第二章_money第二章_oneymoney.ppt

Financial English Lecture 2 Money Lecture：Shan Huang Email: mxwy422@.au Office: level 2,English staff room one American oil billionaire J. Paul Getty has a very famous saying, that is “ If you can actually count your money, then you are not really a rich man.” What is Money ? Currency 货币 Currency （包括硬币和纸币） is one type of money. When most people talk about money, they are talking about currency. check 支票 Because checks are also accepted as payment for purchases, checking account deposits are considered money as well. wealth 财富 The word money is frequently used to describe wealth. e.g. Joe is rich——he has a lot of money. It means that Joe not only has a lot of currency and a high balance in his checking account but also has stocks, bonds, four cars, three houses, and so on. Balance 帐户存款的余额 e.g. Could you tell me what my balance is please? What’s the difference between money and wealth? What’s the difference between money and wealth? Wealth includes not only money but also other assets such as bonds, common stock, art, land, furniture, cars, and houses. Income 收入 e.g. Susan has a good job and earns a lot of money. 收入是某一单位时间内收益的流量， 而货币是一个存量， 即某一时间点上一个特定的金额。 If someone tells you that he has an income of $1 000, you can not tell whether he earned a lot or a little without knowing whether this $1 000 is earned per year, per month, or even per day. But if someone tells you that she has $1 000 in her pocket, you know exactly how much this is. Definition of Money Exercise: Different Types of Money What are the exact meanings of these words in English? Cash, Currency, Salary, Wages, Income, Loan, Pension, Fund, Capital, Installments, Debt, Deposit, Aid. Exercise 1. Money in notes and coins is called a. cash b. capital c. reserves The dollar, the mark and the yen are a. currencies b. funds c. salary Money borrowed from a bank is a a. deposit b. income c. loan Exercise Borrowed money that has to be paid back co