basic business english

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Basic Business English



Money

Coined money (coins)

Folding money (banknotes)

Foreign currency

Funny money



Can you guess the meaning of:

Money spinner

Money bag

Money laundering Seed money



What can be done with money?

lend

borrow

earn

inheritrun out of

owe

save

raisepay

refund



lend – posuditi nekomu

borrow – posuditi od nekoga

earn – zaraditi

inherit – naslijeditirun out of – potrošiti sav novac

owe – dugovati

save – (u)štedjeti

raise – prikupiti (od donacija)pay – platiti, dati novce za nešto

refund – vratiti plaćen novac



Complete the following:

When a government or comany borows money frominvestors, the certificates it issues to them are calledB__________.

If you pledge something as a S____________ for aloan, you promise to give it to the person who lends you money if you fail to pay it back.



When a government or comany borows money frominvestors, the certificates it issues to them are calledBONDS.

If you pledge something as a SECURITY for a loan, you promise to give it to the person who lends youmoney if you fail to pay it back.



1. We’re organising a concert to .......... money for charity. 2. I .......... a lot of money for that car. It cost me over £20,000.3. If you’re unhappy with the product, just bring it back and we’ll

.......... your money.4. Could you .......... me £5? I’m flat broke.

- You already owe me £10, so .......... it from somebody else.5. When her father dies, she’s going to .......... a lot of money. 6. Building has stopped because the construction company has

.......... out of money.7. What’s your salary? How much money do you .......... ?

8. I try to .......... some money each week. I usually manage about£20.



1. We’re organising a concert to RAISE money for charity. 2. I PAID a lot of money for that car. It cost me over £20,000.3. If you’re unhappy with the product, just bring it back and we’ll

REFUND your money.4. Could you LEND me £5? I’m flat broke.

- You already owe me £10, so BORROW it from somebody else.5. When her father dies, she’s going to INHERIT a lot of money. 6. Building has stopped because the construction company has

RUN out of money.7. What’s your salary? How much money do you EARN?

8. I try to SAVE some money each week. I usually manage about£20.



Money you can get…

What is the difference between:

Salary

Pay

Wages Fee

Income

Damages Reward

Scholarship



Money you have to give…

Bill

Fine

Toll

Tax Tuition fee

Contributions



Fill in the blanks with the words below:

fine, fee, bill, charges, damages, salary, wages, income, check

There will be an increase in postal and telephone ________.

Have you seen our telephone _______ this month?

John got $2,000 in _________ from the bus company he hadsued.

He waved to the waiter to get the _____.

She paid a $1,000 _____ for _____ tax evasion.

There is a difference in ______ between a manager and an

employee. My lawyer’s __________ was higher than I expected.

He lives on occasional daily ___________.



There will be an increase in postal and telephoneCHARGES.

Have you seen our telephone BILL this month?

John got $2,000 in DAMAGES from the bus company he had sued.

He waved to the waiter to get the CHECK.

She paid a $1,000 FINE for INCOME tax evasion.

There is a difference in SALARY between a managerand an employee.

My lawyer’s FEE was higher than I expected.

He lives on occasional daily WAGES.



„Račun”

What is the difference between:

Account

Bill

Invoice Receipt



Bank account

Current account – tekući račun

Joint account – zajednički račun

Foreign-exchange (currency) account – devizni

račun Transfer account – žiro račun



Remuneration

From the Constitution:

Every employee has the right to fair remuneration.

Can you guess the meaning of the wordremuneration?



Complete the following with the words below:

job, business, vocation, profession, work, labour

I would like my son to take over the ___________ when I retire.

After school, I got a ________ in a bank. He was sentenced to three years of hard ________.

He is the best there is in the medical _________.

I finish _______ at 4. I always knew nursing was my _____________.



I would like my son to take over the BUSINESS whenI retire.

After school, I got a JOB in a bank.

He was sentenced to three years of hard LABOUR. He is the best there is in the medical PROFESSION.

I finish WORK at 4.

I always knew nursing was my VOCATION.



Shares

Company shares are listed or quoted on theS_________ market or E__________.

A person who owns shares in a company is called a

S________________. If you want to buy or sell shares, you need the

services of a B_________ (D________).



Company shares are listed or quoted on the STOCK market or EXCHANGE.

A person who owns shares in a company is called a

SHAREHOLDER. If you want to buy or sell shares, you need the

services of a BROKER (DEALER).



Stock market

When prices reach record levels reflecting higheconomic G___________, we talk about aB__________ on the stock market.

A period with little or negative growth is aR____________ (or a S_________).



When prices reach record levels reflecting higheconomic GROWTH, we talk about a BOOM on thestock market.

A period with little or negative growth is aRECESSION (or a SLUMP).



GDP

GDP - Gross domestic product

The total value of all the goods it has produced andthe service it had provided in a particular year.



Companies

The activities of managing companies and startingnew ones is called E_____________. The peopleinvolved in it are E_________________.

Unsuccessful companies may go out of business orB______________.



The activities of managing companies and startingnew ones is called ENTERPRISE. The peopleinvolved in it are ENTREPRENEURS.

Unsuccessful companies may go out of business orBANKRUPT.



Financial districts

The financial district of London is The C______, which corresponds to W_______ ________ inNew York.



The financial district of London is The CITY, whichcorresponds to WALL STREET in New York.



Thank you for your attention!

basic business english

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