Ex. 3. Translate the following sentences from English into Russian



1. Insurance is a financial protection against an event which may happen. 2. A large part of the agent’s earnings comes from his commission from sales. 3. Income tax is arranged in such a way, that the poorest people pay nothing, and the percentage of tax grows greater as the tax payer’s income grows. 4. The government is offering special tax incentives to people wanting to start up small business. 5. The Production manager plans to introduce an incentive scheme, which means more pay for more productivity. 6. This giant machine can load up a 100-ton truck every 5 minutes. 7. This freight must be carefully handled when loading. 8. Before exporting your products you have to arrange who is paying for freight. 9. «Loan-sharks» is an informal word meaning a person or small business that lends money at extremely high interest rates to people who do not always have the full protection of the law. 10. If you require the goods urgently, we will arrange for them to be sent by air but this will, of course, mean higher freight rates.

 

Ex. 4. Choose the required word and translate the sentences.

1. Unfortunately the stolen car wasn’t (damaged, protected, insured). 2. He worked very hard all summer but he quickly spent all his (earnings, loans, costs). 3. (Charges, earnings, taxes) are payment made by people and businesses to the central or local governments. 4. With prices so low, farmers have little (protection, terms, incentives) to increase production. 5. Two men were (loading, arranging, damaging) a truck with boxes of melons. 6. One of the services of the commercial banks is to offer (insurance, loans, arrangements) to borrowers. 7. Packaging (taxation, charges, damages) can be reduced by using lightweight cartoon boxes. 8. With the increases in (freight rates, taxes, customs duties) our products will be more expensive.          9. (Damage, protection, insurance) of the environment is the only way for the world to survive. 10. I have an (earning, insurance, arrangement) by which I can cash my cheques at any bank anywhere in Europe.

 

Ex. 5. Fill in the blanks with missing words giving below and translate the sentences.

1. There are different kinds of ...: income..., corporation ..., inheritance ..., motor vehicle ... and others. 2. The German ... is among the strongest in the world. 3. These old Citroens are very ..., I have had no trouble with mine. 4. Bonuses of the workers will ... on the length of service with the company. 5. I’ll ... with somebody to meet you at the airport. 6. A bank manager won’t ... you money to start a company if you don’t have some kind of business plan. 7. The ... company have said that they’ll pay for any .... . 8. The equipment was ... into boxes and ... into the truck. 9. With Americans, the most common way of making ... is by credit card, the major ones are Visa, American Express and Master Card. 10. Determining a price is a hard job. You can not charge a price which is too high because nobody will buy your product and you can not charge a price which is too low because you will suffer... and get out of business.

insurance, lend, currency, reliable, damage, loaded, tax, depend, packed, payment, arrange, losses.

 

Ex. 8. Make up sentences using components from A and B parts. Begin your sentences with One can ... . Answer the questions given below.

Part A

1) earn money; 2) spend money; 3) save money; 4) make money; 5) loan money; 6) borrow money; 7) lend money; 8) owe money; 9) accumulate money; 10) donate money; 11) raise money; 12) pay money; 13) invest money in; 14) waste money; 15) charge money

Part B

a) that is to get money as salary or wages; b) when one buys something as a customer;      c) when one wants to buy something expensive or when one lives economically; d) and then he grows rich, acquires wealth; e) that is to give money at an interest in a bank; f) that is to take money with a promise to pay it back in future; g) that is to give it to somebody for a period of time; h) that is borrowing money one becomes a debtor and owes it to the lender; i) that is to store up a large amount of money; j) that is to give it to a good course; k) that is to collect it in somebody’s favour; l) that is to give it to someone in exchange for services or goods; m) that is to put money into shares (business); n) that is to spend it on something which is not worth it; o) for goods and services.

1. What do you do with your money more often? Regularly? Never?

2. What would you like to do with your money if you had more than the barest minimum? Much of it?

3. What is the wisest way to deal with money?


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