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Frage		Antworten
Acquisition Lernen beginnen		A process of buying one company by another.
Adjustment Lernen beginnen		to change something slightly, especially to make it more correct, effective, or suitable
Administration order Lernen beginnen		A decision of the court of justice that formally opens an administration process of an insolvent company.
Asset Lernen beginnen		Something valuable that can be used to pay for the debts.
Audit Lernen beginnen		an official inspection of the company's accounts
Auditor Lernen beginnen		someone whose job is to carry out an official examination of the accounts of a business and to produce a report
Bail Lernen beginnen		money paid for releasing someone from prison
Bail out Lernen beginnen		help somebody with problems especially financial
Balance sheet Lernen beginnen		a statement that shows the value of a company's assets and its debts
Bankruptcy code Lernen beginnen		american set of rules for dealing with bankruptcy
Bankruptcy court Lernen beginnen		a special court that deals with situations in which a business or a person becomes unable to pay their debts, and is officially bankrupt
Board of directors Lernen beginnen		group of people elected for governing a company or organization
Capital reserve Lernen beginnen		an amount of money that a company or organization keeps in a special account for future needs
Catch someone unawares Lernen beginnen		to surprise someone
Chairman Lernen beginnen		person in charge of a meeting of the board
Collapse Lernen beginnen		to fall down suddenly because of pressure or having no strength or support
Collateral Lernen beginnen		An item of value that is pledged to guarantee repayment of a loan
Commencement Lernen beginnen		Synonym – beginning, start
Compensation Lernen beginnen		Money given to someone in order to make up for a loss, a damage etc...
Consumer price index Lernen beginnen		A list of the prices of some ordinary goods and services which shows how much these prices change each month
Credit rating Lernen beginnen		A tool that banks and financial service providers use to assess how likely you are to be able to honour your debt
Creditor Lernen beginnen		it is a person or a company to whom money is owed to
Debt relief Lernen beginnen		when bank or a government tells a person, a company, or a government that they do not have to pay back the money they owe
Debtor Lernen beginnen		Someone who owes money; sometimes called "borrower".
Deduction Lernen beginnen		It is an amount of money calculated and subtracted from a total.
Default on payment Lernen beginnen		Failure to make a loan payment or other monetary obligation at a proper time.
Deterioration Lernen beginnen		It is a constant process of becoming worse
Dissolution Lernen beginnen		the last stage of liquidation, the process by which a company (or part of a company) is brought to and end.
Dissolve Lernen beginnen		to end an official organization or a legal arrangement
Distraint Lernen beginnen		to take and sell property from someone who owes you money in order to pay back their debt
Downturn Lernen beginnen		a decline in economic or business activity
Draw on Lernen beginnen		start using a supply of something
Due diligence Lernen beginnen		Action which is reasonable to be taken in order to secure their property or any other asset.
Expenditure Lernen beginnen		the amount of money spent
foreclosure Lernen beginnen		is a legal process in which a lender takes back property that was bought with borrowed money because the money was not being paid back as agreed
Go under Lernen beginnen		fail financially and stop operating
Going into administration Lernen beginnen		process, in which your company is being taken under the management of a court appointed
administrator Lernen beginnen		who must be a licensed insolvency practitioner
Invoice finance Lernen beginnen		general term used to describe the process of selling invoices for a percentage of their value.
inheritable Lernen beginnen		capable of being transmitted by heredity from one generation to a later one
Insolvency Lernen beginnen		dition in which a company doesn't have enough money to pay debts, buy goods etc.
Insurance Lernen beginnen		It is an agreement with a company to provide compensation for specified loss.
Intangible assets Lernen beginnen		something valuable that a company has that is not material, such as a good reputation
Knock-down price Lernen beginnen		A price that is very low; very cheap.
Lease Lernen beginnen		To make a legal agreement by which money is paid for using a building, a vehicle, land, or a piece of equipment for a stated period of time.
Lender Lernen beginnen		institution or a person that lends money
Lessee Lernen beginnen		person who pays to use property owned by someone else
Liability Lernen beginnen		something that you owe to somebody, i.e. a mortgage, loan payment credit/store cards.
