Etedp Stage 1 Unit 3

Front 1

Entrepreneur

Back 1

A person who organises and operates a company and assumes much of the associated risk.

A person who organises, operates and assumes the risk for a business venture.

Front 2

Expansion

Back 2

Noun for 'expand'

If something expands, it becauses bigger.

An increase, enlargement or development, especially in the activities of a company.

Front 3

Employment Pass

Back 3

Employment -- Employment is having a job.

Pass -- A pass is a piece of paper, plastic, etc that allows somebody to enter a building, vehicle or area.

Employment pass -- A work visa that permits foreign entrepreneurs, directors, shareholders and skilled professionals to work and live in a foreign country for a limited time.

Front 4

Incorporated

Back 4

An incorporated company is a corporation.

Formed or organised as a legal corporation.

Front 5

Enterprise

Back 5

A business or company

Front 6

Stock exchange

Back 6

Stock -- A stock is a share in a public company.

Stock exchange -- a place where people buy and sell stocks and shares.

Front 7

Share

Back 7

Several people can get a share of somjething if they divide it between them.

The many equal parts into which the company's ownership is divided.

Front 8

Debentures

Back 8

A short-term debt.

Certificates or vouchers acknowledging a debt.

Front 9

Volatile

Back 9

If something is volatile, it is dangerous or becomes bad easily.

Front 10

Insider trading

Back 10

Insider -- someone on the inside

Trading -- Present participle (+ing) of trade. When someone trades, he is buying or selling things.

Insider trading -- the illegal buying or selling of securities on the basis of information that is unavailable to the public.

Front 11

Securities

Back 11

Securities are financial documents like stocks, bonds and notes.

Certificates of creditorship or property carrying the right to receive interest or dividend, such as shares or bonds.

Front 12

Business calling card

Back 12

A business card or name card

Front 13

Initial public offering

Back 13

Initial -- for the first time

Initial public offering -- A company's first offer to sell stocks to the public.

Front 14

Capital

Back 14

A person's captial is all his money and wealth.

The nominal value of the authorised or issued shares.

Front 15

Interest

Back 15

When someone borrows money, they have to give back more money than they borrowed. The extra money they have to pay is called interest.

Extra money to pay if money is borrowed or something is bought on credit.

Front 16

Equity

Back 16

The money gained from selling of stocks.

Fund provided to a business by the sale of stock.

Front 17

Loan

Back 17

Money borrowed

Front 18

Fund

Back 18

If you fund something, you give it money for its activities.

To provide money in support for something.

Front 19

Growth

Back 19

The act of growing (getting bigger).

Increase in company's profits, sales or turnover.

Front 20

Acquisition

Back 20

Acquision is the act of getting something, often by buying it.

Act of acquiring or gaining possession.

Front 21

Portfolio

Back 21

The various investments by a person or organisation.

A group of investments held by an investor, investment company or financial institution.

Front 22

Profile

Back 22

The most visible parts of an object.

Visibility.

Front 23

Flotation

Back 23

The act of offering a company's shares for sale for the first time.

The launching or financing of a commercial enterprise by bond or share issues.