BUSINESS ENGLISH
FINANCIAL Terms
Profit -> Money which is earned after paying the cost of producing and selling goods and services.
Turnover -> The total amount of money received from sales of goods and services.
Interest rate -> The amount that a bank charges on money that it lends.
Costs -> The money you need to spend to keep an organisation functioning.
Asset -> Something valuable belonging to an organisation which can be used for the payment of debts.
Liability -> debt
Finance Vocabulary Words
Volatile -> a quick and unexpected change
Liquidity -> being easily changed into cash or money
Asset -> something that is owned by a person or company
Liability -> something a person or business is legally responsible to pay money for
Equity -> the value of a piece of property after any debts for it have been paid
