

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