7. For each of the following phrases find another one in the text that explains it:
1) Money
issued by the central bank of a country.
2) A piece
of currency made of metal.
3) Unit of
the bank note's value.
4)A
document in settlement of a large debt guaranteed by the bank.
5)A
document which establishes the identity of a person settling by
cheque.
6)Cashing
in a Bill of Exchange before it is due for payment.
7)The
bank's readiness to accept a cheque for payment.
8. Fill in the blanks with proper words or phrases:
bank
notes honoured
bearer
identification
coins
issued
currency
traveller's cheques
1) While
travelling I do not like to carry large amounts of …… .
2) I
prefer to have ..... which are immediately negotiable.
3)
Traveller's cheques are ..... in different denominations.
4) To cash
the traveller's cheque the ..... should present proper
identification.
5)
However, there are merchants who will not accept traveller's
cheques even though you present proper….. . .
6) I
collect ..... of every denomination.
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