字幕表 動画を再生する 英語字幕をプリント Welcome to video of Okay by business English pod dot com Our work for today is a verb. Regulate. Regulate the definition of regulate is to control or supervise something by means of laws or rules. For example, governments can regulate policy by creating new laws. The EU has made new laws to regulate imports from China. Our word for today is a noun currency currency. The definition of currency is a system of money or the bills and coins themselves used in a particular country. For example, the dollar is the currency of the U. S. A. The value of a currency is determined by the exchange rate. Our term for today is a compound now interest rate interest rate. The definition of interest rate is the cost of borrowing money over a period of time, or the price that lenders charge borrowers for the use of the lenders money, for example. Small businesses usually have to pay higher interest rates on their loans. House prices tend to fall when interest rates rise because it becomes more expensive to borrow money. Our term for today is a compound now exchange rate exchange rate. The definition of exchange rate is the value of one currency against the currency of another country. For example, if the euro dollar exchange rate remains at its current level, U. S exporters could lose billions in business. China is under pressure to make its exchange rate more flexible. Our term for today is a compound now Central Bank Central Bank. The definition of central bank is a national bank that provides financial and banking services for its country's government and commercial banking system. For example, Sweden's central bank regulates their governments, monetary policy and issues. Currency. The European Central Bank raised interest rates by 1/4 of a percent last month. Our term for today is a compound now. Monetary policy, monetary policy, The definition of monetary policy is the way a central bank controls the amount of money in the economy at a particular time, for example, by changing interest rates. Unless the Bank of England relaxes monetary policy and makes borrowing easier, the stock market is unlikely to improve. The Bank of Canada carries out monetary policy mainly through changes in the interest rate. Our word for today is a verb. Fluctuate fluctuate. The definition of fluctuate is the irregular rise and fall of a number or amount. For example, trade with other countries tends to fluctuate from year to year. The euro dollar exchange rate fluctuates according to the condition of the economy. Our next word is speculate, speculate. The definition of speculate is to buy goods, shares property, etcetera in the hope that their value will increase so that they could be sold for a profit. For example, many individuals are now speculating on the Asian stock exchanges. A derivative of speculate is speculation. For example, speculation by investors has helped to increase the price of oil. Our next word is inflation. Inflation. Inflation is a noun. The definition of inflation is a general increase in the price of goods and services and a fall in the relative value of money. For example, fears of inflation have led the Federal Reserve to raise interest rates by 1/4 point. Cole locations. We often talk about the rate of inflation or the inflation rate. This is the percentage increase in prices over a given period of time. The inflation rate in Brazil was around 7% last year. Our next word is basis point a basis point, or sometimes just points the definition of basis point is ah, unit of measure used in the financial world to describe the percentage change in the value or rate of a financial instrument. For example, the Federal Reserve Board raised interest rates by 25 basis points toe help control inflation. Bond yields increased by 20 points from 7.45% to 7.65%. Now practice your new vocabulary on download a transcript for this video cast at www dot business english pod dot com.