Moeilijke woorden engels

to acquire experience

get knowledge through doing things

fringe benefits

something that you get for working, in addition to your pay, that is not in the form of money

severence package

<-> compensation, remuneration package

a boardroom row

a room where the people who control a company or organization meet

a fat cat

executives with very high pay and benefits

labor, trade unions

they defend the interests of workers

to be demoted

moved to a less senior job

to downsize

you make the company smaller by reducing the number of people working for it

glass ceiling

this prevents woman from getting further than a particular level

Affirmative Action, equal opportunities, positive discimination

A policy designed to give special attention to or compensatory treatment for members of some previously disadvantaged group.

to head

to lead, guide

vice-presidents

the senior managers in charge of particular areas

establishment

used to talk about the act of founding something as well as a particular organization, or part of one

media magnates, property moguls, software tycoons

people in charge of big business empires, especially journalists

bureaucracy

the system for running government departments, with its rigid (stijve) rules and slow decisions

mutual

having or pertaining to a form of corporate organization in which there are no stockholders, and in which profits, losses, expenses,... are shared by members in proportion to the business each transacts with the company

members

a person that is part of society community

Demutualization

proces waarbij een bedrijf eigendom is van beide partijen wordt omgezet in een bedrijf dat eigendom is van aandeelhouders

diversified

it starts making new products or offering new services

moderator

someone who tries to help other people come to an agreement

field trials

involve placing a new product in selected stores to test customer response under real-life selling conditions

bugs

any error in the program

CAD/CAM

Computer-Assisted Design/Computer-Assisted Manufacturing

industrial scale

The large size or amount characteristic of industry

rollout

the process of making a product available, perhaps in particular places to test reaction

cutting edge or leading edge

the most advanced position in an area of activity

state-of-the-art

very modern and using the most recent ideas and methods

obsolete

no longer in use

copyright infringement

an occasion when someone uses another's text, pictures without permission

royalty payment

A payment made to the owner of a design by someone else who uses it, or to an author by a publisher

churn out

to produce large quantities of something, especially without caring about quality

surplus or glut

overschot, if far too many things are produced then is a surplus or glut these things

spare parts

pieces that replace ones that are broken, overige delen

subcontracting

outside suppliers to provide components and services

lean production

making things efficiently without wast

Wikinomics is a form of mass collaboration

where companies have large numbers of people working together on the internet to solve problems and develop products

prosumers

a customer who wants to buy high quality technical products or equipment

the long tail

why the future of business is selling less or more

benchmarking

a level of quality that can be used as a standard when comparing other things

end-users

the person or organization that uses something rather than an organization that trades in it

market reforms

changes to an economy made by a government so that it becomes more like a market economy

competitors or rivals

a person, team, or company that is competing against others

low-key

if competition isn't strong

FMCG

Fast Moving Consumer Goods - frequently purchased consumer items such as foods, cleaning products and toiletries.

loss-leaders

Cheap items which are there to attract customers

Cutting out the middleman

When someone buys something directly from a producer, instead of from a distributor, in order to save money

cold calls

telephone calls to people you don't know to sell something

a cross-promotion

you buy one product and you are recommended to buy another product

E-procurement

communicating with and ordering from their suppliers over the internet

dot-com bust

economic collapse of most investments in internet commerce in 2000

Web 2.0

a set of economic, social, and technology trends that collectively form the basis for the next generation of the Internet

revenue, turnover

money from sales

sales forecast

raming

COGS

these are the variable costs in making particular goods

money spinner, cash cows

products that have very good profitability

dispatched

send off to a destination or for a purpose

invoicing/billing

the activity of producing invoices and sending them to customers

to write them off

to decide not to chase debts anymore

a going concern

a functioning operation

Depreciation and Amortization

The expensing of long-term assets over time to show their declining value

balance sheet

gives a picture of its assets and liabilities at a particular time

auditors

specialist external accountants

true and fairy view

to be accurate and complete

creative accounting/ window dressing

when a company's results are presented in a way that makes them look better than they really are

bottom line

final figure for profit or loss

raising capital

finding the money you need

a level of indebtness

a company's total debt

bons/debentures

a certificate or voucher acknowledging a debt

to issue

make available and sell to lenders

leverage

amount of loan capital that a company has in relation to its share capital

collateral

A security pledged for the repayment of a loan.

retained earnings

the accumulated net income retained for reinvestment in a business, rather than being paid out in dividends to stockholders

sitting on a cash pile/cash mountain

when you built up enough reserves

make acquisitions

buy other companies

debt burden

difficulty repaying its debt

to bail out

give money to a company to rescue it

insolvent

unable to pay debts

wind up

sell the company's assets and pay out what they can to creditors

to cease trading

stop trading

an alliance or joint-venture

two companies that work together in a particular area

a merge

to come together, blend together

consolidation

reduction in the number of companies

a prey

company that might be bought

a predator

possible buyer

acquisition

The taking by buying most or all of its shares

poison pill

something that makes a company less attractive to buy

white knights

companies which can save another from being bought against their will

conglomerate

large group of companies

disposal

sales

branch

bedrijfstak

an overdraft

an amount of money that a customer with a bank account is temporarily allowed to owe to the bank

going overdrawn

having taken more money out of one's account than it had in it

IPO

Initial Public Offering

deposit account

savings account

mortgage

A loan to purchase a home or other real estate

unit trusts

a service where financial experts invest the money of many people in different companies

ISA

Individual savings account

contributions

something that you contribute or do to help produce or achieve something together with other people, or to help make something successful

windfall

an amount of money that you win or receive from someone unexpectedly

the city or the square mileWall street

the financial centre in Londonthe financial centre in NY

to float/go public

the first time the general public has the ability to buy shares

currencies

buying and selling the money in particular countries

foreign exchange, forex

foreign money needed to carry out international transactions

derivatives

dealers guess how the price of the related underlying shares is going to change in the future, derivatives try to buy them cheaper

the bull market

rising level of prices

the bear market

falling level of prices

points to close up

ending the day higher

sentiment is bullish

feelings are optimistic

blue chips

famous companies that are profitable in good times and bad

new five-year lows

their lowest point for five years

bearish

pessimistic

trade deficit

when a country imports more than it exports

boom and bust

period of growth and rising company profits followed by one with falling growth and losses

chinese walls

measures that financial institutions take in order to stop knowledge in one department being used by another department to buy or sell shares, etc. at an advantage

market rigging

when a group of investors work together to stop a financial market functioning as it should, to gain an advantage for themselves

rackets

illegal activities for making money

money laundering

hiding the truth about the origins of money

sleaze/corruption

when they make or accept illegal payments

exploit

to take advantage of

breach

(n.) an opening, gap, rupture, rift; a violation or infraction; (v.) to create an opening, break through

the lead time

the period of time it takes to prepare and complete or deliver all or part of something

downtime

a period of time when a system is unavailable

gantt chart

a diagram of the stages of a piece of work

run in parallel

to happen at the same time

the rat race

the fierce, unending competition for success

consulation

getting others to participate in a decision or change

consensus

a situation where most people agree with the decisions taken

to impose decisions in a top-down approach

forcing people to accept ideas that they did not agree with

to delegate

give other people responsibility for work rather than doing it all themselves

macho culture

the values typically associated with men - strength, etc.

deference

to respect

bounderies

limits