51430737 Finance and Banking

8/7/2019 51430737 Finance and Banking

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Designed by Lang Thi Thu TrangClass : BE49B

FINANCE & BANKING

STT New words Meaning

AAbolition s bi b, hu b : abolishAcceptances for csts -Khon KH phi tr cho NH (khi ghi trong asset)

-Khon NH phi tr cho KH (khi ghi trg Liabilities)Acquisite Thn tnh ton b : buying of all shares of

companiesAcute (a) Trm trong, cp tnhAcute shortage of FX Thiu ngoi t trm trngAdvance to subsidiaries/

branches

Khon tin ng trc cho cc chi nhnh

Affiliate to (a) Lin ktAforesaid (a/n) iu c ni n trc y['f:seid]After-sales service/ postservice

Dch v hu mi

Agenda List of business to be discussedAmendment AdjustmentAnnual = Yearly (annum = year)Annual fee Ph hng nm: a typical charge for being a bank

customerAnnual report Bo co nmAlliance(n) Lin minh ; to be allied withAllied bank NH lin minh(Prior) approval S chp thun trc

Arbitrage[,:bi'tr:]

KD c-bt: KD chnhlch v t gi

NV c-bt :nghip v mua ngoi t th trngny nhng bn th trng khc nh chnh lch tgi khc nhau-> t c li nhun. (s bun bnchng khon)

Arbitrageur Ngi KD c-btArrears['ris] Debts are overdue or Moneyowing and overdue: N

qu hnArrive at st Reach st: t c ci gAt sight (Payable) immediatelyAudit Periodic examination of financial recordsAuthorise U quyn (cho ai lm g)


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B

Back-up Hu thunBacklog A lot of work that is late, still waiting to be done :

tr tr , nh nBail (v) Bo lnhBalance -S d : ex: Credit~ : S d c >


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Bond document promising to pay a some of money atspecified time

Bounce(v) Not paid : ko dc chi tr (-)Bridging loan Cho vay bc cu

Brief overview A short report of the main point / a very shortgeneral description

Budget Government plans for future national income andspending.

(Tough) budget Ngn sch eo hpBullion Vng thi/nnBullion market Market dealing with bars of gold and silver

CCall option Buy option >


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Compensate Make you a suitable payment for lossComplied with (a) Tun theoConciliate (v) Ho gii(In) conformity (with) Tun th theo

Convertibility Kh nng i d dng cc loi ngoi tConglomerate Tp on, t hp doanh nghip(10th)Consecutive year Nm th 10 lin tip

Consensus S ng lng, nht trConservatism Tnh bo th (vd: accounting ~ )Consolidated TotalControllers department Phng kim sot ti chnh, phng k ton =

comptrollers department

Corner (v/n)+ in Lng on

Correspondent bank Banks in other countries with whom we have anagency relationshipCorrespondent banking Nghip v ngn hng i l : Activities where one

bank acts as an agent for another bank.Correspondent

relationship

An agency arrangement with each other

Cost price Ga vn/ thnh/ bnCountergoods Hng i hngCounter price Same price: gi ng hng

Countervalue Ga tr i luvd: khon tin m KH ang n trg TK ca NH khisd DV ca NH m cha tr

Cover forward D phng ri ro: to buy currency in advance toprotect the change in exchange

Covering shipment Chuyn hngCredit policy Chnh sch tn dng : Plans for the lending of

moneyCredit standing Credit rating/ creditworthiness : Mc tn nhimCreditors(GB) Account payable (US) : ch nCurb Control, keep within fixed limits: kim ch, nn li(International/key/major

) currencies

Tin c sd chnh v c t nht 5 nc sd

Currency option Hp ng la chn tinCurrent account(GB) Checking account (US) :TK vng laiCurrent deposit Tin gi ko k hn


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Current money Tin ang lu hnhCurrent price Gi hin hnh/ thi giCurrent rate T gi hin hnhCustodian services Dch v trng gi ti sn. vd: Thu S

(Diverse) customerbase/network

A large number of different types of customers

DDeal Business transactionDebenture Zero-interest bonds : giy n, tri khon cng tyDebenture loan Cho vay tin di hnh thc tri phiu: Loan of

money at a fixed rate of interest , involving acertificate of the debt

Debit Deduct: Tr vo/ ghi n( vo TK)

Debtor(GB) Accounts receivable (US) : Ngi mc nDefault Makr mistakesDeferred taxation Thu tr sau (cha tr)Delay Lateness in something happeningDelegate (v) Assign : phn cng, u nhimDepend on/ rely on/ to

be subjected to

Ph thuc vo

Deposit Tin gi NH (k thc NH) :the sum of money left

with the bankDeposit account(GB) Time or notice account (US) : TK tin giDeposit book S gi tinDepreciation Khu hao/ khu hao ti sn thuDepreciation on leasedassets

