Accounting and banking. Rachunkowość i Bankowość - ebook

Accounting and banking

Welcome to BEM’s guide to business vocabulary. In this issue we would like to focus on two of the most troublesome areas of Business English: accounting and banking. The terms here are presented as a handy list of words next to their English meanings and Polish translations. Please bear in mind that the list is neither full nor comprehensive and its aim is to give you a general idea about the use of these words in different contexts. For professionals, it is always best to use a good specialized dictionary, but for those readers who encounter ac-counting and banking vocabulary only in the media, our guide should suffice. For your convenience, underlined words and expressions used in definition entries in our thesaurus are also explained and translated within its boundaries.

troublesome – kłopotliwy

terms – terminy

handy – poręczny

to bear in mind – mieć coś na uwadze

comprehensive – obszerny

general idea – ogólne pojęcie

professionals – zawodowcy

to suffice – wystarczyćHOW TO WRITE AN AUTO-REPLAY?

English word

Meaning

Polish translation

A

account

a record of money a person deposits into a bank

konto

account balance

the amount in an account

stan konta

accounting cycle

the sequence of steps in preparing the financial statements for a given period.

cykl księgowy

accounts payable

a file or account that contains money that a person or company owes to suppliers

płatności

accounts receivable

a creditor’s accounts of money owed to him

należności

accured assets

assets from revenues earned but not yet received

aktywa należne

accumulated amorti- zation

charges against the intangible assets of a company over the expected useful life of the assets

amortyzacja skumulowana

actual cost adjusting entries

the amount paid for an asset journal recorded to update general ledger accounts at the end of a fiscal period

koszt właściwy poprawki końcowe w księdze głównej

advance

an amount paid before it is earned

przedpłata

aggregate

the sum or total

suma

allowance

a concession granted to customers

zniżka, ulga

amount due

the amount a customer is required to pay

należność

appreciation

the increase in the value of an asset

podniesienie wartości

assets

all items of ownership convertible into cash

aktywa

audit

the inspection of the accounting records

audyt

Automated Teller Machine (ATM)

an unattended machine (outside some banks) that dispenses money

bankomat

B

backlog

unfilled orders placed with a manufacturing company

zaległości

balance

the difference between credits and debits in an account

saldo

balance sheet

a financial statement that reports assets, liabilities, and the owner’s equity on a specific date

bilans

bank charges

money paid to a bank for the bank’s services

opłaty bankowe

banker’s draft

a draft drawn by a bank against funds deposited in another bank or a building society

trata bankowa

bankruptcy to barter

a state of insolvency to trade without using money

bankructwo prowadzić handel wymienny

to borrow

to ask for the temporary use of money on the condition of repayment and at a set rate of interest

pożyczać (od kogoś)

branch batch

a local office of a bank a group of things or persons to be handled or processed together

oddział partia

benefit

advantage, privilege or right

zysk

bill of materials

listing of all the articles, parts and raw materials that are needed to pro- duce a finished product

zestawienie materiałowe

billing

the request for payment of a debt

fakturowanie

bonus

remuneration in addition to a regular salary

premia

bottom line

net income after taxes

zysk po opodatkowaniu

building society

a savings institution, regulated by the government, that receives deposits in exchange for shares of ownership & invests mainly in loans secured by mortgages

kasa mieszkaniowa

C

capital

the account used to summarize the owner’s equity in a business

kapitał

cash

money in the form of coins or banknotes

gotówka

cash flow

cash earnings minus cash outflows

przepływ gotówki