Professional Foreign language ECN/ENG2101 L, Mussurov Altay

GNP is another way to measure the economy, but also the welfare of British citizens. This is GDP plus the profits, interest and dividends received from British residents abroad and minus those profits, interest and dividends paid from the UK to overseas residents.

This is a term used to describe six months into the financial year when British listed companies must produce profit figures.

When two companies within the same industry and at the same stage in production merge together.

This is a takeover bid of a company that is deemed unacceptable or has unwelcome terms as deemed by the company’s board.

This is inflation that is rapid or out of control. It usually only occurs during wars or during severe political instability.

Buying goods or services from overseas and bringing them into the country.

Determines the net income/profit of a business. An annual summary of both income and expenses.

This is an indicator of future economic growth as it is the manufacturing output of the nation.

The term used when prices rise.

The trading of shares based on knowledge that no one else has. It was made illegal in the UK in 1980.