Economic Terms / Summaries, Notes / ID: 563610

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ID number:563610

Author: stella (2)

Evaluation:

Published: 27.05.2011.

Language: English

Level: College/University

Literature: n/a

References: Not used

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Extract

№ 1
Term
Balance of payment (balance of trade)
Definition
the difference between the value of exports and the value of imports
Translation
Maksājumu bilance
2 Assurance
life insurance, it is a system under which, in return for paying premiums, you are assured a sum of money either when you reach a certain age or on death
Dzīvības apdrošināšana
3 Balance sheet
a document which reports the company`s financial condition on a specific date
Bilance
4 Outstanding
Not yet paid. E.g. outstanding bill.
Neapmaksāts.…

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Summaries, Notes

Business and Law

Finance, Banking