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- to sell shares of a company to the general public
We decided to take our company public in order to raise money to expand our factory.
Take (something) at face value
- to take something that is said exactly as it is said
I took my friend's comment at face value.
Take stock
- to count the items of merchandise or supplies in stock at a business, to take inventory
The department store closes for three days every March in order to take stock.
Test market a product
- to research whether or not a product will be successful by selling it in a particular market or by choosing people to use the product for a specified period of time and receiving comments from them
The computer company will begin to test market their new computer in several cities soon.
Throw cold water on (something)
- to discourage or forbid something
The manager threw cold water on our plan to close the factory for one week in August.
Throw money at (something)
- to try to solve a problem by spending money on it
The president of our company is willing to throw much money at the factory problem.
Tight spot
- a difficult situation
The computer company has been in a tight spot since the shortage of computer chips appeared.
Turn a profit
- to make a profit
The supermarket has been turning a profit since it opened.
Turn over
- to do business to a certain amount of money or product
We turn over most of our stock every month.
The company turns over much money every week.
Turnover (of products)
- the rate at which a product is sold and replaced
The turnover of cold drinks is very high in the store.
Turnover (of workers)
- the rate at which employees join and leave a company
The turnover of workers in the new restaurant is very high.
Word-of-mouth advertising
- orally from one person to another, a form of advertising where a satisfied customer tells friends about a particular product
The new shampoo is doing very well because of word-of-mouth advertising.
Work out
- to have a specific result
I do not believe that the new plan is going to work out.
Work out (a problem)
- to solve a problem, to provide the details of something
I spent the weekend trying to work out the budget estimates for next year.
Work overtime
- to work more than one's regular hours
I worked overtime every Friday last month.
write off (a debt/loan)
- to remove a debt/loan from a business record, to cancel a debt
It was impossible for the bank to collect the money so they were forced to write off the loan.
accounting Idioms
Balance the books
- to check that all the money in a business is accounted for
The accountant spent several days trying to balance the books of his company.
Bean counter
- an accountant
We asked the bean counters to look at the figures in the new budget.
Bottom line
- the total, the final figure on a balance sheet, the results (of a business)
After we examined the bottom line of the company we decided not to invest in it.
Break even
- to have expenses equal to profits
After three months the company was able to break even and begin to make a profit.
budget crunch/squeeze
- a situation where there is not enough money in the budget
There is a severe budget squeeze at our company.
carry over figures/numbers/costs
- to transfer a figure or number or cost from one column or time to another
Our company will carry over last year's losses to this year.
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