Author:
Evaluation:
Published: 27.05.2011.
Language: English
Level: College/University
Literature: n/a
References: Not used
  • Summaries, Notes 'Economic Terms', 1.
  • Summaries, Notes 'Economic Terms', 2.
  • Summaries, Notes 'Economic Terms', 3.
  • Summaries, Notes 'Economic Terms', 4.
  • Summaries, Notes 'Economic Terms', 5.
  • Summaries, Notes 'Economic Terms', 6.
  • Summaries, Notes 'Economic Terms', 7.
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.…

Author's comment
Atlants