商业银行管彼得S.罗斯英文原书第8版 英语试题库Chap001.doc

Chapter 1 An Overview of the Changing Financial-Services Sector Fill in the Blank Questions 1. _______________________ is a traditional service provided by banks in which the banks store the valuables of their customers and certify their true value. Answer: Safekeeping of valuables 2. The fact that financial institutions make loans based on confidential information is the _______________________ theory of banking. Answer: delegated monitoring 3. _______________________ refers to when a financial institution trades one form of currency for another. An example of this would be when the bank trades dollars for yen for a fee. Answer: currency exchange A(n) _______________________ is a traditional service which permits a depositor to write a draft （汇票）in payment for goods and services. Answer: demand deposit (checking account) 5. _______________________ is a service provided by banks where the bank lends money to individuals for the purchase of durable and other goods. Answer: Consumer lending 6. The _______________________ of a bank is a traditional service where the bank manages the financial affairs and property of individuals (and in some cases businesses). Answer: trust services  7. Companies such as Merrill Lynch and Sears which offered some but not all banking services in the 1980s were called _______________________. Answer: nonbank banks 8. The loosening of government regulation and control of financial institutions is called _______________________. Answer: deregulation 9. ___________________________ is an alternative to lending in which the financial institution purchases the equipment and rents it to its customers. Answer: Equipment leasing services 10. The___________________________ is a landmark act which allows financial service providers to offer an expanded menu of financial services for the customer. This law allows banks to truly become conglomerate financial se