"Financial English is a language practice book for anyone learning about or working in finance. It is designed for students preparing for careers in business and finance as well as for people already working who wish to improve their English in this specialized field. It is suitable for learners as Intermediate level and above.

The book can be used as the core material for a course, and also by students working alone.

Financial English covers: Numbers
Accounting
Banking
Corporate finance

Trade and economics

The units present and explain the fundamental concepts of the different areas of finance, and define essential vocabulary and terminology, as well as common financial idioms and metaphors.

Financial English contains a full answer key and a comprehensive 24-page glossary of financial terms. Over 70% of the material in this revised edition is new." (Book Cover)

CONTENTS

Using this book

1. Numbers
1.1 saying and writing numbers

2. Accounting
2.1 Accounting basics
2.2 Bookkeeping
2.3 Accounting principles
2.4 Depreciation
2.5 Cost accounting
2.6 Inventory
2.7 The income statement or profit and loss account
2.8 The balance sheet
2.9 The statement of cash flows
2.10 Auditing
2.11 Company law
2.12 Annual General Meetings
2.13 Evaluating investments and cash flows
2.14 Liquidity metaphors
2.15 Review: Accounting

3. Banking
3.1 Forms of money
3.2 Types of banks and financial institutions
3.3 Commercial or retail banking
3.4 Internet banking
3.5 Investment banking
3.6 Insider dealing puzzle
3.7 Interest rates and central banks
3.8 The subprime crisis
3.9 Insurance
3.10 Review: Banking

4. Corporate finance
4.1 Venture capital
4.2 Issuing stocks and shares
4.3 Stocks and stockholders
4.4 Stock prices
4.5 Describing price changes
4.6 Financial ratios
4.7 The money market
4.8 Bonds
4.9 Future and derivatives
4.10 Asset management
4.11 Review: Securities
4.12 Hedge funds and structured products
4.13 Mergers and takeovers
4.14 Leveraged buyouts
4.15 Financial regulation and supervision
4.16 Review: The financial industry

5. Trade and economics
5.1 Pricing
5.2 Pricing strategies
5.3 Ways of selling
5.4 International trade
5.5 Trade finance
5.6 Trade documents
5.7 International trade terms
5.8 Exchange rates
5.9 The business cycle
5.10 Fiscal and monetary policy
5.11 Describing charts and graphs
5.12 Growth metaphors
5.13 Time metaphors
5.14 Competition
5.15 Pay

5.16 Taxation
5.17 Review: Trade and economics

Glossary

British and Amercian terms

Answer key

Acknowledgements