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