wordki.pl - nauka słówek
Finance, test 5 English-English
autorzy: kepek, ...
go publicto float the shares of a company
hard currencya currency that is traded in a foreign exchange market and for which there is demand
haggleto negotiate the price
hedge funda unit trust that takes considerable risk
high yielda return on investment that is higher than average
hire purchasea method of paying for a product or service where the buyer pays a series of instalments
hostile bida takeover bid that is opposed by the target company
hot issuea new security that is expected to trade at a significant premium on its issue price
hyperinflationvery rapid growth in the rate of inflation
illiquidnot easily convertible into cash
IMFInternational Monetary Fund
income redistributiona government policy to redirect income to a targeted sector of a country's population
income taxtax levied on any income
inflation ratea rate at which the general price level increases
inheritance taxtax payable on property inherited after somebody's death
initial public offeringthe first instance of making shares available to the public
insolvencythe inability to pay debts
insurance brokera person or company that sells insurance contracts
interestthe rate that a lender charges for a loan
interest rate capan upper limit on interest rates
interest yieldthe annual rate of interest earned on a security
interim dividenda dividend whose value is determined on the basis of a period less than a full fiscal year
Internal Revenue Servicetax office
invoicedocument that the supplier sends to a customer detailing the cost of product and requesting payment
joint venturea project undertaken by two or more parties
killer beesomebody who helps a company avoid being taken over, especially a banker
ledgera book in which transactions are recorded
legal tenderbanknotes and coins accepted within a given jurisdiction
lesseethe person who uses a leased asset
lessorthe person who provides the asset being leased
letter of intenta document in which a company indicates its desire to do something, e.g. to buy a business
liquidatorthe person appointed to sell assets of an insolvent company
loan sharksomebody who lends money at excessively high rates of interest
long-term debtloans that are due after at least one year
long-term liabilitiesloans that are due after at least one year
luxury taxa tax on goods or services that are non-essential
majority shareholdera shareholder with a controlling interest in a company
management buy-outpurchase of an existing business by individual manager or management group from within that business
marginthe difference between the cost and the selling price of a service
market economyan economy in which a free market in goods and services operates
mature economyan economy that is no longer growing rapidly
money launderingthe process of making money obtained illegally appear legitimate
moral hazardthe risk that the existence of a contract will cause behavioural changes in one or both parties
mortgagea credit to finance the acquisition of land and real property
multinational corporationa corporation operating in different countries
national debtthe total borrowing of a country's government
near moneyassets that can be quickly turned into cash, e.g. bank deposits, short-dated bonds
non-profit organisationan organisation that does not have financial profits as a main strategic objective
NYSENew York Stock Exchange
offer for salean invitation to buy