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VOCABULARY FINANCE

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