List Of Terms

Question 1

Financial substantiation

Answer 1

Financiële onderbouwing

Question 2

Profit n loss account

Answer 2

Winst- en verliesrekening
Resultatenrekening
- Overview of the revenues and costs during a particular period of time.

Question 3

Share

Answer 3

Aandeel

Question 4

Preference Share

Answer 4

Preferent aandeel

• Purpose is financing: every shareholder has a right to a fixed dividend percentage
• Purpose protection: issuing shares to a friendly party. The company can be protected from a hostile take over.

Question 5

Cumulative preference share

Answer 5

Cumulatief preferent aandeel
- Right to fixed (annual) dividend keeps existing, even as it is not possible to pay because there is none or too little profit

Question 6

Priority share

Answer 6

Priorieteitsaandeel

Question 7

Non-voting share

Answer 7

Aandeel zonder stemrecht

Question 8

Appropriation of profit

Answer 8

Winstverdeling

Question 9

Issue (of shares)

Answer 9

Uitgifte (emissie) van aandelen

Question 10

Rights issue (of shares)

Answer 10

Claimemissie

Question 11

Financial viability

Answer 11

Finaciële gezondheid

Question 12

Limited LIability Company (LLC)

Answer 12

Besloten vennootschap (B.V.)

Question 13

Public Liability Company (PLC)

Answer 13

Naamloze vennootschap (N.V.)

Question 14

Ratio

Answer 14

Kengetal

Question 15

Assets

Answer 15

Activa - Goods and resources owned by the company

Question 16

Fixed assets

Answer 16

Vaste activa - assets with a duration time longer than one year. (Annual) depreciation.

Question 17

Current assets

Answer 17

Vlottende activa - Assets with a duration time less than one year.

Question 18

Liquid assets

Answer 18

Liquide middelen - Credit balance(s) at bank accounts and/or cash.

Question 19

Equity

Answer 19

Eigen vermogen

• Provided by the owners of a company
• Permanent equity
• Venturous, so risk bearing

Question 20

Liabilities

Answer 20

Schulden - Debts of the company

Question 21

Inventory

Answer 21

Inventaris

Question 22

Accounts payable

Answer 22

Crediteuren

When you receive credit from your supplier

Question 23

Depreciations

Answer 23

Afschrijvingen

Question 24

Bank balance

Answer 24

Banksaldo

Question 25

Sales on account

Answer 25

Verkopen op rekening

Question 26

Redemptions

Answer 26

Aflossingen

Question 27

Mortgage

Answer 27

Hypotheek

Question 28

Private drawings

Answer 28

Privé-opnamen

Question 29

Stock

Answer 29

Voorraad

Question 30

Accounts receivable

Answer 30

Debiteuren | When you provide a supplier credit

Question 31

Debt capital long

Answer 31

Lang vreemd vermogen - Liabilities (loans) with durations longer than one year.

Question 32

Debt capital short

Answer 32

Kort vreemd vermogen - Liabilities with a duration shorter than one year.

Question 33

Venturous

Answer 33

Ondernemend

Question 34

Risk bearing

Answer 34

Risicodragend

Question 35

Debenture loan

Answer 35

Obligatielening

Question 36

Realisation principle

Answer 36

Realisatieprincipe | - Turnover (sales) are accounted for on the invoicedate (the moment of sale/delivery)

Question 37

Matching principle

Answer 37

Matchingprincipe | - Cost of sales / costs of goods sold must be matched to the same period as the sales are accounted for.

Question 38

Prudence principle

Answer 38

Voorzichtigheidsbeginsel - Losses are taken asap - Profits as late as possible.

