Business Vocab 3

3. an amount of money paid to someone according to the value of goods, services, investments etc. they have sold.
4. an estimate of income and expenditure for a set period of time.
6. to design and develop new and better products.
8. a place or large building which is used to make or provide a particular product or service.
12. The possibility of some kind of loss.
13. a sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits (or reserves).
14. someone judged to be unable to pay their debts by a court of law, and whose financial affairs are handled by a court official until the debts are settled.
15. to become larger in size, amount, or number, or to make something larger in size, amount, or number.
18. an entry recording an amount owed, listed on the left-hand side or column of an account.
19. a company where individual shareholders lose only the cost of their shares if the company goes bankrupt, and not other property they own.
20. someone’s energy, motivation, and ability to work hard.
21. a person or organization whose job is to buy and sell shares, currencies, property, insurance etc. for others.
22. a list of goods sent or services provided, with a statement of the sum due for these; a bill.

1. information sent regularly by a bank to a customer, showing the money that has gone into and out of their account over a particular period.
2. a name given to a product or group of products by a company for easy recognition.
3. the activity or condition of competing.
5. a short written statement made by an organization, intended to communicate its aims to customers, employees, shareholders, etc.
7. a formal, usually written, request for something or for permission to do something.
9. how, why, where, and when consumers buy things, and the study of this.
10. the ideas, beliefs, and customs that are shared and accepted by people in a society.
11. an offer to buy something, for example a company in a takeover, or the price offered.
16. the duty of someone in a professional position to inform customers, shareholders etc. about facts that will influence their decisions.
17. made to look exactly like something else, usually illegally.