WFI Grundstudium Sommersemester 2005

Vokabelliste der English Tuesday and Friday Group

Above par Absolute advantage ber Pari, ber dem Nennwert absoluter Kostenvorteil Equal value; equality of nominal and actual value; the value expressed on the face or in the words of a certificate of value, as a bond or other commercial paper a business situation in which a provider of goods or services is more profitable or efficient than all of its competitors, by having a smaller total input per unit of output An Accelerated Cost Recovery System method for writing off the cost of a capital asset by taking the largest deductions in the early years of the assets life an arrangement with a bank to keep your money there and to allow you to take it out when you need to someone who keeps or examines the records of money received, paid and owed by a company or person the skill or activity of keeping records of the money a person or organization earns and spends The period covered by financial reports. For example, an annual report covers a fiscal period of one year, but a quarterly report includes accounting data for three months. a principle that governs current accounting practice and that is used as a reference to determine the appropriate treatment of complex transactions someone to whom money is owed someone who owes money 1

Accelerated depreciation Account Accountant Accounting Accounting equation Accounting period (fiscal period) Accounting principles Accounts payable/ creditors Accounts receivable debtors

beschleunigte, vorzeitige, erhhte Abschreibung Konto Buchhalter, Wirtschaftsprfer Buchhaltung, Rechnungswesen Bilanzgleichung, Kontenabstimmung Abrechnungszeitraum

Bilanzierungsrichtlinien Kreditoren Debitoren

add add up Administer Administration Administrator Advertisement Advertising Advertising agency Advertising campaign advertising copy advertising medium after-sales service aggregate demand government spending. aggregate supply agriculture allocate (v.)

hinzufgen addieren verwalten Verwaltung Verwalter Anzeige Werbung Werbebro Werbekampagne Werbetext Werbemittel Kundendienst Gesamtnachfrage Gesamtangebot Landwirtschaft zuteilen

to put something with something else to increase the number or amount or to improve the whole to calculate the total of two or more numbers to control the operation or arrangement of something; to manage or govern the arrangements and tasks needed to control the operation of a plan or organization One who administers, especially one who works as a manager in a business, government agency, or school a public promotion of some product or service The activity of attracting public attention to a product or business, as by paid announcements in the print, broadcast, or electronic media an agency that designs advertisement to call public attention to its clients an organized program of advertisements The sum of all personal consumption expenditures, business expenditures, and The sum of all goods and services produced in a particular time period. the science or practice of farming, including the rearing of crops and animals assign or distribute according to a plan; to set apart for a special purpose

Annual General Meeting/ Annual Meeting of Stockholder annual report applicant / candidate application application form apply (v.) appoint (v.) appreciate (v.) appreciation arbitrageur

Jahreshauptversammlung

a meeting that happens once every year in which a company or other organization discusses the past years activities and elects new officers a firms annual statement of operating and financial results a person who formally requests something, especially a job, or a place at college or university an official request for something, usually in writing a form to use when making an application to request sth., usually officially to choose someone officially for a job or responsibility to increase in value an increase in value of something a person who makes money from arbitrage (the method of buying something in one place and selling it in another place at the same time in order to make a profit from the difference in price) a document describing the purpose, place of business and details of a non-profit organization; the instrument under which an association is organized to make something by joining separate parts; fit together the component parts of a line of machines and workers in a factory which a product moves along while it is being built or produced. a useful or valuable quality, person, or thing; an advantage or resource; something valuable belonging to a person or organization which can be used for the payment of debts to make an official examination of the accounts of a business 3

Jahresbericht Bewerber/in Bewerbung Antragsformular sich bewerben ernennen, berufen im Wert steigern Wertsteigerung Arbitragehndler

articles of association assemble (v.) assembly line asset

Gesellschaftsvertrag montieren Montageband Aktiva, Vermgenswert

audit (v.)

Revision durchfhren

auditing auditor authorized capital shares average cost backward integration balance balance of payments balance of trade balance sheet bank loan banknote bankrupt

Revision, Rechnungsprfung Rechnungsprfer/in genehmigtes Kapital Durchschnittskosten Rckwrtsintegration Saldo, Bilanz Zahlungsbilanz Handelsbilanz Bilanz Bankdarlehen Banknote bankrott

to officially examine a companys financial records in order to check they are correct someone whose job is to officially examine a companys financial records the largest amount of money a company is allowed to get by selling the amount of money you have in a bank account, or the amount of something that you have left after you have spent or used up the rest the difference between the money that a country receives from exports and the money that it spends on imports the difference in value between the goods a country buys from abroad and the goods it sells abroad a statement that shows the value of a companys assets (= items of positive value) and its debts money lent by a bank a piece of printed paper that has a particular value as money unable to pay what you owe, and having control of your financial matters given, by a court of law, to a person who sells your property to pay your debts the state of being unable to pay your debts a printed record of the money put into and removed from a bank account

bankruptcy bank statement

Bankrott, Konkurs Kontoauszug

bank transfer barriers to entry barter /counter trade base rate/ prime rate bearer bearer security below par benefit bid to bid

Bankberweisung Marktzutrittsschranken Tauschhandel,-geschft Leitzins Inhaber/-in Inhaber-effekten

to move money from the control of one account or institution to another to exchange goods for other things rather than for money to exchange goods for other things rather than for money the bearer of a legal document is the person that it officially belongs to unter dem Nennwert, unter Pari

Vorteil Angebot bieten

something that gives you advantages or improves your life in some way an offer to pay a particular price for something, especially at an auction to offer a particular amount of money for something which is for sale and compete against other people to buy it, especially at a public sale of goods or property A blue-chip company or investment is one that can be trusted and is not likely to fail

blue chip board of directors bond bondholder bonus shares/ stock dividend

erstklassig Geschftsleitung, Vorstand, Verwaltungsrat Anleihe, Obligation Obligationr/in Gratisaktien

an official paper given by the government or a company to show that you have lent them money that they will pay back to you at an interest rate that does not change someone who owns government or industrial bonds

bookkeeping book value boom

Buchhaltung Buchwert Hausse, Boom, (Hoch)konjunktur; Aufschwung leihen, Kredit aufnehmen Kreditnehmer/in Chef/in, Boss Filiale, Zweigstelle Marke, Bestechungsgeld bestechen Bestechung Makler/in Budget geplanter Verschlei Geschft Konjunkturzyklus

the job or activity of recording the accounts of an organization the standart value that something is supposed to have if business, trade or a particular area is booming

to borrow borrower boss branch brand bribe to bribe bribery broker budget built-in obsolescence business business cycle

