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Attachment 2 business english

1. Who’s who in finance

Match each job title on the left with the correct definition on the right (a-j). Use the grid below.

1.

tax inspector

a)

The person who is responsible for an individual bank.

2.

tax consultant

b)

Someone who advises people on how to manage their financial affairs.

3.

bank manager

c)

Someone who prepares an individual’s (or a company’s) tax return.

4.

commodity trader

d)

The person who is responsible for the financial side of running a business.

5.

accountant

e)

A government official who checks that you are paying enough tax.

6.

finance director

f)

The person who finds you the best insurance policy at the best price.

7.

market analyst

g)

Someone who buys and sells stocks and shares for clients, and charges a commission.

8.

financial advisor

h)

Someone who advises you or a company on how to pay less tax.

9.

insurance broker

i)

Someone who comments on business and share prices in a particular sector of the economy.

10.

stockbroker

j)

Someone who buys and sells large quantities of goods, especially food products such as tea, coffee, and cereals, or raw materials such as wood, or metals.

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10

e

The word ending -or or -er indicates someone who does something. In many cases there is a related verb: inspector (inspect), manager (manage), trader (trade), director (direct), advisor (advise).

2. What’s what in finance

Match each word on the left with the correct definition on the right (a-o). Use the grid below. The rest of the words are familiar to you.

1.

pension

a)

Something that the government collects and no one likes to pay.

2.

bank

b)

Where you go to borrow money or get cash.

3.

tax

c)

How you are charged for borrowing money.

4.

dividends

d)

How you can pay for a house, unless you can pay for it in a single payment.

5.

shares

e)

A type of investment made by a company when buying equipment.

6.

inflation

f)

What, in financial terms, a business hopes to make.

7.

bankruptcy

g)

What a company has to prepare every year for presentation to its owners and to the relevant authorities.

8.

capital spending

h)

The situation where a company does not have enough money or property to pay its debts, and so the company closes.

9.

profit

i)

The total amount of sales in a year.

10.

interest

j)

Rising prices, rising costs and rising wages in an economy.

11.

assets

k)

What you buy if you invest money in a company.

12.

turnover

l)

Individuals who invest their money in a company hope to receive these regularly.

13.

liabilities

m)

When you are old, you hope to have one of these.

14.

accounts

n)

The name for all the property, equipment, investments and money owned by a company (or individual).

15.

mortgage

o)

The name for everything that a company owes.

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m

Make a new sentence for each of these terms, either about yourself, or about your company.