The decline in value of property which is hired

Depression S nh trDeregulate Bi b quy nhDirect debit Ghi n trc tip :standing debit /banks orderDiscount rate T gi chit khuDiverge (dai'v:d) Phn k, rDivestment The selling-off of interest: gim u tDividend C tc, li nhun tr cho c ng : The part of the

companys profits which is paid to shareholdersDocumentary credit Th tn dngDocumentary collections B thu chng t, ton b giy t


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Done I agree we have just made dealDouble option/

Put and call option

Quyn chn mua hoc bn

Draft= Bill of exchange Hi phiu

Due LateDue from banks Khon tin phi tr t cc NH khcDurable goods Goods which are intended to be used over the

period of time: Hng ho lu di.E

(Undistributed(ko cha) /

retained) earnings

Amount of money kept by the company and notpaid to shareholders.

Earnings profits after transfers to reservesEconomic Profitable

Economic indicators Figures dealing with economic activitiesEmulation and rewarddepartment

Ban thi ua khen thng

Equity - Ga tr ca cty, vn t c~ accounting: kt ton 1 phn li nhun ca cty

trc thuc vo s sch cty m- C phiu thng

(Stockholders ) equity Money received from the sale of the parts intowhich the capital of the company is divided.

Equity earnings Li nhun sau thuEquity finance ti tr di dng c phiuErratic Tht thngExchange swap Hon iExpedite(v) xc tin, thc y : make things go fasterExpenditure/cost Money spent on the running of the bank(Considerable) expertise A lot of experience, skill and know-how

Explore Look intoExposed to (a) D b ri voExposure Risk/ Posibility of lossEurocurrency Tin t chu u

Eurodollar CD CD: certificate of deposit : Document given for adeposit repayable on a fixed date, the currency

being dollars which are deposited outside the USA


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Exchange rate T gi hi oiExecutor Dch v thc hin theo di chc ca KH

FFactoring Bao thanh ton tng i

(The)Federal Reserve Cc d tr lin bangFee Charge made for service(CIF) fee cost-insurance-freight: ngi bn ko phi tr ph

vn chuyn hng m ngi mua phi chu(FOB) fee Free-on board: ngi bn chu, ngi mua ko phi

tr ph vn chuynFee generating activities Cc dch v trn gi : service for which charges can

be made.Financial futures Hp ng c k hn : Contracts to buy or sell

currencies, bonds and bills,etc at a stated price atsome future time(The) financial year1990

The fiscal 90

Firmer(a) HigherFixed deposit Tin gi c k hnFixed deposit by

installment

Tin gi k hn nh k

Fixed rate lending Lending money at an agreed interest rate for a fixedtime.

Fixed savings account TK tit kim c k hnFlat market = Thin market: Th trng m >< busy/ active mktFlat on the outstandingamount

Fixed without variation

Flat price Ga ng hng (vd: Lily, Tracy)Flat rate T gi ng hng, cng 1 t giFloating rate note Tin c t gi th ni: Note on which interest rates

are fixed periodically & which can be traded on themarket.

Footing Tng cngForeign currency risk/exposure

Ri ro ngoi hi

Foreign exchange office Money exchange= The bereax de exchange : phngmua bn ngoi hi, phng thu i ngoi t

Forex volume The volume of foreign exchange


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Forfeiting Bao thanh ton tuyt i >< FactoringFortnight 14 daysForward price Ga k hnFreehold properties TS c ton quyn s dng

Full set 1 b y G

General election Tng tuyn cGeneral situation Tnh trng chung(A) glut (of) S trn ngp hng ho

HHard-headed(a) Very realisticHard-mouthed(a) Kh kim chHard-nosed(a) Very tough

Hedge Ngn cchHigh Court of Justice To n ti cao ['dstis](The) holder Ngi hng quyn = the giver(ngi cc)

Honour (v) Thc hin tr ng n, tr n ng hnI

Income >< Expenditure Thu >< chi(Earned) income Khon thu nhp t chnh sc lao ng(Unearned )income Khon thu nhp t cc khon u t (vd: c tc)

Income tax Money paid to the government on income

In full Whole(Rocketing) inflation Lm pht cc cao

Installment Phn tr gp : regular part of payments of debtsInterest margin/

spread/differential

Chnh lch li sut

Interest rate Li sutIn the name of... Theo tn ca ngi giInterim S dn xp / khong thi gian tm thiIntervention S can thip

In turn Ln ltInventory Stock :hng tn kho

Invest portfolio

management

Qun l hng mc u t

Investment securities u t chng khonInvestment trust Qu u t (a company) : a limited company


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formed to invest in securitiesJ

