definitions english bussiness

8/6/2019 Definitions English Bussiness

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gyptisch-Deutsche Hotelfachschule- Paul Rahn - El Gouna

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Definitions

1- An order form: is a form for a request for goods.

2- An invoice (A bill): is a request for payment.

3- A pro-forma invoice: is a request for money in

advance.

4- A statement: is a form showing all the transactions

between a company or a bank and

an account-holder.

5- A cheque: is a note to a bank telling them to pay

money to someone.

6- A credit card: is a card that allows somebody to get

goods or services without using money.

7- Receipt: is a paper to show you have received

something.

8- Cash on delivery: is collecting payment in full on

the delivery of goods.

9- Receipt on account: shows that you have paid

some money to the supplier on account.

10- Account card: is used to buy goods on account.

11- Credit advice : shows that some money has been

credited to your account .

12- Supply contract : shows that you agree to supply a

company with goods for a period of time.

13- Cash discount: it means you receive a discount for

paying cash for goods or services.

Prepared by,Mohamed Fou'ad

An English Instructor

The British Academy

[email protected]@gmail.com

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14- Cash machine: is a machine inside or outside a

bank from which you can get money at any

time by putting a cash card in it.

15- Cash card: is a plastic card given by a bank to its

customer to get money from a cash

machine.

16- Balance: is the amount of money you have in your

account.

17- Acredit note: is a document sent by one merchant

to another admitting that he owes him a

sum of money.

18- An overdraft: is an amount of money by which a

bank account is overdrawn.

19- A debit note: is a document sent by one merchant

to anotherinforming him that a certain

amount of money has been placed to his

debit.

20- PIN number: is the secret number that the bank

gives the customer to key in when he uses a

cash machine.

21- Traveller's cheque: is a cheque that you can

change into foreign money when you are

traveling abroad.

22- A Transaction: is a piece of business done.

23- A current account: is for paying in and taking out

money from a bank frequency.



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24- A deposit account: is for saving money and earning

interest in bank.

25- Banker's draft: is a cheque from a company's bank

to a supplier's bank.

26- Credit reference: is given from the company's bank

to state whether the bank thinks the

company can repay its debits.

27- A reminder: is a note sent to customers who have

not paid in an invoice.

28- A contract: is an agreement between two or more

parties which can be enforced by law.

29- Remittance: is the sending of money in payment for

something.

30- Interest: is what is paid for borrowing money or for

investments.

31- Horticultural products: are products of flowers,

fruit and vegetables.

32- Visible exports: are exports that can be seen such

as oil, cotton etc

33- Invisible exports: are services like tourism, the

Suez Canal and those who work abroad.

34- Factories: are places where goods are

manufactured.

35- Wholesaler: buy's goods from the manufacturers

and sells them to retailers.

36- Retailer: Buy's goods from the wholesaler and

suppliers then sell them to the customers.



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37- A freight forwarder company: arranges the

transport of goods.

38- Importer: buys goods from other countries.

39- Exporter: sells goods to other countries.

40- An air waybill (= An air consignment note): is a

ticket and receipt for goods sent by air.

41- A bill of lading: is a ticket and receipt for goods

sent by sea.

42- A combined transport document: is a ticket and

receipt for goods sent by more than one

means of exports.

43- Export trade: is all the exporting activity in a

country.

44- Export surplus: is having a greater export than

imports.

45- Export licence: is permission to export certain

goods.

46- Export subsidy: is money from the government

which helps exporters.

47- Export credit: is money that banks lend to

exporters.

48- Export ban: is a rule that makes countries unable to

export certain goods.

49- A warehouse: is the place where goods are stored.

50- Raw materials: are materials used for

manufacturing.

51- Components: are manufactured parts.



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52- Carrier: is a company that transports goods.

53- Consignment: is a collection of goods that is sent at

the same time.

54- Stock: is the amount of goods that you have in a

warehouse.

55- Stock taking: is counting the goods that you have in

a warehouse.

56- Distribution costs: are the costs of getting goods

from the manufacturer to the customer.

57- Comprehensive insurance: the insurer pays any

repairs.

58- A proposal form: is a form you fill in when you

apply for insurance.

59- Insurance certificate: is a document which proves

that something is insured.

60- A policy document: is a document that gives

details about your cover.

61- A premium: is payment for insurance.

62- A claim form: is a request for money when your

insured property is damaged.

63- Compensation: is the money paid when your

insured is damaged.

64- Marine insurance: is insuring ships.

65- Lloyd's: is a famous insurance market in London.

66- Insurance broker: is one who finds you the best

and cheapest insurance policy.



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67- Life insurance: the insurance will pay your family if

you die suddenly.

68- Loss assessment: is done to find how much

damage was caused.

69- Risk analysis: is done to calculate the premiums.

70- A hull underwriter: insures the ship but not the

cargo.

71- A cargo underwriter: insures the freight on the

ship.

72- A worldwide policy: insures all over the world when

traveling.

73- Third party insurance: protects people who are not

part of the policy.

74- Customs declaration: is the document where you

describe which goods you are importing.

75- Customs invoice: is the customs bill.

76- Customs clearance: shows that you can take your

goods out of the customer area.

77- A quota: is the number or quantity of goods that can

be imported.

78- Tariff: is the duty you pay on goods.

79- Certificate of origin: proves that the goods are

imported were manufactured in a certain

place.

80- Quotation: is the price that somebody says they

would charge for certain goods.



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81- A port: is a town or part of a town where ships come

and go.

82- A dock: is the part of a port where ships are tied up.

83- A delivery date: is a date when goods are due to

arrive from the supplier.

84- Passenger's cargo vessel: transport goods and a

few passengers and travels on scheduled

routes.

85- Tramp: offers its services anywhere in the world.

86- Oil Tankers: Carry oil.

87- Bulk carrier: transports wheat, metal etc

88- Container ship: transports goods in big containers.

89- A Bill of Lading: is a ticket and receipt for goods

sent by sea.

90- A Bill of Exchange: includes instructions to the

importer's bank.

91- International Arbitration: deals with disputes

between companies in different countries.

92- The International Chamber of Commerce: is an

organization that makes fair decision

concerning disputes between companies in

different countries.

93- Civil Law: is law that is related to the rights of

ordinary people.

94- Criminal law: is law that is related to crimes.

95- Counterfeiters: put famous manufacturer's names

on their products.



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96- A web browser: is a piece of software that you use

to access when you access a web site.

97- A trespasser: A person who takes somebody's land

or possessions.

98- Counterfeit goods: are illegal copies of goods.



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