BEN2 U42-47
Voc.
Voc.
-
- 1 / 105
-
Lernkarten
cook the books
Bilanz frisieren
corporate collapse
a business failure
expectation gap
a difference between what a company must do because of the law and what a customer or investor expects it to do
Financial Reporting Council (FRC)
an organization in the UK that gives rules on the way companies should present their accounts
fraud
betrügen
Generally Accepted Accounting Principles (GAAP)
in the US, rules on the ways business accounts should be presented
International Accounting Standards (IAS)
rules and standards in accounting which are used all over the world
International Organization of Securities Commissions (IOSCO)
an organization that represents all the stock markets around the world
misleading information
irreführende Infos
oversight
Aufsicht
overstate
überbewerten
qualifications
Beweiss dass etwas nicht stimmt
regulate
to control something by using rules
Securities and Exchange Commision (SEC)
a US organization that represents stock markets
understate
unterbewerten
boom and bust cycle
Zyklus des Auf- und Abschwungs
bottom out
die Talsohle erreichen und sich wieder steigern wollen
budget deficit
the situation when a government spends more money than it gets from taxes
contract
to become smaller
contraction
when something becomes smaller
currency
Währung eines Landes
decline
to increase more slowly, abnehmen
depression
Konjunkturrückgang
disposable income
the money you can spend after you have paid for essential things like food, electricity, etc.
economic cycle
Konjunkturzyklus
exchange rate
Wechselkurs
interest rate
Zinssatz
key indicator
one of the main ways of measuring how successful something is
mortgage
Hypothek
out of work
having no job
overheating
the situation when a market or a country's economy grows too fast and prices increase very quickly
pick up
increase, improve
prosperity
Wohlstand, Erfolg
reach a trough
Tiefpunkt erreichen
recover
to start to improve
recovery
Erholung, Aufschwung
retail sales
the amount that people are spending in shops
severe recession
starke Rezession (more than 6 months)
shrink
to become smaller
slump
a long period of thime when an economy or market is less ative (fallen, zurückgehen)
