Difficult points in Reading 1 Merchant banks in Britain raise funds for industry on the various financial markets, finance international trade, issue and underwrite securities, deal with takeovers and mergers… finance: vt to provide or raise the funds or capital for finance: n financial: adj. e.g. financed a new car underwrite: vt to assume financial responsibility for; guarantee against failure e.g. underwrite a theatrical production issue: vt to circulate or distribute in an official capacity e. g. The government issues new bondsDifficult points in Reading A - Merchant banks in Britain raise funds for industry on the various financial markets, finance international trade, issue and underwrite securities, deal with takeovers and mergers ... finance: vt. to provide or raise the funds or capital for finance: n. financial: adj. e.g. financed a new car underwrite: vt. to assume financial responsibility for; guarantee against failure e.g. underwrite a theatrical production issue: vt. to circulate or distribute in an official capacity e.g. The government issues new bonds