2. Find words or word combinations in the text that mean the following:

a) when one company unites with another company and they make a single company;

b) a combination of a commercial bank, an investment bank , and an insurance company offering different financial services;

c) a client of a bank that is a whole company or a large firm;

d) money put in a bank;

e) percentage of money paid by a bank to people who deposited their money with it; percentage of the loan paid to the bank by people who borrowed money from the bank;

f) to get money for some project (usually through an intermediary);

g) money charged by a bank for its services;

h) the money that is used in various countries;

i) a document issued by a government indicating that the money was borrowed and the government promises to give it back with interest to the holder of the document.

Appendix letters and faxes

Letters, the traditional form of business communication, are still generally preferred for confidential and very formal correspondence. But faxes (telefaxes) are growing in popularity, due to their speed and convenience. Many companies now have their own fax stationery which resembles a memo (memorandum) in layout. As information about the sender and receiver appears at the top, traditional greetings are often omitted so faxes tend to be more direct.

For information on layout, study the two documents below.

The

Winnall Manor Road, Winnall, Winchester, Hampshire S098 4HJ letterhead

The name and Telephone Winchester (0962) 846372

position of the Fax (0962) 849202

person who will

receive the letter.

This name and Anna Soriano

address is Purchasing Manager

sometimes Artendo SA Parque Empresarial San Fernando

omitted, as is this Edifico e Esc. B Planta 2

subject heading San Fernando de Henares

Madrid

17 March 19xx

Subject: New price lists

Mrs is used because

Anna Soriano is a

Dear Mrs Soriano married woman.

Other common titles

End letters that It was very nice to meet you in Madrid last week. As promised, I am enclosing are:

Begin Dear Sir or our new price list, which will become effective next month. Mr for men

Madam, Yours Miss for unmarried

faithfully If you ever come to Winchester, I do hope you will have time to look me up. women

I would be delighted to show you around the site. Ms if the marital

status of a

woman is

Yours sincerely. unknown

David Ellingham Dear Sir or Madam

is used if the name of

p p means pp John Parks the person is not

someone else Overseas Sales Manager known

signed the letter

as Mr Parks was

absent

encs

encs means

there are other

documents enclosed with this letter