Basic Business English

1. Basic Business English

2. Money Coined money (coins) Folding money (banknotes) Foreign currency Funny money

3. Can you guess the meaning of: Money spinner Money bag Money laundering Seed money

4. What can be done with money? lend borrow earn inherit run out of owe save raise pay refund

5. lend – posuditi nekomu borrow – posuditi od nekoga earn – zaraditi inherit – naslijediti run out of – potrošiti sav novac owe – dugovati save – (u)štedjeti raise – prikupiti (od donacija) pay – platiti, dati novce za nešto refund – vratiti plaćen novac

6. Complete the following: • When a government or comany borows money from investors, the certificates it issues to them are called B__________. • If you pledge something as a S____________ for a loan, you promise to give it to the person who lends you money if you fail to pay it back.

7. When a government or comany borows money from investors, the certificates it issues to them are called BONDS. • If you pledge something as a SECURITY for a loan, you promise to give it to the person who lends you money if you fail to pay it back.

8. We’re organising a concert to .......... money for charity. I .......... a lot of money for that car. It cost me over £20,000. If you’re unhappy with the product, just bring it back and we’ll .......... your money. Could you .......... me £5? I’m flat broke. - You already owe me £10, so .......... it from somebody else. When her father dies, she’s going to .......... a lot of money. Building has stopped because the construction company has .......... out of money. What’s your salary? How much money do you .......... ? I try to .......... some money each week. I usually manage about £20.

9. We’re organising a concert to RAISE money for charity. I PAID a lot of money for that car. It cost me over £20,000. If you’re unhappy with the product, just bring it back and we’ll REFUND your money. Could you LEND me £5? I’m flat broke. - You already owe me £10, so BORROW it from somebody else. When her father dies, she’s going to INHERIT a lot of money. Building has stopped because the construction company has RUN out of money. What’s your salary? How much money do you EARN? I try to SAVE some money each week. I usually manage about £20.

10. Money youcanget… What is the difference between: Salary Pay Wages Fee Income Damages Reward Scholarship

11. Money youhave to give… Bill Fine Toll Tax Tuitionfee Contributions

12. Fillintheblankswiththewordsbelow: fine, fee, bill, charges, damages, salary, wages, income, check Therewillbeanincreaseinpostalandtelephone ________. Haveyouseenourtelephone _______ thismonth? Johngot $2,000 in _________ fromthe bus company he had sued. He waved to thewaitertogetthe _____. Shepaid a $1,000 _____ for _____ taxevasion. There is a differencein ______ between a managerandanemployee. Mylawyer’s __________ washigherthan I expected. He lives on occasionaldaily ___________.

13. TherewillbeanincreaseinpostalandtelephoneCHARGES. HaveyouseenourtelephoneBILL thismonth? Johngot $2,000 inDAMAGES fromthe bus company he had sued. He waved to thewaitertogettheCHECK. Shepaid a $1,000 FINE for INCOME taxevasion. There is a differenceinSALARY between a managerandanemployee. Mylawyer’s FEE washigherthan I expected. He lives on occasionaldailyWAGES.

14. „Račun” What is the difference between: Account Bill Invoice Receipt

15. Bank account Current account – tekući račun Joint account – zajednički račun Foreign-exchange (currency) account – devizni račun Transfer account – žiro račun

16. Remuneration FromtheConstitution: Everyemployeehastheright to fairremuneration. Canyouguessthemeaningofthewordremuneration?

17. Completethefollowingwiththewordsbelow: job, business, vocation, profession, work, labour I wouldlikemyson to takeoverthe ___________ when I retire. Afterschool, I got a ________ inabank. He wassentenced to threeyearsofhard ________. He is thebestthere is inthemedical _________. I finish _______ at 4. I alwaysknewnursingwasmy _____________.

18. I wouldlikemyson to takeovertheBUSINESS when I retire. Afterschool, I got a JOB in a bank. He wassentenced to threeyearsofhardLABOUR. He is thebestthere is inthemedicalPROFESSION. I finishWORK at 4. I alwaysknewnursingwasmyVOCATION.

19. Shares • Companyshares are listed or quotedonthe S_________ market or E__________. • A personwhoownssharesin a company is called a S________________. • Ifyouwant to buy or sellshares, youneedtheservicesof a B_________ (D________).

20. Company shares are listed or quoted on the STOCK market or EXCHANGE. • A person who owns shares in a company is called a SHAREHOLDER. • If you want to buy or sell shares, you need the services of a BROKER (DEALER).

21. Stock market • When prices reach record levels reflecting high economic G___________, we talk about a B__________ on the stock market. • A period with little or negative growth is a R____________ (or a S_________).

22. When prices reach record levels reflecting high economic GROWTH, we talk about a BOOM on the stock market. • A period with little or negative growth is a RECESSION (or a SLUMP).

23. GDP GDP - Gross domestic product The total value of all the goods it has produced and the service it had provided in a particular year.

24. Companies • The activities of managing companies and starting new ones is called E_____________. The people involved in it are E_________________. • Unsuccessful companies may go out of business or B______________.

25. The activities of managing companies and starting new ones is called ENTERPRISE. The people involved in it are ENTREPRENEURS. • Unsuccessful companies may go out of business or BANKRUPT.

26. Financial districts • The financial district of London is The C______, which corresponds to W_______ ________ in New York.

27. The financial district of London is The CITY, which corresponds to WALL STREET in New York.

28. Thankyou for yourattention!