lunes, 9 de abril de 2018 VOCABULARY 2 BANKING - BONDS: are loans made to large organizations. - SHARES: are units of ownership in a corporation or financial asset that provide for an equal distribution in any profits, in form of dividends. - SHAREHOLDER: any person, company, or other institution that owns at least one share in a company. - DIVIDENDS: is a distribution of a portion of a company’s earnings, decided by a board of directors, to a class of its shareholders. - STAKEHOLDER: can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees. - DIFFERENCES BETWEEN SHAREHOLDER AND STAKEHOLDER: The person who owns the shares of the company is known as a Shareholder. The party, who is having a stake in the company is known as Stakeholder. Only a company, which is limited by shares have shareholders. - STAKE: a share or a financial involvement in something such as a business. 1 lunes, 9 de abril de 2018 - BROKER: a person who buys and sells goods and assets for others. - SECURITIES: financing or investment instruments bought and sold in financial markets. - PROFIT: money that is earned in trade or business after paying the cost of production and selling goods and services. - EARNINGS: obtain in return for labour or services. - TURNOVER: the amount of money taken by a business in a particular period. - PRICE-EARNING RATIO: is the ratio for valuing a company that measures its current shares price relative to its shares earnings. - STAKEHOLDER: an independent party with whom each of those who make a wager deposit the money or counters wagered. RETAILING - BREAK EVEN: is the point at which total cost and total revenue are equal. - MIDDLE MAN: a person who buys goods from producers and sells them to retailers or consumers. - DISPARITY: inequality. - OVERHEAD: expense. - MARK UP: fixed amount or the percentage of the total cost or selling price. - COST: an amount that has to be paid or spent to buy or obtain something. - FREIGHT: goods transported in bulk by truck, train, ship or aircraft. - NICHE: denoting or relating to products, services, or interests that appeal to a small, specialized section of the population. - SHIPPING: derived from relationship. When two people enter a relationship. - WHOLESALER: Person or firm that buys large quantity of goods from various producers or vendors, warehouses them, and resells to retailers - FAIR TRADE: is a social movement whose stated goal is to help producers in developing countries achieve better trading conditions and to promote sustainable farming CORPORATE SOCIAL RESPONSABILITY. - LIFE-WORK BALANCE: is the term used to describe the balance that an individual needs between time allocated for work and other aspects of life. 2 lunes, 9 de abril de 2018 - WELL-BEING: a good or satisfactory condition of existence; a state characterized by health, happiness, and prosperity; - BLUFFING: Saying you have something that you don't - BOX-TICKING EXERCISE: the process of satisfying bureaucratic administrative requirements rather than assessing the actual merit of something. - PROCUREMENT POLICY: is a structured procedure designed to consult the market for the purchase of these goods and services. - ADVOCATES: publicly recommend or support. - GUIDELINES: is a statement by which to determine a course of action - COMPELLED: force or oblige (someone) to do something. - PUBLICITY: the giving out of information about a product, person, or company for advertising or promotional purposes. - DECEPTION: the act of making someone believe something that is not true - PRIMARY PURPOSE: 3