Ingles

I Part Definitions Technique

Account: An arrangement with a bank to keep your money there and to let you take it out when you need to. |
Asset: Something which a person or company owns whichhas a value. |
Audit: When an independent person examines all the financial records of a company to produce a report. |
Banking: The business of operating a bank. |
Boss: Someone who isresponsible for employees and tells them what to do. |
Budget:A plan that shows how much money you have and how you will spend it. |
Cash: Money in the form of coins and bills. |
Creditor: A person ororganization that someone owes money to. |
Customs: The place where bags are examined when you are going into a country, to make sure that you are not carrying anything illegal. |
Debt: An amountof money that you owe. |
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Debtor: Someone who owes money. |
Depreciation: To reduce the value something especially in business. |
Earning: To make a profit. |
Expenses: Money that you spendwhen you are doing your job, that you employer will pay back to you. |
Finance: The control of how large amounts of money should be spent. |
Funding: An amount of money collected, saved orprovided for a purpose. |
Income: Money that you earn by working, investing or producing goods. |
Inflow: An amount of money coming into a business. |
Insurance: An agreement in which you pay companymoney and they pay your costs if you have an accident, injury. |
Inventory: A list of all the things that are in a place. |
Liability: A debt of a business. |
Loan: Money that someone hasborrowed. |
Mortgage: Money that you borrow to build a house. |
Outflow: An amount of money coming into a business. |
Overhead: Money that a company spends on its regular and necessary costs, forexample rent and heating. |
Product: Something that is made or grown to be sold. |
Profit: Money that you get from selling goods or services for more than they cost to produce or provide. |...