Exercises Word Study

Translate the following definitions into Ukrainian.

Capital - Money, property and assets used in a business

Capitalization - Value of a company based on its total

share value

Capital budget - The spending plan for assets whose re-

turns are expected to occur over an ex­tended period of time (more than 1 year)

Operating budget - The projection of national currency allocations

Master budget - The financial plan that summarizes the

operating, capital, and cash budgets

Financial control - A process that periodically compares

the actual revenue, costs, and expenses with projections

Cash-flow forecast - A prediction of cash inflows and out-

flows in future periods

Bad debts - People or firms that do not pay. Debts

which will not be paid

Sound company - Financially stable, strong company

Tax - Money charged by the government or an official body

to pay for services and to finance different state programmes

Transaction - Financial operation f exchange of goods or services

Find the following words and phrases in the text. Translate sentences containing them into your mother tongue.

willing to contribute, to get a true feel for finance, obtaining funds, financial forecasting, accounts receivable, to meet needs, bad debt losses, tax implications, tax computation, to check on ledgers, to check up, financial statement.

Match the words in Column I with their antonyms in Column II:

Assets Losses

Revenues To spend money (to waste, to invest)

Profit Accounts payable

Cash-inflow To collect money

To raise funds Liabilities

Accounts receivable Cash-outflow

To credit, to lend, Expenditures (expenses)

to grant money Payments in advance

To own To borrow money

Overdue payments To owe

74