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question		réponse
member of the company, owner of the company who has a part of shared capital commencer à apprendre		Shareholder
person from outside the company who is a quallified accountant and whose task is to inspect the financial records of a company commencer à apprendre		Auditor
person employed by a company to deal with all financial paperwork, person who deals with accounts (day-to-day finances of a company) commencer à apprendre		Accountant
person who lends money commencer à apprendre		Creditor
person who has borrowed money commencer à apprendre		debtor
list of goods or service which shows how much you have to pay for them commencer à apprendre		Invoice
to limit commencer à apprendre		to restrict
type of a company set up to carry out a task by 2 or more companies, each company remains independent from each other commencer à apprendre		joint venture
agreement under which a director is employeed commencer à apprendre		service agreement
situation when a company does not have enough money to pay its debts commencer à apprendre		Insolvency
situation when 2 companies join together to form one company commencer à apprendre		Merger
person who manages the business on day-to-day basis commencer à apprendre		Executive director
post qualification experience, shows what experience you have gained after graduation commencer à apprendre		PQE
to call commencer à apprendre		to convene
profits commencer à apprendre		Proceeds
minimum number of people who must be present at the meeting to make a decission commencer à apprendre		Quorum
a duty to be loyal and to act in the best intrest of a company commencer à apprendre		Fiduciary duty
enables an invalid to move commencer à apprendre		mobility equipment
record of a meeting commencer à apprendre		Minutes
to postpone commencer à apprendre		to adjourn
annual general meeting, meeting of all shareholders of a company which is convened regulary once a year commencer à apprendre		AGM
extraordinary general meeting, convened if it’s necessary for shareholders to meet again commencer à apprendre		EGM
method of voting by raising hands commencer à apprendre		vote by show off hands
method of voting by writing on a paper commencer à apprendre		Poll
when everybody votes in the same way commencer à apprendre		Unanimously
passed at a meeting when simple majority is needed (over 50%) commencer à apprendre		ordinary resolution
passed at a meeting when majority of 75% is needed commencer à apprendre		Special resolution
to sell assets commencer à apprendre		to raise assets
to sell companys assets to pay off its debts commencer à apprendre		to wind-up
situation when a court is asked to appoint administrator to restructurise the company commencer à apprendre		Administration
company is insolvent, liqiudator called a receiver to start proces of liquidation of a company commencer à apprendre		receivership
person who represents shareholder and votes for him commencer à apprendre		Proxy
when the company is solvent, but shareholders decided to wind-up the company voluntarily commencer à apprendre		Voluntarily liquidation
zatrudnić dyrektora/zwolnić dyrektora commencer à apprendre		to appoint a director/remove a director
sporządzać protokół commencer à apprendre		to take a minutes (draw up/draft)
podjać uchwłę commencer à apprendre		to pass a resolution
wykreślić przedsiębiorstwo z rejestru commencer à apprendre		to strike the company off the register
być w sporze commencer à apprendre		to be in dispute
ogłosić dywidendę commencer à apprendre		to declare a dividend
być niezadowolonym z czegoś commencer à apprendre		to be dissatisfied with sth
działać w dobrej wierze commencer à apprendre		to act in good faith
brać udział osobiście commencer à apprendre		to attend in person
umieścić spółkę w likwidacji commencer à apprendre		to place a company into liquidation
niezabezpieczony wierzyciel commencer à apprendre		Unsecured creditor

T 1 Company law

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