Definitions English Bussiness

Ägyptisch-Deutsche Hotelfachschule
- Paul Rahn - El Gouna

‫ الجونة‬- ‫المدرسة المصرية اللمانية الفندقية باول ران‬
Definitions
1- An order form: is a form for a request for goods.

2- An invoice (A bill): is a request for payment.
3- A pro-forma invoice: is a request for money in
advance.
4- A statement: is a form showing all the transactions
between a company or a bank and
an account-holder.
5- A cheque: is a note to a bank telling them to pay
money to someone.
6- A credit card: is a card that allows somebody to get
goods or services without using money.
7- Receipt: is a paper to show you have received
something.
8- Cash on delivery: is collecting payment in full on
the delivery of goods.
9- Receipt on account: shows that you have paid
some money to the supplier on account.
10- Account card: is used to buy goods on account.
11- Credit advice : shows that some money has been
credited to your account .
12- Supply contract : shows that you agree to supply a
company with goods for a period of time.
13- Cash discount: it means you receive a discount for
paying cash for goods or services.
(1) ,Prepared by
Mohamed Fou'ad
An English Instructor
The British Academy
fouadpecco@gmail.com Hurghada fouadpeco@yahoo.com
14- Cash machine: is a machine inside or outside a

bank from which you can get money at any
time by putting a cash card in it.
15- Cash card: is a plastic card given by a bank to its
customer to get money from a cash
machine.
16- Balance: is the amount of money you have in your
account.
17- Acredit note: is a document sent by one merchant
to another admitting that he owes him a
sum of money.
18- An overdraft: is an amount of money by which a
bank account is overdrawn.
19- A debit note: is a document sent by one merchant
to another informing him that a certain
amount of money has been placed to his
debit.
20- PIN number: is the secret number that the bank
gives the customer to key in when he uses a
cash machine.
21- Traveller's cheque: is a cheque that you can
change into foreign money when you are
traveling abroad.
22- A Transaction: is a piece of business done.
23- A current account: is for paying in and taking out
money from a bank frequency.
(2) ,Prepared by
Mohamed Fou'ad
The British Academy
24- A deposit account: is for saving money and earning

interest in bank.
25- Banker's draft: is a cheque from a company's bank
to a supplier's bank.
26- Credit reference: is given from the company's bank
to state whether the bank thinks the
company can repay its debits.
27- A reminder: is a note sent to customers who have
not paid in an invoice.
28- A contract: is an agreement between two or more
parties which can be enforced by law.
29- Remittance: is the sending of money in payment for
something.
30- Interest: is what is paid for borrowing money or for
investments.
31- Horticultural products: are products of flowers,
fruit and vegetables.
32- Visible exports: are exports that can be seen such
as oil, cotton etc…
33- Invisible exports: are services like tourism, the
Suez Canal and those who work abroad.
34- Factories: are places where goods are
manufactured.
35- Wholesaler: buy's goods from the manufacturers
and sells them to retailers.
36- Retailer: Buy's goods from the wholesaler and
suppliers then sell them to the customers.
(3) ,Prepared by
Mohamed Fou'ad
The British Academy
37- A freight forwarder company: arranges the

transport of goods.
38- Importer: buys goods from other countries.
39- Exporter: sells goods to other countries.
40- An air waybill (= An air consignment note): is a
ticket and receipt for goods sent by air.
41- A bill of lading: is a ticket and receipt for goods
sent by sea.
42- A combined transport document: is a ticket and
receipt for goods sent by more than one
means of exports.
43- Export trade: is all the exporting activity in a
country.
44- Export surplus: is having a greater export than
imports.
45- Export licence: is permission to export certain
goods.
46- Export subsidy: is money from the government
which helps exporters.
47- Export credit: is money that banks lend to
exporters.
48- Export ban: is a rule that makes countries unable to
export certain goods.
49- A warehouse: is the place where goods are stored.
50- Raw materials: are materials used for
manufacturing.
51- Components: are manufactured parts.
(4) ,Prepared by
Mohamed Fou'ad
The British Academy
52- Carrier: is a company that transports goods.

53- Consignment: is a collection of goods that is sent at
the same time.
54- Stock: is the amount of goods that you have in a
warehouse.
55- Stock taking: is counting the goods that you have in
a warehouse.
56- Distribution costs: are the costs of getting goods
from the manufacturer to the customer.
57- Comprehensive insurance: the insurer pays any
repairs.
58- A proposal form: is a form you fill in when you
apply for insurance.
59- Insurance certificate: is a document which proves
that something is insured.
60- A policy document: is a document that gives
details about your cover.
61- A premium: is payment for insurance.
62- A claim form: is a request for money when your
insured property is damaged.
63- Compensation: is the money paid when your
insured is damaged.
64- Marine insurance: is insuring ships.
65- Lloyd's: is a famous insurance market in London.
66- Insurance broker: is one who finds you the best
and cheapest insurance policy.
(5) ,Prepared by
Mohamed Fou'ad
The British Academy
67- Life insurance: the insurance will pay your family if

you die suddenly.
68- Loss assessment: is done to find how much
damage was caused.
69- Risk analysis: is done to calculate the premiums.
70- A hull underwriter: insures the ship but not the
cargo.
71- A cargo underwriter: insures the freight on the
ship.
72- A worldwide policy: insures all over the world when
traveling.
73- Third party insurance: protects people who are not
part of the policy.
74- Customs declaration: is the document where you
describe which goods you are importing.
75- Customs invoice: is the customs bill.
76- Customs clearance: shows that you can take your
goods out of the customer area.
77- A quota: is the number or quantity of goods that can
be imported.
78- Tariff: is the duty you pay on goods.
79- Certificate of origin: proves that the goods are
imported were manufactured in a certain
place.
80- Quotation: is the price that somebody says they
would charge for certain goods.
(6) ,Prepared by
Mohamed Fou'ad
The British Academy
81- A port: is a town or part of a town where ships come

and go.
82- A dock: is the part of a port where ships are tied up.
83- A delivery date: is a date when goods are due to
arrive from the supplier.
84- Passenger's cargo vessel: transport goods and a
few passengers and travels on scheduled
routes.
85- Tramp: offers its services anywhere in the world.
86- Oil Tankers: Carry oil.
87- Bulk carrier: transports wheat, metal etc…
88- Container ship: transports goods in big containers.
89- A Bill of Lading: is a ticket and receipt for goods
sent by sea.
90- A Bill of Exchange: includes instructions to the
importer's bank.
91- International Arbitration: deals with disputes
between companies in different countries.
92- The International Chamber of Commerce: is an
organization that makes fair decision
concerning disputes between companies in
different countries.
93- Civil Law: is law that is related to the rights of
ordinary people.
94- Criminal law: is law that is related to crimes.
95- Counterfeiters: put famous manufacturer's names
on their products.
(7) ,Prepared by
Mohamed Fou'ad
The British Academy
96- A web browser: is a piece of software that you use

to access when you access a web site.
97- A trespasser: A person who takes somebody's land
or possessions.
98- Counterfeit goods: are illegal copies of goods.
(8) ,Prepared by
Mohamed Fou'ad
The British Academy

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Definitions English Bussiness

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Ägyptisch-Deutsche Hotelfachschule

- Paul Rahn - El Gouna

1- An order form: is a form for a request for goods.

14- Cash machine: is a machine inside or outside a

24- A deposit account: is for saving money and earning

37- A freight forwarder company: arranges the

52- Carrier: is a company that transports goods.

67- Life insurance: the insurance will pay your family if

81- A port: is a town or part of a town where ships come

96- A web browser: is a piece of software that you use

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