if you use something that belongs to someone else someone who is borrowing money the person who employs you or is in charge of you at work a shop or office, that is part of a large company a type of product made by a particular company an amount of money that you give someone to persuade them to help you, especially by doing something dishonest to try to make someone do something for you by giving them money, presents or something else that they want dishonestly given money to someone in order to persuade them to so something that will help you someone who buys and sells shares the amount of money you have available to spend when a product is intentionally designed and made so that it will not last for a long time the activity of buying and selling goods and services, or a particular company that does this, or work you do to earn money a sequence of economic activity typically characterized by recession, fiscal recovery, growth, and fiscal decline 6

business plan buy (v.) buyer call option

Geschftsplan kaufen Kufer/in Kaufoption

a document prepared by a companys management, detailing the past, present, and future of the company, usually designed to attract capital investment to obtain something by paying money for it someone who buys something expensive such as a house an option contract that gives the holder the right to buy a certain quantity (usually 100 shares) of an underlying security from the writer of the option, at a specified price (thestrike price) up to a specified date (the expiration date) an upper limit, usually relating to money (of floating interest rate) wealth, especially a large amount of money used for producing more wealth or for starting a new business tax on the profits made from selling something you own goods that are used in producing other goods, rather than being bought by consumers the amount of money moving into and out of a business a system whereby authority passes down from the top through a series of executive positions or military ranks in which each is accountable to the one directly superior costing little money or less than is usual or expected a printed form, used instead of money, to make payments from your bank account the person with the most important position in a company a small advertisement that you put in a newspaper or a magazine, usually because you want to sell or buy something or to find or offer a job 7

cap/ ceiling capital/ principal capital gains tax capital goods capital transfer tax cash flow chain of command cheap (adj.) cheque/ check chief executive officer (CEO)/ managing director classified advertisement

Hchstzinssatz Kapital Kapitalertragssteuer Investitionsgter Kapitalverkehrssteuer Cash-flow, Kapitalfluss Befehlskette billig, gnstig Scheck Generaldirektor/in, Geschftsfhrer/in Kleinanzeige

coin collateral

Mnze Sicherheit, Pfand, Hinterlegung Tarifverhandlungen Handel Handelsbank Provision Gut, (Handels)ware, Erzeugnis Unternehmen, Gesellschaft Vergleichsvorteil konkurrieren, im Wettbewerb stehen Wettbewerb, Konkurrenz konkurrenzfhig, wettbewerbsfhig Wettbewerbsvorteil

a small round piece of metal, usually silver or copper coloured, which is used as money valuable property owned by someone who wants to borrow money which they agree will become the property of the company or person who lends the money if the debt is not paid back the system in which employees talk as a group with their employers to try to agree on matters such as pay and working conditions the buying and selling of goods, especially on a large scale, as between cities or nations a financial institution that accepts demand deposits, makes loans and provides other services for the public a fee or percentage allowed to a sales representative or an agent for services rendered a generic, largely unprocessed, good that can be processed and resold an association of persons for carrying on a commercial or industrial enterprise the ability of an individual or group to carry out an economic activity, such as production, at a lower cost and more efficiently than another entity to strive against another or others to attain a goal, such as an advantage or a victory rivalry between two or more businesses striving for the same customer or market as good as or better than others of a comparable nature 8

collective bargaining commerce commercial bank commission commodity company/ corporation comparative advantage compete (v.) competition competitive (adj.) competitive advantage

competitor component consumer/ end-user consumer goods consumption contract (n.) contraction (of economy) convertible bond corporation tax costs cost accounting cost of living counter-cyclical advertsising coupon

Konkurrent/in Bestandteil Verbraucher/in Konsumgter Verbrauch Vertrag, Auftrag Schrumpfung Wandelobligation Krperschaftssteuer Kosten Kalkulation Lebenshaltungskosten antizyklische Werbung Coupon

one that competes with another, as in sports or business; a rival a part or element of a larger whole a person who buys a product or service for personal use goods (as food or clothing) intended for direct use or consumption the act or process of consuming an agreement between two or more parties, especially one that is written and enforceable by law a period of decreased business activity a bond that can be converted to other securities under certain conditions tax levied on companies profits an amount paid or required in payment for a purchase; a price the field of accounting that measures, classifies, and records costs the average cost of the basic necessities of life, such as food, shelter, and clothing set ad budget at a certain precentage of current sales revenue 1. a voucher entitling the holder to a to a discount on a product or a quantity of something rationed 2. a detachable form used to send for a purchase or information or to enter a competition (of shares) fall suddenly in value.

crash

Zusammenbruch/ Brsenkrach kreditieren, gutschreiben

to credit

add (an amount of money) to an account 9

credit standing/ credit rating/ creditworthiness creditor currency current/checking account customer/ client customs duties dealer

Kreditwrdigkeit

a calculation of someones ability to pay back money which they have borrowed

Glubiger/in Whrung Kontokorrent Kunde/in Zollabgaben Hndler/in

someone to whom money is owed the money that is used in a particular country at a particular time a bank account that you can take money from at any time and which usually earns little or no interest a person who buys goods or a service to pay customs 1. a person who buys and sells goods ; 2. a person who buys and sells shares or other financial assets as a principal (rather than as a broker or agent). money taken out of a financial account, or a record of money taken to take money out of a financial account, or to record money taken something owed, esp. money a country, organization, or person who owes money 1. the social process in which population and industry moves from urban centers to outlying districts; 2. the spread of power away from the center to local branches or governments phase, in which sth becomes less in amount, importance, quality or strength to take away an amount or part from a total the action of delivering something, especially letters or goods 10

debit to debit debt debtor decentralization

Schuldposten debitieren, belasten, im Soll verbuchen Schuld Schuldner/in Dezentralisierung

decline stage to deduct delivery

Rckgangsphase abziehen (Aus)Lieferung

demand department store deposit to deposit deposit/ time/ notice account depositor depreciate (v.) depreciation (accounting) depreciation (money) depression deregulation derivatives devaluation developing country differential advantage diminishing returns

Nachfrage Warenhaus Anzahlung, Guthaben deponieren Sparkonto Einzahler/in entwerten, abwerten Entwertung, Abschreibung Geldabwertung Flaute, Baisse Deregulierung, Aufhebung einschrnkender Bestimmungen Derivate Whrungsabwertung Entwicklungsland Wettbewerbsvorteil Ertragsrckgang, abnehmender Ertrag

the desire of purchasers or consumers for a particular commodity or service. a large shop stocking many types of goods in different departments 1. a sum of money placed in a bank or other account. 2. a sum payable as a first instalment or as a pledge. 1. put down in a specific place. 2. pay as a deposit. a bank account in which you usually leave money for a long time and which pays you interest s.o. who puts money in a bank or other financial services reduce in value over a period of time a reduction in the value or price of s.th. a reduction in the value or price of money a long and severe recession in an economy or market removing regulations or restrictions from some types of business activities s.th. that has developed or been produced from s.th. else reducing the official value of (a currency) in relation to other currencies a poor agricultural country that is seeking to become more advanced economically and socially

as expenditure or investment increases each further increase produces a proportionately smaller return 11

direct debit direct tax discount discount rate

Direktabbuchung direkte Steuern Diskont, Skonto Diskontsatz

an arrangement made with a bank that allows a third party to transfer money from a persons account a tax, such as income tax, which is levied on the income or profits of the person who pays it a deduction from the usual cost of s.th. 1. a minimum interest rate set by the US Federal Reserve for lending to other banks. 2. a rate used for discounting bills of exchange a loss or lack of stability or equilibrium, especially in relation to supply, demand, and prices discharge from employment a way of selling a companys product either directly or via distributors an agent who supplies goods to retailers to become more varied or different a way of organizing work, especially making things, so that it is done as a set of separate processes by different (groups of) people relating to a persons own country activity of keeping an exact record of the money that has been spent or received by a business or other organization for the mass market a reduction in the amount or success of something, such as a countrys economic activity 12

disequilibrium dismiss (v.) distribution channels distributor diversify division of labour domestic double-entry bookkeeping down-market (adj.) downturn

