Business law

Forgery

unlawful making or altering any writing

Obtaining goods by false pretenses

when the acquisition results from intentional misrepresenting of a past or existing fact

Larceny

anyone unlawfully takes property of another person

Embezzlement

trusted white collar unlawfully takes property of another person

Mail/wire fraud

any fraudulent scheme to intentionally deprive another of property or honest services via mail or wire communication

Bribery

he act of giving or receiving something of value in exchange for some kind of influence or action in return, that the recipient would otherwise not alter

Industrial espionage

theft of trade secrets

Bankruptcy fraud

a dishonest act before, or in connection with, a bankruptcy filing

Insider trading

Insider trading is the trading of a public company's stock or other securities by individuals with access to nonpublic information about the company

Criminal forfeiture

property that is subject to criminal forfeiture is confiscated from its owner without any compensation being made because of its use in illegal conduct

Action item

needs to be done

Reality check

process to prevent you from being too optimistic

Wake-up call

warning to rethink things

Red flag

indicated real trouble ahead

Alarm bells

urgent warning

Do homework

be prepared

Go back to the drawing board

redo something

Leave a paper trail

write everything down

Put everything in round file

throw away

Read the small print

go through every detail

Dead wood

bad employees

Perk

non-salary benefit

Retrenchment

a reduction in costs of staff to rescue a company

Collateral

a security required by bank before it makes a loan

Earning guidance

info released by company about its profits

Connect dots

think logically

Do a 180

change strategy

Go fishing

find out information without knowing exactly what one is doing

Pull a fast one

use unfair tricks

Think outside the box

be creative

Cakewalk

sth easy

Off the charts

poza skalą

Save the day

provide solution

Close the deal

seal a deal

Drop the ball

do sth incorrectly

Jump the gun

do sth too fast

Rock the boat

cause trouble

USP

unique selecting position

CC

carbon copy

Impulse buy

buy sth without planning

Bulk discount

reduced price on a very large order

Cold call

call from an unannounced seller

Hard sell

aggressive sales technique

Sales rep

salesperson who visits clients

Run a company

Run a company

Be groomed for

Be groomed for

Be in charge of

Be in charge of

Report to X - być w drużynie X

Report to X - be on the X team

Golden handshake

last salary to a manager leaving the company

Be in the black

make profit

Be in the red

lose money

Red tape

bureaucracy

Rosy scenario

very optimistic one

Balance of payments

money going in and out of a country

Gross domestic product

the size of country’s economy PKB

Bait and switch

deceptive advertising

Balloon payment

large payment due at the end of contract term

Hushmail

repurchase of shares at a premium to ensure silence from a shareholder critical of management

Deceptive

advertising misleading the customer

Featherbedding

unfair labor practice; employer pays off work not performed

Freeze-out

majority of shareholders prevent a minority from participating in decision-making process

Dummy

a sub. corp. dominated by parent to have no legally separable existence

Colling of laws

3/14 days to rethink purchase for a customer

Cramdown

confirmation of bankruptcy

Fruit of a poison tree

evidence acquired as a result of sth illegal

Lemon

law that requires manufacturers to fix defective products

Cybersquatting

when someone registers the domain name and acts to worsen the situation of an well-known entity acting under this domain

Disparagement

business defamation

Duress

physical or psychological coercion that deprives person of a free will to contract

Crown jewel

management makes the company less attractive by selling most valuable asset

Golden parachute

company establishes special termination or retirement rights just before a takeover, to benefit top managers

Pacman

defense in which the target corp. attempts to takeover the acquiring corporation

Poison pill

target corp. issues certain rights to shareholders so the company looks undesirable

White knight

target corp. solicits a merger with a 3rd party, which makes a better tender offer

