a common formula used to determine the years needed for money to double at compound interest; divide 72 by the interest rate to get the number of years

  EXAMPLE:

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公共英語復(fù)習(xí)輔導(dǎo):PETS4寫作短語精選(13)

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  Rule of 72

  a common formula used to determine the years needed for money to double at compound interest; divide 72 by the interest rate to get the number of years

  EXAMPLE:

  According to the rule of 72, $10,000 invested at 6 per cent interest doubles to $20,000 in twelve years.

  Seasonal variation 季節(jié)性波動

  predictable changes in sales volume, business activity,orinventory due to the changes of seasons during the year

  EXAMPLE:

  Seasonal variation within the American toy industry is heavily influenced by Christmas holiday shopping.

  sick leave 病假

  payment for specific number of days each year during which an employee may be absent due to illness

  EXAMPLE:

  After they have worked for one year, all the employees of the XYZ automobile company receive 5 days of sick leave each year.

  small business 小型企業(yè)

  any business with a small number of employees , usually operated by one person, one family,ora small group of managers

  EXAMPLE:

  Many immigrant families open small businesses in the U.S. such as restaurants.

  sole proprietorship 獨(dú)資

  in the U.S. an unincorporated business owned wholly by one individual

  EXAMPLE:

  My uncle‘s tea shop was a sole proprietorship until my father joined him in a partnership.

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