International trade
A written, unconditional order by one party directing another party to pay a fixed sum of money to the payee on demand or at a specified future date
Bill of Exchange
When "Unfortunately, I'm afraid we will continue without him" phrase is used during a meeting?
To explain that someone can't come
A name for investors who buy shares because their price is expected to rise
Bulls
Adding new and different products or services
Diversifying
A specific term or condition negotiated in a business agreement or contract, often representing a key element of the final deal structure.
Deal point
A financial document issued by a bank on behalf of a buyer, guaranteeing that the seller will receive payment up to a certain amount, provided that specific delivery conditions and documentation requirements are met.
Letter of Credit
What is a written report distributed to participants after a meeting
Minutes
An asset or property that a borrower offers to a lender as security for a loan. If the borrower fails to repay the loan, the lender has the right to seize the collateral to recover the debt.
Collateral
Money paid to investment banks for work done
Fee
A mutual agreement reached by each party making concessions, where both sides give up part of their demands to settle a dispute or reach a consensus.
Compromise
What does DES stand for?
Delivered Ex Ship - the seller bears all costs and risks until the goods are made available on the ship at the destination port.
What is the first item in the meeting, concerning people who cannot be present
Apologies for absence
Units of ownership in a company.
Stocks and shares
Best, perfect or ideal (starts with an O)
Optimum
Defined limits that determine the scope
Parameters
What does CIF stand for?
Cost, Insurance and Freight - the seller pays for the cost of goods, marine insurance, and freight to bring the goods to the port of destination, but the risk transfers to the buyer once the goods are loaded onto the ship.
It is used when they need to move off the subject and start talking about something else
To digress
A market condition where the prices of assets rise far above their intrinsic value, driven by exuberant investor behavior, speculation, and herd mentality.
Bubble
All the individuals or organizations that regularly or occasionally purchase goods or services from a company
Customer Base
To suspend or temporarily halt a meeting, session, or proceeding, with the intention of resuming it at a later time or date
Adjourn
What does DEQ stand for?
Delivered Ex Quay - means the seller delivers when the goods are placed on the quay at the destination port; the seller bears all costs and risks including unloading at the port.
What is the correct word for the last item in a meeting, when participants discuss issues not on the agenda.
AOB Any other business
Professional investors who buy and sell large quantities of securities on behalf of organizations such as banks, pension funds, mutual funds, insurance companies, and hedge funds.
Institutional Traders
Buying a company in order to sell its most valuable assets at a profit
Asset-stripping
A privilege, benefit, or demand that one party gives up or yields—often reluctantly—during negotiation, to facilitate agreement.
Concession