An Advanced English Course in Communication Practice. Part II

1. bonds

a) change money, stocks, or units in which a quantity is expressed into others of a different kind

2. circulation

b) the face value of a banknote, coin, or postage stamp

3. convert

c) a certificate issued by a government or a public company promising to repay borrowed money at a fixed rate of interest at a specified time

4. debt

d) the movement, exchange, or availability of money in a country

5. denomination

e) a sum of money that is owed or due

6. face value

f) the way a central bank controls the amount of money in the economy at a particular time

7. interest rate

j) the value printed or depicted on a coin, banknote, postage stamp, ticket, etc., especially when less than the actual value

8. monetary policy

h) profit made by a government by issuing currency, especially the difference between the face value of coins and their production costs

9. seigniorage

i) the crime of falsely and fraudulently making or altering a document

10. forgery

j) the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding

11. substitutes

k) move from one place to another

12. tax evasion

l) arrangements such as сhecks and money orders which do not perform as legal tender

13. transaction

m) the illegal non-payment or underpayment of tax

14. transfer

n) to take money out of a bank account

15. withdraw

o) an instance of buying or selling something