Extending short term loans to financial institutions
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benedict
Apprentice
Joined: 20 Jun 2005
Posts: 1
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 Posted: 07/26/08 - 07:16 Post subject: |
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| I always have some problem when I have to read and understand some articles from business and banking. I have recently read something about extending short-term loans to financial institutions and I don’t have to mention that I don’t know what this means. Can you help me understand the meaning of this article? I don’t know why they have to be so complicated. |
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gage
Apprentice
Joined: 06 Jan 2008
Posts: 3
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| Posted: 08/25/08 - 03:40 Post subject: |
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| They are not complicated but you should bear in mind that when it comes to money and finance there is no possibility to talk about some things in a regular language. Business vocabulary is pretty specific and I don’t think that there is a way to translate. I think that the only possibility is to explain those terms and phrases very elaborately. This extending short-term loans to financial institutions actually means that some developing countries can get more short-term loans in order to improve the financial situation in the country. It is important so that the investing in the country’s economy can be stimulated. More short-term loans, the better economy of developing countries. |
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