Unit_7_9_13_words_and_terms.ppt

Unit 7 Unit 9 Words you need to know Business terms Business terms Business terms Business terms Business terms Business terms Unit13 Vocabulary A (I) Vocabulary A (II) Vocabulary A (III) Vocabulary A (IV) Vocabulary A (V) Vocabulary A (VI) Business-related terms Business-related terms Business-related terms Business-related terms Business terms Entrepreneur Someone who starts a new business or arranges business deals in order to make money, often in a way that involves financial risks. 企业家，创业者 A business enterprise in which the expectation of gain is accompanied by the risk of loss or failure Business venture 风险企业 Subcontractor An individual or company hired by a general or prime contractor to perform a specific task as part of the overall project. 分包商 Mature Industry An industry which has passed both the emerging and the growth phases of industry growth. Earnings and sales grow slower in mature industries than in growth and emerging industries. 成熟产业 Indirect finance is where borrowers borrow funds from the financial market through indirect means, such as through a financial intermediary (a bank for example). This is different from direct financing where there is a direct connection to the financial markets as indicated by the borrower issuing securities directly on the market. Indirect financing 间接融资 funds made available for startup firms and small businesses with exceptional growth potential. Managerial and technical expertise are often also provided. also called venture capital (VC). Risk capital 风险资本 Merger合并 A fusion of two or more companies. It is when two companies combine as equals, by mutual agreement. It Can also represent an acquisition or takeover. 平等地位合并(merger of equals). 横向合并(horizontal merger), 纵向合并(vertical merger). Acquisition 收购 The purchase by one company of another, for cash, an exchange of shares, or a combination of both. The process is