一.名词解释
1.mutual funds 互助基金（投资公司）
2.the law of large numbers 大数法则
3.manhattan （美）曼哈顿（纽约市中心区）
4.federal funds (美)联邦基金
5.treasury bill （美）短期国库卷
6.open market transactions 公开市场交易
7.letter of credit 信用证
8.sight draft 汇票
9.bill of lading 海运提单
二、选择填空（记得括号里的单词拼写）
1.Now I am clear about how the bank d eals with the saver’s (deposit ed 存款) money.
2.Our company (acquired获得) that piece of land by purchase.
3.It was the (yield产量)that encouraged Mr.Smith to buy that bond.
4.Adam Smith’s concept of “invisible hand ” can be (applied to把应用于) modern ecnomy.
5.The primary function of money is to (facilitate促进) exchange.
6.(A variety of多种多样的) more specialized banks, together with the Bank of England, make up the structure of British banking.
7.The money market (is characterized by 特点是) its physical invisibility.
8.Financial futures markets are important(is than即) they provide inancial market particial to protect thenseleves against changes in interest rates.
9.The shipping documents submitted may be rejected for not (conforming to 使一致) the terms of the terms of the credit.
10.The sales contract (specifies指定) container shipment for the goods.
11.The economist (sets out 规定) hie ideas clearly in his article that the central bank should carry out a losse monetary policy.
12.Fortunately our company (has obtained获得 ) a loan for the project from the local government.
13.Because top managers are important (assets资产 ) to a firm ,the corporation can purchase key executive insurance.
14.”ALL risks”type coverage (protects) you (against 保护…免于…) all risks or perils that may cause loss to the covered property.
15.The marine insurance (is associated with 相关) the risks such as fire,stom,collision,pilferage,ledkage and explosions,ect.
三.根据给出的中文填空
1.（It’s apparent that ）显而易见，interest rate movements closely follow the business cycle.
2.Financial intermediaries refer to a group of institutions, (some of which are )其中有commercial banks,mutual savings banks and savings and loan associations.
3.The major dealers and brokers (are tied to each other )相互联系by various communication devices.
4.What is a financial market? It is a place (where financial transactions take pplace)金融交易发生。
5.It is the issuing bank that (is obligated to make the payment to the exporter)要负责象出口商付款 when proper ducuments are presented.
6.International collection can be clean or documentary and banks as agents (in either situation)在这两种情况下。
7.They (paied 50 dollars in advance) 预先支付50美元and made reservations at a hotel.
8.Among allkinds of insurance ,(automobile insurance is one of more recent insurance)汽车保险是最近车险的保险。
9.Nowadays,people purchase(more health insurance than other insurance ) 健康保险多余其他保险。
10.In france,(only slightly more than 30% insurance companies)只有30%多一点的保险公司 were nationalized in 1945.
四.翻译
1.没有金融中介行为，金融中介机构就无法存在。
Financial intermediaries could not exist without intermediation.
2.所有的存款人在同一时间提取资金是极不可能的。
It is highly improbable that all depositors will withdraw funds at the same time.
3.货币市场包括了一系列的市场，每个市场交易的是一种完全不同的金融工具。
The money market consists of a collection of markets,each trading a distinctly different financial instrument.
4.可以理解的是，交易人要以最高价卖出而以最低价买进。
It is understandable that the traders will sell at the highest price and buy at the lowest.
5.通过买保险，投保人降低了承受潜在损失的风险。
By purchasing the insurance,the insured reduces exposure to potential losses.
6.在大多数保险系统内，遭受损失的只是其中的一小部分。
In most insurance systerms,onll small percentages of those insued suffer losses.。