染雾金融英语口语大第12期:Time Deposit 篇一
第一篇内容
Time Deposit, also known as fixed deposit or term deposit, is a financial product offered by banks and financial institutions. It is a type of savings account that requires the depositor to deposit a certain amount of money for a fixed period of time, typically ranging from a few months to several years. In return, the depositor earns a fixed interest rate on the deposited amount.
One of the main advantages of time deposit is its higher interest rate compared to regular savings accounts. The longer the deposit term, the higher the interest rate offered by the bank. This makes time deposit a popular choice for individuals and businesses looking to grow their savings with a guaranteed return.
Time deposit offers a secure and stable investment option. Unlike other investment products such as stocks or mutual funds, time deposit carries very little risk. The deposited amount is insured by the government up to a certain limit, providing peace of mind to depositors.
Time deposit is also a useful financial tool for individuals who want to save money for a specific purpose in the future, such as buying a house or funding their children's education. By locking in the deposit for a fixed period, depositors are less likely to withdraw the money impulsively, ensuring that the funds will be available when needed.
However, there are some drawbacks to consider when opting for a time deposit. One major limitation is the lack of liquidity. Once the deposit is made, the depositor cannot withdraw the funds until the maturity date without incurring penalties. This means that depositors should carefully consider their financial needs before committing to a time deposit.
Another disadvantage is the potential loss of purchasing power due to inflation. While the deposited amount may earn interest, inflation can erode the value of the money over time. Deposit rates may not keep up with inflation, resulting in a decrease in purchasing power.
In conclusion, time deposit is a useful financial product that offers higher interest rates and a secure investment option. It is a suitable choice for individuals and businesses looking to grow their savings with a guaranteed return. However, depositors should carefully consider their financial needs and the potential limitations of time deposit before making a decision.
金融英语口语大第12期:Time Deposit 篇二
第二篇内容
Time Deposit, also known as fixed deposit or term deposit, is a popular financial product offered by banks and financial institutions. It allows individuals and businesses to earn a fixed interest rate on their savings by depositing a certain amount of money for a specific period of time.
One of the key features of time deposit is its flexibility in terms of deposit amount and deposit term. Depositors can choose the amount they want to deposit, ranging from a few hundred dollars to millions, depending on their financial goals and capabilities. They can also choose the duration of the deposit, which can vary from a few months to several years. This flexibility allows individuals to tailor their time deposit to meet their specific financial needs.
Another advantage of time deposit is its ease of use. Opening a time deposit account is a simple process that can be done at a local bank branch or online. Depositors only need to provide their identification documents and complete the necessary paperwork. Once the account is opened, they can easily monitor their deposit and interest earnings through online banking or by contacting their bank.
Time deposit also offers a predictable and stable return on investment. The interest rate is fixed for the entire duration of the deposit, providing depositors with a guaranteed return. This stability is especially attractive in uncertain economic times when other investment options may carry higher risks.
Furthermore, time deposit can be a useful tool for diversifying one's investment portfolio. By allocating a portion of their savings to time deposit, individuals can balance the risk and return of their overall investments. This can provide a sense of security and stability, especially for those who are risk-averse.
However, it is important to note that time deposit has its limitations. The interest rates offered may not always keep up with inflation, resulting in a decrease in purchasing power over time. Additionally, depositors should be aware of the penalties for early withdrawal before committing to a time deposit. It is advisable to carefully consider one's financial needs and goals before making a decision.
In conclusion, time deposit is a flexible and convenient financial product that offers a predictable and stable return on investment. It is a suitable choice for individuals and businesses looking to diversify their investment portfolio and earn a guaranteed return on their savings. However, depositors should be aware of the potential limitations and carefully assess their financial needs before opting for a time deposit.
金融英语口语大第12期:Time Deposit 篇三
New Words新单词
anxious adj.
担心的，焦急的
available adj.
可用的，可得到的
option n.
选择权
maturity n.
（票据等的）到期
emergency n.
紧急
mature v.
到期
Phrases & Expressions
短语
regular savings account
普通储蓄帐户
time deposit
定期存款
time certificate of deposit
定期存款单
the stated interest return
规定所归还的利息
W:Liu Bing, I have two thousand yuan for the cost of this term,
王琳：刘萍，我从家带来2000元供这一学期的生活费，
enough to last from now until summer vacation.
维持到暑假看来已足够。
I feel anxious about carrying around such a large sum. What should I do?
带着这么多钱我觉得不放心，我该怎么办？
L:Let me think. You can deposit one half as regular savings accounts and another half as time deposits.
刘萍：让我想想。你可以拿其中一半作为活期存款，另一半作为定期存款。
W:That's a good idea. Will they earn a similar rate?
王琳：这主意很好。那么存款利率是否一样呢？
L:The interest rate for time deposits is much higher than regular savings account.
刘萍：定期存款的利率要比活期存款高得多。
W:How long do I have to keep the money in the account?
王琳：那么我的定期存款应该多长呢？
L:The savings banks offer a choice of three, six or twelve - month maturities in most cases.
刘萍：储蓄所在在大多数情况下备有三种定期存款，即分三个月，半年和一年。
They also offer Time Certificate of Deposit in two-, three-, five or ten- year terms.
另外，他们还提供2年，3年，5年或10年的长期定期存款。
W:For us only the short-time deposits are available. Does the rate go up depending on how long you keep the certificate?
王：对我们来说，短期存款合适。是否存款时间越长利率也就越高呢？
L:Yes, of course. It would seem that three month time deposits are the best option for you.
刘：是的，那当然啦。看来对你来说三个月的定期存款是的选择。
W:I agree with you. Tomorrow, let's go to the bank to deposit my money.
王：我同意你的看法，明天咱们俩就去银行存款。
L:Yes, I want to deposit mine, too.
刘：好，我自己也要去存款。
W:What maturities are the most popular?
王琳：哪一种期限最普遍？
L:Most people use the six or twelve-months plans, of course,
L：大部分人都选用半年或一年的期限。当然啦，
they may renew the c
到期后人们还可以续存。
W:What if the customer needs the money for an emergency before the certificate matures? Can he get it out?
王：假如存款人由于急用要提前取款，那又如何处理呢？他能否把款提出呢？
L:Yes, of course, he can withdraw his money by cashing in his certificate before the maturity date if necessary.
刘：当然可以，在必要的情况下可以在到期之前提前取款。
W:What will happen?
王：那情况会怎样？
L:He just won't receive the stated interest return.
刘：他就不能拿到预先规定的定期利息。
W:What a loss!
王：那真可惜！
L:So if you want to have a high rate of return, don't withdraw your cash before the end of the certificated period.
刘萍：所以你想要获得较高的利息就不要在到期之前提取存款。
W:Good idea.
王：好主意。
