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In this second edition of Business Vocabulary in Use Advanced, explicit reference is made to the business material in the Cambridge International Corpus (CIC) – business pages of newspapers, business textbooks, and business meetings and discussions.
Cambridge International Diploma in Business – Advanced Level 39 debenture This is properly called stock – it is a means of raising long-term capital for a company. The assets of the company are collateral so, if the debenture holders are not paid their annual interest, they can sell assets.
Glossary of Business Terms (List is separated by Accounting & Finance Terms. Note, terms may be repeated) Accounting Terms . Account ‐‐ a record of financial transactions; usually refers to a specific category or type, such as travel expense account or purchase account.
less. Download Free PDF. Business Vocabulary in Use (Cambridge Professional English)
Accounting: The process of gathering and preparing financial information about a business or other organisation in a form that provides accurate and useful records and enables decisions to be made. Accounting cycle: This covers everything from opening the 'books' at the start of the year to closing them at the end.
The presentation is divided into a number of sections indicated by letters: A, B, C, etc, with simple, clear titles. As well as explanations of vocabulary, there is information about typical word combinations and the grammar associated with particular vocabulary, for example the verbs that are typically used with particular nouns.
Business English vocabulary is the vocabulary about the business contexts, such as finance, banking, international trade, investment, commerce, advertising, marketing etc, so it may be difficult to understand even for many native speakers of English.
