English for Financial Institutions

Book excerpt: (Updated edition - July 2023) English for Financial Institutions is an up-to-date textbook that will help readers master the terminology of financial English – and also improve their general English vocabulary. It can be used as a coursebook, a self-study book or reference source (lexicon). The book provides a comprehensive guide to the vocabulary crucial for understanding the financial system (financial institutions, markets and instruments; banking; money and payment; regulation and supervision), rather than narrow and often random selection of topics found in most other financial English books. Thanks to English for Financial Institutions, readers will be able to understand concepts that are often not well explained or hard to find in other publications. No other financial English textbook offers such a wide scope of subject matter, the depth and up-to-date relevance of presented material. It includes developments that have come to the spotlight in recent years, such as cryptocurrencies, mobile payments, the LIBOR scandal, quantitative easing, tax avoidance. English for Financial Institutions includes: - Texts presenting the topic - “Notes” with supplementary lexical or factual information; - “Direct Source Reading” – authentic texts published by public and private financial institutions, allowing readers to become familiar with language used by financial professionals - Different types of financial English and general English vocabulary exercises - Questions and discussion points for the classroom - A key to exercises