商业银行管理彼得S.罗斯英文原书第8版 英语试题库Chap005.doc

Chapter 5 The Financial Statements of Banks and Their Principal Competitors Fill in the Blank Questions 1. Fed funds purchased is an example of _______________________ along with Eurodollar borrowings. Answer: nondeposit borrowings 2. The short term securities of the bank, including T-Bills and commercial paper, are often called __________________________ because they are the second line of defense to meet demands for cash. Answer: secondary reserves 3. __________________________ is a noncash expense on the banks income statement which allows the bank to account for future bad loans. Answer: Provision for loan losses 4. __________________________ is the difference between interest income and interest expenses for a financial institution. Answer: Net interest income 5. __________________________ are the primary long term liabilities of the bank. These liabilities are paid only after deposits have been paid in the event of bankruptcy. Answer: Subordinated notes and debentures 6. A(n)__________________________ is where the financial institution agrees to guarantee repayment of a customers loan received from a third party. Answer: standby credit agreement 7. A(n)__________________________ is a short term collateralized loan. The collateral that is used generally consists of T-Bills. Answer: repurchase agreement 8. A(n)__________________________ is a deposit account which pays an interest rate competitive with money market mutual funds and which generally has limited check writing ability. Answer: money market deposit account 9. _____________________ is the sum of all outstanding IOUs owed to the bank in the form of consumer, real estate, commercial and agriculture loans as well as other types of credit extensions. Answer: gross loans 10. A financial institution often records the value of its assets and liabilities at _______________ which is the original or historical cost of the asset. Answer: book value