Иностранный язык (английский) – страница 10




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Apart from lending and borrowing, the banks also 1_______ some other functions of minor importance. For example, many 2_______ maintain safe deposit vaults. If you hired a vault on an annual 3_______ of a certain rent, you could keep your valuable articles there under lock and key. The bank also performs some 4_______ like acting as a trustee, or as a custodian of property belonging to a minor and so on. It charges a small fee for rendering these services.


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There are two official languages in Canada – English, which is the language of about 60% of the population, and …




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I wash _______ and clean my teeth in the morning and in the evening.

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The banks in their 1_______ form gradually evolved in England, where the 2_______ men used to deposit their cash and other valuables with the goldsmith for safe custody. These goldsmiths learnt out of experience, that out of the total deposits, hardly more than ten per cent were withdrawn by the depositor on any day. Therefore, if they had kept about ten per cent reserve cash to meet the 3_______ from the depositors, they would have loaned the remaining amounts to borrowers earning interest out of these loans. This gradually became a regular practice and they started paying a small interest to depositors to 4_______ more deposits. Out of this system the modern institution of Banking developed.

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Why do money market funds use the resources of their investors?
Money market funds use the resources of their investors to buy money-market certificates. Money-market funds generally pay a higher rate of return than savings and NOW accounts. Unlike other accounts at savings institutions, money-market fund accounts are not insured nor do they provide check-writing privileges.