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Philippine Economics
Philippine Government
The First Loan
DID YOU KNOW…
...that in keeping with its quasi-public
character, El Banco Español Filipino de Isabel 2, the first bank to be
established in the Philippines and Southeast Asia, granted the Spanish
colonial government in the Philippines with an interest-free loan amounting
to 200,000 pesos fuertes in 1864?
.
…that the amount was equivalent to half of the
bank's authorized capital at that time?
.
…that although the government specified that
the loan be subject to a 6 percent interest, it was the bank's stockholders
who decided to give the government the funds at no cost?
.
…that this loan was the first of a number of
accommodations extended by the bank to the colonial government in the
Philippines?
- acceptance - pagtanggap
- access - daanan
- airport - paliparan
- arrival - pagdating
- authorization - pagbibigay kapangyarihan
- barrier - sagabal
- barter - barter
- bill of lading - bill of lading
- boycott - boykot
- bribe - suhol
- buying-and-selling - pamimili at pagbebenta
- by air - sa hangin
- by sea - sa dagat
- clause - sugnay
- collection of money - pangongolekta ng pera
- commercial letter - sulating komersyal
- to confiscate - kumpiskahin
- consignee - taong nagpapaangkat
- containers - lalagyan
- contraband, smuggling - kontrabando
- contract - kontrata
- credit - kredito
- customs - bayad sa adwana
- customs office - kawanihan ng adwana
- customs officer - namamahala sa adwana
- to declare - ipahayag
- departure - paglisan
- to depart - lumisan
- to detail - isaysay nang puspusan
- distribution network - pinagbabagsakan ng produkto
- dock, loading bay - daungan
- documents - mga dokumento
- dumping - pagtambak
- duty - tungkulin
- to entrust - ipagkatiwala
- to escort - sumama
- export - kalakal panluwas
- to finance - pondohan
- foreign trade - kalakalang panlabas
- free - libre
- freight - kargamento
- fund - pondo
- imported - inangkat
- imports - kalakal na inaangkat
- insurance - seguro
- interchange - magpalitan
- International Commercial Terms - mga termino sa kalakalang panlabas
- invoice, bill - talaan ng binili at halaga
- irrevocable - hindi mababawi
- to issue - mag-isyu
- issuing bank - bangkong nag-isyu
- license - lisensiya
- limited - limitado
- lucrative - kapaki-pakinabang
- made in - gawa sa
- notifying bank - bangkong nagbibigay-alam
- origin - pinagmulan
- to penalize - parusahan
- port - daungan
- procedure - alituntunin
- promissory note - kasulatan sa pagbabayad ng utang
- provisional - pansamantalang kasunduan
- quota - kota
- rights - mga karapatan
- seizure - pagsamsam
- to ship - ilulan
- stimuli- stimuli
- supporting document - dokumentong tagapagtaguyod
- surveillance - pagmamatyag
- terminal - terminal
- terms - mga termino, kondisyon
- traffic - trapik
- train - tren
- to transmit - ipadala
- transportation - transportasyon
- treaty - kasunduan
- truck - trak
- to unload - magdiskarga
- weight - timbang