English on the Internet - Business English




Lesson 5

banknote
piece of printed paper for which money is paid on demand at any bank

coin
any piece of money made of metal

consist
be made up of

constitution
laws upon which the government of a country is built up; a basic law of a country

consumption
act of using up

credible
which can be believed

franchise
a licence to authorize a firm to use a company's name, brand, marketing policy and sell its goods

goodwill
favour; the value to a shop, a company, etc. of regular business

lease
agreement to give the use of a house, a land, etc. for a number of years on payment of certain money as rent

legislator
maker of laws

legitimate
allowable; according to law

promissory note
paper saying that money will be paid on a certain date

promote
to move up to a higher rank or place

promulgate
to make known to the public, e.g. a law, news,...

reputation
fame, good or bad

request
ask

require
to need

revenue
money coming in

reward
something given in return for service, or as a sign that one is grateful

vendor
person who sells






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