英语流利说 Level 5 Unit 2-3 Business Terms

音频

To merge, to combine or come together.

Those two companies used to be competitors, but now they have merged into one company.

When the two companies merged, many people were laid off.

To acquire, to buy or take possession.

Some big companies grow by acquiring other companies.

One way to protect your business is to acquire your competitors.

An agenda, a plan or list of items to be discussed at a meeting.

The agenda for the meeting is still unclear.

What are the main points on the agenda for the meeting？

A contract, a written document that defines the rules in a relationship.

A contract isn't usually useful until things begin to go badly in a relationship.

According to our contract, their first payment is due next week.

(It took a long time to agree on a contract because their lawyers kept finding issues that kept us apart.)

Assets and liabilities, assets are what you own and liabilities are what you owe.

Knowing the assets and liabilities of a company helps determine a company's value.

The company had more liabilities than assets so we decided not to invest.

（We don't know what's on his agenda，so we need to be careful what we say.）

（If a company borrows a lot of money，it's increasing its liabilities.）

（When two companies combined into one，it's called a merger.）