Banking,baddebtbankaccountbankcardbankchargebankclerksbankerbankholidaybankloanbankmanagerbanknote,bankstatementbanktellerbanktransferblankchequebounce(cheque)cashdispensercashcardcashpointcentralbankchequecardcreditcard,Banking,crossedchequecurrentaccountdebit(n,v)depositaccountdirectdebitexternalforeignexchangecurrencyoverdrawnpayable,payeepayerpaying-inslipsavingsaccountserialnumberstandingordertransfer(n,v)travellerschequewithdrawal,Centralbank,Anationsprincipalmonetaryauthority,suchastheFederalReserveBank,whichregulatesthemoneysupplyandcredit,issuescurrency,andmanagestherateofexchange.,regulating,thesizeofanationsmoneysupplytheavailabilityandcostofcredittheforeignexchangevalueofitscurrencyissuingnotestobeusedaslegaltendersupervisingtheoperationsofthecommercialbankingsystemimplementingmonetarypolicy,issuingnotestobeusedaslegaltendersupervisingtheoperationsofthecommercialbankingsystemimplementingmonetarypolicy,Centralbanksactasthefiscalagentofthegovernment,Byincreasingordecreasingthesupplyofmoneyandcredit,theyaffectinterestrates,therebyinfluencingtheeconomy.,picture,verbtoimaginesomethingbymakinganimageinyourmindTom,picturingthescene,smiled.Picturethescene-thecrowdsofpeopleandanimals,thenoise,thedirt.,shuttle,aplane,bus,ortrainthatmakesregularshortjourneysbetweentwoplacesHetooktheWashington-NewYorkshuttle.AshuttlebusoperatestoandfromthebeachofSanBenedetto.Theresashuttleservicefromthecitycentertotheairport.,enroute,onthewayenroutefrom/toaflightenroutefromTokyotoSydneyenroutefor(BrE)WestayedthereenrouteforLondon.Whydontwestopforlunchenroute?,cheque/check,aprintedformthatyouusetopayforsomethinginsteadofusingmoney,withtheamountinwordsandnumbers,thedate,thepersonbeingpaid,andthesignatureofyournameachequefor200paybychequecashthecheque(=exchangeditforcash)stopthecheque(=tellthebanknottopayit).bankcheque=bankerschequepersonalchequeblankcheque,fingertip,theendofyourfinger,thatisfurthestawayfromyourhandShetouchedhischeekgentlywithherfingertips.havesomethingatyour/theirfingertipstohaveknowledgeorinformationreadyandavailabletouseveryeasilyWehaveallthefactsandfiguresatourfingertips.tohis/herfingertipsBritishEnglishinallways;completelyShesBritishtoherfingertips.,financialposition,situationThecompanyisinabadfinancialpositionbecauseofoverproductionanddistributionproblems.,Netposition,Thevalueofthepositionsubtractingtheinitialcostofsettinguptheposition.Forexample,if100optionswherepurchasedfor$1eachandtheoptioniscurrentlytradingfor$9,thevalueofthenetpositionis$900-$100=$800,position,thesituationthatapersonororganizationisin,orthesituationconcerningaparticularsubjectThecompanyisinastrongfinancialposition,withmorethan$7millionincashandnoshort-termdebt.Theinvestmentwouldweakenthecompanyscompetitiveposition.Thenewlegislationputstheunionsinadifficultposition.Whatsthepresentpositionwithregardtoimportrestrictions?cashposition:theamountofcashthatacompanyhasavailableataparticulartimeThecompanyscashpositionfromtradingactivitiesappearstobehealthy.,Net,netamount:thefinalamountthatremainsafteralltheotheramountshavebeentakenawaynetprofit(aftertaxes,costsetc).netweight(theweightofsomethingwithoutitscontainer)Thecompanyreportedanetlossof$56millionlastyear.Vernonestimatesthecompanysnetworthatover$8billion.TheUnitedStatesisanetimporterofbeef.,net,netresult/effectthefinalresultoreffectofsomethingThenetresultwillbehighercoststotheconsumer.adverbHeearns$40,000net.jarsofcoffeeweighing450gramsnet.,accessverb,tofindinformation,especiallyonacomputerThesoftwareenableseachclienttoaccessdatafromotherdatabases.tobeabletousesomethingManycustomersnowaccesstheiraccountsusingtheinternet.,sterling,thesystemofmoneyinBritain,basedonthepoundSterlingwastradingat$1.6490,upfrom$1.6470.Hissalaryispaidinpoundssterling.,BACS,BanksAutomatedClearingSystemidealformakingregularautomatedpaymentstorepeatcustomershelpingthosemakingmorethan150monthlypaymentstomanagecashflowreducingthelikelihoodofhumanerror.,TheadvantagesofBACS,RegularautomatedpaymentsReducestimeandcostofadministeringbulkpaymentsHelpsmanagecashflowandimprovefinancialcontrolReducesriskofloss,latepaymentandtheftforcustomersAttheenterpriselevel,BACScanbeintegratedwithane-commerceb2bpurchasingsystemtoallowautomatedsettlementofaccountsbetweenorganizations.AstheBACSprocessiselectronic,itremovestheneedtowritecheques,whichcanbeacostlyprocess,subjecttohumanerror.Paymentscanbemademuchlaterinabusinessday,upto9pmandareclearedwithintwobusinessdaystoanybankaccount.,CHAPS,anelectronicbank-to-banksame-dayvaluepaymentmadewithintheUKineithersterlingoreuro.fast,secureandefficientandthemoneytransferredthesameday.irrevocable.oneofthelargestreal-timegrosssettlement(RTGS)systemsintheworld.forbusiness-to-businesspayments;totransferthepurchasepriceofahousebetweenthebankaccountsofthoseinvolved;byindividualsbuyingorsellingahigh-valueitem,suchasacar,whoneedasecure,urgent,same-dayguaranteedpayment.,standingorder,BritishEnglishanarrangementbywhichabankpaysafixedamountofmoneyfromyouraccounteverymonth,yearetcalsodirectdebitaninstructionyougiveyourbanktopaymoneydirectlyoutofyouraccountregularlytoaparticularpersonororganization,cost-effectiveness,bringingthebestpossibleprofitsoradvantagesforthelowestpossiblecostscosteffectivewayofdoingsomethingthemostcost-effectivewayofreducingcarbondioxideemissionsTheprocedureisquick,easytouseandcosteffective.,built-in,formingapartofsomethingthatcannotbeseparatedfromitabuilt-inmicrophoneinbuilt(BrE)aninbuiltquality,featureetcispartofthenatureofsomeoneorsomethingplantswithinbuiltresistancetodiseaseHistoryhasaninbuilttendencytorepeatitself.,kepttoaminimum,keepsomethingtosomethingtopreventanamount,degree,orlevelfrombecominghigherthanitshouldkeep/reducesomethingtoaminimumCostsmustbekepttoaminimum.Shehadreducedherconsumptionoffatandsugartoanabsoluteminimum.,designate,tochoosesomeoneorsomethingforaparticularjoborpurposeMrTimmerhasbeendesignatedtosucceedMrvanderKlugt.Thegovernmentdesignatedtheaircraftindustryasastrategicsector.bedesignatedsomethingdesignatesomethingas/forsomethingFundsweredesignatedforprojectsinlow-incomeareas.designatesomebodytodosomethingShehasbeendesignatedtotakeoverthepositionoftreasurer.,dovetail,tofittogetherperfectlyortomaketwoplans,ideasetcfittogetherperfectlydovetailwithMyvacationplansdovetailnicelywithJoyces.tojointwopiecesofwoodbymeansofdovetailjointsatypeofjointfasteningtwopiecesofwoodtogether,theSageGroup,NewCastle,UKoneoftheworldslargestprovidersofaccountingandpayrollsoftwareforsmallandmidsizedbusinesses,designsitssoftwaretosuitthespecificaccountinglawsandpracticesindifferentcountries.offeringsoftwareapplicationsforfinancialplanning,billing,contactmanagement,e-commerce,customerrelationshipmanagement(CRM),vidingavarietyofservicessuchasconsulting,support,maintenance,andtraining.,template,athinsheetofplasticormetalinaspecialshapeorpattern,usedtohelpcutothermaterialsinasimilarshape(technical)acomputerdocumentcontainingsomebasicinformationthatyouuseasamodelforwritingotherdocuments,suchasbusinessletters,envelopesetcwrittensomethingthatisusedasamodelforanotherthing,beneficiary,someonewhogetsadvantagesfromanactionorchangeTherichwerethemainbeneficiariesofthetaxcuts.someonewhoreceivesmoneyorpropertyfromsomeoneelsewhohasdiedHewasthechiefbeneficiaryofhisfatherswill.,Vocabulary1,Across1.DIRECTDEBITS6.NET9.WAGES10.ROUTINE12.COST18.FIT20.FOREIGNCURRENCY,Vocabulary