contract under smth
To fulfill the obligations invoice
the payment is understood agreement
shipment to carry out
to consider null and void the payment is made
according to be over
receipt delivery
Exercise 3 Answer the following questions:
1. What are the main elements of the contract?
2. What does involve the Subject of the contract in the Agreement?
3. What does involve the Terms of the Payment of the Contract in the Agreement?
4. What does involve the Time of Delivery in the Agreement?
5. What are another parts of the Contract?
6. What are the main points the representatives of the both parties are always
discussed?
7. What can influence on the price?
8. Has any influences on the Contract some economic environment and what way?
9. What reason can reduce the price?
Unit 28. Types of Banks
Active Vocabulary
banking be engaged in Central bank |
банківська справа займатися Центральний банк |
the Federal Reserve System (the FED) |
Федеральна резервна система |
commercial bank accept deposits make a loan manage customer’s accounts |
комерційний банк приймати депозити (вклади) одержати позику, надавати позику вести рахунки клієнтів (у банку) |
merchant bank investment bank saving bank saving account |
торговельний банк інвестиційний банк ощадний банк ощадний рахунок |
A bank is an institution that deals in money and provides other financial services. Banks are the heart of any financial system.
Banking is the business a bank is engaged in.