Deck #1 - Business Terms Flashcards
above board (adj) [not before a noun]
honest and legal
acquire (v)
if one company acquires another, it buys it
acquisition (n)
when one company buys another or part of another company, or the company, or the company or part of a company that is bought
advertising campaign (n)
an organization’s programs of advertising activities over a particular period with specific aims, for example an increase in sales or awareness of a product
agenda (n)
a list of the subjects to be discussed at a meeting; the things that someone considers important or that they are planning to do something about
aggressive (adj)
an aggressive plan or action is intended to achieve its result by using direct and forceful methods; an aggressive person or organization is very determined to achieve what they want
alliance (n)
an agreement between two or more organizations to work together
AOB (n)
any other business; the time during a meeting when items not on the agenda can be discussed
application (n)
a formal, usually written, request for something or for permission to do something; a formal request for work; a practical use of for something; a piece of software for a particular use or job
apply (v)
to make a formal, usually written request for something especially a job, a place at university, or permission to do something; to use something such as a law or an idea in a particular situation, activity, or process
approximate (adj)
an approximate amount number etc is a little more or a little less than the exact amount, number etc.
asset (n)
something belonging to an individual or a business that has value or the power to earn money
attend (v)
to go to an event such as a meeting
attribute (n)
a characteristic, feature, or quality
awareness (n)
knowledge or understanding of a particular subject, situation, or thing
background (n)
someone’s past, for example their education, qualifications, and the jobs they have had
balance sheet (n)
a document showing a company’s financial position and wealth at a particular time. The balance sheet is often described as a ‘photograph’ of a company’s financial situation at a particular moment
bankrupt (n)
someone judged to be unable to pay their debts by a court of law and whose financial affairs are handled by a court official until the debts are settled
bankrupt (adj)
not having enough money to pay your debts
bankrupt (v)
to make a person, business or country go bankrupt
bankruptcy (n)
when someone is judged to be unable to pay their debts by a court of law, and their assets are shared among their creditors (those that they owe money to)
bank statement (n)
information sent regularly by a bank to a customer, showing the money that has gone into and out of their account over a particular period
barrier to trade also trade barrier (n)
something that makes trade between two countries more difficult or expensive, for example a tax on imports
benchmark (n)
something that can be used as a comparison to judge or measure other things; good performance in a particular activity in one company that can be used as a standard to judge the same activity in other companies
