Chapter 6 Flashcards
BONUS
A temp
a person employed to work for a short period,esp. in an office while another person is absent pr when is extra work
outstanding bills
bills not paid yet
clerical
relating to work done in an office
raw
not processed in a natural state
USP
Unique selling proposition/proposal
Equity
the value of the company which is divided into many equal parts owned by the shareholders
outright
completely or immediately
a term sheet
a bullet point document outlining the material terms and conditions of a business agreement
due diligence
the process of carefully examining sth for sb esp. before agreeing to buy it or employ them
overdraft
an amount of money that a customer with a bank account is temporarily allowed to owe to the bank
come up
arise
turn down
reject
put forward
present/ submit
work out
fins out by doing mathematical sums
check out
investigate