the business world Flashcards
(103 cards)
to face the axe
to get fired: all staff have been warned that they face the axe should productivity not improve, and that no one is exempt from having to up their perfomance
float on the stock exchange
to sell shares on a stock market in order to finance a new company: rumours abound that he is about to float on the stock exchange
companies merge
to join together: there’s talk of the two companies merging and it is believed that they would benefit significantly from synergy were this to happen
embark on
a hostile takeover bid
completely
by a great amount
well and truly
by far and away
facilitate
an easy transition
the current structure does not facilitate efficient work flow/to facilitate learning
issue an unexpected profit warning
to warn shareholders that profits are going to be low
to engage in panic-selling as a consequence
to end a business
to wind up
operate as a going concern
to run a business successfully
run a tight ship
alliance
to form/forge an alliance
be at loggerheads
to disagree over smth
motion
a formal suggestion made and voted on at a meeting (at a committee)
introduce/make/propose/put forward a motion (to), pass/approve/ carry a motion, defeat/reject a motion, vote for/in favour of/against a motion
put forward a motion of no confidence in
to strip the assets
to sell the assets of a company
to audit the books/accounts
to conduct an official financial inspection of a company’s books
to conduct/undertake an audit (undertake an audit of staff performance/be subject to audit and inspection)
to falsify data and figures in a dishonest way
to fiddle the accounts/books
to plan how much money you’ll spend on smth
budget
draw up a budget/within a budget/to remain within your budget/budgeted(for)/on a budget/cuts in the budget/cut/reduce/increase a budget
to budget for an additional expenditure
provide a company with money by seeking investors
recapitalise a firm
cost
cut/reduce costs, at great personal cost, to smn’ cost, at the cost of, at cost, at any cost, estimated costs, cover the cost of , considerable/enormous cost, cost in time and effort, at a cost to, to introduce cost-cutting measures
warn smn
put smn on notice (that)
overrun
an overrun of, face budget overruns, spending overruns considerably, overrun by(minutes), overrun your budget
reduction in the estimated value of an asset and other way around
write-down
to write down a company’s value
write-up
Companies should allocate a specific value to intangible assets rather than just being able to write them up as goodwill.
a significant write-up of assets( also: to write smth up- to complete writing or recording smth using your notes: to write up a report /write up your notes/ article in a magazine : to get a good write-up in a newspaper)
to have no profit or loss
break even
to call a meeting
to convene a meeting , also to convene a conference/committee
a council convenes (assemble)
an examination of smn’s credit history by a financial organization
credit check
to conduct/run/do a credit check on smn
ex. legally, employers must have written permission from applicants to do a credit check