Professional Services

OUTSOURCING aʊtˌsɔrs

12 Feb 2020

Verb

  • Is when one company uses a different company to provide some product or service.
Example Sentence: British Airways outsources its in-flight catering to American firm Gate Gourmet.
 

FLOATED /floʊt/

27 Jan 2020

Verb

  • start selling shares in a business or company for the first time
Example Sentences: The company plans to float next year.
We floated on the stock exchange last year.
 

SUBSIDIARY /səbˈsɪdiˌɛri/

26 Jan 2020

Noun

  • a company which is owned by a larger company
Example Sentences: How many subsidiaries does Hutchison Whampoa have?
We set up a subsidiary in the UK.
 

MERGED /mɜrdʒ/

25 Jan 2020

Verb

  • If two companies merge, they join together to form a single company
Example Sentences: When did Glaxo Welcome and Smithkline Beecham merge?
We merged with X company in 1990.
 

FOUNDED /faʊnd/

24 Jan 2020

Verb

  • started, set up, established a company or organisation
Example Sentences: She founded the company with a $10,000 bank loan
We were founded in 1981.
 

PROVE pruv

23 Nov 2019

verb

  • Prove is the verb form of the noun proof. To prove is to show that something is true.
Example Sentences: They suspected that she'd killed him but they could never actually prove that it was her.
Computers have been used to prove mathematical theorems.
 

PROOF pruf

22 Nov 2019

noun

  • Proof is a noun and means a fact or piece of information which shows that something exists or is true.
Example Sentences: Do they have any proof that it was Hampson who stole the goods?
Keep your receipt as proof of purchase.
 

INTELLECTUAL PROPERTY ɪntlˈɛktʃuəl prɒpərti

13 Jul 2019

Noun

  • something that somebody creates which has value, esp. music, art, text, etc.
Example Sentence: The designer claims that her intellectual property rights were infringed.
 

HOSTILE TAKEOVER BID  

12 Jul 2019

Noun

  • an aggressive attempt by a company to buy control of another company.
Example Sentence: Their French rival has launched a hostile takeover bid.
 

CONSORTIUM kənˈsɔrʃiəm

09 Nov 2018

Noun

  • a group of companies that cooperate and share resources.
Example Sentence: The company is part of an international consortium.
 

GO PUBLIC goʊ pʌblɪk

09 Aug 2018

Phrase

  • to become a public company and to sell the company.
Example Sentence: The stock of the Internet company rose very quickly after the company went public.
 

DRAW UP A CONTRACT  

28 Jul 2018

Phrase

  • to make/draft a contract.
Example Sentence: The lawyer spent several hours drawing up a new contract.
 

CONTINGENCY FEE kənˈtɪndʒənsi fi

28 Jun 2018

Noun

  • (in the legal industry) a legal fee determined as a certain percentage of the award.
Example Sentence: We promised to pay a 10% contingency fee upon successful completion of the case, i.e. if we win and get our $10M compensation from the factory.
 

BENEFICIARY bɛnəˈfɪʃiˌɛri

06 Jun 2018

Noun

  • the person who will receive something.
Example Sentence: I was the sole beneficiary in my father's will.
 

ACQUISITION ˌækwəˈzɪʃən

01 Jun 2018

Noun

  • the process of getting or buying something, especially another business.
Example Sentence: The company will pay $210 million in cash to complete the acquisition.
 
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