Action item

needs to be done

Reality check

process to prevent you from being too optimistic

Wake-up call

warning to rethink things

Red flag

indicated real trouble ahead

Alarm bells

urgent warning

Do homework

be prepared

Go back to the drawing board

redo something

Leave a paper trail

write everything down

Put everything in round file

throw away

Read the small print

go through every detail

Dead wood

bad employees

Perk

non-salary benefit

Retrenchment

a reduction in costs of staff to rescue a company

Collateral

a security required by bank before it makes a loan

Earning guidance

info released by company about its profits

Connect dots

think logically

Do a 180

change strategy

Go fishing

find out information without knowing exactly what one is doing

Pull a fast one

use unfair tricks

Think outside the box

be creative

Cakewalk

sth easy

Off the charts

poza skalą

Save the day

provide solution

Close the deal

seal a deal

Drop the ball

do sth incorrectly

Jump the gun

do sth too fast

Rock the boat

cause trouble

USP

unique selecting position

CC

carbon copy

Impulse buy

buy sth without planning

Bulk discount

reduced price on a very large order

Cold call

call from an unannounced seller

Hard sell

aggressive sales technique

Sales rep

salesperson who visits clients

Run a company

Run a company

Be groomed for

Be groomed for

Be in charge of

Be in charge of

Report to X - być w drużynie X

Report to X - be on the X team

Golden handshake

last salary to a manager leaving the company

Be in the black

make profit

Be in the red

lose money

Red tape

bureaucracy

Rosy scenario

very optimistic one

Balance of payments

money going in and out of a country

Gross domestic product

the size of country’s economy PKB

Bait and switch

deceptive advertising

Balloon payment

large payment due at the end of contract term

Hushmail

repurchase of shares at a premium to ensure silence from a shareholder critical of management

Deceptive

advertising misleading the customer

Featherbedding

unfair labor practice; employer pays off work not performed

Freeze-out

majority of shareholders prevent a minority from participating in decision-making process

Dummy

a sub. corp. dominated by parent to have no legally separable existence

Colling of laws

3/14 days to rethink purchase for a customer

Cramdown

confirmation of bankruptcy

Fruit of a poison tree

evidence acquired as a result of sth illegal

Lemon

law that requires manufacturers to fix defective products

Cybersquatting

when someone registers the domain name and acts to worsen the situation of an well-known entity acting under this domain

Disparagement

business defamation

Duress

physical or psychological coercion that deprives person of a free will to contract

Crown jewel

management makes the company less attractive by selling most valuable asset

Golden parachute

company establishes special termination or retirement rights just before a takeover, to benefit top managers

Pacman

defense in which the target corp. attempts to takeover the acquiring corporation

Poison pill

target corp. issues certain rights to shareholders so the company looks undesirable

White knight

target corp. solicits a merger with a 3rd party, which makes a better tender offer

Forgery

unlawful making or altering any writing

Obtaining goods by false pretenses

when the acquisition results from intentional misrepresenting of a past or existing fact

Larceny

anyone unlawfully takes property of another person

Embezzlement

trusted white collar unlawfully takes property of another person

Mail/wire fraud

any fraudulent scheme to intentionally deprive another of property or honest services via mail or wire communication

Bribery

he act of giving or receiving something of value in exchange for some kind of influence or action in return, that the recipient would otherwise not alter

Industrial espionage

theft of trade secrets

Bankruptcy fraud

a dishonest act before, or in connection with, a bankruptcy filing

Insider trading

Insider trading is the trading of a public company's stock or other securities by individuals with access to nonpublic information about the company.

Criminal forfeiture

property that is subject to criminal forfeiture is confiscated from its owner without any compensation being made because of its use in illegal conduct

Agency

relation in which one person acts for or represents another

principal

source of authority or right

bylaws

regulations and rules adopted by a corp., UK: articles of association

dividends

the company's profits when they are declared or set apart by the company director

dormant

an inactive but legal corporation which could be operatng, but is not

S corp

a company in which capital is divided into shares held by owners of the company and which is authorized by law to pay its profits to stockholders in form of dividends

C corp

a company which pays 2 tax, filed federal income tax, most opular in the US

controlling interest

when 1 shareholder controls a majority of the shares in a corporation

close held corporation

when single shareholder or a close kit of shareholders hold shares

collapsible corporation

corp formed for one specific venture, ceases to exist after venture is finished

brother/sister corporation

when two or more corps are owed and controlled by one entity

membership corporation

non stock, non profit company