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business AAA
business
| Term | Definition |
|---|---|
| repayment servicing | when a company repays its debt and/or interest on it. |
| burden | a company’s debt. |
| crisis | when a company has serious difficulty repaying debts. |
| rescheduling/restructuring | when a company persuades lenders to change repayment dates and terms. |
| default | when a company fails to make a debt repayment. |
| uncertain | when something is not clear |
| agility | ability to think quickly, solve problems and have new ideas. |
| severity | the seriousness of something bad. |
| calculated gamble | plan that involves risks but will bring important benefits if successful. |
| desire | feeling of being interested in something or wanting it very much. |
| discipline | a subject that people study. |
| purpose | aim that someone wants to achieve or that something is intended to achieve. |
| equip someone with | provide someone with the required skills to deal with a situation. |
| biases | things that you consider to be true of your own decision and with no proof. |
| agenda - | plans or aims that you have not shared with others. |
| liability - | when the maker of a product is responsible for an injury that the product causes. |
| damages - | money that a court orders someone to pay to someone else. |
| portfolio - | the collection of all policies held by an insurer. |
| accumulation - | the total combined risks that could be involved in a single loss event. |
| catastrophe - | a terrible event that causes a lot of destruction and suffering, |
| bear the brunt - | suffer the worst part of something unpleasant. |
| spring to mind - | immediately think of something. |
| meet a need - | be good enough to do what someone needs, wants or expects. |
| pave the way - | make it possible for something to happen in the future. |
| spread the risks - | reduce the chance of a large loss by sharing risks. |
| a consumer - | a person who buys goods or services for themselves. |
| supply - | provide something that people want or need, often in large quantities. |
| a rival - | a person or a group that competes with others for the same thing. |
| overtake - | go past something by being better. |
| a multinational - | a company producing and selling products in several different countries. |
| regain - | get back something that you lost. |
| a monopoly - | complete control of something by an organization or person. |
| match - | be as good as someone or something else. |
| ahead of the curve - | better than average. |
| corner the market - | become so successful at selling a product that no other company can compete. |
| go the extra mile - | do more and make a lot of effort. |
| keep your eye on the ball - | keep your focus on something. |
| raise the bar - | increase expected standards. |
| think outside the box - | think in an imaginative and innovative way. |
| blow out of the water - | destroy completely. |
| niche player - | company that is present in a small segment of a market. |
| mass market - | largest source of customers. |
| market share - | proportion of a market that a company occupies. |
| core business - | central activity of a company. |
| profit margin - | difference between costs and sales. |
| in the black - | in credit |
| in the red - | below credit. |
| a loan - | borrowed money that must be repaid. |
| a grant - | money that does not have to be repaid. |
| a debtor - | owes money |
| a creditor - | is owed money. |
| a dividend payment - | part of a profit paid to shareholders |
| an interest payment - | the cost of borrowing money. |
| liabilities - | the total amounts of money owed by a business |
| assets - | total amounts of money a business has |
| a return - | amount of profit made on an investment |
| an overdraft - | line of credit available in a bank account. |
| to go into liquidation - | a company stops operating because of financial difficulties |
| into debt - | a company goes into financial difficulty. |
| collateral - | security for a loan in the form of an asset |
| deposit - | percentage of a full payment that is given as security. |
| angel investor - | wealthy private investors focused on financing small business ventures in exchange for equity. |
| equity - | value of the shares issued by a company. |
| business angels - | individuals with high networth and business experience, who directly invest part of their assets in new and growing private businesses. |
| bank finance – | processes between lenders and borrowers. |
| equity finance - | when you raise money by selling shares in your business. |
| debt fundraising - | borrowing money from investors or lenders while the company retains ownership. |
| venture capital funds - | pooled investment funds that manage the money of investors who seek private equity stakes in startups. |
| go the distance - | finish something you have started. |
| get a lucky break - | a sudden chance to do something that allows you to become successful in your job. |
| hedge your bets - | reduce your chances of failure by trying several possibilities instead of one. |
| keeping your ears to the ground - | make sure you always know what's happening in a situation. |
| debtor - | a person or company who owes money. |
