填空题用下面的词汇填空 risks, savings, financial, funds, deposits, heart, complex, subject, appear,repay, as, lose, reserve, returns, balance Banks are crucial to a country's economy; they serve as the center point of the exchange of money throughout the economy. They gather{{U}} (1) {{/U}}from small and large depositors, make loans, run the payments system, and coordinate{{U}} (2) {{/U}}transactions. In developing countries, they usually are the {{U}} (3) {{/U}}of the financial market and in industrial countries with{{U}} (4) {{/U}}financial markets they still have a role as primary providers of financial services. It is difficult for the layman to know if a bank is financially solid. Banks may{{U}} (5) {{/U}}more solid than they really are. A bank that has loaned money to a borrower who is unable to{{U}} (6) {{/U}}may keep the bad loan on its{{U}} (7) {{/U}}sheet us long as possible, though the loan might never be paid back. Moreover, bank{{U}} (8) {{/U}}are also somewhat precarious. A bank normally cannot refuse to accept deposits, but if, for whatever reason, its depositors{{U}} (9) {{/U}}confidence in the bank's soundness, they may withdraw their{{U}} (10) {{/U}}not only from that bank but also from other perfectly sound banks. In seeking profits, banks lend on the basis of their customers' deposits, but not all deposits can be lent out. A certain share must be held in{{U}} (11) {{/U}}. Competing institutions providing financial services are in a different situation since they are usually not{{U}} (12) {{/U}}to reserve and prudential requirements. Firms selling equities do not promise fixed{{U}} (13) {{/U}}and neither equities nor bonds are payable on demand,{{U}} (14) {{/U}}are most bank deposits. Because of the pivotal role of banks and their vulnerability to unusual{{U}} (15) {{/U}}, there seem to be good reasons to protect deposits through an appropriate insurance scheme and, in this way, to protect both the bank and the banking system.

填空题The limit on the deposit insurance coverage also serves to maximize moral hazard on the part of the depositors.

填空题Commercial banks in China today have broadened their scope of business to include deposit taking, international settlement, financial consulting, and private banking.

填空题From the bank supervisor's perspective, the most attractive approach is to try to encourage the assisted merger of the failing bank into a sound institution.

填空题Who are the holders of bills of exchange, list two of them.

填空题 Required, honour, dispatched, resulted, received, irrevocable, release, declared, prepared, handed Goods should not be {{U}}(21) {{/U}} direct to address of a bank or consigned to a bank without prior agreement on the part of that bank. In the event of goods being dispatched direct to the address of a bank or consigned to a bank for delivery to a drawee against payment or acceptance or upon other terms without prior agreement on the part of that bank, the bank has no obligation to take delivery of the goods, which remain at the risk and responsibility of the party dispatching the goods. In practice, great careis {{U}}(22) {{/U}} when goods ale consigned to the bank as large losses have {{U}}(23) {{/U}} from incorrect procedures being followed. Quite often, goods consigned to the bank will arrive by air before the supporting documents have been {{U}}(24) {{/U}}. At this stage we will have little indication of the value of the collection other than the {{U}}(25) {{/U}} value of the goods for customs purposes. It is therefore important that a letter of {{U}}(26) {{/U}} is only {{U}}(27) {{/U}} to the drawee who is undoubted and is {{U}}(28) {{/U}} to sign an {{U}}(29) {{/U}} undertaking to {{U}}(30) {{/U}} the documents upon presentation regardless of the terms of those documents.

填空题What is The Purpose of Holding Foreign Reserve?

填空题What does illegal contract mean?

填空题 trade, above, expiration, respond, strike, profitable, seller, how, most, financial In general, an option gives to the buyer the right, but not the obligation, to buy or sell a good, whereas the option seller must {{U}}(21) {{/U}} accordingly. Many different types of option contracts exist in the {{U}}(22) {{/U}} world. The two major types of contracts {{U}}(23) {{/U}} on organized options exchanges are calls and puts. A call gives to the buyer of the option contract the right to buy a specified number of units of an underlying asset, at a specified price called the exercise or {{U}}(24) {{/U}} price, on or before a specified date called the expiration date or strike date. A put gives its the buyer the right to sell a specified number of units of an underlying asset at a specified price on or before a specified date. In all cases the {{U}}(25) {{/U}} of the option contract, the writer, is subordinate to the decision of the buyer, and the buyer exercises the option only if it is {{U}}(26) {{/U}} to him or her. The buyer of a call benefits if the price of the asset is {{U}}(27) {{/U}} the exercise price at expiration. The buyer of a put benefits if the asset price is below the exercise price at expiration. The complete definition of an option must clearly specify {{U}}(28) {{/U}} the option can be exercised. A European - type option can only be exercised on a specified date, usually the {{U}}(29) {{/U}} date. An American -type option can only be exercised by the buyer at any time until the expiration date. American options are used on {{U}}(30) {{/U}} of the organized options exchanges in the world. Both types of options can be freely traded at any time until expiration.

填空题The banking organizations are not so highly geared as the industrial companies.

填空题A bill is made payable to "'"order", what kind of bill of exchange is it?

填空题The commercial bank is subject to the risk-based capital guidelines issued by central bank or monetary authority according to the Basle Accord.

填空题Required, honour, dispatched, resulted, received, irrevocable, release, declared, prepared, handed Goods should not be (21) direct to address of a bank or consigned to a bank without prior agreement on the part of that bank. In the event of goods being dispatched direct to the address of a bank or consigned to a bank for delivery to a drawee against payment or acceptance or upon other terms without prior agreement on the part of that bank, the bank has no obligation to take delivery of the goods, which remain at the risk and responsibility of the party dispatching the goods. In practice, great careis (22) when goods ale consigned to the bank as large losses have (23) from incorrect procedures being followed. Quite often, goods consigned to the bank will arrive by air before the supporting documents have been (24) . At this stage we will have little indication of the value of the collection other than the (25) value of the goods for customs purposes. It is therefore important that a letter of (26) is only (27) to the drawee who is undoubted and is (28) to sign an (29) undertaking to (30) the documents upon presentation regardless of the terms of those documents.

填空题Name 2 equitable remedies at time of breach of contract by one party.

填空题The increase of the presence of foreign banks in China is likely to introduce new products and expertise.

填空题Define consideration.

填空题What type of indorsement is the following? "Pay Mary Wang on her marriage to Jack Chan Signed: George Lee"

填空题Is "trespass" a crime or a tort?

填空题How does the inflation affect Wealth and Redistribution of Income?

填空题accept , discount, against, dishonoured, attached , hypothecation, credit, draw, ownership, amount When a Letter of Credit has been confirmed, the agent bank in the seller's country usually asks for the shipping documents, and often corite to the seller to say that they are willing to (21) a draft on them for the (22) . This draft (another name for Bill of Exchange) is often (23) to the shipping documents and is called a Documentary Bill of Exchange. Banks often state that the seller can (24) on them for the amount of the Credit. A buyer or his bank may ask the seller if he is willing to allow them a period of 30, 60, or 90 days to pay. They may write. "can you present your drafts for 60 d/s?" this is a form of (25) and allows the buyer time to pay. The agent bank will normally accept a draft (26) documents, because they need them to make sure that the title to (27) has been transferred. Some times the bank demands a letter of (28) so that they have the right to sell the goods if the Bill of Exchange is (29) , that is, if the buyer or his bank do not pay. This does not apply to irrevocable documentary credit. However, the bank can (30) the Bill of Exchange by deducting the interest for the period the draft has to go before maturity.