English Module

master 2: F&B
Unit two: The One account
2021/2022

I. Starting up
1- Types of bank accounts offered by banks in Algeria are :
- Current account
- Saving accounts
- Salary accounts
- Stock accounts
- Corporate bank accounts
- Online accounts
2- Mortgage is a legal agreement by which a bank or similar organization
lends you money at interest in exchange for taking title of the debtor's
property with the condition that the conveyance of title becomes void
upon the payement of the dept. people usually repay their mortgage in
regulare payements .
3- No , cutomers aren't happy with it , to improve the system ,banks must
reduce the deduction from mortage accounts and speed up transactions .
II. Reading tasks
A. Understanding main points
1- T
2- T
3- T
4- T
5- F
6- T
7- T
8- F
9- T
10- F
11- F
12- T
B. Understanding details
1- No
2- Yes
3- No
4- Yes
5- Yes
6- No

III. Vocabulary tasks

A. Complete the sentence

Joe took out a …loan… so that he could buy a car. The car cost £10,000 and the bank
agreed to ……… borrow ………… him £8,000. About a year later, Joe lost his job
and started to worry about his ………… debt ………. . How could he ……… repay
………… it with no salary coming in? Out of the £8,000 that he had originally …
borrowed………, he still……owes… more than £5,000.
English Module
master 2: F&B
Unit two: The One account
2021/2022
B. Word search

1- Loan facility
2- The main proviso is that you must have repaid the debt by the time you retire.
3- Interest at a current rate
4- Withdrawals
5- Savings
6- Funding
C. Understanding expressions
1- a) putting everything together
2- a) to be available
3- b) take part of it at any time
4- b) an important restriction
5- a) it seems obvious
6- a) fixed
7- b) gradually reducing
D. Collocations
1- Payoff : c) a mortgage , a) interest
2- Earn : a) interest
3- Setup : d) a loan facility
4- Run : b) your finances
E. Complete the sentence

1. He earns an interest of 8% on his account.

2. She wanted to start her own business, so she asked the bank to setup a loan facility
3. She lost her job and with no regular income it was difficult to payoff interst.
4. He was an accountant, so it was not surprising that he was good at running his
finances .
F. Word search
1- Salary = income
2- Total = overall
3- Extra = additional
4- Pay into = repay
5- Pay off = pay