http://goo.gl/b4OLC6 - International Banking Vocabulary: English is the universal language of money in our global interdependent economy. Learn seven (7) useful international banking terms in our third installment (Package C) to boost your vocabulary. Improve your business vocabulary today - http://goo.gl/b4OLC6!

1. By: H. E. Colby,
author of Top 150 Business English Ace Vocabulary Words
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2. sole proprietorship
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3. sole proprietorship:
NOUN : An unincorporated business whose income and expenses are
treated for tax purposes as those of the individual proprietor
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4. sole propietorship:
Example : Ms. Jane Goodall opened a sole proprietorship to sell her ebooks
online.
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6. receivables
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7. receivables:
NOUN : money owed as evidenced by invoices issued for goods or services
supplied.
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8. receivables:
Example: Companies carefully track their receivables to avoid a cash
shortage at the end of the month.
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9. retained earnings
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10. retained earnings:
NOUN : accumulated earnings after taxes.
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11. retained earnings:
Example: Accounting delivered a quarterly report of retained earnings to
the Board of Directors.
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13. spread
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14. spread:
NOUN : expression used to describe the difference between the interest
rate they pay on money and the interest rate they charge.
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15. spread:
NOUN : Banks are vigilant to maintain a profitable spread between interest
rates.
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16. tangible assets
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17. tangible assets:
NOUN : assets on the balance sheet which are represented by physical
assets.
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18. tangible assets:
Example : Tangible assets include desks, computers, tables, and chairs in
the office suites.
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19. variable costs
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20. variable costs:
NOUN : costs which vary directly with the level of production or business
activity (different than “fixed costs.”)
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21. variable costs:
NOUN : Variable costs must be kept to a minimum to avoid any financial
difficulties.
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22. a production of businessenglishace.com

23. working capital
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24. working capital:
NOUN : the amount of funds required to finance day-to-day operations
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25. working capital:
NOUN : Any business needs to maintain a sufficient amount of working
capital to finance its daily operations.
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26. Thank you for joining me to learn another important
Business English Ace Vocabulary Word.
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for more Business English tips!
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27. Professor Colby, author of 150 Business English Ace
Vocabulary Words, has been helping students achieve
their English language goals for many years.
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