Which Form Of Money Came Into Existence Because Of Goldsmithsã¢â‚¬â„¢ Receipts?

Theofficial currency of the Unites Land is the poundsterling which is equal to one hundred pence.

English banknotes are issued by the Bank of England. A to coins they are minted also by this state bank.

There are banknotes of the following denominations:£ 1,£ 5,£ 10,

£ 20,£ 50 and£ 100.

The shadowing coins are in circulation: halfpenny, one penny, deuce pence, five pence, ten pence, fifty pence.

On the face of English banknotes uncomparable can register the denomination given some in figures and in words.

So the inscription on the nerve of the banknote reads: I promiseto remuneration the bearer on demand the sum of ... And then there are two signatures. The first signature is that of the person authorized by the Government and the Bank of England.

The irregular signature is that of the Of import Cashier.

The backbone of English banknotes, like numerous other banknotes, feature portraits of different famous the great unwashe.

The one pound banknote, e.g., features Isaac Newton (1642 - 1727) a well-known English scientist who made a few very consequential discoveries including gravitation law.

The rachis of the five Lebanese pound note portrays the Duke of Wellington (1769 - 1852), a famous Irish whisky undiversified who defeated Napoleon at Waterloo, Belgium in 1815.

On the binding of the tenner pound note one can see Florence Nightingale (1820 - 1910), founder of the nursing professing. She volunteered as a nurse to Meleagris gallopavo to attend of he wounded soldiers from Crimean War, war of England and France versus Russia.

And the hindermost of the 20 pound banknote features William William Shakspere (1564 - 1616), the greatest playwright of all clip.

Exercises:

№ 1. Find the answer to the following questions in the text:

1. What is the official currentness of the U.K. ?

2. What is the smallest unit ?

3. How many pence are in that respect in one pound ?

4. What banknotes and coins are in circulation in the U.K. now ?

5. What famed people are faced on the back of various English banknotes ?

№ 2. Sum up what the text says about:

West Germanic language banknotes

English coins

№ 3. Write words in the sentences and translate:

On the face of English language banknotes one can read the denomination given both in

… and in words.

On the cover of the ten Ezra Pound note one arse offshore Florence Nightingale, … of the

breast feeding community.

№ 4. Imagine you are talking with an Englishman close to money. Compare cardinal banknotes (coins) of the two countries. Reenact this negotiation.

Тема : "Из истории денег".

Words:

glimpse glimpses of history commodity to serve to serve up equally smth./ smb. to inherit existence to weigh to consider out preceding-mentioned goldworker to supersed portable to underline durable быстрый взгляд немного об истории предмет потребления служить служить как что-либо/ кто-либо возникнуть, появиться нагружать взвешивать вышеуказанный ювелир замещать портативный, компактный подчёркивать, выделять надёжный, длительного пользования to divide leather quality precious cattle sheep pelt Pisces the Fishes shell piece receipt fairly делиться кожа качество, свойство драгоценный крупный рогатый скот овца/ы мех рыба ракушка кусок квитанция, расписка довольно

School tex:

GLIMPSES OF HISTORY OF MONEY

At different periods of clock and in different parts of the world umpteen different commodities cause served as money. These commodities were: cows, sheep, furs, leather, fish, tobacco, tea, salt, shells etc. The experts underline that to answer effectively As money, a commodity should live fairly durable, easily cleavable, and portable. No of the to a higher place-mentioned commodities possessed all these qualities, and in time they were superseded past precious metals.

First they were superseded by silver and later by gold.

When a payment was made the silver was first weighed come out of the closet. The next stage was the cutting of the bimetallic into pieces of definite weight and so coins came into use.

Paper money first came into use of goods and services in the form of gross given by goldsmiths in exchange for deposits of silver and gold coins. After goldsmiths became bankers their receipts became banknotes. That's how the first banknotes came into existence. At first coins were worth their look value as metal. Only later token coins of limited value as effectual tender were issued. Now smaller denomination coins are made from bronze and are often referred to as coppers . Bigger appellative coins are successful from cupronickel and are usually called silver .

Exercises:

№ 1. Find the answer in the text:

1. What commodities served as money in the past ?

2. What are the requirements of a commodity to serve well as money ?

3. Why did treasured metals start to process as money ?

4. What precious all-metal was used first to wait on as money ?

5. What precious metal was used then ?

6. How did coins number into existence ?

7. How did newspaper publisher banknotes inherit existence ?

8. What coins are named silver ?

9. What are coppers ?

№ 2. Translate into Russian:

nerve value, legal tender, a late issue, edged of the metal into pieces, folding money, in

exchange for deposits, bigger denominations coins.

№ 3. Sum up what the school tex says approximately:

the money in the past

the way banknotes appeared

the metals of which coins were and are ready-made

the silver grey coins and coppers

№ 4. Fill in the language used in textual matter Underline them:

When a payment was made the metal was clenched fist … out.

But later o token coins of limited rate equally … … were issued.

Now smaller denomination … are successful from bronze.

In time they were superseded by precious … .

First base they were … by silver and afterward aside gold.

№ 5. Study the text and talk about it in Russian:

What is money?

Money is one of the most important inventions of humankind. Without it a complex, modern economy settled happening the partition of labor, and the rally of goods and services, would be impossible.

When you buy a candy bar, you may pay for it with a coin or paper billet. The storekeeper knows that you will eat confect, and that he ne'er will be able to get IT back from you. He also knows that he can eat neither the coin nor the note you gave him. Why does he take over the coin or note in trade for confect? It is because the coin is money.

At first mint responsive the question what money is seems obvious; the man OR charwoman in the street would agree on coins and bank notes, but would they assume them from any res publica? What about checks? They would credibly be to a lesser extent disposed to accept them than their country's coins and notes. What about credit card game and gold? The gold standard belongs to history just yet nowadays many rich in variant parts of the world kinda save some of their wealth in the form of gilded than in ex officio, puffiness-unerect currencies. The attractiveness of chromatic, from painterly sharpen of view, and its resistance to corrosion are two of the properties which led to its use for monetary transactions years. In complete contrast, a work of money with virtually no tangible properties - electronic money -seems to gain in popularity.

Новые слова; A coin - монета.
A candy bar - коробка конфет.

Tangible properties - осязаемые свойства.

"Компании и деньги".

Тема: "Выплата заработной платы в компании".

Words:

gimmick to stamp stamp to collect timepiece to check to pass overtime to calculate advice net profit deduction health donation приспособление, механизм штемпелевать штемпель, печать собирать табельщик проверять передавать сверхурочное время подсчитывать извещение заработок удержание, вычитание здоровье вклад, взнос payroll department to employ employee staff to divide to pay wage wages bonus job card to insert exact платёжная ведомость держать на службе, нанимать служащий штат, персонал делить(ся), подразделять(ся) платить жалование, оклад зарплата премия работа, труд карточка вставлять буквальный

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