Vocabulary Flashcards
Acquisition
(Noun) an action in which a company buys another, or part, of the target company‘s ownership stakes
Affluent
(Adjective) existing in abundancy, rich „We‘re affluent enough to pay for another consultant“
Affordability
(Noun) Conclusion drawn from the analysis of the ‚life cycle cost‘ of proposed acquisition, that the purchase is in accord with the resources and long term requirements of the acquirer
„You need to make sure that your product has affordability so that people can see that there is strong value in it.“
Allocate
(Verb + object) to divide and give out (something) for a special reason or to particular people, companies, etc.
„Have enough funds been allocated to finance this project?“
Angel investor
(Noun) Usually, a former entrepreneur or professional who provides starting or growth capital in promising ventures, and helps also with advice and contacts. Unlike venture capitalists, angel investors usually operate alone (or in very small groups) and play only an indirect role as advisors in the operations of the investee firm.
„If you are a new business just starting out finding the right angel investor can really get you going in the right direction.“
Assessment center
(Noun) a location where applicants are assessed by recruiters in one session of several tasks. The purpose is to assess the abilities and competences of the applicants.
Asset
(Noun) item of ownership which has value or the power to earn money (opposed to liabilities)
Board of directors
(Noun) management committee of a limited company, the members of which are appointed by the shareholders whose interests they represent. They meet under the company chairman to decide on major policy matters and the appointment of key managers.
Brand
(Noun) Unique design,sign, symbol, words, or a combination of these, employed in creating an image that identifies a product and differentiates it from its competitors. Over time, this image becomes associated with a level of credibility, quality, and satisfaction in the consumer‘s mind (see positioning). Thus brands help harried consumers in crowded and complex marketplace, by standing for certain benefits and value. Legal name for a brand is trademark and, when it identifies or represents a firm, it is called a brand name.
„The business submitted requests for a new logo and brand design, to enhance their appeal to the consumer both visually and conceptually.“
Break-even point
(Noun) when total income from sales equal total costs and the company makes neither a profit not a loss
„The company finally reached its break-even point after two years in business.“
Bubble
(Noun) Temporary condition caused by unjustified speculation in the price of a stock or commodity to a level that bears no relation to its real worth or potential. Bubbles inevitably fail (burst), wiping out the savings of unsophisticated or unsuspecting investors.
„Sometimes a stock may be about to bubble and if you can figure that out before you can make a lot of money.“
Capacity
(Noun) the total amount that can be contained or produced
„The factory suffered from a low production capacity“
Capital
(Noun)
- Wealth in the form of money or assets, taken as a sign of the financial strength of an individual, organization, or nation and assumed to be available for development or investment.
- Accounting: Money invested in a business to generate income.
- Economics: Factors of production that are used to create goods or services and are not themselves in the process
„I have invested all of my capital in long term investments hoping to make my retirement funds increase and go further“
Centralization
(Noun) when every decision is made by senior management.
„Due to the centralization of the decision making, supervisors can not make quick decisions.“
Cluster
(Noun) a group of the same or similar elements (in this case businesses) situated close together.