Ungleichgewicht entlassen Absatzwege Verteiler/in, Verkaufsagent, Konzessionr/in diversifizieren, Anlagen streuen Arbeitsteilung inlndisch doppelte Buchfhrung fr den Massenmarkt Rckgang, Baisse, Flaute

durable goods earn (v.) economic economical economic agents economies of scale economist economize economy efficiency efficient election emission employ employee employer employment

langlebige Gebrauchsgte verdienen wirtschaftlich sparsam WISU Economies of Scale konom, Betriebswirt, Volkswirt sparen Wirtschaft Effizienz effizient, wirksam Wahl Ausstrahlung beschftigen Angestellter Arbeitgeber Beschftigung

goods able to last a long time without becoming damaged to receive money as payment for work that you do making a profit, or likely to make a profit not using a lot of fuel, money, etc persons acting in a ecomony reduction of costs by increasing production a person who studies or has a special knowledge of economics to try to save money by reducing the amount that you are spending the system of trade and industry by which the wealth of a country is made and used when someone or something uses time and energy well, without wasting any working or operating quickly and effectively in an organized way a time when people vote in order to choose someone for a political or official job a special power which some people possess naturally which makes them able to influence other people and attract their attention and admiration to have someone work or do a job for you and pay them for it someone who is paid to work for someone else a person or organization that employs people when someone is paid to work for a company or organization 13

employment agency environment entrepreneur entrepreneurship

Stellenvermittlung Umwelt Unternehmer/in Unternehmergeist

a business that finds suitable people to work for other businesses the air, water and land in or on which people, animals and plants live someone who starts their own business, especially when this involves risks The organization, management, and assumption of risks of a business or enterprise, usually implying an element of change or challenge and a new opportunity a state of balance the rate at which the money of one country can be changed for the money of another country A tax on the manufacture, purchase, or sale of a good or service. The tax may be based on the number of units or on value The part of a government that is responsible for making certain that laws and decisions are put into action The dollar price at which the owner of a warrant or an option can force the writer to sell an asset (in the case of a call option or warrant) or to buy an asset (in the case of a put option). The exercise price is set at the time the option is issued and, except for unusual instances that include warrants, remains constant until the option expires. A market price of an asset above, or expected to be above, an options exercise price gives the option value. when something increases in size, number or importance when you spend or use money, time or effort to send goods to another country for sale 14

equilibrium Eurocurrency Exchange controls exchange rate excise duties executive exercise price

Gleichgewicht Eurowhrung Devisenkontrolle Wechselkurs Verbrauchssteuern Exekutive Ausfhrungspreis

expansion expenditure export

Erweiterung Ausgaben, Aufwand Export

external audit externalities / spillovers extraction factors of production factory financial instruments financial statements financial year finished goods to fire/sack (sb) fixed exchange rate flexible to float a company a floating exchange rate floating/variable rate bond/note floor (of floating interest rate)

auerbetriebeliche Revision Externalitten, berschsse Gewinnung Produktionsfaktoren Fabrik Finanzierungsinstrumente Finanzbilanz Geschftsjahr Fertigerzeugnisse, -produkte feuern, entlassen fester Wechselkurs flexible eine Gesellschaft grnden flexibler Wechselkurs Anleihe mit variablem Zinssatz Mindestzinssatz

To examine, verify, or correct the financial accounts of a company an amount of liquid which has become too much for the object that contains it and flows or spreads out a substance taken from a plant, flower, etc. and used especially in food or medicine a building or set of buildings where large amounts of goods are made An instrument having monetary value or recording a monetary transaction A report providing financial statistics relative to a given part of an organizations operations or status a period of twelve months (not always January to December) for which a business, government, etc. plans its management of money inventory stocks of completely manufactured products ready for sale and delivery to the marketplace to dismiss an employee from a job the special relation in value between the money used in different countries easily changed to suit new conditions to found a new company currency exchange rate which is determined by free market forces, rather than being fixed by a government a minimum level for interest rates 15

flotation to fluctuate foodstuffs foreign exchange foreign exchange market forward integration forward transaction founder/s franchise free enterprise free sample free trade friendly takeover full employment full-time functional organization funds

Grndung schwanken Nahrungsmittel, Lebensmittel Devisen Devisenmarket Vorwrtsintegration Termingeschft Grnder/innen Lizenz freie Wirtschaft kostenlose Probe Freihandel freundliche bernahme Vollbeschftigung hauptberuflich, ganztgig funktionale Organisation, Berufsverband (Geld)mittel, Fonds

the procedure of starting to sell shares in a company to the public to rise and fall, to change frequently any substance used as food money in a foreign currency place where foreign exchanged is traded with an integration process which is directed or moving towards the front Purchase or sale for delivery and payment at an agreed date in the future. a person who founds or establishes something permission given by or bought from a government to operate a particular service The freedom of private businesses to operate competitively, for profit, and without government controls. product given free to potential consumers Trade arrangements where tariffs or other barriers to the free flow of goods and services are eliminated. a takeover that is welcomed by the management of the target company the economic condition when everyone who wishes to work at the going wage-rate for their type of labor is employed for or during the whole of the working day or week The hierarchical organization of a staff according to their specialty. financial resources, money 16

funds flow statement futures contract futures market goal to go bankrupt

Bewegungsbilanz, Kapitalflussrechnung Terminkontrakt Terminmarkt Ziel Konkurs anmelden

Contract which requires the delivery of a commodity or currency at a specified value and date in the future. An organized market operated on a futures exchange in which large-scale contracts for the future delivery of goods can be exchanged. the object of ones effort, target The legal status of an individual or company which is unable to pay its creditors and whose assets are therefore administered for its creditors by a trustee in bankruptcy. A company that is expected to continue its activities in the near future. The value of a going concern is assessed differently than a company that is expected to go out of business. things that are produced to be sold Goodwill is an accounting concept that describes the value of a business entity not directly attributable to its physical assets and liabilities a deliberate reduction in the rate of production as a protest a group of people leading a country or state

going concern

gewinnbringendes Unternehmen Konvertierbarkeit in Gold Gter Geschftswert, Firmenwert, Goodwill, geschftliches Ansehehen Bummelstreik, Verlangsamung Regierung Bruttoinlandsprodukt Bruttosozialproduct

gold convertibility goods goodwill go-slow/ slowdown government gross domestic product gross national product

