Business and Legal Vocabulary

Vocabulary and definitions from the lecture notes covering legal terms, business health, and financial concepts.

approval

sự chấp thuận

asset

tài sản

property

tài sản

breach

sự vi phạm hợp đồng

Compensation

sự vi phạm hợp đồng

dissolution

sự giải thể

consent

sự đồng ý

regulation

năm tài chính

negotative

thương lượng

merge

to combine the two copany

fail to repay

default on payment

ending some one employment

redundancy

invoke

viện dẫn

exceeded

vượt quá

petition

đơn kiến nghị, kiến nghị

duration

term

force majeure

bất khả kháng

defective

Bị lỗi, hỏng, khiếm khuyết

entitle (v)

cho quyền

expire

hết hạn

determination

quyết định

to go beyond a set limit

vượt quá giới hạn (chất lượng hoặc thời gian)

impose

áp đặt

fullfill

hoàn thành

patent

bằng sáng chế

infringement of copyright

vi phạm bản quyền

restict

hạn chế

go under

phá sản

bail

tiền bảo lãnh

exchange

trao đổi

Issue shares

Create new shares and sell them to shareholders

Result

outcome

Private enterprise

Business activity owned by individuals, rather than the state

Debt crisis

When a company has serious difficulty repaying its debt

Fixed assets

Equipment, machinery, buildings and lands

Inheritable

Able to be given to another living person, if the first owner dies

Generate income

Earn money

Sound

In good financial health

Charge

Security for a loan, for example, a mortgage

Enterprise economy

An economy where there is an enterprise culture

Wipe out

To destroy, eliminate

Draw on

To obtain money from an existing source

Current liabilities

Debts that have to be paid within a year

Set back

To delay or impede the progress of something

Down payment

Payment in advance

Debt default

When a company fails to make a debt repayment

Drag on

Take more time than necessary

A stake

The shares that one investor has in a company

Put up

To provide money for an enterprise

Realize assets (Legal)

Sell things that you own in order to get cash

Write off

To cancel the record of a bad debt

Debt burden

A company's debt, especially when considered as a problem