lOMoARcPSD|9250421
Inhoud
26 Islamic banking.........................................................................................................................2
27 money supply and control........................................................................................................2
28 Venture capital.........................................................................................................................3
29 stock and shares 1....................................................................................................................4
30 stocks and shares 2..................................................................................................................4
31 shareholders.............................................................................................................................6
32 Share prices..............................................................................................................................7
33 bonds........................................................................................................................................9
34 futures....................................................................................................................................10
35 derivatives..............................................................................................................................10
36 asset management.................................................................................................................12
37 hedge funds and structured products....................................................................................13
38 describing charts and graphs..................................................................................................13
39 mergers and takeovers...........................................................................................................15
40 leveraged buyouts..................................................................................................................16
41 financial planning...................................................................................................................18
42 financial regulation and supervision.......................................................................................19
43 international trade.................................................................................................................19
44 exchange rates.......................................................................................................................20
45 financing international trade..................................................................................................22
46 Incoterms...............................................................................................................................23
47 insurance................................................................................................................................24
48 the business cycle...................................................................................................................25
49 taxation..................................................................................................................................27
50 Business plan..........................................................................................................................28
Abbreviations:.........................................................................................................................29
1
, lOMoARcPSD|9250421
26 Islamic banking
Interest-free banking
Interest-free banking Rente vrij
Profit-and loss sharing PLS Winst & verlies delen
Venture capitalists Risico kapitalisten
Risk capitalists Idem
Types of accounts
A safekeeping arrangement Give no return to depositors Bewaarregeling
Profitability Ability to earn a profit Winstgevendheid
Rate of return The amount of money the Rendement
investment pays
Investments accounts Investeringsrekeningen
Fixed term Vaste termijn
Leasing and short-term loans
A leasing Leasing
A hire-purchase Huurkoop
A service charge Dienstenvergoeding
Working capital For unexpected purchases and Werkkapitaal
expenses
Bank-customer relation Bank-klantrelaties
Conventional banks
- Pay interest to depositors
- Charge interest to borrowers
- Lend money to finance personal consumption
Islamic banks
- Give no return on current accounts; share profits with holders of savings accounts
and investment accounts
- Share borrowers’ profits (or losses)
- Buy items for personal customers with a leasing or hire-purchase arrangement
27 money supply and control
Measuring money
Money supply It’s the stock of money and the Geldvoorraad
supply of new money
In circulation Coins and notes that people In omloop
spend
Time deposits Bank deposits that can only be Termijndeposito’s
withdrawn after a certain
period
Narrow money The smallest measure Small geld
Sight deposits Bank deposits that customers Zichtrekeningen
can withdraw whenever they like
Broad money Saving and time deposits, Breed geld
market
2
, lOMoARcPSD|9250421
funds…
Velocity of circulation How quickly it moves from Omloopsnelheid
one institution or bank
account to
another
Changing the money supply
Monetary authorities The government, but usually Monetaire autoriteiten
the central bank
Monetary policy Try to control the amount of Monetair beleid
money in circulation
Discount rate Lower interest more Kortingspercentage
money being borrowed which
increases money supply
Reserve-asset ratio % of deposits a bank has to keep Reserve / bedrijfsmiddel ratio
in its reserves
Monetarism
Monetarist Monetarist economist are those Monetarist
who argue that if you control the
money supply, you can control
inflation
Inflation Inflatie
Monetary growth Too much new money being Monetaire groei
added to the money stock
28 Venture capital
Raising capital
Start-ups New-businesses Starters
Private companies Particuliere bedrijven, niet-
beursgenoteerd
Founders The people who start the Oprichters
company
Risk-averse Banks are unwilling to lend to Risicomijdend
new companies where there’s a
danger that they don’t get their
money back.
