BUSSINES VACABULARY

Avila Nuñez Nathalia Alexandra

Correa Quiñonez Angie Natalia

Teacher
Katty Sanchez

English II

27/03/20

CENTRO DE CAPACITACION BOLIVAR

SOACHA
 VOCABULARY
1: Bill: a printed or written statement of the money owed for goods or services.
Example:
when buying my materials they gave me a Bill
2: Bonds: a thing used to tie something or to fasten things together.
Example: "she brushed back a curl which had strayed from its bonds"
3: Creditor: a person or company to whom money is owing.
Example: "he sold his Ferraris to pay off his creditors"
4: Debtor: a person, country, or organization that owes money.
Example: "generally, debtors must negotiate with each creditor separately"
5: a picture or diagram made with a pencil, pen, or crayon rather than Paint
Example: "a series of charcoal drawings on white paper"
6: Equity: the quality of being fair and impartial.
Example: "equity of treatment"
7: Estimate: roughly calculate or judge the value, number, quantity, or extent of.
Example: "the aim is to estimate the effects of macroeconomic policy on the economy"
8: Journal: a newspaper or magazine that deals with a particular subject or professional
activity.
Example: "medical journals"
9: Limited Company: a private company whose owners are legally responsible for its
debts only to the extent of the amount of capital they invested.
Example:
10: Net Profit: the actual profit after working expenses not included in the calculation of
gross profit have been paid.
Example: "the company reported net profits up 7.6 per cent"
11. Asset:
An asset Is an economic resource that can be owned and Is exptected to provide future
economic benefits.
Example: “ the assets of the new Company are not enough”

12. Accounting Software:

Describes a type of application software that records and processes accounting
transactions within functional modules such as accounts payable accounts receivable
journal general ledger, payroll and trial balance.
Example: “the software application is being updated therefore, there is no service to make
transactions”
13. Capital Accounts:
The capital account is the part of the balance of payments Wich records all transactions
made between entities in one country with entities in the rest of the world.
Example: “ the capital account is unbalanced due to lack of unrealized transactions”
14. Coronavirus Job Retention Scheme:
Is designed to support employer's whose operations have been severely affected by the
coronavirus, it's a time sheme.
Example: “My computer has sent me a computer to work at home”
15. Debit:
A debit is on accounting entry that results in either on increase in assets or a decrease in
liabilities on a companys balance sheet.
Example: “My debir card has been cloned by a thief”
16. Depreciation:
Depreciation is an accounting method of allocating the cost of a tangible or physical asset
over it's useful life or life expectancy.
Example: The products that have sold the least are in the depreciation drawers.
17. Expense:
An expense is the cost of operations that a company incurs to generate renueve it's the
popular saying guess it costs money to make money.
Example: Colombians expenses are excessively exaggerated?
18. Fixed costs:
Is a costs that does not change with an increase or decrease in the amount of goods or
services produced or sold.
Example: as a puchasind strategy we must keep our fixed costs.
19.Goodwill:
Is an intangible asset associated with the purchase of one company by another.
Example: “ companies that goodwill with each other order to again more customers”
20. Employe:
A person who is paid to work to soeone else some of ther employeers do not have
insurance.
Example: “ employees of new companies have complained about their wages”
 DIALOGUE
EXPRESSIONS
Terms

Angie- good mornirng miss Natalia, are you well?

Natalia- im fine, and you?
Angie- very well, thanks for asking.
I have come to expose you the product that I talk to you by e-mail and I would like you to
be my creditor to get the most out of this business since you will see good result in all the
departments of the company!
Natalia- Can you offer us a discount if we order a large quantity?
Angie- Yes, that sounds good, would we like to know what you think of the new product
idea?
Natalia-yes that sound good, i am agree.
Angie- We’re willing to consider you offer but with the following changes…
1. Fixed costs on products that are mostly sold. we don’t want to haggle over
prices.
2. Commissions for employees who make significant comebacks.
3. We will not contribute the assets to 100%
4. Wr need to keep our profit margins in a capital account
5. Avoid unnecessary expenses.
¿ Do you and your staff agree?
Natalia- Willing to consider their offter but with the following 30% and not 50% and likewise
our earnings would be 20%.
Angie- . I’m afraid I had something different in mind because my group does not have the
Budget to contribute 70% the idea is that you accredit us.
Natalia- The sooner we do it, the better.
Angie- ok, what do you think if the whole team meets next Tuesday at 9am, do you think?
Natalia- I’m sorry but I can’t make it on Tuesday. What about next week?
Angie- Give it a go, our team and i would it like to do right from the beginning in order
to reach an agreement.
Natalia- ok, see you next week