Vocabulary 23/11/2019 EN Flashcards

1
Q

to incur

A

1) to experience something, usually something unpleasant, as a result of actions you have taken
2) I incurred a debt as a result of my gambling addiction

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2
Q

day-to-day business

A

1) daily tasks

2) We returned to our day-to-day business after the conference.

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3
Q

hassle-free

A

1) Without stress

2) The trip was hassle-free.

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4
Q

to audit

A

1) to check something

2) They audit the company‘s accounts once a year.

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5
Q

immediately

A

1) directly

2) All incoming goods are checked immediately.

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6
Q

assets

A

1) something a company or person owns that can be used to make money
2) My house and my car are my greatest assets.

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7
Q

bankrupt

A

1) When a company has gone broke

2) Gerry Weber went bankrupt in 2019

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8
Q

bankruptcy

A

1) Bankruptcy is the term for when a company is declared bankrupt by the Court because they are insolvent.
2)

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9
Q

to turn a blind eye

A

1) to pretend you don‘t notice something

2) We‘re not supposed to park here, but the police usually turn a blind eye.

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10
Q

credit-worthy

A

1) able to receive (get) money from the bank.

2) The company is credit-worthy, because they are good at economizing.

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11
Q

to have a say

A

1) Have the power to influence/make a decision about something.
2) The children want to have a say in the choice of our holiday destination.

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12
Q

deputy

A

1) a person who is responsible for taking on his boss’s duties if his boss is not there
2) The minister and his deputy attended the meeting

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13
Q

human resources

A

1) Department in a company which is responsible for the entire workforce
2) She works in human resources at a large company

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14
Q

loan

A

1) if you lend money, then that money is called a loan

2) He needs a loan to buy a new car

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15
Q

contract compliance

A

1) the department that makes sure the company and its employees and partners follow all rules and regulations
2) The contract compliance department still needs to look at this new plan.

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16
Q

comittee

A

1) A group of people who are responsible for an assigned project
2) The comittee approved the budget

17
Q

vice president

A

1) Officer in government below the president

2) He is the company’s vice president

18
Q

task

A

1) A piece of work to be done

19
Q

substitute

A

1) A substitute is someone who replaces another one

20
Q

to comply

A

1) to act according to a wish or command

21
Q

job opening

A

1) a position in a company that needs to be filled

22
Q

custom made

A

1) to manufacture goods according to the wishes of a specific customer
2) These tables are custom made.

23
Q

entrepreneur

A

1) a person who start his/her own business

2) Anna is going to be an entrepreneur soon when she starts her own business.

24
Q

bureaucracy

A

a complicated administrative procedure

25
to file
1) to submit a document | 2) At the end of January we have to file our assignment.
26
red tape
1) excessive bureaucracy to comply with official rules | 2) This law will just create more red tape.
27
downside
1) a negative aspect about something | 2) Being a rockstar is great but fame can have its downsides.
28
upside
1) a positive aspect about something | 2) Being self-employed has its upsides, like being able to plan your own schedule
29
annual report
1) a company's yearly report about activities and finances | 2) The finance department has to finish the annual report soon.
30
to relinquish
1) to voluntarily give up a responsibility | 2) Mr. Jackson relinquished his CEO position.
31
debt
1) a sum of money that is owed or due | 2) The company is deeply in debt.