Language/Finnish/Vocabulary/Business-and-Finance
Introduction[edit | edit source]
In this lesson, we will delve into the world of business and finance and learn specialized vocabulary that will help you navigate this field in Finnish. Business and finance are important areas of study for those who wish to understand the economic landscape of Finland and engage in professional conversations in Finnish. Whether you are interested in starting your own business, working in finance, or simply expanding your vocabulary, this lesson will equip you with the necessary tools to communicate effectively in the business world.
We will begin by exploring common terms related to business and finance, including banking, investments, and accounting. We will also discuss the Finnish business culture and etiquette to help you navigate professional situations with confidence. Throughout the lesson, we will provide numerous examples and exercises to reinforce your learning and ensure a comprehensive understanding of the topic.
By the end of this lesson, you will have acquired an extensive vocabulary in business and finance, enabling you to engage in conversations, read business documents, and understand financial concepts in Finnish.
Vocabulary[edit | edit source]
Banking[edit | edit source]
Banking is an integral part of the financial system, and understanding the terminology used in this field is crucial for anyone interested in finance or entrepreneurship. Let's explore some common banking terms in Finnish:
| Finnish | Pronunciation | English |
|---|---|---|
| pankki | /ˈpɑŋkːi/ | bank |
| tili | /ˈtili/ | account |
| pankkitili | /ˈpɑŋkkɪtili/ | bank account |
| tilinumero | /ˈtilinumero/ | account number |
| kortti | /ˈkortːi/ | card |
| luotto- | /ˈluotːo-/ | credit |
| luottokortti | /ˈluotːokortːi/ | credit card |
| talletus | /ˈtɑlːetus/ | deposit |
| nosto | /ˈnosto/ | withdrawal |
| laina | /ˈlaina/ | loan |
| korko | /ˈkorko/ | interest |
| velka | /ˈvelkɑ/ | debt |
Investments[edit | edit source]
Investing is a common way to grow wealth and secure financial stability. Let's explore some vocabulary related to investments in Finnish:
| Finnish | Pronunciation | English |
|---|---|---|
| sijoitus | /ˈsijoitus/ | investment |
| sijoittaja | /ˈsijoittɑjɑ/ | investor |
| osake | /ˈosɑke/ | share |
| osakkeenomistaja | /ˈosɑkkeːnomistɑjɑ/ | shareholder |
| osinko | /ˈosinko/ | dividend |
| osakerahasto | /ˈosɑkerɑhɑsto/ | equity fund |
| korkorahasto | /ˈkorkorɑhɑsto/ | bond fund |
| indeksirahasto | /ˈindeksirɑhɑsto/ | index fund |
| riski | /ˈriski/ | risk |
| tuotto | /ˈtuotto/ | return |
| sijoitusneuvoja | /ˈsijoitusneuvojɑ/ | investment advisor |
Accounting[edit | edit source]
Accounting is the language of business, and understanding its terminology is essential for financial professionals. Let's explore some accounting terms in Finnish:
| Finnish | Pronunciation | English |
|---|---|---|
| kirjanpito | /ˈkirjɑnpito/ | accounting |
| tuloslaskelma | /ˈtuloslɑskelmɑ/ | income statement |
| tase | /ˈtɑse/ | balance sheet |
| tilinpäätös | /ˈtilinpɑetːos/ | financial statement |
| liikevaihto | /ˈliːkevɑihto/ | revenue |
| kulut | /ˈkulut/ | expenses |
| voitto | /ˈvoitto/ | profit |
| tappio | /ˈtɑppio/ | loss |
| brutto | /ˈbrutto/ | gross |
| netto | /ˈnetto/ | net |
| taseessa | /ˈtɑseessɑ/ | on the balance sheet |
Cultural Insights[edit | edit source]
The Finnish business culture is characterized by a strong emphasis on honesty, equality, and efficiency. Finnish business meetings are typically well-organized, punctual, and focused on achieving results. Building trust and maintaining a good reputation are highly valued in Finnish business circles.
When conducting business in Finland, it is important to address your Finnish counterparts with their last names and use formal language. It is common practice to exchange business cards at the beginning of a meeting. Additionally, it is important to be prepared, as Finns appreciate thorough research and knowledge of the topic at hand.
Finland is known for its innovative and technology-driven economy. The country is a global leader in sectors such as telecommunications, clean energy, and information technology. Finnish companies are recognized for their high-quality products and services, and business relationships are typically built on trust and long-term partnerships.
Exercises[edit | edit source]
1. Match the Finnish banking terms with their English translations:
| Finnish | English |
|---|---|
| pankki | a. credit card |
| tili | b. account |
| luottokortti | c. debt |
| talletus | d. interest |
| velka | e. withdrawal |
Solution: - pankki: b. bank - tili: b. account - luottokortti: a. credit card - talletus: e. deposit - velka: c. debt
2. Fill in the blanks with the appropriate Finnish accounting terms:
a. The __________ shows the company's financial position at a specific point in time. b. The __________ details the revenue and expenses of the company. c. After deducting the __________ from the revenue, we can calculate the net profit. d. The company experienced a __________ of 10% this year. e. The __________ profit is the profit before deducting any taxes or expenses.
Solution: a. tase (balance sheet) b. tuloslaskelma (income statement) c. kulut (expenses) d. tappio (loss) e. brutto (gross)
Conclusion[edit | edit source]
Congratulations! You have expanded your vocabulary in the field of business and finance in Finnish. By learning these specialized terms, you are better equipped to engage in conversations and understand financial concepts in Finnish. Remember to practice using these words in real-life situations to further solidify your knowledge.
In the next lesson, we will explore another fascinating topic: science and technology. Stay tuned for an exciting journey into the world of scientific and technological advancements in Finnish!
Sources[edit | edit source]
- Finnish Language Becomes Hot Trend for Company Names ...
- Finnish-English Dictionary of Finance and Economics – Finrepo
Other Lessons[edit | edit source]
- People in Finnish
- Parts of the Body
- Time
- Transportation and Travel
- Politics and Government
- How to count in Finnish
- Numbers
- Food and Beverage
- At Home