x | x | |
tariff | a government duty imposed on imports | |
tax evasion | the illegal practice of paying less money in taxes than is due | |
tax haven | a country that has very low taxes | |
tiger | any of the key markets in the Pacific region, except Japan: Hong Kong, South Korea, Singapore and Ta | |
tight money | a situation where it is expensive to borrow money | |
Treasury | a government department responsible for the nation's financial policies, as well as the management o | |
turnover | total sales revenue for an accounting period | |
tyre kicker | a potential customer who asks for information and requires attention but does not buy anything | |
unemployment | the situation when some members of a country's labour force are willing to work but cannot find empl | |
unlimited liability | full responsibility for the obligations of a general partnership | |
unlisted company | a company that has no securities listed on a stock exchange | |
variable interest rate | an interest rate that changes in relation to a standard index during the period of a loan | |
VAT | value-added tax | |
wages | a form of pay given to employees for the work they have done on a weekly basis | |
wear and tear | the deterioration of a tangible fixed asset as a result of normal use | |
wholesale price | a price charged to customers who buy large quantities of an item | |
white knight | a person or entity liked a company's management who buys the company when a hostile company is tryin | |
whizz kid | a young, successful person who makes a lot of money in large financial transactions | |
white elephant | a product or service that has not sold well despite large amounts of money pumped into its developme | |
write-off | a reduction in the recorded value of an asset, usually to zero | |
yield | a percentage of the amount invested that is the annual income from the investment] | |