Toeic Essential 19+

invoice

charge nun, an expense or a cost; 

to chage, to demand payment

The extra charge for gif wrapping your purchase will appear on your invoice.

The customer service representative was responsible for telling all existing customers that higher prices would be charged next month.

to compile, to gather together from serveral sources

I have compiled a list of the most popular items in our sales catalog.

The clerk is responsible for compiling the orders.

discount

to impose, to establish or apply as compulsory; to force upon others

The company will impose a surcharge for any itmes returned.

We should not impose upon our staff by requiring them to work on weekends.

prompt adj, beeing on time or punctual, carried out without delay, noun: a reminder or a cue

I want a promt reply to my letter of complaint.

The supervisor gave the new sales agent a promt when she forgot to mention the money back guarantee.

complaint

to handle a complaint

to make a complaint

to rectify, to set right or correct

He rectified the problem by giving the customer credit for the unused items that she returned.

Embarassed at his behavior, he rectified the situation by writing a letter of apology.

clerk, employee, officer

crucial adj

Inventory is a crucial process and must be taken seriusly by all staff

discrepancy noun, a divergence or disagreement

The discrepancy between the two counts was easily explained.

to interfere with; to disturb, to interrupt

to interfere

likeness

to bear a likeness to

to subtract, to take away, to deduct

The computer automatically subtracts it from the inventory log.

Whoever did the inventory forgot to subtract the items that arrived damaged.

tedious adj, tiresome by reason of length, slowness/dullness, boring

This may be tedious work but you will be glad the inventory is accurate when you hit the busy season.

Counting merchandise all the week is the most redious job i can imagine.

balance noun, the remainder

to balance, to compute the differencve between credits and debits of an account

His healthy bank balance showed a long habit of savings.

It took him over an hour to balance his checkbook.

cautious adj, careful, wary

Chens credit histroy was not favorable, so the bank was cautious about lending him more money.

to deduct, to take away from a total, to subtract

Before computing his taxes, he remembered to deduct alowable home improvement expenses.

By deducting the monthly fee from her checking account, he was able to make his account balance.

to deduct a discount

allowable

dividend noun, a share in a distribution

The stockholdes were outraged when their quarterly dividends were so small.

The dividend was calculated and distributed to the group.

distribution noun

to distribute

The dividend was calculated and distributed to the group.

To distribute bonuses

down payment noun, an initial partial payment

By making a large down payment, the couple saved a great deal in mortgage interest.

Karl was disappointed when the real estate agent told him he needed a larger down payment on the house.

mortgage interest

mortgage

withdrawal

to withdraw

There is a strict restriction on the number of free withdrawals a customer can make on his account each month.

to take out; to withdraw, to remove

My checking account allows me to take out money at any bank branch without a fee.

They took out the chairs in the lobby, so now there is no place to sit.

accounting noun

Good accounting is needed in alle businesses.

Accounting for expenses is time-consuming.

to accumulate, to gather, to collect

They have accumulated more than enough information.

The bills started to accumulate after the secretary quit.

audit noun, a formal examination of financial records

to audit, to examine the financial records of a company

No one looks forward to an  audit by the government.

The independent accountants audited the companyss books.

expense, charge, cost

debt noun, sth owed, as in money or goods

The company has been very careful and is slowly digging itsef out of debt.

The banks are worried about your increasing debt.

to owe so. sth

outstanding, still due, not paid or settled

That client has still seceral outstanding bills.

to reconcile, to make consistent

The client uses his bank statements to reconcile his accounts.

The accountant found the error when she reconciled the account.

bank statement

turnover noun, the number of times a product is sold and replaced or an employee leaves and another is hired.

We have to add another production shift to keep up with the high turnover rate.

The overseas branch has much lower employee turnover than the domestic operations.

domestic

for domestic use

in domestic currency

assertive; agressive, competetive

assertive statement

attitude

to assess sth

Each investor should assess his or her own attitude toaward investment.

commitment noun, a promise

The stockbrokers commitment to his clients is remarkable.

The president made a commitment to his employees that they would be given shares of stock if the company was successful.