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Match the definitions on the right with the terms on the left




Box, and the second part taken from the second box.

Complete sentences with the first part of an expression taken from the first

Give collocations with the words. Translate them.

Adjective

Noun

Verb noun

Fill the table. Translate the words.

(person / object)

(abstract)

acquire

registration

liquidator

authorized

issuer

consolidate

abs orpt ion

--------- allotment

guarantee

-------- wound

obligor

capitalize

management

subscribed

bankrupt

acquire –

authorized –

issued –

guarantee –

absorb –

allotment –

winding-up –

liquidation –

acquiring –

annual… hostile… pre-emption… balance… ordinary…

personal… limited… jointly… several… sleeping… limited…

friendly… general… preference…

 

 

…liable …rights …sheet …general meeting …share (x2) …partner

(x3) …takeover (x2) …liability (x3)

1. Company’s _________________ of stockholders is rescheduled from March 15

to April 20.

2. _______________ provides useful information for assessing the financial

stability of a company.

3. Owners of LLC have _______________ for the debts and actions of the

business.

4. If you have __________________ for a debt, the creditor can resort to property

you own to satisfy the debt.

5. If parties are __________________, then they are each liable up to the full

amount of the relevant obligation, so if one party dies, disappears or is declared

bankrupt, the other remains fully liable.

6. _________________ is liability which is distinct and separate from the liability

of others.

7. _________________ has a share in the business but does not work in it.

8. ________________, or a nominal partner does not participate in the

management of the business and has limited personal liability for the business's

debts.

9. ___________, also called full partner, has control of the business and has

unlimited personal liability for the business's debts.

10. _______________________ is acquisition of a company despite the

disapproval of, or open resistance from, target company’s management or its board

of directors.

11. __________________________ is acquiring one firm by another where the

owners of both businesses agree to the terms of the transaction.

12. _____________________ is a privilege stipulated in articles of association, or

bylaws of a firm under which the current shareholders, or stockholders are given

the first option to buy a new issued ________________________, or common

stocks.

13. Holders of ________________ receive fixed dividends, have no voting rights

and are paid first if the company goes into liquidation.

1. bylaws a. the statement of the assets and the

liabilities of a business at a particular

time

2. Articles of incorporation b. a financial obligation for which an

individual is responsible and which may

be satisfied out of his / her assets.

3. income statement c. the legal address of a business that is

entered in the official register, and to

which all official communication is

addressed

4. rights issue d. shows the revenues (доход),

expenses, and income of a corporation

over some period of time

5. registered address e. capital held by a business that has

been borrowed, through a long-term

loan or sale of stock shares, and must be

repaid within a stipulated period

6. balance sheet f. gathering of the stockholders and

directors for the presentation and

approval of the audited accounts,

election of directors, and appointment of

auditors for the new accounting term,

required by law to be held each calendar

year

7. personal liability g. a shareholders’ meeting that is called

to deal with an urgent matter, such as

the replacement of an executive or

perhaps some legal trouble with the

company

8. AGM h. a party that agrees to buy a new issue

of a share before it is actually issued

9. loan capital i. new share issue which is offered to

existing shareholders at a specified

(usually discounted) price

10. subscriber j. rules approved by stockholders which

govern the conduct of a business and

typically include rules concerning the

election of directors, selection of

auditors, and amendment of existing

bylaws

11. EGM k. basic charter of a corporation which

sets out the name, basic purpose,

incorporators, amount and types of

stock which may be issued, and any

special characteristics; it must be filed

with an appropriate government agency

to be given legal recognition as a

corporation




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