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GLOSSARY

to take out a loan | uzeti zajam

to lend (someone) | posuditi (nekomu)

to borrow (from someone) | posuditi od (nekoga)

to be strapped for cash | nemati dovoljno novca

repayment period | rok otplate

instalments | rate (kredita)

interest | kamata

to default | ne platiti, ne izvršiti (novčanu) obvezu

secured / unsecured loans | osigurani/neosigurani krediti

collateral | instrument osiguranja

guarantors | jamci

quick consumer loans | brzi potrošački krediti

all-purpose cash loans | nenamjenski gotovinski krediti

foreign currency clause | valutna klausula

housing loans | stambeni krediti

mortgage loans | hipotekarni krediti

to repossess | oduzeti (zbog neplaćanja)

sales outlets | prodajna mjesta

to withdraw cash | podignuti gotovinu

beneficiaries of the loan | korisnici kredita

to assess creditworthiness | procijeniti kreditnu sposobnost

Exercise 1 Complete the following sentences with the missing prepositions.

  1. He was strapped _____ cash.

  2. When you take _ a loan, you have to repay the money ___ fixed installments.

  3. In cases when the borrower defaults _ payment (it could be due ___ illness or loss of job), banks use collaterals to get their money back.

  4. Since guarantors are _ short supply, time deposits ___ a bank are accepted.

  • If you do not keep _ repayments ___ your mortgage, your home may be repossessed.

  • Exercise 2 Translate into English:

    1. rok otplate ________

    2. kamata _______

    3. otplaćivati u ratama ________

    4. valutna klausula ____

    5. nenamjenski kredit ___

    6. jamac _________

    7. korisnici kredita ____

    8. procjena kreditne sposobnosti _____

    9. instrument osiguranja ______

    10. ne izvršiti novčanu obvezu ___