4. Work and business

1 Working life

appoint to choose somebody for a job or position of responsibility She was appointed the chief of admission position. nimittää/määrätä
internship a period of time during which a student or new graduate gets practical experience in a job, for example during the summer holiday His intership at the publishing company was useful for his future career. työharjottelu/
työharjottelupaikka
minimum wage the lowest wage that an employer is allowed to pay by law The minimum wage in the United states is only $7.25. minimipalkka
innovative introducing or using new ideas, ways of doing something, etc. The board presented many new innovative ideas at the meeting. innovatiivinen
menial (of work) not considered important; not needing special skills and often boring or badly paid They made her do a lot of menial tasks at her summer job, like cleaning and organizing. vähäpätöinen/yksinkertainen
intermittent stopping and starting often over a period of time, but not regularly Her attendance at work was intermittent which was one of the reasons why they fired her. ajoittainen/katkonainen
multitask to do several things at the same time She was really good at her job and very efficient because she could multitask.  tehdä useaa asiaa samanaikaisesti
overtime time that you spend working at your job after you have worked the normal hours He did a lot of overtime during the time they were starting up their company. ylityö/yliaika
supervisor a person who supervises somebody/something People thought he took his supervisor position too seriously.  valvoja
underemployed not having enough work to do; not having work that makes full use of your skills and abilities She used to work as supervisor and now works as a cashier and feels underemployed. vajaatyöllistetty

2 Business

associate  a person that you work with, do business with or spend a lot of time with Their company went under because one of their associates did tax fraud in the companys name.  liikekumppani/kollega
liquidate iquidate (something) to close a business and sell everything it owns in order to pay debts They had to liquidate all of the companys assets.  likvidoida/hävittää
enterprise a company or business Her enterprise had been doing well and it reached a 10% grow in revenue. yritys/firma
broker a person who buys and sells things for other people He was so busy with his business so he hired a broker to help him out.  välittäjä/meklari
consumerism the belief that it is good for a society or an individual person to buy and use a large quantity of goods and services Many companies and enterprises are built on the consumerism in our society.  kulutusmyönteisyys/konsumerismi
fall through to not be completed, or not happen Our business plans fell through because we couldn't get the funding we needed.  epäonnistua
foothold a strong position in a business, profession, etc. from which somebody can make progress and achieve success Nokia used to have a strong foothold in the electronics market in the 90's.  jalansija
logistics (of something) the practical organization that is needed to make a complicated plan successful when a lot of people and equipment are involved They hadn't figured out the logistics of actually running a company. logistiikka
merchandise goods that are bought or sold; goods that are for sale in a shop Their merchandise has been raved about in a handful of magazines. kauppatavara
patent an official right to be the only person to make, use or sell a product or an invention; a document that proves this He came up with an extraordinary invention and was told to patent it as soon as possible. patentti

3 Money

withdrawal (of something) (from something) the act of taking an amount of money out of your bank account Someone came in to the bank just to withdrawal one euro form their account.  otto/nosto
valueless without value or worth The money he tried pay with was so little in local currency that it was basically valueless.  arvoton 
tax haven a place where taxes are low and where people choose to live or officially register their companies because taxes are higher in their own countries Many tax havens are different islands like the British Virgin Islands and Cayman Islands.  veroparatiisi
stagflation an economic situation where there is high inflation (= prices rising continuously) but no increase in the jobs that are available or in business activity Stagflation is a very dangerous situation for the economy because it essentially makes it not work properly.  stagflaatio
reduction an amount of money by which something is made cheaper Our company managed to make a 20% reduction in costs. alennys/vähennys
payable that must be paid or can be paid The bank assured that our loan is payable with twice a month payments. maksettava
greed a strong desire for more wealth, possessions, power, etc. than a person needs His greed for money made him lose all of his posessions in the end. ahneus
entrepreneurship the activity of making money by starting or running businesses, especially when this involves taking financial risks; the ability to do this Her entrepreneurship is enviable considering that she started a enterprise with just 2000 euros.  yrittäjyys
deposit to put money into a bank account I tried to deposit pounds into my bank account in Finland.  tallettaa
accounting the process or work of keeping financial accounts She has always wanted a career in accounting since she's good with money.  kirjanpito