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VQ #1
Business English
Term | Definition |
---|---|
Advice | guidance or recommendations concerning prudent future action, typically given by someone regarded as knowledgeable or authoritative. |
Advise | To counsel. "Will you advise me on buying this house?" |
Asset | Anything of monetary value that a person owns |
CPA | Certified Public Accountant |
Downsize | make (a company or organization) smaller by eliminating staff positions |
Liability | A debt owed by a business or individual |
Socio-economic | of, relating to, or involving a combination of social and economic factors |
Retirement | the period of one's life, after leaving one's job, when they cease to work, typically occurs around the age of 65 |
Rightsize | to convert something (a company or organization) to an appropriate or optimum size |
Referrals | Names provided by satisfied customers of other people who might buy a product |