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VOCABULARY FINANCE
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Imperfect, not working properly
Defective
Money which you officially apply for because you think you are entitled to it.
Claim
A currency composed of the rates of several other currencies, the unit currency of the IMF
SDR - Special Drawing rights
Payment that you claim for a person or organization that is responsible for something unpleasant that has happened to you.
Compensation
Repayment of money
Reimbursement
The money the business makes before paying to the government
Pre- tax profits
a part of the profits of a company paid to the owner of shares
Dividend
when a person or organization is unable to pay their debts
Bankruptcy
a company’s profits divided by the number of its shares
Earning Per share
A place where company shares are bought and sold
Stock Market
Money owed by one person or organization to another person or organization.
Debt
Equal parts into which the capital or ownership of a company is divided
Shares
A period of time when business activity decreases because the economy is doing badly.
Recession
Difference between the selling price of a product and the cost of producing it
Gross Margin


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