Abbreviations (pages 12)

Across: 2. European 4. buyout 8. selling 9. business

11. technological 13. Director 14. investment
15. mergers 17. earnings 19. earn 20. Tax
22. opportunities 25. Executive 26. vitae 27. needs
29. time 32. price 34. Financial 37. questions
38. injury 39. index 41. annum (do not confuse p.a.
with PA: a personal assistant) 43. annual 45. Commerce
49. information 51. product 52. secure 54. domestic
56. person (the plural is VIP's: very important people /
persons)
Down: 1. quality 3. parity 5. public 6. meeting
7. relations 10. credit 12. Administration 15. methods
(or sometimes management) 16. resources 18. sale
21. profit 23. possible 24. central 28. delivery 30. first
31. Qualification 33. national 35. Insurance
36. development 40. share 42. thousand 44. electronic
46. research 47. postage 48. Internet 50. free
53. you (the same pronunciation as the letter u) 55. time

Earnings, rewards and benefits 1 (pages 1314)

1. wage / salary 2. remuneration 3. overtime
4. increment 5. deduction 6. dock 7. minimum
8. double time 9. time and a half 10. pension plan
11. rise (we can also say raise) 12. advance / sub
13. payslip 14. bonus 15. payroll 16. package
17. weighting (for example, a job advertisement might
offer an annual salary of 30,000 + 4,000 London
weighting) 18. leave entitlement 19. Income /
expenditure 20. stock options (we can also say share
options. Some companies have something called an ESOP:
an employee share ownership plan) 21. incentive plans
22. rate 23. redundancy pay 24. discount
25. relocation allowance 26. danger 27. gross
28. net (also called take-home pay) 29. index-linked
30. commensurate (for example, Your salary will be
commensurate with your experience and qualifications)
31. arrears 32. direct deposit 33. performance related
34. golden handshake (some companies also give new
employees a golden hello when they accept a job with the
company, and some companies may offer new employees
a golden parachute, which guarantees them a special
payment if they are made redundant)

Money and finance (pages 2930)

Exercise 1:
1. lend / borrow 2. credit / debit 3. insolvent / bankrupt
4. dividend / royalty 5. shares / stocks 6. gross / net
7. deposit / withdraw 8. tax /duty 9. income /
expenditure 10. overpriced / exorbitant 11. wage /
salary 12. invoice / receipt 13. discount / refund
14. refund / rebate 15. inflation / deflation 16. pension
/ redundancy pay 17. statement / balance
18. commission / interest 19. compound / simple
20. working capital / venture capital 21. fund /
underwrite 22. audit / budget 23. subsidize / sponsor
(or fund) 24. honour / default
Note that many of the words in this exercise can be used
in other ways. For example, the verb deposit in number 7
can also be a noun (a deposit), and the verb withdraw can
be made into a noun (a withdrawal).
Exercise 2:
1. Business overheads 2. Credit risk 3. Pension plan
4. Profit margin 5. Exchange rate 6. Cash flow
7. Credit limit 8. Capital gains 9. Down payment
10. Risk management 11. Money laundering
12. Offshore banking 13. Foreign currency 14. Value
added tax 15. Net operating income 16. Operating
profit 17. Interest rate 18. Budgetary constraints
19. Finance company 20. Expense account 21. Return
on investment 22. Rate of return 23. Real assets
24. Dynamic pricing 25. Management buyout
26. Budget deficit 27. Consumer spending
28. Income tax 29. Golden handshake 30. Price
insensitive