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Englisch (Subject) / Key Words in the media (Lesson)
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- soar (verb) rise very quickly
- fluctuate (verb) change continuously between one leveland another (schwanken)
- bribe (verb / noun) present that you give to someone so thatthey will do something for you, usuallysomething dishonest (Bestechung) He was accused of accepting/taking bribes from wealthybusinessmen.
- creative accounting (noun) [U] (disapproving) when you find ways of explaining howmoney has been spent, which keep hidden what has really happened to it. (Bilanzgestaltung)
- embezzle (verb) [I or T] embezzlement (noun) [U] to secretly take money that is in your careor that belongs to an organization or businessyou work for. (veruntreuen, Geld unterschlagen) They were arrested for embezzlementof company funds.
- fraud (CRIME) (noun) [C or U] the crime of obtaining money by deceivingpeople (Fälschung) credit card fraud
- insider dealing (noun) [U] (ALSO insider trading) the illegal buying and selling of companyshares (= a financial part of the ownershipof a company) by people who have specialinformation because they are involved withthe company
- money laundering (noun) [U] to move money which has been obtainedillegally through banks and other businessesto make it seem to have been obtainedlegally (Geldwäsche)
- scam (noun) [C] an illegal plan for making money (die Masche) an insurance scam
- in the red a company that is in the red is in debt
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- in the black a company that is in the black does nothave any debts(Schulden)
- go to the wall (verbal phrase) a company that goes to the wall is financiallyruined