Учебно-методическое пособие для бакалавров учетно-финансового факультета Краснодар


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Название Учебно-методическое пособие для бакалавров учетно-финансового факультета Краснодар
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Тип Учебно-методическое пособие
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After text exercises
VI. Complete the sentences according to the text:

1. The official currency of the UK is …..

2. English banknotes are issued by …..

3. As to coins they are minted also by …..

4. On the face of English banknotes one can read the denomination given …

5. The back of English banknotes feature portraits …..
VII. Match the sentence halves:

1.The one pound banknote features …

1…is the pound sterling.

2.The official currency of the UK …

2…feature portraits of different famous people.

3.The back of English banknotes …

3…Isaac Newton.

4.The inscription on the face of the banknotes reads …

4…I promise to pay the bearer on demand the sum of …

5.As to coins they are …

5…minted by the state bank.


VIII. Think of the questions to these answers:

  1. The back of English banknotes , like many other banknotes, feature portraits of

different famous people.

  1. On the face of English banknotes one can read the denomination given both in

figures and in words.

3. The official currency of the UK is the pound sterling which is equal to one hundred pence.

4. English banknotes are issued by the Bank of England.

5. The twenty pound banknote features William Shakespeare (1564-1616), the greatest playwright of all time.
IX. Are the following sentences true or false according to the text “English Banknotes and Coins”?

1. The official currency of the UK is the pound sterling.

2. English banknotes are issued by the commercial banks.

3. The back of the five pound note portrays William Shakespeare (1564-1616).

4. On the face of English banknotes one can read the denomination given both in

figures and in words.

5. The second signature is that of the Chief Cashier.
X. Find the numerals in the following sentences.

(see appendix – reference section)
1. The first signature on the English banknotes is that of the person authorized by

the Government and the Bank of England.

2. The one pound banknote features Isaak Newton (1642-1727).

3. The second signature on the English banknotes is that of the Chief Cashier.

4. Olympic Games in Sochi will be in 2014.

5. One third of the Earth is covered with forest.
XI. Sum up what the text says about:

a)English banknotes

b)English coins
XII.

a)Take any banknote (coin) which is in circulation now in our country and say a few words about it (its denomination; issuer; inscriptions, if any; portraits, if any;

flags, if any).

b)Imagine you are talking to an Englishman (or any other foreigner) about

money. Compare two banknotes (coins) of your countries.

Unit III

American money

Pretext Tasks

I.Vocabulary list:

  1. to subdivide

  2. to be subdivided into

syn. to be equal to

  1. legal tender

  2. debt

  3. treasure

treasurer

treasury


  1. to proclaim

to proclaim freedom

to proclaim independence

  1. to win (won, won)

  2. slave

  3. statesman

  4. exposition syn. Exhibition

  5. to hold (held, held)

подразделяться
подразделяться на…

законное платежное средство
долг

сокровище

казначей

казначейство, министерство финансов

провозглашать

провозгласить свободу

провозгласить независимость

победить

раб

государственный деятель

выставка

проводить

  1. fight (fought, fought) бороться

  2. on the face (of) на лицевой стороне

  3. established (by) основанный… (кем-либо)

  4. to feature показывать, помещать

  5. to issue выпускать в обращение

  6. Federal Reserve System Федер. Резерв. Система

  7. secretary of the Treasury секретарь казначейства



II. Give the English equivalents to the following words and word combinations:
законное платежное средство, казначейство-министерство финансов, провозглашать, государственный деятель, выставка, провозгласить свободу, долг, победить, бороться, война, подразделяться на, на лицевой стороне доллара, основанный конгрессом в 1913г, портреты известных людей, федеральная резервная система, первый секретарь казначейства.
III. Give the Russian equivalents to the following words and words combinations:
to proclaim independence, statesman, to win, war, legal tender, monument, exhibition, treasury, successful, slave, to hold, to be subdivided into, to proclaim freedom, Federal Reserve System, dollars are issued by, established by the Congress in 1913, freedom of slaves, bifocal spectacles.
IV Read and translate the following

portraits of famous people, on the face of the banknote, the war for Independence, to won the war to proclaim freedom, centennial exposition, popular public figure, to invent bifocal spectacles; on the back of the banknotes, buildings are featured, the U.S. Capitol, the Independence Hall, the White House, the House of Representatives, expert, the first President, Lincoln monument.
V. American money
Read and translate the text.

