Complete the sentences with the following words:
banknote, bearer, words, inscription, denomination, signature, Bank of England, Chief Cashier
1. On the face of English banknotes one can read the ...
2. The ... is given both in figures and in ...
3. The ... on the face of the ... reads: I promise to pay the ... on demand fifty Pounds.
4. The first ... is that of the person authorized by the Government and the ...
5. The second signature is that of the ...
Explanation: The "inscription" refers to the written text or words that are printed on the banknotes.
2. The denomination is given both in figures and in words.
Explanation: The "denomination" represents the value or the amount of money assigned to the banknote. This value is usually printed both in numerical figures (like "50" for fifty pounds) and in words (like "fifty" pounds).
3. The Chief Cashier on the face of the Bank of England reads: "I promise to pay the bearer on demand fifty Pounds."
Explanation: The "Chief Cashier" is the title given to the person responsible for the issuance of banknotes. On the face of the Bank of England's banknotes, there is an inscription that says: "I promise to pay the bearer on demand fifty Pounds." This means that the banknote can be exchanged for its face value at the Bank of England
4. The first signature is that of the person authorized by the Government and the Bank of England.
Explanation: The first signature found on the banknote is the signature of the person who is authorized by the government and the Bank of England to sign and issue banknotes. This signature serves as a stamp of authority and authenticity.
5. The second signature is that of the Chief Cashier.
Explanation: The second signature on the banknote is that of the Chief Cashier, who is responsible for the overall management and control of the banknotes. The presence of this signature further confirms the authenticity and validity of the banknote.