Balance Sheets

Gecko published on

balance sheet = a written statement showing the amount of money and property that a company has and listing what has been received and paid out

profit = the money that you make in business or by selling things loss = money that has been lost by a business or an organization tax = money that you have to pay to the government for having public services net worth = the value of the assets (property, money) a person or corporation owns, minus the liabilities (property, money) they owe get a sense = understand buried in smth = placed somewhere so it's difficult to find getting buried in the jargon = to use slang so it's not easy to understand in the end in essence = basically sounds flash = looks unexpected out of thin air = from nothing in a sudden and unexpected way conjure = to show magic tricks buzzword = ​a fashionable word or phrase that is popular and used a lot in newspapers long-term prospects = plans to be implemented for long interim = temporary
EFL subset that concentrates more on language in context than on grammar and language structures. It covers topics from accounting or computer science to tourism and business management. "Specific" means the studying through a field that is already known and relevant to a student.