Total value of goods and services produced by labour and property located in a country during a specified period. Gross national product (GNP), is the total value of goods and services produced by labour and property supplied by residents (but not necessarily located within the country). 17

gross profit growth growth stock growth stage guarantee/warrant hard currency headhunters head office/ headquarters

Bruttogewinn Wachstum wachstumsorientierte Wertpapiere Wachstumsphase Garantie harte Whrung Personalabwerber/in, Headhunter Hauptgeschftsstelle, Firmensitz, Gesellschaftssitz; Zentrale, Direktion, Hauptsitz Hedge-Geschft, Preisabsicherung sich absichern einstellen Teilzahlung, Ratenkauf Anschaffungskosten Buchhaltung Plakatwand

Profit remaining after the deduction of direct costs but before the deduction of expenses. the process of growing, development The stock of a corporation whose sales and earnings are expanding faster then the general economy.

a promise by a manufacturer or seller to repair or replace goods that are defect during a certain period of time money in the form of bills or coins persons who identify and approach so. employed elsewhere to fill a business position the managerial and administrative centre of an organization; the most important office of an organization or company, or the people working there technique of reducing risk by using two offsetting investment strategies protect (an investor or investment) against loss by making compensating contracts or transactions to employ someone or pay them to do a particular job a system by which someone pays for a thing in regular instalments while having the use of it large outdoor signboard 18

hedging hedge (v.) hire (staff) (v.) hire purchase / instalment credit historical cost accounting hoarding / billboard

horizontal integration hostile takeover human relations human resources

horizontale Verflechtung feindliche bernahme zwischenmenschliche Beziehungen Personalabteilung, Personal

absorption into a single firm of several firms involved in the same level of production and sharing resources at that level a takeover that is resisted by the management of the target company relationships between groups of people, especially between workers in a place of work, or the study of these relationships. the department of an organization that deals with finding new employees, keeping records about all the organizations employees and helping them with any problems a market structure in which products are not standardized and there are barriers to entry for new firms bring in from abroad commodities (goods or services) bought from a foreign country a governmental restriction on the quantities of a particular commodity that may be imported within a specific period of time someone whose business involves importing goods from outside (especially from a foreign country) sth. that incites or has a tendency to incite to determination or action money received, especially on a regular basis, for work or through investments a personal tax levied on annual income a tax levied on goods or services rather than on persons or organizations

imperfect competition import (v.) import (n.) import quota importer incentive

ungleiche Wettbewerbsbedingungen einfhren, importieren Einfuhr, Import Einfurhkontingent, Importquote Importeur/in Anreiz

income / earnings / revenue Einkommen income tax indirect tax industrial dispute industrial espionage Einkommenssteuer indirekte Steuer Arbeitskampf Wirtschaftsspionage

the secret removal, copying, or recording of confidential or valuable information in a company for use by a rival concern or a competitor 19

industrial relations

Verhltnis zwischen Arbeitgebern und Arbeitnehmern Industrielle/r Industrie, Gewerbe

the relation between management and workers in industry

industrialist industry

a person involved in the ownership and management of industry 1. economic activity concerned with the processing of raw materials and manufacture of goods in factories. 2. a particular branch of economic or commercial activity. not achieving maximum productivity; failing to make the best use of time or resources the rate of change of prices (as indicated by a price index) calculated on a monthly or annual basis obtain from someone after their death what is put or taken in or operated on by any process or system trading by officers, directors, major stockholders, or others who hold private inside information allowing them to benefit from buying or selling stock someone who has insufficient assets to cover their debts the condition of being unable to pay debts, or an instance of this very large private investors such as banks, insurance companies, or pension funds that invest in securities a thing providing protection against a possible eventuality a written contract between an insurance company and a person or organization requiring insurance against loss or harm 20

inefficiency inflation rate inherit (v.) input insider share-dealing insolvent (adj.) insolvency institutional investors insurance insurance policy

Unwirksamkeit, Unwirtschaftlichkeit Inflationsrate erben Input Insider-Geschfte, -Handel zahlungsunfhig, insolvent Zahlungsunfhigkeit institutionelle Investoren Versicherung insurance policy

insurance premium insure (v.)

Versicherungsprmie versichern

payment for insurance to protect yourself against risk by regularly paying a special company that will provide a fixed amount of money if you are killed or injured or if your home or possessions are damaged, destroyed or stolen the percentage of a sum of money charged for its use the examination of a companys records and reports by its employees a United Nations agency to promote trade by increasing the exchange stability of the major currencies 1. a meeting in which someone asks you questions to see if you are suitable for a job or course 2. a meeting in which someone is asked questions about themselves for a newspaper article, television show, etc. The value of a security, justified by factors such as assets, dividends, earnings, and management quality. a complete list of items such as goods in stock or the contents of a building. 1. Property acquired for the purpose of producing income for its owner. Just as plants and equipment are investments for manufacturers, stocks and bonds are investments for individuals. 2. Expenditures made for income-producing assets A financial institution that deals primarily with raising capital, corporate mergers and acquisitions, and securities trades. a level of credit rating for stocks considered to have minimal risk for investors someone who commits capital in order to gain financial returns to produce or provide something official

inter-bank market interest rate internal audit International Monetary Fund interview

Interbank(en)markt Zinssatz (betriebs)interne Revision Internationale Whrungsfond Interview

intrinsic value introduction stage inventory / stock investment

intrinsischer, wirklicher (wahrer) Wert Einfhrungsstadium Inventar Investition, Anlage

investment bank / merchant Handelsbank bank investment grade investor invisible exports issue (v.) Investitionsgrad Investor/in, Anleger/in unsichtbare Exporte emittieren, ausgeben

21

issue

Emission, Ausgabe

1. a set of newspapers or magazines published at the same time or a single copy of a newspaper or magazine 2. An issue of shares is when a company gives people the chance to buy part of it or gives extra shares to people who already own some the regular work which a person does to earn money an application for a job a formal explanation of an employees responsibilities security of your workplace of two part-time employees share a single full-time job; an arrangement of such a kind.

job job application job description job security job-sharing

Beruf, Arbeitsplatz, (Arbeits)stelle Stellenbewerbung Stellenbeschreibung Sicherheit des Arbeitsplatzes Job-sharing

junk bond labor union/ trade union labour/ labor labour relations land

niedrig eingestuftes Wertpapier Gewerkschaft

a high-yielding high-risk security, typically issued to finance a takeover. an organization that represents the people who work in a particular industry, protects their rights, and discusses their pay and working conditions with employers: practical work, especially that which involves physical effort the relationships between employees and employers 1.the part of the earths surface that is not covered by water. 2. an area of ground in terms of its ownership or use. 3.(the land) ground or soil as a basis for agriculture. 4. a country or state. to set going; initiate begin (an enterprise) or introduce (a new product). informal pass (illegally obtained money) through legitimate businesses or foreign banks to conceal its origins. 22

Arbeitskraft Arbeitsverhltnisse Grundstcke

launch (n.) launch (v.) launder (money) (v.)

