Lesson 6 Flashcards
Win a tender
To be given a job, after submitting a tender
Meet/miss a deadline
To supply / fail to supply something by the agreed time
Penalty clause
Part of a contract specifying what will happen if an agreement is broken
Outstanding account
An account that has not yet been paid
Default on a payment
To fail to pay something that had been agreed
Distribute
To supply goods to shops and companies
Ship an order
To send out goods that have been ordered
to expire
To end - of something that was agreed for a fixed period
Morale
Amount of confidence felt by a person or group
Teamwork
Working together for a common purpose
Bankruptcy
A situation in which a person or business has no money to pay debts
Liquidation
Cause a business to close, so that its assets can be sold to pay its debts
Stock market
Market for buying and selling of part shares in companies
Crash
Suddenly fail
Bonus
Extra money, usually based on good performance or productivity
Funding
Money given by the government, an organization, or bank, to allow an activity to be carried out
Sector
Area of economic activity
Affinity
Feeling close to someone or something, because of something that is shared
Short-term
Immediate
Financial reward
Money gained
Soul damage
Emotional and spiritual harm
Tuned-in
Well-adjusted
Zip
Energy
Entrepreneur
Someone who starts their own business, used especially of someone who sees a new opportunity
Risk assessment
Working out how much risk might be involved in something
Propulsion
Force that pushes something forward
Intuition
Ability to know or understand something immediately without needing to think about it
Deliver great results
Produce great result
Put in / submit a tender
To supply a written offer to do a job for an agreed price