Liquidation Lernen beginnen		the process of closing a business, so that its assets can be sold to pay its debts
Liquidator Lernen beginnen		A person in charge of closing a company.
loophole Lernen beginnen		It is a small mistake in legal system or in an agreement. People exploit loopholes in order to do something that would be otherwise illegal.
Management Lernen beginnen		Managpeople who are in control of a company or an organizationement
Moratorium Lernen beginnen		legally authorized period of delay in the performance of a legal obligation or the payment of a debt
Non-core activities Lernen beginnen		activity which is not the main revenue source of the business
Outstanding debt Lernen beginnen		a debt that has not yet been repaid in full
over-reliance Lernen beginnen		too much dependence on something
Overwhelmingly Lernen beginnen		absolutely, definitely or extraordinarily
Payable Lernen beginnen		required or able to be paid.
Petition Lernen beginnen		to make an appeal to an authority
Preferential creditor Lernen beginnen		Is an individual or organization that has priority in being paid the money it is owed if the debtor declares bankruptcy
Principle Lernen beginnen		An idea which is used as a basis for a system of belief.
Proceeds Lernen beginnen		Cash received from a sale or a particular activity, after all expenses and taxes are deducted.
Reassemble Lernen beginnen		to rebuild something; to bring something together by joining its parts
Reliance Lernen beginnen		it means trust or dependence.
Repayment Lernen beginnen		the act of repaying someone or something
Reservations Lernen beginnen		Having second thoughts. Having doubts
Residual assets Lernen beginnen		assets after all secured obligations have been paid. (assets that remain after sufficient assets are dedicated to meet all senior debt holders' claims in full).
Restructure Lernen beginnen		to change the organisation of something
Risk management Lernen beginnen		process of identifying threats and taking actions to counter those threats
ruling Lernen beginnen		It is an official decision or statement made by a judge or court
Scope Lernen beginnen		the relevant area of something
Secured creditor Lernen beginnen		an organization that has lent money under an agreement that they can take particular assets from the borrower if the money is not paid back
Severance Lernen beginnen		Money paid for the last time by employer to an employee whose job is going to an end.; a termination of something, for example dissolution of an employment contract.
Statutory accounts Lernen beginnen		set of financial reports prepared at the end of each financial year
Strike off Lernen beginnen		is a process by which a company is removed from the register and dissolved
Student loan Lernen beginnen		Special type of loan, which helps students with paying up for their tuition, books and supplies, and living expenses and other fees.
Subsidiary Lernen beginnen		a company that is owned by a larger company
surplus Lernen beginnen		It is an amount that is more than is needed
Takeover Lernen beginnen		term used to define taking control by using force
Timber Lernen beginnen		trees that are grown so that the wood from them can be used for building
to assess Lernen beginnen		-to judge something based on a certain set of information; to estimate
to go under Lernen beginnen		to go into liquidation; to stop operating (as a company);
To sell off Lernen beginnen		a sale of a business, particular assets, etc. at a low price to encourage someone to buy it; or a sale of an investment, such as shares in a company, that causes its value to fall
Trademark Lernen beginnen		symbol placed by a producer on the goods made by it, referring to the producer, composed of words, drawings or numbers, etc.
Trustee Lernen beginnen		is a person appointed to represent the debtor's estate in a bankruptcy proceeding.
Unawares Lernen beginnen		suddenly and unexpectedly without any warning
Venture Lernen beginnen		a new activity, usually in business, that involves risk or uncertainty
Ward off Lernen beginnen		to prevent someone or something from happening or affecting someone
Warehouse Lernen beginnen		commercial building of company used for storing things before they are sold or used
Winding- up Lernen beginnen		Closing a business, investment. Liquidation of a company
Withhold Lernen beginnen		to keep something back, suppress or hide
Working capital Lernen beginnen		The money needed to run a business from day to day
Write off Lernen beginnen		To officially say, that someone doesn't have to pay an amount of money they owe

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