Grndung auf den Markt bringen waschen

lay off (v.) lead time

kndigen Lieferzeit

the act of suspending or dismissing an employee, as for lack of work or because of corporate reorganization. the time interval between the initiation and the completion of a production process; the lead times for many publications can vary tremendously planning is a area where lead time can be reduced the act or process of legislating; lawmaking. 1.To give or allow the use of temporarily on the condition that the same or its equivalent will be returned. 2.To provide (money) temporarily on condition that the amount borrowed be returned, usually with an interest fee. someone who lends money or gives credit in business matters a function of a central bank, such as the Federal Reserve, inwhich it lends money to a bank which is facing unusually heavy withdrawals. The degree to which an investor or business is utilizing borrowed money. Companies that are highly leveraged may be at risk of bankruptcy if they are unable to make payments on their debt; they may also be unable to find new lenders in the future. Leverage is not always bad, however; it can increase the shareholders return on their investment and often there are tax advantages associated with borrowing. also called financial leverage. The use of a target companys asset value to finance the debt incurred in acquiring the company 1. when you are legally responsible for something: 2. An obligation to pay an amount in money, goods, or services to another party. The balance sheet lists the liabilities The liability of a firms owners for no more capital than they have invested in the business.

legislation lend (v.)

Gesetzgebung Leihen

lender lender of last resort leverage

Geldverleiher letztmgliche/r Glubiger/in Leverage-Effekt

leveraged buyout liability

Gesellschaftsbernahme mit fremder Finanzierung Passiva

limited liability

beschrnkte Haftung

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line authority line-filling line-stretching liquidate / wind up

Leitungsstruktur Schlieung von Produktionslcken Produkterweiterungen abwickeln, auflsen

the power to give instructions to people at the level below in the chain of command to add further items in that part of a product range which a line already covers lenghtening a product line by moving either up market or down market, i. e. making items of higher or lower quality 1. to close down a business and use any money thus made to pay its debts 2.convert (assets) into cash. 3. pay off (a debt). 1. The conversion of assets into cash 2.The paying of a debt 3.The selling of assets and the paying of liabilities in anticipation of going out of business. A person (usually appointed by a court of law) who liquidates assets or preserves them for the benefit of affected parties [syn: receiver] 1. a thing that is borrowed, especially a sum of money that is expected to be paid back with interest. 2. the action of lending. To try to influence the thinking of legislators or other public officials for or against a specific cause: a particular place or position A rather lengthy period of time Involving, maturing after, or being in effect for a long time an ambiguity or inadequacy in the law or a set of rules 1 the fact or process of losing something or someone 2. when a business spends more money than it earns 24

liquidation / receivership / winding up

Auflsung

liquidator / receiver loan

Abwickler Darlehen

lobbying location long run long- term loophole loss

Lobbyismus betreiben Plazierung (auf) lange Sicht langfristig Gesetzeslcke Verlust

loss- leader pricing maintenance management the management manager manufacturing

Lockvogelangebot Instandhaltung Leitung Vorstand Geschftsleiter/in Herstellung

a product sold at a loss to attract customers 1. The act of maitaining or the state of being maintained 2. The work of keeping something in proper condition; upkeep The act, manner, or practice of managing; handling, supervision, or control The person or persons who control or direct a business or other enterprise. One who handles, controls, or directs, especially: One who directs a business or other enterprise or who controls resources and expenditures, as of a household The act, craft, or process of manufacturing products, especially on a large scale. An industry in which mechanical power and machinery are employed. A product that is manufactured. The making or producing of something. The additional cost needed to produce or purchase one more unit of a good or service. 1.The arena in which buyers and sellers meet to exchange items of value. 2.A physical market in which traders haggle for the best price is one of the basic concepts of trade. The absence of a physical market for some goods is usually seen as one of the major sources of economic inefficiency. 3.An organized gathering in which trading in securities, commodities, currencies, etc. take place 4.The demand for a particular product or service, of ten measured by sales during a specified period. A firm that is fighting to increase its market share. Generally, such a company is second in market share and aggressively challenging the market leader An economy that operates by voluntary exchange in a free market and is not planned or controlled by a central authority; a capitalistic economy. -

marginal cost market

Grenzkosten Markt

market challenger market economy market failure

Marktherausforderer Marktwirtschaft Marktversagen

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market follower

Marktmitlufer

A firm that is usually second to the market leader in an industry and wants to hold its share without upsetting the status quo. Market followers do not want to challenge the leader, but can maintain their market share with much lower investment costs than the leader. economic factors affecting the availability, demand, and price of a commodity; the interaction of supply and demand that shapes a market economy the company or brand with the largest share of a market niche for a particular product The price of a raw material, product, service, security, etc., in an open market Possibilities of filling unsatisfied needs in sectors in which a company can profitably produce goods or services Collecting, analysing and reporting data relevant to a specific marketing situation (such as a proposed new product) The division of a market into homogeneous groups of consumers, each of which can be expected to respond to a different marketing mix. The division of a market into submarkets according to the needs or buying habits of different groups of potential customers A companys sales expressed as a percentage of the total market The value of an asset if it were to be sold on the open market at its current market price The date when a loan becomes repayable or date at which the money will be returned Stage in the product life cycle, in which supply and demand are matched and sales stabilize 26

market forces market leader market price market opportunity market research market segment market segmentation

