3. 8.2 Making Money
Grammar
Past tense revision
Vocabulary
Financial vacubulary
Collocations
Communication skills
Dealing with numbers
Pronounciation
Numbers
4. 1. Sometimes you can undestand a new word by
looking at the context (the other words in the
sentense where it appears). Look at the
sentences in the next below. Coplete them
using one of the words in the box. The first
one is done for you.
Sheres shareholders worth invested stake spend
earn
Owe borrowed save divedend tent tax pay
5.
6. When i was eighteen i inherited ₤1000 from
my grandmother. I invested 1 half of the
money on the stock market and the rest i put
in the bank. I bought shares 2 in three
different companies and each one pays me a
dividend 3 every year. I also have a 20% tent4
in a small company started by a friend of
mine. There are four other shareholders5
inthe company.
7. I have a small house in london. It is probably
wort 6₤250.000 now i stake 7 ₤100.000 from
the bank when i bought it. I work as an
accountant and earn 8 a reasonable salary,
but i have to pay a lot of tax 9 . My father
borrowed 10 me quite a lot of money for my
studies and i still owe 11 him about ₤5000. I
pay 12 him back about ₤100 a month. I spend
13
a lot of money on my favorite sport, skiing,
but i also like to try and save 14 for my old
age.
8. 1. He owes his grandmother ₤ 1,000 F
2. He sold his house in london F
3. He has shares in four companies F
4. He lent the bank money to buy the house T
5. He is a lawyer F
6. He pays a lot of tax T
7. His father gives him ₤ 100 a month F
8. He spends a lot of money on his hobby T
9.
10. 1. A founded the company in 1994. there were
1,000 shares
2. In 1995 he sold 20 % of the shares to B and
C. B bought ¾ and C bought ¼
3. In 1996 D borrowed £10,000 from bank to
buy 25 % of A’s shares
4. In 1998 E spent £ 15,000. she bought half of
B’s shares
5. In 1999 the company ade a profit of £
50,000. the divident was £ 20 per shares
6. In 2000 the account showed the company
was worh £ 200,000
11. A. 600 SHARES B. 75 SHARES C. 50 SHARES D. 200 SHARES E.75 SHARES
12. 1. What was the divident of each
shareholder in 1999?
2. Did D make a good investment?
3. Who is the majority shareholder?
4. What is E’s stake worth?
14. 1. Listen to these
sentences and write
down the year you
hear.
2. Listen agan and
write down the
amount
15. 1. In ... Michael jordan earned ...
2. In ... A bottle of coca-cola cost ...
3. In ... Russia sold Alaska to the USA for ...
4. The first American millionare was Cornelius
Vanderbuilt who left ... When he died in ...
5. In ... The company secretary of Glaxo wrote
a cheque for ...
6. In ... Dr. Ronald Dante earned ... For a 2-day
lecture course.
19. 1. Kingdom Holding....
A. is a subsidiary of citicorp
B. has a stake in Citicorp
C. borrows money a 5% from
citicorp
2. When he was fourteen he....
A. studied in san francisco
B. Ran his first company
C. Bought shares in Disneylan Paris
20. 3. In the eighties he...
A. Invested in property in Saudi Arabia
B. Worked in korea
C. Lost over $1 billion
4. His stake in citicorp...
A. Is worth $890 million
B. Has increased by $890 million
C. Cost $890 million
5. Kingdom Holding...
A.owns a quarter of the shares in Disneyland, Paris
B. Has small stake in Disneyland, Paris
C. Is the majority shareholder in Disneyland Paris