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 Unit 1: Letters, faxes, and emails

1 Document enclosed with a letter. 2 Figures and ' or letters written at the top of a
(enclosure) letter to identify it. (reference)
3 Style of writing in which each line starts 4 Complimentary close used at the end of a
directly below the one above (blocked style) letter when the addressee's name is known.
(yours sincerely)
5 Phrase written on a letter intended only to 6 Name and job title typed below a signature.
be read by the addressee. (private and (signature block)
confidential)
7 Separate document attached to an email 8 The name of someone's job.
message. (attachment) e.g. Sales Manager, Chief Buyer. (job title)

Unit 3: Enquiries
1 Company that is partly owned by a larger 2 Person who buys goods or services from a
one. (subsidiary) shop or company. (customer)
3 Money taken off the usual selling price of 4 Place where a company demonstrates its
goods when the buyer is purchasing a large products. (showroom)
amount (quantity discount)
5 Publication giving details of goods or 6 Price given for work to be done. (estimate)
services offered by a company. (catalogue)
7 Written estimate. usually for a large job such 8 Publication giving details about a school or
as building a factory. (tender) college (prospectus)
9 Person or company that buys goods from 10 Term used when a supplier agrees to buy
manufacturers and sells them to retailers. back unsold goods (sale or return)
(wholesaler)

 Unit4: Replies and quotations


1 Condition of sale when the customer pays 2 Internationally used term which indicates
for the transport of the goods. (carriage which price is being quoted to the customer.
forward) (incoterm)
3 Price which does not include additional costs 4 Amount taken off the usual price of goods
such as transport and insurance. (net price) when they are sold to a regular customer.
(loyalty discount)
5 In a separate envelope or parcel. (under 6 Price which includes additional costs such as
separate cover) transport and insurance. (gross price)
7 Price for work to be done or a service to be
provided. (quotation)
1 DDU (delivery duty unpaid) c The seller pays all delivery costs,
except for import duty, to a named
destination.
2 CFR (cost and freight) d The seller pays all delivery costs to a
named destination, except for insurance.
3 CIF (cost, insurance, and freight) f The seller pays all delivery costs to a
named destination.
4 EXW (ex-works) a The buyer pays all delivery costs once the
goods have left the seller's factory or
warehouse.
5 FAS (free alongside ship) b The seller pays all delivery costs
to the port.
6 FOB (free on board) e The seller pays all delivery costs to when the
goods are on board ship.
7 Ltd (Limited Liability) e . This means that the individuals who own
the company or part of it are only responsible
for their holding if the company goes bankrupt
.
8 PLC (Public Limited Company) j . This is used to show that a company's
shares can be bought and sold by the public
9 P.P (Per Pro) o. That is for & on behalf of, and is used by
administrators or personal assistants when
signing letters on behalf of their manager
10 Fax s. The word fax comes from facsimile, which
means an exact copy or reproduction
11 b.c.c a . This stands for blind carbon copies , which
is in a letter , you should use if you do not
want the main recipient to know who has
received copies
12 Net prices k. Prices which exclude other costs such as
transport insurance and VAT .
13 DES (Delivered Ex-Ship) r. The seller pays all delivery costs on board
ship but does not clear the goods for import at
the named port of destination
14 DEQ (Delivered Ex- Quay ) l. The seller pays all delivery costs to a port
named by the buyer , but does not clear the
goods for import as the named port
15 Fixed terms t. State your price & discounts with no room
negotiation
16 Credit transfer m. The customer fills out the bank Giro slip
and hands it into a bank with a cheque. The
bank then transfers the money to the supplier
17 Letter of Credit (L/C ) n . is a document issued by a bank on a
customer's request ordering an amount of
money to be paid to a supplier
18 COD (Cash on delivery) d. is a service offered by the Post Office. They
will deliver goods and accept payment on
behalf of the supplier

Unit 5: Orders
1 Person or organization that conveys goods 2 Letter accompanying a document or goods,
to their destination. (forwarding agent) explaining the contents. (covering letter)
3 List of goods or services that states how 4 Document informing a customer that a
much must be paid for them. (invoices ) consignment is on its way to them. (advice
note)
5 Payment of an account. (settlement) 6 Small piece of paper with a company's
details on it. (compliments slip)
7 To send goods by road, rail, air, or sea. (ship) 8 Document that gives information about
goods sent by air. (air waybill)

Unit 6: Payment
1 Take legal action to obtain payment. 2 Date by which an account should be settled.
(protest) (due date)
3 Account into which a customer can pay 4 Movement of money from one bank account
money or draw it out, without giving notice to another. (bank transfer)
(current account)
5 Payment. (remittance) 6 Difference between the totals of money
coming into and going out of a bank account
(balance)
7 List of amounts paid and owed. (statement 8 Document informing a customer of money
of account) owed. (debit note)
9 Bill of exchange that must be paid 10 Letter of credit that requires the seller to
immediately it is presented. (sight draft) supply shipping documents to the bank to
obtain payment. (documentary credit)
Unit 8: Credit
1 Means of allowing credit e.g. bill of 2 Debt that is not likely to be paid. (bad debt)
exchange. (credit facilities)
3 Method of payment by which the seller can 4 Evaluation of the creditworthiness of an
give the buyer credit for an agreed period individual or company. (credit rating)
eg.30 days. (bill of exchange)
5 To fail to do something required by law. 6 Written report on a company's credit
(default) worthiness. (reference)

Unit 9: Banking
1 Transfer a bill or cheque by signing it on the 2 Type of bank that specializes in international
back. (endorse) trade and finance. (merchant bank)
3 Document that shows where goods were 4 Bill of exchange without any accompanying
made. (certificate of origin) documents. (clean bill)
5 Letter of credit it that requires the seller to 6 Number of days within which a bill of
supply shipping documents to a bank to obtain exchange must be paid after presentation.
payment. (documentary credit) (days after sight)
7 Regular cost of running a company .e.g. rent 8 Bill of exchange that must be paid
(overhead) immediately it is presented. (sight draft )

Unit 11: Transportation and shipping


1 When small consignments from different 2 Document showing that goods have been
exporters are loaded into a single container. paid for (receipt)
(consolidation)
3 Unit of transportation, e.g. a container, that 4 Agent who arranges the transport of cargo
can be transferred between different systems. by ship. (shipbroker)
e.g. train and ship. (multimodal)
5 The part of a cargo that earns money for the 6 Large metal box in which goods are packed
shipping company. (payload) for transportation. (container)
7 Term used on a bill of lading to indicate that 8 To transfer a cheque or bill of exchange to
goods were damaged or incomplete when someone else by signing it on the back
they came on board. (claused) (endorse)

Unit 15: Personnel appointments


1 Another word for appointment or post. (vacancy)
2 Short profile of the job applicant at the beginning of a CV. (career summary)
3 Person who writes a reference. (referee)
4 Document describing a Job applicant's qualifications. work experience. and interests.
(curriculum vitae)
5 A Job applicant may send this with a CV or application form. (covering letter)
6 Another word for human resources. (personnel)
7 Application for a post that has not been advertised (unsolicited)

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