| personal assets - | property owned by a person. |
| downturn - | a reduction in the success of a business or economy. |
| go bust - | go bankrupt. |
| boycott - | refusing to buy from a company or country as a way of protesting. |
| bully - | use strength to influence other people. |
| reserves - | supply of something that is not needed for immediate use but is available if needed. |
| tough - | not soft. |
| persistent - | continuing to behave in a certain way. |
| on time - | not late. |
| timely - | at the right time. (adj) |
| cope with - | deal with. |
| settle - | pay what you owe. |
| hesitate - | pause before doing something because of uncertainty. |
| affirmative action programme - | steps taken in the US to avoid discrimination. |
| sweatshop labour - | when manual workers are employed in bad conditions with very low pay. |
| discrimination - | when one group is unfairly treated differently from another. |
| exploit - | to pay people badly and make them work in bad conditions. |
| socially responsible - | behaving in a way that is not harmful to people or the environment. |
| ethical investment - | putting money into activities that do not harm people or the environment. |
| green issues - | topics related to the environment. |
| activist - | someone who takes direct action on social or other issues. |
| code - | written set of rules of behaviour. |
| ethics - | rules that someone uses to decide whats important to them and how they should behave in certain scenarios. |
| slavery - | practice of forcing people to work for you for free and treating them like property. |
| morale - | level of confidence and happiness that people have in a particular situation. |
| lawfully - | acting in a manner that is legal. |
| beneficial - | having positive effects for someone or something. |
| operate - | function as a business. |
| amoral - | acting in a way that is not concerned with what is the right thing to do. |
| insider dealing/trading - | someone buys or sells securities using information that is not publicly available. |
| chinese walls - | measures you can take to stop knowledge in one department being illegally used by another department. |
| price fixing - | companies agreeing to fix prices at a certain level to erase competition. |
| market rigging - | investors working together to stop a financial market functioning as it should for personal advantages. |
| bribe = backhander = kickback - sweetener - | an illegal payment to persuade someone to do something. |
| corruption = | sleaze. |
| counterfeit - | money. |
| fake - | items. |
| fraud - | someone offers to lend money, but demands that the payer pays a ‘fee’ beforehand |
| embezzlement - | getting money illegally from their employer. |
| money laundering - | hiding the illegal origin of money. |
| racketeer - | person who demands ‘’protection money’’ from businesses and takes extreme measures if refused. |
| cheating - | not playing by the rules. |
| fine - | money that you have to pay for breaking the law. |
| settlements - | agreements both sides involved in a legal dispute accept or are forced to accepts by a court. (often in the form of monetary payment) |
| transparency - | honest way of doing things that allows other people to know exactly what you are doing. |
| prosecute - | try to prove in court that someone is guilty of a crime. |
| duped - | tricked into believing something that is not true or accepting something that is illegal. |
| fraud - | action of producing false documents or information to get what you want. |
| rogue - | word used to describe someone who strays from usual behaviour in the group and is likely to be dangerous and cause problems. |
| compartmentalization - | act of keeping things separate in your mind. |
| empathy - | ability to understand how someone feels because you can imagine what it is like to be them. |
| ethics - | set of principles that people use to decide what is right and what is wrong. |
| compliance - | practice of obeying a law, rule or request. |
| surreptitious - | done or made secretly so that others will not notice. |
| c-suite executives - | the most important senior executives in a company. |
| corruption - | illegal behaviour by people in positions of power. |
| revocable - | when something is able to be changed or stopped. |
| corporate governance - | a system of rules, practices and processes by which a company is directed and controlled. |
| enforced - | rules that are made sure to be obeyed. |
| sweatshops - | factories where people work very hard in bad conditions and earn very little money. |
| international acceptance - | agreement among all the people involved. |
| in the long run - | do something that will be benefitial in the span of a long time. |
| the pursuit of wealth for its own sake - | pursuing wealth just to get wealthy, with no real purpose. |
| a bad state of affairs - | facing a problematic situation. |
| business codes of conduct - | set of rules of behaviour that has to be followed in a company. |
| corporate social responsibility - | a company’s commitment to carry out business in an ethical way. |
| there are no ready answers - | a situation that is complex does not have a simple answer. |
| burden - | a company’s debt. |
Created by:
gustee
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