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Types of business organisations

Types of business organisations. Unit 6. Vocabulary 1. trade with sbd/sth.-do business with sbd/sth. public (n.) IN return for sth.-in exchange for sth. IN/WITH the intention OF-for the purpose of AS long AS… lump (v.)-put together into a small group IN many ways FOR example

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Types of business organisations

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  1. Types of business organisations Unit 6

  2. Vocabulary 1 • trade with sbd/sth.-do business with sbd/sth. • public (n.) • IN return for sth.-in exchange for sth. • IN/WITH the intention OF-for the purpose of • AS long AS… • lump (v.)-put together into a small group • IN many ways • FOR example • however-nevertheless • distinction-difference • AS far AS sth. is concerned – regarding, relating to, concerning • operate- function • turn TO sth. • though-however • look AT sth. • legal-lawful, legitimate • sole trader • be IN business • on one’s own-alone, by oneself

  3. Vocabulary 2 • stand a loss-suffer a loss • oneself-alone • retail (v.)-to sell sth. to consumers • capital intensive - requiring a large expenditure of capital in comparison to labor • indeed- certainly • own (v.)-possess • set up –establish • wage bill- a total amount of money that a company or organization pays to its employees • keep control-have control • hands-on- involving practical experience • an approach TO sth./doing sth. • share sth. WITH sbd. • take time off- stop working temporarily

  4. Vocabulary 3 • be limited BY sth. • unlimited liability vs. limited liability • be forced TO DO sth. – be made TO DO sth. • personal assets • cover the debt-clear/pay off the debt • potentially • vulnerable-unprotected, susceptible • accrue TO sbd.-come to sbd. as a gain, accumulate • go bankrupt • remain-stay • unit • backbone-foundation, basis • IN terms OF sth. • manpower-workforce • be OF (some) importance • survive • compared TO sth. • initial-first, earliest • capital investment • formality

  5. Vocabulary 4 • involve-engage, include • adapt TO sth.-accommodate TO sth. • economy-thriftiness, saving • solicitor-lawyer, attorney, advocate, barrister • stockbroker • emergence-appearance, development, disclosure • be suited TO sth./doing sth.- be adjusted/ adapted to • cope WITH-deal WITH • skill-dexterity • return-profit, benefit, revenue, yield • fix-set • BY law • sleeping partner- a partner in a business who does not play an active role, esp. one who supplies capital-komanditor • dealings-transactions • day-to-day-daily

  6. Vocabulary 5 • enterprise-organisation • liability TO debt-financial obligation to debt • the extent of sth.-scale, level, size, amount • shareholding • take a risk • encourage vs. discourage • complement (v.)-complete, improve • contribute TO sth. • allow FOR sth.-provide, make a possibility • consult OVER sth. • be divided INTO sth. • offer FOR sale-trade • grow larger-increase • raise-RASIED-RAISED+Object • open market • stock exchange-stock market • merger-joining

  7. Vocabulary 6 • takeover-assuming control over a company • dispute-conflict, gap • put an effort-make an effort • cause (v.)-bring about • deed-contract

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