Jurisdiction (clause) Law / legislation: (duris'dikn )L

Last resort Ngi cu cnh cui cngLeased assets TS cho thuLeasing package Cho thu trn gi

Lend/ Offer loan Cho n (vay)Lessee Ngi i thuLessor Ngi cho thuLetter of credit LC Documentary credit: th tn dng : make

international payment

- document- issued by the bank- guarantee that the seller will be paid

(Confirmed)LC Th tn dng xc nhLet alone(v) Ch ng ni g (+ v)Liabilities >< assests TS n >< TS c :Contingent/uncertain

liability

Khon n pht sinh

License Official permission in writing

Line Mc tn dng: A sum of money available to drawon.Line division Phng ban chuyn trchLiquidity Kh nng/tnh thanh khon (lg tin mt c sn)

Available cash, and how easily other assets can beturned into cash

List/ state/quote price Nim yt giLoan Khon cho vay : an account of money you lentLoan account TK cho vayLoan agreement Hip nh vay nLoan application n xin vay nLoan capital Vn cho vayLoan commitment Cam kt vay nLoan portfolio An entire collection of loanLoan recovery Thu hi nLook into Explore


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Lucrative ProfitableLucrative market Maket in which there are profits: th trng kim

li.M

Margin The percentage above the base rate that a borroweris asked to pay

Market capitalization - Tr gi vn c phn ca cty- Ga tr ca all s c phiu c nim yt th trgchng khon

Market rate interests Li sut theo t gi th trngMark-up S tng giMaturities K hn thanh ton, ngy o hn, o hnMechanics of what goes

on

Way in which things work

Merchant bank Investment bank : NH u t/ bn bun(at the) mercy of Di quyn caMerger The joining of 2 or more companies into 1Minority interests Quyn li ti thiu ca cc c ngMoney in vaults Tin trong khoMonopoly c quyn : Situation in which only one company

has the right to provide a service.Municipal / Governmentbonds

Tri phiu chnh ph/ a phng

NNet After costs and other deductions (khu tr)Net asset = assets - liabilitiesNet interest income Thu nhp li rng : the amount by which the total

interest received higher then the total interest paidduring the period.

Night safe (service) Dv trng gi TS qua mNominal value Ga tr thp nhtNominal earnings Thu nhp danh ngha

OObey/comply with (law) Tun theo (lut php)Obligation Tri phiuOffshore funds Money placed in countries with very low taxes :


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Qu hi ngoi (ng ti nc c mc thu thp),Vn nc ngoi

Open account M TKOpen account in the

name of...

M TK theo tn ca

Ougoings/ Expenses Amount of money spentOutlined proposals Prelimilary (beginning) main suggestionsOutright (a/adv) Mua t bn on : deal where you buy currency

and sell anotherOutstanding DebtOutstanding volume Total amount that is owedOverdraft Thu chi (Trng hp NH cho KH u i c quyn

rt tin vt qu s d c trn TK tin trn NH

Overdraft facility Tho thun rt qu s tinOverhaul Catch upOverheads(GB) Overhead (US) : chi ph chungOvernight rate The rate of interest charged for a loan at call from

one day to anotherP

Packing lists Thng tin v ng gi hng hoParities S ngang giPartial shipment Chuyn tng phn

Pay at sight Tr ngayPay in advance Tr trcPay in/by cash Tr bng tin mt

Pay by installment Tr gp/ ngayPayment situation Kh nng thanh tonPayer/payee Ngi tr tin/ ngi c tr tinPegged (a) n nhPip Thousands of percent : 1 imPreliminary BeginningPremium Ph

Premium for double

option

Tin cc mua hoc bn

Premium for the call Tin cc thunPremium for the put Tin cc nghchPremium on exchange Tin cc/ Ph trao i ngoi t


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Principal Gc ban uPriority categories Cc hng mc u t u tin(Agreed) price Ga tin hnh(Strike/exercise) price Ga thc tin

Profit Difference between income and outgoingsProfit>< lPromissory Ha hn nhiuProponent[pr'pounnt] (a) ngh, xut, xng

(n) ngi ngh, ngi xut, ngi xng(mt kin ngh...)

