Financial-Banking College

Glossary
of English terms

Teacher: Brani te Silvia Student: Midari Silvia FA 0604 G

Chisinau 2010

Auction the public sale of something to the highest bidder. Accounting a system that provides quantitative information about finance. Balance Sheet a record of the financial situation of an institution on a particular date by listing its assets and the claims against those assets. Advertising the business of drawing public attention to goods and services. . Bank a building in which commercial banking is transacted.Account a formal contractual relationship established to provide for regular banking or brokerage or business services. Application letter is a letter that is typically used to apply for a job.

Board Of Directors a group of persons chosen to govern the affairs of a corporation or other large institution.Bond a certificate of debt that is issued by a government or corporation in order to raise money. the mutual intercourse of governments by diplomatic agents. Business the activity of providing goods and services involving financial and commercial and industrial aspects. or the like. as a deed. in making treaties. composing difference. a receipt. Business writing any legal instrument. Business negotiation the transaction of business between nations. Contract a binding agreement between two or more persons that is enforceable by law. . a bond. an agreement. Bookkeeping the activity of recording business transactions.

Finance the commercial activity of providing funds and capital. Income Statement a financial statement that gives operating results for a specific period. . Corporation a business firm whose articles of incorporation have been approved in some state. Financing the act of commercial activity of providing funds and capital.Consumer a person who uses goods or services. Customs money collected under a tariff. Fair competition a competitive exhibition of products.

Management the act of managing something. Loan the temporary provision of money (usually at interest). Mass media those channels of communication that reach large number of people. Market Economy an economy that relies chiefly on market forces to allocate goods and resources and to determine prices. . Marketing the commercial processes involved in promoting and selling and distributing a product or service.Interview discuss formally with (somebody) for the purpose of an evaluation. Money the official currency issued by a government or national bank.

. Press the state of urgently demanding notice or attention. Price value measured by what must be given or done or undergone to obtain something. Partnership a contract between two or more persons who agree to pool talent and money and share profits or losses.Offer the verbal act of offering something. Producer someone who finds financing for and supervises the making and presentation of a show . Product commodities offered for sale. Promotion act of raising in rank or position. Report a written document describing the findings of some individual or group.

Wholesaler someone who buys large quantities of goods and resells to merchants rather than to the ultimate customers. Share assets belonging to or due to or contributed by an individual person or group.Retailing the activities involved in selling commodities directly to consumers. . Proprietorship an unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits.

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