ILSPT (04) - Basic English Vocabulary for Business and Administration

 0    51 flashcards    mniemczyk2001
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Question English Answer English
under seal
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signed and sealed (pod pieczęcią)
express / implied (terms of a contract)
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clearly stated / not clearly stated
contractual liability
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legal responsibility that arises when a party fails to fulfill the obligations agreed upon in a contract (odpowiedzialność kontraktowa)
to sue (for damages)
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to take legal action to claim compensation for a loss (pozwać o odszkodowanie)
to void
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to become invalid (unieważnić)
binding
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having the legal ability to force someone to do something (wiążący)
to abide by
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to accept a rule or follow a custom (przestrzegać)
terms and conditions
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the rules and requirements that define the rights and duties of parties in an agreement (warunki umowy)
to be obliged to
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to be legally forced to do something (zobowiązany)
provision
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a rule that is part of a law or an agreement (zapis, postanowienie)
to amend (terms and conditions)
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to change
to comply with (clause)
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to obey an order, rule, or request (stosować się do)
commencing
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which starts (wchodzący w życiu, rozpoczynający się)
period of notice
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he time between giving notice and the end of a contract or job (okres wypowiedzenia)
amalgamation (of banks)
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the merging of two or more companies into one (połączenie)
controlling interest
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if someone has a controlling interest in a company, they own enough shares in it to control its management (pakiet kontrolny)
third party
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a third person or organization less directly involved in a matter than the main people or organizations that are involved (strona trzecia)
wage
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money paid to an employee on a weekly basis (tygodniówka)
salary
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money paid to an employee on a monthly basis (pensja)
remuneration
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money that an employee receives for doing the job (wynagrodzenie)
to work overtime / to do overtime
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to work for more than the normal working time (nadgodziny)
increment
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an automatic and regular increase in pay (przyrost)
to dock (wage)
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to remove money from somebody's wages (potrącić z wypłaty)
double time
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time for which work is paid at twice the normal rate (podwójna stawka)
time and a half
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time for which work is paid +50% extra the normal rate (150% stawki)
pension plan
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an arrangement for saving money to give you income when you stop working (program emerytalny)
rise
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when you want to earn for more money you ask for it (podwyżka)
advance / sub
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when an employee needs some of his/her wages paid before the usual pay day, he/she asks for it (zaliczka)
pay slip
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a piece of paper given to an employee to show how much they have earned and any deductions (= amounts taken off for income tax, etc.) in a particular period (pasek wypłaty)
bonus
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an extra payment made in addition to a normal payment (premia)
pay roll
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the list a company keeps that shows all the people employed and paid by that company (lista płac)
rewards package
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the money and other benefits offered with a job (pakiet)
weighting
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an additional amount of money paid to an employee to compensate him/her for living in an expensive area (dodatek mieszkaniowy)
leave entitlement
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the right to take paid holidays (prawo do urlopu)
income
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the money that people receive for working (przychód)
expenditure
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the money that people spend (wydatki)
stock options
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a right given to buy stocks at a price lower than the normal price (opcje na akcje)
incentive plans
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offering employees extra rewards and benefits for ex. good attendance (program motywacyjny)
rate
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the amount of money an employee receives each hour, week, etc. (stawka)
redundancy pay
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all the payments and advantages that a company gives to workers who have lost their jobs because they are no longer needed (odprawa)
discount
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opportunity to buy something for less than the usual price
relocation allowance
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money given to cover costs of moving for work (pakiet relokacyjny)
danger money
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extra money paid to employees, who work in jobs where there is a risk of personal injury (dodatek za niebezpieczną pracę)
gross (economy)
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the total amount before any deductions, such as taxes or expenses (brutto)
net (economy)
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net (economy) in English
he amount remaining after all deductions, such as taxes or expenses (netto)
index-linked
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adjusted according to changes in a price index, such as inflation (powiązane z inflacją)
commensurate with (age, experience)
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in a correct and suitable amount compared to something else (współmierne z)
(wages paid) arrears
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paid at the end of the working period
direct deposit
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payment directly through bank transfer (przelew na konto)
performance related (pay)
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based on how well an employer carries out their duties (zależne od wydajności)
golden handshake
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a usually large payment made to people when they leave their job, either when their employer has asked them to leave or when they are leaving at the end of their working life, as a reward for very long or good service in their job (złoty spadochron)

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