Proposed dividends Li tc c tnh s tr cho c ngProvision Khon d phngProvision for doubtful

debt

money put aside to cover possible credits losses

Public bodies Cty nh ncQ

Quadruplicate (n) 4 bn (in+~)- Triplicate : 3 bn- Duplicate: 2 bn

Quote(v/n) State at a selling price/ statement of priceR

Receivable(s) (n) Khon tin nhn c

Record earnings/ income Mc k lc/ doanh thu k lc : Our highest everprofits after transfers to reservesRecourse S i hi, yu cu, trng cyReimburse(v) Hon tr li

Reimbursement Khon tin cn nRemuneration Tin th lao [ri,mju:n'rein]Repeal(v) Hu b, bi b = abolishReschedule (v) Ra hn thmReserves Tin d tr

Retained earnings Thu nhp d liReto Thm voReturn (interest) Tr li tin (li)Return on investment u t quay vngRevenue Thu nhp, li tcEarnings or income : all the

money received by a company during a given periodReview Look at or examine again


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Revocable C th huy ngang : khng cn hi kin bn muahay bn bn >< long position (bought > sold)Shortfall S thm ht : an amount less than the required

amountSlip PhiuSolvency Kh nng chi tr: Ability to pay liabilities when

they become dueSovereign bonds Tri phiu chnh ph bn trn th trng quc t

vay tinSpeculate in (v) u cSpeculator Ngi u c/ ngi hay suy onSpell out (v) Explain clearlySpot Giao ngaySpot price Ga giao ngay : Price for funds which can be

exchanged two working days later.Spread Margin = Differential: khon chnh lch,Staff / labour cost Chi ph nhn cng (money involved in paying

employees)Standby(n) D phng


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Standing order Ghi n trc tip.Direct debit: an instruction to abank to pay fixed sums of money to certain ppl ororgs at stated time.

Sterling British pound

Stock broking Bun bn c phiuSubdued (a) Lm gim i = thinSubscribe to st Contribute (gp tin)Swap Exchange one currency for another for an agreed

periodSyndicated loan Khon vay lin ngn hng : The way in which

interest rates are easily influenced or affected.T

Take to task Criticize

Takeover Thc qun, m nhn: The buying of a majority ofthe share of companiesTailor-made (a) Very suitable, exact and fitTaxation S nh thu, tin thu thu c, h thng thuTerms Conditions of an agreementTelex Message sent by electronic machineTender S ngh: Written offer to supply goods or carry

out work at a stated priceThe exchange rate forUSD against VND

T gi USD v VND

Thorough appraisal Complete judementTrade finance Ti chnh KD(a) trade offensive A sustained effort to win overseas markets(Forward) transaction Giao dch k hn: p dng gi tr ti thi im hin

ti nhng tr tin sau(Spot) transaction Giao dch giao ngay: p dng gi tr ti thi im

hin ti v tr tin ngayTransfer to reserves Move over to funds put aside to covered unexpected

events.Treasury Ti chnhTreasury bill Tn phiu kho bc (ngn hn)Trends Movements or directionsTrickle down effect Hiu ng nh git (a theory the rich become richer

by investing in bizTrust fund An arrangement by which money and other assets


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are controlled for our advantage : Qu u thc.Turnover Doanh thu, kim ngch : the amount of biz done by a

company over a yearU

Underwrite bo hnh, bo mUnit trust n v u thc u t (not a company)USM floatation USM: unlisted securities market

Khai trng th trng chng khon cha nim yt(cha ln sn)

Usual terms Cc iu khon thng xuyn p dngUtilize Use

VValue date Validity: Ngy ht hn

WWholly-owned

subsidiary

A company entirely owned by another company

Will Di chc : TestamentWithdrawal slip Phiu rt tinWrite off (v) Xo s

K HIU VIT TT CA MT S LOI TIN TRN TH GII:Austrilia AUD c (la)Austria SCH A (Schilling)Belgian franc BEF BBritish pound GBP AnhCambodia CAR Campuchia (Riel)


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Canada CAD laChina CHY Trung Quc (Yuan)Denmark DKK an Mch (Krone)Dutch guilder NEG H Lan

European Currency Unit ECU n v tin t chu uFrance FAF Php (Franc)French franc FRE PhpGermany DEM c (Deutschemark)Great Britain GBP (Pound)Holland (The Netherlands) NLG H LanHongkong HOK laItalian lire ITL (liza)Japan JPY Nht (Yen)

Korea KOW (South)/NOW (North

Hn Quc/ Triu Tin (Won)

Laos LAK Lo (Kip)Malaysia MYR ringgit

Norway NOK Nauy (Krone)Russia RUB Nga (Ruble/ rouble)Spain ESP Ty Ban Nha (peseta)Swedish krona SEK Thu in (Krona)Swiss franc /Switzerland CHF Thu S

Thailand TAB bahtUS dollar

United State of America

USD M

Cc loi tin c s dung cc nc:

Country Currency

Brazil The real

European countries The euroIndia The rupeeJapan The yen

Mexico The pesoRussia The rouble


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Major/ Key/ International currencies: USD, ECU, JPY,CHF, CAD, HKD,SGD, GBD, AUD

-To be long in $: tha la

-To be short in $: thiu ng la

51430737 Finance and Banking

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Transcript of 51430737 Finance and Banking