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- to stop taking orders, to end a bookkeeping period
The company will close the books at the end of December.
Crunch numbers
- to do mathematical calculations
The accountant loves to crunch numbers and he is one of the top managers in our company.
figure out (something) or figure (something) out
- to find an answer by thinking about something
Everybody is trying to figure out what our boss is going to do with the new equipment.
Go over the books
- to check and analyze the accounting records of a company
We hired an outside accountant to go over our books.
In the black
- to be successful, to be making money, to be profitable
The new company has been in the black for many years.
In the red
- to be losing money, to be unprofitable
The company has been in the red since the price of oil began to rise rapidly.
Keep books
- to keep records of money that is gained or spent
The new sales manager does not know how to keep books and he makes many mistakes.
A number cruncher
- an accountant, someone who works with numbers
Our company president is a good number cruncher and he understands the finances of our company.
Red ink
- debt (the red ink on a financial statement)
The automobile company has much red ink because of the bad economic conditions.
Saddled with debt
- to be burdened with debt
Our company is saddled with debt and must do something about it quickly.
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.
advertising Idioms
Bang for the buck
- value for the money spent
We were able to get much bang for the buck when we advertised on the Internet.
Plug a product
- to promote a product
The soccer star makes a lot of money when he agrees to plug a product.
Run an ad
- to place or put an advertisement in a publication
The government will run an ad to tell the public about the new gas tax.
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.
banking Idioms
bail a company out or bail out a company
- to rescue a company with financial problems
The government bailed out the bank to maintain stability in the economy.
banker's hours
- short work hours (similar to a bank)
My friend owns his own company and works banker's hours most days.
Bankroll someone
- to supply someone with money, to finance someone
The movie actor bankrolled his son while the son was producing his first movie.
Bounce a check
- to write a check in which you do not have enough money in your bank account
The young man bounced a check when he tried to pay his rent.
Buy a stake in (something)
- to buy part ownership of a company or other enterprise
The large bank is planning to buy a stake in the small stock trading company.
A calculated risk
- an action that may fail but has a good chance to succeed
The company took a calculated risk when they put the new computer screen on the market.
Call a loan
- to demand the immediate and complete payment of a debt/loan
The bank recently called the loan of the small business.
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