To lend Lenen
Venture capital Funds for new enterprises Risicokapitaal
High net worth individuals Rich people Vermogende particulieren
Angels/angel investors Same Vermogende particulieren
Venture capital Funds for new enterprises Risicokapitaal
Risk capital Idem Idem
Start-up capital Idem Idem
Return on capital
Entrepreneurs People with an idea to start a Ondernemers
new company
Business plan Businessplan
Rate of return The amount of money the Rendement
investments pays, higher for
start-ups
Public company Listed on a stock exchange Publieke onderneming
Exit strategy Venture capitalist who sell Exit strategie
their shares
Mezzanine financing Further capital needed to
3
Inhoud
26 Islamic banking.........................................................................................................................2
27 money supply and control........................................................................................................2
28 Venture capital.........................................................................................................................3
29 stock and shares 1....................................................................................................................4
30 stocks and shares 2..................................................................................................................4
31 shareholders.............................................................................................................................6
32 Share prices..............................................................................................................................7
33 bonds........................................................................................................................................9
34 futures....................................................................................................................................10
35 derivatives..............................................................................................................................10
36 asset management.................................................................................................................12
37 hedge funds and structured products....................................................................................13
38 describing charts and graphs..................................................................................................13
39 mergers and takeovers...........................................................................................................15
40 leveraged buyouts..................................................................................................................16
41 financial planning...................................................................................................................18
42 financial regulation and supervision.......................................................................................19
43 international trade.................................................................................................................19
44 exchange rates.......................................................................................................................20
45 financing international trade..................................................................................................22
46 Incoterms...............................................................................................................................23
47 insurance................................................................................................................................24
48 the business cycle...................................................................................................................25
49 taxation..................................................................................................................................27
50 Business plan..........................................................................................................................28
Abbreviations:.........................................................................................................................29
1
, lOMoARcPSD|9250421
26 Islamic banking
Interest-free banking
Interest-free banking Rente vrij
Profit-and loss sharing PLS Winst & verlies delen
Venture capitalists Risico kapitalisten
Risk capitalists Idem
Types of accounts
A safekeeping arrangement Give no return to depositors Bewaarregeling
Profitability Ability to earn a profit Winstgevendheid
Rate of return The amount of money the Rendement
investment pays
Investments accounts Investeringsrekeningen
Fixed term Vaste termijn
Leasing and short-term loans
A leasing Leasing
A hire-purchase Huurkoop
A service charge Dienstenvergoeding
Working capital For unexpected purchases and Werkkapitaal
expenses
Bank-customer relation Bank-klantrelaties
Conventional banks
- Pay interest to depositors
- Charge interest to borrowers
- Lend money to finance personal consumption
Islamic banks
- Give no return on current accounts; share profits with holders of savings accounts
and investment accounts
- Share borrowers’ profits (or losses)
- Buy items for personal customers with a leasing or hire-purchase arrangement
27 money supply and control
Measuring money
Money supply It’s the stock of money and the Geldvoorraad
supply of new money
In circulation Coins and notes that people In omloop
spend
Time deposits Bank deposits that can only be Termijndeposito’s
withdrawn after a certain
period
Narrow money The smallest measure Small geld
Sight deposits Bank deposits that customers Zichtrekeningen
can withdraw whenever they like
Broad money Saving and time deposits, Breed geld
market
2
, lOMoARcPSD|9250421
funds…
Velocity of circulation How quickly it moves from Omloopsnelheid
one institution or bank
account to
another
Changing the money supply
Monetary authorities The government, but usually Monetaire autoriteiten
the central bank
Monetary policy Try to control the amount of Monetair beleid
money in circulation
Discount rate Lower interest more Kortingspercentage
money being borrowed which
increases money supply
Reserve-asset ratio % of deposits a bank has to keep Reserve / bedrijfsmiddel ratio
in its reserves
Monetarism
Monetarist Monetarist economist are those Monetarist
who argue that if you control the
money supply, you can control
inflation
Inflation Inflatie
Monetary growth Too much new money being Monetaire groei
added to the money stock
28 Venture capital
Raising capital
Start-ups New-businesses Starters
Private companies Particuliere bedrijven, niet-
beursgenoteerd
Founders The people who start the Oprichters
company
Risk-averse Banks are unwilling to lend to Risicomijdend
new companies where there’s a
danger that they don’t get their
money back.
To lend Lenen
Venture capital Funds for new enterprises Risicokapitaal
High net worth individuals Rich people Vermogende particulieren
Angels/angel investors Same Vermogende particulieren
Venture capital Funds for new enterprises Risicokapitaal
Risk capital Idem Idem
Start-up capital Idem Idem
Return on capital
Entrepreneurs People with an idea to start a Ondernemers
new company
Business plan Businessplan
Rate of return The amount of money the Rendement
investments pays, higher for
start-ups
Public company Listed on a stock exchange Publieke onderneming
Exit strategy Venture capitalist who sell Exit strategie
their shares
Mezzanine financing Further capital needed to
3
