Lesson 6 Flashcards

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1
Q

Win a tender

A

To be given a job, after submitting a tender

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2
Q

Meet/miss a deadline

A

To supply / fail to supply something by the agreed time

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3
Q

Penalty clause

A

Part of a contract specifying what will happen if an agreement is broken

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4
Q

Outstanding account

A

An account that has not yet been paid

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5
Q

Default on a payment

A

To fail to pay something that had been agreed

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6
Q

Distribute

A

To supply goods to shops and companies

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7
Q

Ship an order

A

To send out goods that have been ordered

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8
Q

to expire

A

To end - of something that was agreed for a fixed period

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9
Q

Morale

A

Amount of confidence felt by a person or group

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10
Q

Teamwork

A

Working together for a common purpose

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11
Q

Bankruptcy

A

A situation in which a person or business has no money to pay debts

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12
Q

Liquidation

A

Cause a business to close, so that its assets can be sold to pay its debts

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13
Q

Stock market

A

Market for buying and selling of part shares in companies

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14
Q

Crash

A

Suddenly fail

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15
Q

Bonus

A

Extra money, usually based on good performance or productivity

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16
Q

Funding

A

Money given by the government, an organization, or bank, to allow an activity to be carried out

17
Q

Sector

A

Area of economic activity

18
Q

Affinity

A

Feeling close to someone or something, because of something that is shared

19
Q

Short-term

A

Immediate

20
Q

Financial reward

A

Money gained

21
Q

Soul damage

A

Emotional and spiritual harm

22
Q

Tuned-in

A

Well-adjusted

23
Q

Zip

A

Energy

24
Q

Entrepreneur

A

Someone who starts their own business, used especially of someone who sees a new opportunity

25
Q

Risk assessment

A

Working out how much risk might be involved in something

26
Q

Propulsion

A

Force that pushes something forward

27
Q

Intuition

A

Ability to know or understand something immediately without needing to think about it

28
Q

Deliver great results

A

Produce great result

29
Q

Put in / submit a tender

A

To supply a written offer to do a job for an agreed price