Introduction to Banking 百科知识
An Introduction to Banking
Did you know that banking comes from the word 'bank', which means 'banca' in Italian?
难度级别 6 | 商务英语 | 时长： 01:39 | 资源：Garnet
Welcome to "An Introduction to Banking."
What do we mean by the term "banking"?
We all associate banking with banks, of course, so let's start there.
The English word "bank" has 13th century origins in both German and Italian.
When you hear the word "bank," you generally think of money, right?
But actually, the word "bank" is derived from the Italian word "banca," which evolved from a German word meaning "bench."
What has banking got to do with benches?
Well, in the past, Italian moneylenders used a bench or table in a large open area to conduct their business.
So the word originally referred to the place where money lending transactions occurred.
Today, the word "bank" refers to the institution which carries out banking services.
It also refers to a building where banking services are provided.
That is, the offices or buildings in which a bank is located.
It can also be a verb.
We can say "Who do you bank with?"
Incidentally, the English term "bankrupt" is used to describe a person who has gone out of business because they could not meet all their liabilities.
This term comes from the expression "banca rotta,"meaning "a physically broken bench."
The English words cash, debtor, creditor, ledger,and the symbols for English currency, pounds and pence,all originate from the 13th century, too.
1.What's the main topic of the video?
b.the origins of banking
2.The word "bank" refers to all definitons except:
a.a business deal with someone relating to finances
b.a financial institution
c.a building where financial services are offered
d.a place where food is served
3.How did banking get its name?
a.It was named after the first moneylender, "Banco."
b.It was originally called "crediting" and was then changed to "banking."
c.It became famous during the time when people exchanged precious stones for food and other items.
d.It came from a German word which means "a bench."
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