Ⅰ.Companies 1
1.Types of Companies 1
2.Business Operations 2
3.Setting Up a Business:the Contribution Factor 3
4.Overheads 4
5.Ways of Selling 5
6.Understanding News Stories 6
7.Managing the Economy 8
8.Economic Performance 9
9.News Stories 10
11.What s What in Finance? 12
10.Who s Who in Finance? 12
Ⅱ.Finance 12
12.Financial Documents 13
13.Common Acronyms and Abbreviations 14
14.Introducing Key Terms in Financial Planning 15
15.What s a Master Budget? 16
16.Working Out the Break-even Point 16
17.If the Price is Right 17
18.Stocks and Shares[1] 18
19.Stocks and Shares[2] 21
20.Types of Shares 22
21.Stock Exchanges 23
23.Money Movement 25
22.Bull vs. Bear vs. Stag 25
24.Describing Share Movements 27
25.Expense vs.Expenses vs.Expenditure 28
26.Key Terms in Investment 29
27.Describing Trends 29
28.Investing 30
Ⅲ.Banking 32
29.Introducing Key Terms in Banking 32
30.Banking Verbs 32
31.Banking Services[1] 34
32.Banking Services[2] 36
33.Banking Services[3] 38
34.Accounting 39
35.Cash Terms 40
36.Borrow vs.Lend vs.Loan vs. Overdraft 41
37.Planning Borrowing 42
38.Borrowing and Lending 43
39.Interest Rates 44
40.Liquid Metaphors[1] 45
41.Liquid Metaphors[2] 46
42.Time Metaphors 47
43.Bad Debts[1] 48
44.Bad Debts[2] 48
Answer Key 50