Business Word/Phrase of the Day

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TAX EVASION tæks ɪˈveɪʒən

15 Mar 2020


  • Is the minimising of the tax you owe by failing to declare taxable income or taxable capital gains or by submitting false information to the tax authorities.
Example Sentence: World famous Tenor Luciano Pavoratti was convicted of tax evasion in 1999, and ordered to pay a penalty of US$11 million to the Italian Courts.

TAX AVOIDANCE tæks əˈvɔɪdns

14 Mar 2020


  • Is working within the law to minimise the tax you owe.
Example Sentence: Richard has a really switched-on accountant who specialises in tax avoidance for self-employed people.

TAX ALLOWANCES tæks əˈlaʊəns

13 Mar 2020


  • Are concessions by the Inland Revenue which can be used to reduce a person's Taxable Income.
Example Sentence: Do you know how much the tax allowance is for a married person in Hong Kong?

YIELD yild

12 Mar 2020


  • Return on investment shown as a percentage.
Example Sentence: On average last year I was getting a 7.7% yield on my property investments.
The company offered a 10% yield on its investment.

TRADER treɪdər

11 Mar 2020


  • Investor who holds stocks and securities for a short time (minutes, hours or days) with the objective of making profit from short-term gains in the market.
Example Sentence: Traders need to choose just the right time to buy and sell shares. A minute's delay can cost them a lot of money.

STOCKHOLDER stɒkˌhoʊldər

10 Mar 2020


  • Person who owns stocks and shares.
Example Sentence: Four stockholders own 88% of the company between them.

STOCKBROKER stɒkˌbroʊkər

09 Mar 2020


  • A licensed professional who buys and sells stocks and shares for clients in exchange for a fee, called a 'commission'.
Example Sentence: Bill is a stockbroker for a big investment bank. He earns a huge salary but he has to work long and suffer a great deal of stress.

STOCK stɒk

08 Mar 2020


  • Shares (portion of the capital of a business company) held by an investor.
Example Sentence: How much stock do you own in the company?
His Microsoft stock must be worth millions.

SPECULATOR spɛkyəˌleɪtər

07 Mar 2020


  • Someone who buys and sells stocks and shares in the hope of making a profit through changes in their value.
Example Sentence: A property speculator is interested in buying some farmland from us. He hopes to be able to build houses on it one day.

SHARE CERTIFICATE ʃɛər sərˈtɪfɪkɪt

06 Mar 2020


  • Certificate representing the number of shares owned by an investor.
Example Sentences: In order to sell shares you own in a publicly-listed company, you will need to show your share certificate to your broker.
If you lose your share certificate, you will have to request another one from the company secretary of the company you have invested in.

SHARE ʃɛər

05 Mar 2020


  • The capital of a company is divided into shares which entitle the owner, or shareholder, to a proportion of the profits.
Example Sentences: The value of this company's shares has gone up 45% in the last week.
How many shares will we get in the company?

SECURITIES sɪˈkyʊərɪti

04 Mar 2020


  • Transferable certificates showing ownership of stock, bonds, shares, options, etc.
Example Sentence: Before we can grant you a loan, we would need some collateral from you in the form of securities.

PENNY STOCK pɛni stɒk

03 Mar 2020


  • Shares selling at less than $1 a share.
Example Sentence: Part of my investment portfolio is in penny stocks. I'm expecting some good news from one company very soon and I hope this will boost its stock price.

PORTFOLIO pɔrtˈfoʊliˌoʊ

02 Mar 2020


  • Various types of securities held by an individual or institution.
Example Sentence: Investment in real estate makes up the bulk of his investment portfolio, but he also has some considerable investment in gold.

OPTION ɒpʃən

01 Mar 2020


  • The right to buy and sell certain securities at a specified price and period of time.
Example Sentence: Part of the deal is that we are given options to buy 100,000 shares at 0.35c a share.