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Banking vocabulary

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Banking vocabulary

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Banking vocabulary from this page:
https://onlineteachersuk.com/english-for-finance/#quiz

Created by

Elsa Nahomi Rivas Valencia
Elsa Nahomi Rivas Valencia
Mexico

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Banking vocabulary
 

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Banking vocabularyOnline version

Banking vocabulary from this page: https://onlineteachersuk.com/english-for-finance/#quiz

by Elsa Nahomi Rivas Valencia
1

a loan made by an investor to a company or government. The investor will receive interest from the borrower which is normally at a Fixed Income rate

2

means that the same rate of interest is paid every year.

  
  
3

a loan taken out to buy property or land. Are usually long term with periods of between 20 to 35 years.

4

is the amount originally lent or invested. An exact synonym in this context is capital.

5

is the extra amount paid on a loan (or mortgage or credit card) above the principal. Represents the profit of the bank making the loan.

6

When somebody is late paying a loan, they ‘go into ___' - Are the total amounts which are late being paid.

7

Means the total amount of money owed (debt).

  
  
8

Used by banks to monitor large loans they make to companies. They are calculations performed by the bank which control the actions of the borrowing companies.

  
  
9

Means to change the terms of a loan or contract in a dialogue with the customer.

10

means that there is no point asking to change it. The bank will not even listen!

 
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