Marktkrfte Marktfhrer/in Marktpreis Marktchance Marktforschung Marktsegment Marktsegmentierung

market share market value matrix management maturity (of a loan) maturity stage

Marktanteil Verkehrswert Matrix - Management Flligkeit Reifestadium

measure (v.) media

messen Medien, Werbetrger

to judge the quality, effect, importance, or value of something (mass media) The means, such as television, radio, newspapers, and magazines, by which advertisers, politicians, etc., communicate with large numbers of members of the general public 1. an organized gathering of people for a discussion or other purpose. 2. a coming together of two or more people. a wholesale trader goods for sale 1. combine or be combined into a whole. 2. blend gradually into something else a merging of two things, especially companies, into one 1. a person who buys goods from producers and sells them to retailers or consumers. 2. a person who arranges business or political deals between other people an economic system combining private and state enterprise 1. a medium of exchange in the form of coins and banknotes. 2. wealth. 3. payment or financial gain. 4. (moneys or monies) formal sums of money the total amount of money in circulation or in existence in a country 27

medium-term meeting merchant merchandise merge (v.) merger middleman

mittelfristig Versammlung Kaufmann, -frau Waren, Gter fusionieren Fusion, Verschmelzung Mittelsmann

misleading advertising mixed economy monetary policy money

irrefhrende Werbung gemischte Wirtschaftsform Geldpolitik Geld

money supply

Geldmenge, Geldvolumen

mortgage

Hypothek

1. a legal agreement by which a person takes out a loan using as security real property (usually a house which is being purchased). 2. an amount of money borrowed or lent under such an agreement. 1. provide with a motive for doing something. 2. stimulate the interest of. 1. obtain from (a number) another which contains the first number a specified number of times. 2. increase in number or quantity. 3. increase in number by reproducing. a fund in which the combined contributions of many people are invested in various securities and bonds, dividends being paid in proportion to the contributors holdings 1. circumstances in which a thing or course of action is required. 2. a thing that is wanted or required. 3. a state of poverty, distress, or misfortune. 1. try to reach an agreement or compromise by discussion. 2. obtain or bring about by negotiating. 3. find a way over or through (an obstacle or difficult path). 4. transfer (a cheque, bill, etc.) to the legal ownership of another. the process of discussing something with someone in order to reach an agreement with them, or the discussions themselves the total assets minus its total liabilities of an individual or company; also called owners equity,shareholders equity, net worth

most favoured nation motivate (v.) multiply (v.)

Meistbegnstigung (-sklausel) motivieren mulitplizieren, vervielfltigen

mutual fund

Anlagefonds

Natural rate of unemployment need

natrliche Arbeitslosenrate Bedrfnis

negotiate (v.)

Verhandeln

negotiation net assets

Verhandlung Reinvermgen

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niche

Nische

1. a shallow recess, especially one in a wall to display an ornament. 2. (ones niche) a comfortable or suitable position in life. 3. a specialized but profitable corner of the market. 4. Ecology a role taken by a type of organism within its community. 1. the face value of a coin, note, etc. 2. the price of a share, bond, or stock when it was issued, rather than its current market value. 1.a quantity or value expressed by a word, symbol, or figure. 2.a quantity or amount of something countable. something which you plan to do or achieve a monthly payment made to someone who is retired from work a chart showing the lines of responsibility between departments of a large organization a shop that is one of many owned by a particular company and that sells the goods which the company has produced an amount of something produced by a person, machine, factory, country, etc: If a company outsources, it pays to have part of its work done by another company Not listed or available on an officially recognized stock exchange but traded in direct negotiation between buyers and sellers If you have an overdraft, you have taken more money out of your bank account than you had in it. take more money out of your bank account than the account contained, or (of a bank account) take more money from it than was originally in it [to make an overdraft] 29

nominal value / face value/ par value number/ figure objective (n.) oil crisis old-age pension organization chart outlet output outsourcing over-the-counter overdraft overdraw

Nominalwert, Nennwert

Zahl Ziel lkrise Altersrente Unternehmensdiagramm, Organigramm Verkaufsstelle Ausstoss, Output, Erzeugung Auftrge weitervergeben ausserbrslich berziehungskredit berziehen

overhead / overheads overvalued (adj.) owe (v.) own (v.) packaging patent pay (n.) pay (v.) peak (v.) peak (n.) pegged (adj.) pension pension fund perfect competition performance

Generalunkosten, Fixkosten, Betriebskosten berbewertet schulden besitzen Verpackung Patent Lohn Zahlen den Hchststand erreichen Hhepunkt festgesetzt Pension Pensionskasse uneingeschrnkter Wettbewerb Verrichtung, Leistung

the regular and necessary costs, such as rent and heating that are involved in operating a business: to put too high a value on something to need to pay or give something to someone because they have lent money to you, or in exchange for something they have done for you belonging to or done by a particular person or thing the materials in which objects are wrapped before being sold the official legal right to make or sell an invention for a particular number of years the money you receive for doing a job to give money to someone for something you want to buy or for services provided to reach the highest point or value the point when sb/sth is best, most successful, strongest, etc. to fix or keep prices, wages, etc. at a particular level an amount of money paid regularly by a government or company to sb who is considered to be too old or too ill/sick to work The situation when there are a large number of sellers and buyers, freedom to enter and to leave the markets, a complete flow of information, and so on 1. the way a person performs in a play, concert, etc. 2. the act or process of performing a task, an action, etc. 3. how well or badly you do sth; how well or badly sth works 30

personal selling

Eigenwerbung, persnlicher Verkauf

personnel department picket

Personalabteilung Posten, (Streik)posten

the department in a company that deals with employing and training people a person or group of people who stand outside the entrance to a building in order to protest about sth, especially in order to stop people from entering a factory, etc. during a strike; an occasion at which this happens the act or process of making plans for sth a factory or place where power is produced or an industrial process takes place a form of defence used by a company to prevent, or to reduce the effect of, a takeover bid that they do not want, for example by selling some of their important possessions a plan of action agreed or chosen by a political party, a business, etc. the process of making air, water, soil, etc. dirty; the state of being dirty 1. a set of shares owned by a particular person or organization 2. the range of products or services offered by a particular company or organization: a portfolio of wines a large notice, often with a picture on it, that is put in a public place to advertise sth the state of being poor the building and land near to it that a business owns or uses an amount of money that you pay once or regularly for an insurance policy the person in charge of some organizations, clubs, colleges, etc. the amount of money that you have to pay for sth 31

planning plant poison pill

Planung Fabrik Anti-bernahme Strategie

policy pollution portfolio

Politik Verunreinigung, Umweltverschmutzung Portfolio

poster poverty premises premium president/chairman price (in a store)

Plakat, Poster Armut Geschftsrume Prmie, Agio Prsident/in, Vorsitzende/r Preis

price (in on market) principal private limited company produce (v) producer product life circle product line product mix product range profit profitability profit and loss account/ income statement progressive tax promotion

Kurs Kapitalsumme, Kreditsumme Gesellschaft mit beschrnkter Haftung erzeugen, produzieren Produzent, Hersteller Produktlebenszyklus Produktlinie Produktionsmix, Produktionsprogramm Produktpalette Gewinn Rentabilitt Erfolgsrechnung progressive Steuern Werbung, Befrderung