Find the answers to the following questions in the text:

  1. What is the official currency in the U.S.A.?

  2. What banknotes and coins are in circulation in the U.S.A.?

  3. Who issues banknotes and coins in the U.S.A.?

  4. What famous people are featured on the face of various American dollars?

  5. What words do all the banknotes bear?


The American dollar is subdivided into one hundred cents. The dollars are issued by the Federal Reserve System, established by the Congress in 1913. Here is the text on the face of an American dollar banknote:
Federal Reserve Note

The United States of America

This note is legal tender for all

Debts public and private

Washington, D.C. Treasurer of

the United States

Secretary of the Treasury

... dollars

On the face of American dollars one can also see the portraits of the following famous persons: George Washington (1732-1799), the first President of the United States of America, who gave his name to the capital of the country.

George Washington became the first President after the successful war of 13 British colonies for independence. After they won the war they formed 13 states and united to make the United States of America. Thus Independence was proclaimed on July 4, 1776.

Abraham Lincoln (1809-1865) who was President from 1861 to 1865 after the war between the northern and southern states. It was he who proclaimed freedom of slaves of the south.

Alexander Hamilton (1755-1804), a famous American statesman, who fought in the Independence War together with general George Washington. Later he became the first Secretary of the Treasury.

Andrew Jackson (1767-1845) who was President of the U.S.A. from 1 829 to 1837, when Texas won independence from Mexico.

Ulysses Grant (1822-1885) who was President of the U.S.A. from 1869 to 1877 when the Centennial Exposition was held in Philadelphia.

Benjamin Franklin (1706-1790) a very popular public figure, writer, diplomat and scientist. It was he who invented bifocal spectacles among many other things. On the back of banknotes various famous buildings are featured, such as:

-Lincoln Monument, one of the monuments in Washington

-The U.S. Treasury Building, in Washington

-The White House, the house of every President, except George Washington, who

only planned the capital of the U.S.A.

-The U.S. Capitol, which houses the Senate and the House of Representatives

-The Independence Hall, in Philadelphia, where Independence of the 13 British

colonies was proclaimed.

All the banknotes bear the words: in God We Trust.


After text exercises
VI. Complete the following sentences according to the text:


  1. The American dollar is subdivided into...

  2. The dollars are issued by the...

  3. On the back of banknotes various famous...

  4. All the banknotes bear the words...

  5. Later he became the first...

  6. It was Benjamin Franklin (1706-1709) who invented...


VII. There are some sentences in the text in the Passive Voice, find and translate them.
VIII. Put prepositions where necessary



from, of, into, by, on, to





  1. The American dollar is subdivided.. .one hundred cents.

  2. The dollars are issued...the Federal Reserve System, established...the Congress in 1913.

  3. Here is the text... .the face of an American dollar banknote.

  4. ...the face...an American dollars one can also see the portraits...the following famous persons.

  5. George Washington (1732-1799) was the first president...the United States... America, who gave his name... .the capital... .the country.

  6. Texas won independence... .Mexico.


IX. Translate the following sentences:


  1. On the back of banknotes various buildings are featured.

  2. Alexander Hamilton (1755-1804) fought in the Independence War together with general George Washington.

  3. The American dollar is subdivided into one hundred cents.

  4. The dollars are issued by the Federal Reserve System, established by the Congress in 1913.

  5. On the face of American dollars one can also see the portraits of famous persons.

  6. Abraham Lincoln (1809-1865) proclaimed freedom of slaves of the south


X. Sum up what the text says about:

  1. the issuer of American dollar notes…

  2. the inscription on the face…

  3. the portraits on the face…

  4. the famous buildings on the back…

  5. American coins...


XI Imagine you are talking to an American. Exchange coins as souvenirs and say a few words about the coin.

