Wednesday, 14 December 2016

Words T8

E-commerce
Electronic commerce (e-commerce or ecommerce) is a type of business model, or segment of a larger business model, that enables a firm or individual to conduct business over an electronic network, typically the internet.

Spanish translation: Comercio electrónico
Examples:
- 'Succeeding in building an e-commerce business doesn´t always discriminate against your past. You can control your own future if you give yourself permission to do so'.
Found in: http://www.websitebuilderexpert.com/e-commerce-examples-case-studies/
- ‘By 2010, e-commerce represented 77 percent of direct-to-consumer revenues and was a significantly more profitable than either retail stores or catalog sales.’

Fintech
Fintech is a portmanteau of financial technology that describes an emerging financial services sector in the 21st century. Originally, the term applied to technology applied to the back-end of established consumer and trade financial institutions. Since the end of the first decade of the 21st century, the term has expanded to include any technological innovation in the financial sector, including innovations in financial literacy and education, retail banking, investment and even crypto-currencies like bitcoin.

Spanish translation: Finanzas y tecnología

Example:
- ‘Over the past five years, global financial technology (fintech) financing has grown rapidly, but the share of fintech investment directed at companies looking to compete against the financial services sector has remained relatively stable at 62 percent. In New York City, however, that explosive growth has coincided with a dramatic shift toward collaboration. As a result, the city is quickly becoming the global center of a new kind of fintech innovation’.



Tariff
A tax imposed on imported goods and services. Tariffs are used to restrict trade, as they increase the price of imported goods and services, making them more expensive to consumers. A specific tariff is levied as a fixed fee based on the type of item (e.g., $1,000 on any car). Tariffs provide additional revenue for governments and domestic producers at the expense of consumers and foreign producers. They are one of several tools available to shape trade policy.
Spanish translation: Arancel
Examples:
 - "Tariffs on some sensitive products will be eliminated over longer timeframes as agreed by the TPP Parties”.


- “China declares it will stop selling iPhones if Trump imposes tariffs”


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