(value) how much sth is worth in money other goods for which it can be changed an amount of money that you lend to sb or invest to earn interest a business firm that does not issue shares to the general public to make or manufacture sth., esp. in large quantities a person, company, country etc. that produces goods or materials the standard pattern of sales of a product over the period that is marketed a group of related products made by the same company a companys items, brands, products constitute it the whole goods (and services) a company offers to the customer money gained in business, esp. the difference between the amount earned and the amount spent resulting in or likely to result in a profit or an advantage a business financial statement that lists revenues, expenses and net incomes throughout a given period a tax levied at higher rate on higher incomes the process of raising sb. or of being raised to a higher position or more important job/ advertising or some other activity intended to increase the sales of a product or service thing, methods and actions that help a company to improve sales a person who is given the authority to act on behalf of another a company that sells shares in itself to the public 32

promotional tools proxy public limited company

Verkaufsfrderungsmanahmen Stimmrechtsbevollmchtigter Aktiengesellschaft

public sector public spending publicity purchase (n.) purchase (v.) purchasing power parity put option quality quantity quote (v.) quoted/listed company raider rational expectations raw material real estate/property recruit (v)

ffentlicher Sektor Staatsausgaben Public-Relation Kauf kaufen Kaufkraftparitt Verkaufoption Qualtit Menge angeben brsennotiertes Unternehmen aggressiver Aktienkufer realistische Erwartungen Rohstoff Immobilien einstellen

the part of an economy that is controlled by the state the amount of money spend by the state Information that concerns a person, group, event, or product and that is disseminated through various media to attract public notice. The act or an instance of buying. To obtain in exchange for money or its equivalent; buy. 1: an option to sell 2: the option to sell a given stock (or stock index or commodity future) at a given price before a given date An inherent or distinguishing characteristic; a property. A specified or indefinite number or amount. To repeat or copy the words of (another), usually with acknowledgment of the source. a company whose shares can be traded on a countrys main stock market a corporate investor who intends to take over a company by buying a controlling interest in its stock and installing new management a basic material from which a product is made. Land, including all the natural resources and permanent buildings on it. to persuade someone to work for a company or become a new member of an organization, especially the army

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recruitment redeemable coupons redundancy reference

Einstellung einlsbare Coupons Entlassung Zeugnis

the act of getting recruits; enlisting people for the army (or for a job or a cause etc.) The state or fact of being unemployed because work is no longer offered or considered necessary. A letter written by smb, who knows you, giving information about your character and abilities, especially to a possible employer// A person who agrees to write a reference for you, e.g. when you are applying for a new job A book, in which names of companies are listed Adjusted so that the rate decreases as the amount increases an official rule made by a government or some other authority an amount of money that you regularly pay so that you can use a house, to regularly pay money to sb so that you can use sth that they own, such as a house, some land, a machine to pay back the money that you have borrowed from sb: a sum of money that you pay regularly to a bank, etc. until you have returned all the money that you owe Discovering new knowledge about products, processes and services and then applying that knowledge to create new and improved products, processes and services that fill market needs A stock or supply of materials or assets that can be drawn on in order to function effectively / countrys collective means of supporting itself or becoming wealthier, as represented by its materials, land and other assets Having control of smth as a part of your job

register of companies regressive tax regulation rent (n) rent (v) repay repayment research & development

Handelsregister regressive Steuern Vorschrift Miete mieten, vermieten zurckzahlen Rckzahlung Forschung & Entwicklung

resources

Mittel, Ressourcen

responsibility

Verantwortung

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retail banks retailer retirement revaluation

Depositenbank Einzelhndler Pensionierung, Rcktritt Aufwertung

Trade in money: give credits at a particular interest and make profits from margins A person, shop or business that sells goods to the public the fact of stopping work because you have reached a particular age; the time when you do this estimation of the value of sth again, especially giving it a higher value; increase the value of the money of a country when it is exchanged for the money of another country an offer to buy shares in a company at a cheaper price to people who already own some shares in it the possibility of sth bad happening at some time in the future; a situation that could be dangerous or have a bad result a state in which two people, companies, etc. are competing for the same thing: A fixed regular payment made by employers, us. Monthly, for professional or office work Body of salespeople employed by a company to sell its goods and services Estimate of how much a business hopes to sell Special effort to increase the sales of a product/ Short termed tactics designed to stimulate stronger sales of a product A person who distributes or sells goods on behalf of the company Forecasted value for a market niche, product line, or sales force a tax paid by people when they buy goods or services a small part or quantity intended to show what the whole is like 35

rights issue risk rivalry salary sales force sales forecast sales promotion sales representative/person sales target sales tax sample

Bezugsrechtsemission Risko Konkurrenzkampf Gehalt Verkaufspersonal Verkaufsvoraussage Verkaufskampagne Vertreter/in, Verkufer/in Verkaufsziel Verkaufssteuer Muster

saturated save (v.) savings scarcity seasonal unemployment securities self-employed self-financing services settle share/stock

gesttigt sparen Ersparnisse Knappheit saisonbed. Arbeits- losigkeit Wertpapiere Selbststndig Eigenfinanzierung Dienstleistungen bezahlen Aktie

to provide too much of a product so that there is more of this product available than there are people who want to buy it avoid the need to use up or spend money saved when something is not easy to find or obtain certifications attesting credit, the ownership of stocks or bonds, etc. working for oneself as a freelance or the owner of a business rather than for an employer paid for only by the money that an activity itself produces a system supplying a public need such as transport, or utilities such as water pay (a debt or account) 1.any of the equal parts into which a companys capital is divided, entitling the holder to a proportion of the profits 2.one of the equal parts into which the ownership of a company is divided and which can be bought by members of the public an owner of shares in a company a building or part of a building where goods or services are sold

shareholder/stockholder shop/store short-list short-term Single European Currency skill

Aktionr Laden Auswahlliste kurzfristig Einheitswhrung Geschicklichkeit/Fhigkeit

lasting a short time The euro an ability to do an activity or job well, especially because you have practised it 36

skilled sluggish social security solvent olvency (n.) spot market spread margin staff stagnant stagnation (n) stake standard of living standing order stimulate stock/Inventory

geschickt/ausgebildet/qualifiziert flau Sozialhilfe zahlungsfhig Zahlungsfhigkeit Spotmarkt Spannweite Marge Personal stagnierend, stockend Stagnation Anteil Lebensstandart Dauerauftrag ankurbeln Invetar

having the abilities needed to do an activity or job well slow-moving or inactive a system of payments made by the government to people who are ill, poor or who have no job having enough money to pay all the money that is owned to other people. The ability to pay all the money that is owned to other people when something moves to cover a large area or a large number of people. the outer edge of an area. the group of people who work for an organization. no growing or developing ;( of water or air) not flowing or moving, and smelling unpleasant. The status of no growing or developing a share or a financial involvement in something such as a business. the amount of the wealth and comfort people having in a particular society. an instruction to a bank to pay a particular amount of money at regular times from a persons bank account to another bank account. to encourage something to grow, become or develop active; to make someone excited and interested about something. a supply of something for use or sale; the total amount of goods available in a shop.

