pre-paid expense/deferred expense | a cost that is paid in advance of being incurred (rent, insurance) | |
liquidity | the degree to which assets can easily be sold, with a minimum loss of value | |
annual general meeting (AGM) | yearly meeting with the directors to which companies have to invite all shareholders | |
quorum | a minimumnumber of directors and shareholders who must be present(AMG) so that decision can be taken | |
break even | to make neither a profit nor a loss | |
bail out/bale out | to help an organization in a difficulty by lending it mmoney | |
accounts payable creditors | amounts od money owed to supliers for purchases made on credit | |
authorized share cpital | tha maximum amount of a particular type of share a company can issue according to its memorandum | |
book value/carrying value | the worth of an assets as recorded in a company's accounts(cost-accounted depreciation) | |
rate of return | the annual percentage amount of income provided by an investment | |