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ENGLISH BUSINESS VOCABS > UNIT 3 > Flashcards

UNIT 3 Flashcards

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Proverbs and Idioms flashcards
1
Q

value-for-money

A

offering benefits at a lower price than one might expect

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2
Q

VAT (value added tax)

A

a tax that is added to the price of many goods and services, based on the idea that value is added at each stage of production or distribution

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3
Q

unit price

A

price for one item

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4
Q

term (of a loan)

A

the length of time that the loan will last

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5
Q

standing order

A

an instruction to a bank by an account holder to make regular fixed payments to a particular person or organisation

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6
Q

saving account

A

a long-tern bank account that pays interest, but where money can only be taken out by arrangement

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7
Q

revenue

A

the income that an organisation earns, usually a large amount

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8
Q

reminder

A

a letter sent to someone who has not paid on the agreed date

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9
Q

refund

A
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10
Q

receipt

A

a printed statement acknowledging that something has been paid for

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11
Q

profit

A

amount of money gained after the costs of making or getting it have been paind

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12
Q

pay off a loan

A

to pay back money borrowed

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13
Q

owe (dlužit)

A

to have to pay back something that is borrowed

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14
Q

overdraft facility

A

Maximum amount of money that a holder of a bank account is allowed to borrow from that account

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15
Q

outgoings

A

the regular expenditure of a business

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16
Q

maturity

A

the time when loans, investments, bonds MUST BE PAID BACK

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17
Q

mark-up

A

an increase in the price of something, usually the difference between the cost of buying or producing it

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18
Q

margin

A

the percentage of the amount that a product is sold for (profit for the seller)

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19
Q

lump sum payment

A

a single payment of money

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20
Q

loss

A

money that has been lost by a business

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21
Q

loan shark

A

A moneylender who charges unreasonably high interest rates

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22
Q

liquidity

A

state of having enough cash or things of value that can easily be turned into cash in order to pay debts

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23
Q

lease

A

to pay for the use of something, with the option of finally buying it

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24
Q

invoice

A

a list of goods or services that have been sold or work that has been done

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25
Q

interest rate

A

the cost of borrowing money, expressed as a percentage of the amount borrowed

26
Q

interest

A

amount charged for money that is borrowed

27
Q

instalment

A

one of a number of payments

28
Q

grant

A

A sum of money given for a particular purpose, f. ex. by the government

29
Q

fraud

A

the crime of getting money by deceiving people

30
Q

fixed costs

A

costs that do not vary with output

31
Q

fees

A

money paid to professionals (architect, layer)

32
Q

fare

A

money paid for a journey on public transport

33
Q

expenses

A

money spent while doing something, that is connected with one´s work, can be claimed back from customer (travel expenses)

34
Q

expenditure

A

the total amount of money, that is spent on something

35
Q

exchange rate

A

the value of one currency for the purpose of conversion to another

36
Q

economical

A

inexpensive to buy and use, offering good value for money

37
Q

due

A

required at a certain time or on a certain date

38
Q

donation

A

A sum of money that is donated to the charity

39
Q

discount

A

a reduction in the usual cost of something

40
Q

direct debit

A

an agreement made with a bank which allows a third party to transfer money from an account on agreed date

41
Q

deposit

A

a payment into a bank account, usually to gain interest
/ a sum payable as a first instalment on a purchase
/ a returnable sum payable on the rental of sth.

42
Q

default

A

to fail to repay a debt or loan

43
Q

debit

A

to remove an amount of money from an account

44
Q

debit card

A

a card allowing the holder to transfer money electronically from their bank account when making a purchase

45
Q

currency

A

the system of money in use in particular country, euros, dollars, pounds

46
Q

creditworhiness

A

The extent to which a borrower can be trusted to repay a debt

47
Q

creditor

A

a person or company to whom money is owed

48
Q

to credit

A

to add an amount of money to an account

49
Q

credit transfer

A

direct payment of money from one bank account to another

50
Q

credit risk

A

The possibility that a borrower will not repay a loan

51
Q

credit limit

A

the maximum amount that a lender will give a borrower

52
Q

credit control

A

a system used by a business to make sure that it gives credit only to customers who are able to pay and also that customers pay on time

53
Q

commission

A

an amount of money, typically a percentage of the value involved, paid to an agent in a commercial transaction

54
Q

charge

A

the amount of money that someone asks in return for goods or services

55
Q

cash flow

A

the balance between money received and paid by a business in a particular period, especially as it affects liquidity

56
Q

cash discount

A

a price reduction is given if a customer pay immediately or in cash

57
Q

bill

A

a printed or written statement of money owed for goods or services

58
Q

bank statement

A

information sent by a bank to a customer, showing payment transactions over a particular period

59
Q

allocation

A

the distribution of resources or duties for a particular purpose

60
Q

affordable

A

not too expensive to buy

61
Q

account

A

a record or statement of financial expenditure
/ an arrangement where a bank holds funds for a client

62
Q
A

ENGLISH BUSINESS VOCABS (9 decks)

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