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stock exchange . stockbroker strike go on strike (v.) subcontractor subordinate subsidiary

Brse Brsenagent, Makler Streik streiken Subunternehmer Untergebener Tochtergesellschaft

the place where the parts of ownerships are bought or sold, or the organization of people whose job is to do this buying or selling a person or company that buys or sells stocks and shares for other people. stoppage of work, as a protest against working conditions, low wages ect a person or a company that does part of job another person or company is responsible for. a person who has a less important position than you in an organization. a company which is owned by a large company. (a person or group of people who are) higher in rank or social position than others. a large shop which sells most types of food or another goods needed in the home, in which people take from the shelves the items they want to buy and pay for them as they leave. to watch a person or activity to make certain that everything is done correctly and safely. a company, person, etc. that provides things that people want or need, especially over a long period of time an amount of something that is available for use (an amount which is) more than is needed; the amount of money you have left when you sell more than you buy, or spend less than you have; an amount or a quantity in excess of what is needed growth which is able to continue over a period of time an exchange, or something that is going to be or has been exchanged 38

superior/boss/line manager Vorgesetzter supermarket Supermarkt

supervise supplier supply surplus

berwachen Lieferant/in Angebot berschuss

sustainable growth swap

nachhaltiges Wachstum Swap, Tausch

tactics takeover takeover bid target market tariff tax taxation tax avoidance tax-deductible (adj.) tax evasion tax haven tax loss tax shelter team threshold effect

Taktik bernahme bernahmeangebot Zielmarkt Tarif Steuer Besteuerung Steuerumgehung von der Steuer absetzbar Steuerhinterziehung Steuerparadies Steuerverlust Steuerparadies Mannschaft, Team, Gruppe Schwelleneffekt

a planned way of doing something to get control of a company by buying most of its shares to try to obtain control of something a person or a particular group of people to whom something shell be sold, or to whom it is intended a tax or duty to be paid on a particular class of imports or exports; a charge or list of charges either for services or on goods entering a country (an amount of) money paid to the government, which is based on your income or of the cost of goods or services you have bought the system of taxing people; a particular system of taxing (i.e. progressive taxation) the reduction, by legal methods, of the amount of tax that a person or company pays If a sum that you spend is tax-deductible, it can be taken away from the total amount of income you must pay tax on. ways of illegally paying less tax than you should a place where people pay less tax than they would pay if they lived in their own country the amount of income lost caused by taxes a financial arrangement by which investments can be made without paying tax a number of people or animals who do something together as a group the fact that a certain amount of advertising is necessary to attract a prospective customers attention 39

till top management total cost trade trade barriers trade mark trader trainee training transfer Treasury bill Treasury bond

Ladenkasse Direktion Gesamtkosten Handel Handelsschranken Warenzeichen Hndler/in Auszubildende/r Ausbildung berweisung kurzfristiger Schatzwechsel Schatzanweisung

a machine which records sales in a shop, and in which money is kept the group of people responsible for controlling and organizing a company the amount of money needed to buy, do or make something the activity of buying and selling, or exchanging, goods and/or services between people or countries any regulation or policy that restricts international trade A name, symbol, or other device identifying a product, officially registered and legally restricted to the use of the owner or manufacturer a person who buys and sells things a person who is learning and practising the skills of a particular job the preparation for a job, activity or sport, by learning something or someone moves or is moved from one place, position, etc. to another a short-dated UK or US government security, yielding no interest but issued at a discount on its redemption price. an official US document showing that someone has lent money to the US government which will be paid back after 10 years and on which interest will be paid twice a year something that tests a persons endurance or forbearance a point of low activity or achievement the amount of money taken by a business in a particular period

trial trough turnover

Probe, Probezeit, Versuch Tal Umsatz

40

undervalued unearned income uneconomical unemployed unique selling proposition unit cost unlimited liability unlisted securities up-market upturn user utilties vacancy value-added tax vending machine

unterbewertet garantieren unwirtschaftlich arbeitslos einzigartiges Verkaufsargument Stckpreis unbeschrnkte Haftung nichtnotierte Wertpapiere anspruchsvoll Aufschwung Benutzer ffentliche Einrichtungen freie Stelle Mehrwertsteuer Verkaufsautomat

to consider someone or something as less valuable or important than they really are money that you obtain from investments and property that you own, instead of earning by working describes processes or activities that are wasteful and tend to result in a loss of money not having a job that provides money The cost of a given unit of a product. The guarantee of the owner of a business for all the obligations of the business. not included in a list of stock exchange company prices appealing to or designed for high-income consumers; upscale an improvement or advantageous change to a higher level or value a person who uses or operates something an organization that supplies the public with water, gas or electricity a job that no one is doing and is therefore available for someone new to do a tax on the estimated market value added to a product or material at each stage of its manufacture or distribution, ultimately passed on to the consumer a machine from which you can buy small items such as cigarettes, drinks and sweets by putting coins into it

41

venture capital visible trade/ merchandise trade to vote wage

Risikokapital offener Handel stimmen, whlen Lohn

money that is invested or is available for investment in a new company, especially a risky one to express your choice or opinion, especially by officially marking a paper or by raising your hand or speaking in a meeting a fixed amount of money that is paid, usually every week, to an employee, especially one who does work that needs physical skills or strength, rather than a job needing a college education a large building for storing items before they are sold, used or sent out to shops, or a large shop selling a large number of a particular items at a cheap rate a substance of no value or use which is made during a process in which something useful is produced large amount of money or valuable possessions that someone has help given, especially by the state or an organization, to people who need it, especially because they do not have enough money someone who buys and sells goods in large amounts to shops and businesses to take or move out or back, or to remove an activity, such as a job, which a person uses physical or mental effort or do, usually for money

warehouse waste product wealth wealth tax welfare wholesaler wholsale trade to withdraw word-of-mouth advertising work

Lagerhaus Abfallprodukt Vermgen, Wohlstand Vermgenssteuer Wohlfahrt, Frsorge Grosshndler Grosshandel zurckziehen Mundpropaganda Arbeit

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work force

Belegschaft

1. The workers employed in a specific project or activity 2. All the people working or available to work, as in a nation, company, industry, or on a project the money belonging to a company which is immediately available for business use, rather than money it has in investments or property to supply or produce something positive such as a profit, an amount of food or information

working capital working conditions yield

Betriebskapital Arbeitsbedingungen Ertrag

Anmerkung der Verfasser

Zwar haben wir diese Vokabelliste nach bestem Wissen und Gewissen erstellt, dennoch knnen wir keine Gewhr fr eine 100% Vollstndigkeit geben. Die Vokabelliste wurde gemeinschaftlich von der Tuesday und Friday Group in Teamarbeit angefertigt. Wir hoffen damit aktiv zu einer Entlastung aller Studenten beitragen zu knnen. Wieder einmal wnschen wir Euch Allen Viel Erfolg beim Lernen und Vielen Dank an Alle, die an diesem Gemeinschaftsprojekt mitgewirkt haben. Eure Tuesday und Friday Group des Sommersemesters 2005

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