Question 39

Turnover

Answer 39

Omzet / verkopen

Question 40

Gross margin

Answer 40

Bruto marge

Question 41

Non-legal person

Answer 41

Persoonlijke vennootschap

Question 42

Legal person

Answer 42

Rechtspersoon

Question 43

Sole proprietorship

Answer 43

Eenmanszaak

Question 44

Foundation

Answer 44

Stichting

Question 45

Corporation

Answer 45

Vereniging

Question 46

Cooperation

Answer 46

Coöperatie

Question 47

Notarial deed

Answer 47

Notariële akte

Question 48

Compulsary publication

Answer 48

Publicatieplicht

Question 49

Bearer shares

Answer 49

Aandelen aan toonder

Question 50

Paid-in capital

Answer 50

Gestort aandelenkapitaal

Question 51

Subscribed capital

Answer 51

Maatschappelijk aandelenkapitaal

Question 52

Works council

Answer 52

Ondernemingsraad

Question 53

Large Public Company

Answer 53

Structuurvennootschap

Question 54

Supervisory board

Answer 54

Raad van Commissarissen

Question 55

Board of directors

Answer 55

Raad van Bestuur

Question 56

Authorized (share) capital

Answer 56

Maatschappelijk kapitaal

Question 57

Founding deed

Answer 57

Oprichtingsakte

Question 58

Unissued capital

Answer 58

Aandelen in portefeuille - aandelen die nog niet zijn uitgegeven

Question 59

Issued capital

Answer 59

Geplaatst aandelenkapitaal

Question 60

Shareholders to deposit

Answer 60

Aandeelhouders nog te storten

Question 61

General meeting of shareholders

Answer 61

Algemene vergadering van aandeelhouders (AvA)

Question 62

Company tax

Answer 62

Vennootschapsbelasting

Question 63

Cash dividend

Answer 63

Dividend in geld

Question 64

Stock dividend

Answer 64

Dividend in aandelen

Question 65

Material reserve

Answer 65

Materiële reserve

Question 66

Formal reserve

Answer 66

Formele reserve

Question 67

Retention of profits

Answer 67

Winstinhouding

Question 68

Revaluation

Answer 68

Herwaardering

Question 69

Nominal value (face value)

Answer 69

Nominale waarde

Question 70

Issue price

Answer 70

Emissieprijs

Question 71

Net asset value

Answer 71

Intrinsieke waarde

Question 72

Articles of association

Answer 72

Statuten

Question 73

Certification of shares

Answer 73

Certificering van aandelen

Question 74

(non) Convertible depositary receipt

Answer 74

(niet) Royeerbaar certificaat

Question 75

Profitabilty

Answer 75

Rentabiliteit | - The relation between the revenues of the capital and the capital employed

Question 76

Dissolved

Answer 76

Ontbonden

Question 77

Debt of the estate

Answer 77

Boedelschuld

Question 78

Right of lien

Answer 78

Pandrecht

Question 79

Subordinated liabilty

Answer 79

Achtergestelde lening

Question 80

Power of resistance

Answer 80

Weerstandsvermogen

Question 81

Instantaneous

Answer 81

Momentopname

Question 82

Credit line

Answer 82

Kredietlimiet (op bankrekening)

Question 83

Rate of turnover

Answer 83

Omzetsnelheid

Question 84

Turnover duration

Answer 84

Omloopsnelheid van de voorraad

Question 85

Underwriting syndicate

Answer 85

emissiesyndicaat

Question 86

Reduction

Answer 86

Afstempeling

Question 87

Objective

Answer 87

Doelstelling

Question 88

Owner's equity

Answer 88

Contribution of owners and past earnings

Question 89

Solvability

Answer 89

The extent in which the company is able to pay its liabilities if it is dissolved Can the company pay its debts if it is being dissolved (bankruptcy)

Question 90

Liquidity

Answer 90

The extent in which the company is able to meet its short term payment obligations.

Question 91

Risk

Answer 91

The chance that an event occurs with impact on achieving (the company's) objectives.

Question 92

Risk management

Answer 92

Continuously and systematically monitoring the organisation regarding risks, with the purpose to minimize the consequences of a possible event and the chance that the event occurs.