Unit IV

Glimpses of History of Money

Pretext Tasks

I.Vocabulary list:

  1. glimpse (glimpse of history) быстрый взгляд (немного об истории)

  2. commodity предмет потребления

  3. cattle крупный рогатый скот

  4. fur мех

  5. shell ракушка

  6. to underline подчёркивать, выделять

  7. fairly довольно

  8. durable надёжный, длительного пользования

  9. above- mentioned вышеуказанный

  10. quality качество, свойство

  11. to supersede замещать

  12. precious (precious metal) драгоценный (драгоценный металл)

  13. to weigh (to weigh out; weight) нагружать (взвешивать;вес)

  14. piece (to cut into pieces) кусок (резать на куски)

  15. receipt квитанция, расписка

  16. goldsmith ювелир

  17. existence существование

to come into existence возникнуть, появиться

  1. worth цена, стоимость

  2. value (face value) стоимость, ценность

  3. token (token coin) знак, символ (разменная монета)

  4. leather кожа

  5. payment оплата, платёж

  6. silver серебро

  7. gold золото

  8. to serve as smth./smb. служить как что-л./кто-л.

  9. legal tender законная плата


II. Give the Russian equivalents to the following words and word combinations:
different periods of time, commodity, cattle, leather, tobacco, fairly durable, were superseded by silver, abovementioned, quality, payment, token coins, bronze and copper, came into use, legal tender, small denomination, banknote, face value, were issued, paper money, limited value, cupronickel
III. Guess the meaning of the following international words:

period, tobacco, expert, portable, effectively, metal, stage, form, receipt, bank, banker, banknote, denomination, bronze.

IV. Match a word from A column with a word from B column to make a word combination.

A B

1 different 1 banknotes

2 paper 2 denomination coins

3 receipts became 3 coins

4 token 4 money

5 bigger 5 commodities
V. Glimpses of History of Money

Read and translate the text
Find the answers in the text:

1 What commodities served as money in the past?

2 How did coins come into use?

3 How did paper banknotes come into existence?
At different periods of time and in different parts of the world many different commodities have served as money. These commodities were: cattle, sheep, furs, leather, fish, tobacco, tea, salt, shells, etc. The experts underline that to serve effectively as money, a commodity should be fairly durable, easily divisible, and portable. None of the abovementioned commodities possessed all these qualities, and in time they were superseded by precious metals.

First they were superseded by silver and later by gold.

When a payment was made the metal was first weighed out. The next stage was the cutting of the metal into pieces of definite weight and so coins came into use.

Paper money first came into use in the form of receipts given by goldsmiths in exchange for deposits of silver and gold coins. After goldsmiths became bankers their receipts became banknotes. That`s how the first banknotes came into existence. At first coins were worth their face value as metal. But later token coinsof limited value as legal tender were issued. Now smaller denomination coins are made from bronze and are often referred to as coppers. Bigger denomination coins are made from cupronickel and are usually called silver.

After text exercises
VI. Complete the following sentences according to the text:
1. At different periods of time and in different parts of the world…

a) only tobacco, tea and salt served as money

b) many different commodities have served as money
2. The experts underline that to serve effectively as money…

a) a commodity must be made of precious metals

b) a commodity should be fairly durable, easily divisible and portable
3. When a payment was made the metals was…

a) first weighed out

b) a piece of metal
4. After goldsmiths became bankers their receipts…

a) became commodity

b) became banknotes
5. Bigger denomination coins are made from cupronickel and are…

a) usually called metals

b) usually called silver
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