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http://goo.gl/b4OLC6 - International Banking Vocabulary: A strong business vocabulary is a key to success at the office. English is the universal language of money in our global interdependent economy. Learn seven (7) additional useful international banking terms to improve your business vocabulary today - http://goo.gl/b4OLC6 !
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By: H. E. Colby,
author of Top 150 Business English Ace Vocabulary Words
a production of businessenglishace.com
first refusal:
NOUN : the right of a second party to buy shares or property on the same
terms as a first party.
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first refusal:
Example : The angel investors were able to buy a stake in Mykonos Tower I
under first refusal.
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gross margin
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gross margin:
NOUN : profit after deduction of all costs of material, labor and factory
overhead, but before selling and administrative costs
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gross margin:
Example: CEO always worry about maintaining the gross margins of their
business to remain profitable.
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lien
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lien:
NOUN : a form of security interest granted over an item of property to
secure the payment of a debtor who fails to meet the obligations of a loan
contract a production of businessenglishace.com
lien:
Example: The tax agency imposed a lien on the bakery when the owner did
not pay his levy.
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liquidity
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liquidity:
NOUN : the ability to turn assets into cash.
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liquidity:
NOUN : The junior accountant warned his manager that the firm faced a
crisis of liquidity if cash reserves were not increased.
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par value
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par value:
NOUN : the stated face value of a share shown on a stock certificate (no
longer permitted by modern corporate statutes).
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par value:
Example : The par value rarely has any relationship with book value of a
stock.
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piggyback
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piggyback:
NOUN : A clause which allows a party the same rights as another if the
other takes certain actions.
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piggyback:
NOUN : Roskets Sprockets, Inc. used a piggyback sell agreement to dump
worthless shares of Kimbel Soup, Inc.
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P and L Statement
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P and L Statement:
NOUN : Profit and Loss Statement - A financial statement which shows the
revenue and expenses of an operation over a given period of time
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P and L Statement:
NOUN : Accounting prepares a P and L Statement every month for the boss.
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Thank you for joining me to learn another important
Business English Ace Vocabulary Word.
Please sign up for my Business English Ace newsletter
for more Business English tips!
a production of businessenglishace.com
Professor Colby, author of 150 Business English Ace
Vocabulary Words, has been helping students achieve
their English language goals for many years.
Tweet your friends about the vocabulary series!
Sign up for my Business English Ace Newsletter for more English tips!