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1. Partnership - is unincorporated business. Like corporations, partnerships are separate entities from the shareholders. Unlike corporations, partnerships must have at lease one General Partner who assumes unlimited liability for the business. Partnerships must have at least two shareholders.
2. Sole proprietorship - is a type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the business.
3. Public company - is a limited liability company that offers its securities (stock/shares, bonds/loans, etc.) for sale to the general public, typically through a stock exchange, or through market makers operating in over the counter markets.
4. Private company - is a separate legal entity distinct from its shareholders. A private company is liable for its debts and creditors cannot sue the shareholders for the payment of these debts.
5. Shares - a unit of ownership that represents an equal proportion of a company's capital.
6. Stock Exchange - is a form of exchange which provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and dividends.
7. Executives – people who run companies or government agencies. They create plans to help their organizations grow.
8. Annual stockholders meeting - a meeting that official bodies, and associations involving the general public (including companies with shareholders), are often required by law to hold. It is held every year to elect the board of directors and inform their members of previous and future activities.
9. Corporate tax – a levy placed on the profit of a firm, with different rates used for different levels of profits. Corporate taxes are taxes against profits earned by businesses during a given taxable period.
10. Franchising - the practice of using another firm's successful business model.
11. Royalty payment - a set amount of money that a business franchise owner must pay to be part of a franchise system.
12. Subsidiaries/ parent company - a company that is completely or partly owned and partly or wholly controlled by another company that owns more than half of the subsidiary's stock. The controlling entity is called its parent company.
13. Stockholders - an individual, group, or organization that holds one or more shares in a company, and in whose name the share certificate is issued.
14. Assets - a piece of property or equipment purchased exclusively or primarily for business use.
15. A logo (logotype) - distinctive design, mark, or symbol that uniquely identifies a firm. A corporate logo is a powerful corporate identity tool and, the symbol by which public recognizes a firm.
16. corporate client – has an expense account that can be tax deductible on said company's ledger. For example, if you are a caterer a corporate client can write off the expense of paying for food being deliverd as a business expense. Ususally corporate clients have large events or consistent requirements for services. A weekly brunch that is catered or the annual picnic that is budgeted into the books.
17. bank margin – the difference between the interest rates on loans and deposits.
18. to debit -when a bank debits an account, it takes money from it.
19. to deposit – to put something down in a particular place; to put money or something valuable in a bank or other place where it will be safe.
20. interest rate – the percentage that an institution such as a bank charges or pays you in interest when you borrow money from it or keep money in an account.
21. minimum balance account – a small amount of money someone has in a bank account.
22. credit card – a small plastic card that you use to buy goods or services and pay for them later.
23. check card – a special plastic card, similar to a credit card, that you can use to pay for things directly from your checking account [= debit card].
24. loan from the bank – an amount of money loaned at interest by a bank to a borrower, usually on collateral security, for a certain period of time.
25. transaction – a business deal or action, such as buying or selling something.
26. distribution – the act of sharing things among a large group of people in a planned way; when goods are supplied to shops and companies for them to sell.
27. checking account – a bank account that you can take money out of at any time, and for which you are given checks to use to pay for things [= current account Brit En].
28. savings account – a bank account in which you keep money that you want to save for a period of time, and which pays you interest on the money you have in it.
29. financial supermarkets - An institution or company that offers a wide range of financial services under one roof. Financial supermarkets provide services which typically include banking, stock brokerage and insurance, and occasionally real-estate brokerage.
30. a bank account – an arrangement between a bank and a customer that allows the customer to pay in and take out money.
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