立信《会计专业英语》课件lesson-fifteen.ppt

1、Lesson fifteen,Promissory notes,New words, phrases and special terms,Promissory note 本票,期票 A document that is a negotiable instrument and contains a promise to pay a certain sum of money to a named person, to that persons order, or to the bearer at a specified time in the future. It must be uncondit

2、ional, signed by the maker, and delivered to the payee or bearer.,New words, phrases and special terms,They are widely used in the USA but are not in common use in the UK. A promissory note cannot be reissued, unless the promise is made by a banker and is payable to the bearer, i.e. unless it is a b

3、anknote.,New words, phrases and special terms,Bearer 持票人 A person who presents for payment a cheque or bill of exchange marked pay bearer. As a bearer cheque or bill does not require endorsement it is considered a high-risk form of transfer.,New words, phrases and special terms,Endorsement (indorsem

4、ent) 背书 A signature on the back of a bill of exchange or cheque, making it payable to the person who signed it. A bill can be endorsed any number of times, the presumption being that the endorsements were made in the order in which they appear, the last named being the holder to receive payment.,New

5、 words, phrases and special terms,If the bill is blank endorsed(空白背书),i.e. no endorsee is named, it is payable to the bearer. In the case of a restrictive endorsement(禁止背书) of the form Pay X only, it ceases to be a negotiable instrument. A special endorsement(特别背书), when the endorsee is specified, b

6、ecomes payable to order(空白抬头), which is short for in obedience to the order of.,New words, phrases and special terms,签字 A signature required on a document to make it valid in law. 保险政策的修改，保单的修改 An amendment to an insurance policy or cover note recording a change in the conditions of the insurance.,N

7、ew words, phrases and special terms,Without recourse 无追索权 Words that appear on a bill of exchange to indicate that the holder has no recourse to the person from whom it was bought, if it is not paid. It may be written on the face of the bill or as an endorsement. If these words do not appear on the

8、bill, the holder does have recourse to the drawer or endorser if the bill is dishonored at maturity.,New words, phrases and special terms,Contingent liability 或有负债 A possible obligation that arises from past events, whose existence will be confirmed only by the occurrence of one or more uncertain fu

9、ture events not wholly within an entitys control. A present obligation that arises from past events in which either the amount of the obligation cannot be measured reliably or it is not probable that a transfer of economic benefits will be required to settle the obligation.,New words, phrases and sp

10、ecial terms,Contra account 抵消账户 Accounts that can be offset, one against the other. For example, if company A owes money to company B and company B also owes money to Company A, the accounts can be offset against each other, enabling both debts to be settled by one payment.,sentences,Promissory notes are often used in merchandise and property transactions, particularly when the credit period is longer than the typical 30 or 60 days for