Business vocabulary : finance
When trying to speak a new language, the first thing you need are the right words. We’ve put together a list of common words used in business situations.
- Amount: a number; a sum.
The amount of investors has experienced an exponential growth.
- Bank account : an arrangement with a bank in which the customer puts in and removes money and the bank keeps a record of it.
Yesterday, I found 20 euro in my pocket and put it into my bank account right away.
- Funds (plural): money ready to spend.
Does this company have enough funds for the new equipment?
- Growth: the amount by which something grows;
The amount of investors has experienced an exponential growth.
- To invest (in): to put money into a firm or business usually by buying shares in it, in order to make a profit.
We decided to invest in the company, because they offer an interesting range of products.
- Invoice: a list giving details of price and quality.
The books won’t be delivered until we pay the invoice.
- Paycheck: the amount of money a person earns.
His job is dangerous, but it comes with a big paycheck.
- Price: the amount of money for which a thing is or can be bought or sold.
This item isn’t too expensive. It’s just the right price.
- Profit: money which is gained in business from selling something for more than one paid for it.
We made a great profit by buying the car for 20.000 euro and selling it for 25.000.
- Purchase: something one has bought.
That car was a great purchase!
- Purchase offer: A detailed, written document that makes an offer to purchase goods or services.
In order to make the invoice, we need to receive the client’s purchase offer.
- To reimburse: to pay back money to someone who has spent it for you or lost it because of you.
You will have to reimburse me for the damage to my computer.
- Withdrawal (of money): removal of money from an account.
It seems somebody made a withdrawal: there is no money left in the account!
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