Termination of business



Presentations – handout, KEY:
•1. death
•2. bankruptcy
•3. undischarged
•4. ordinary
•4. limited liability
•6. due
•7. bankruptcy
•8. voluntary arrangement
•9. compulsory liquidation
•10. receivership

•11. court
•12. bankruptcy
•13. compulsory liquidation
•14. solicitors
•15. liquidators
•16. bankruptcy order
•17. debtor
•18. trustee
•19. bankrupt’s estate
•20. creditors

•21. winding-up order
•22. directors
•23. assets/property
•24. dissolved
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KEY - matching
•bankrupt - a person not being able to pay debts
• executor - the person administering a dead person’s property • bankruptcy - the state of being
unable to pay debts
• wound-up - liquidated
• dissolved - officially terminated
• discharged - freed from bankruptcy
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KEY - connotations
• involuntary petition
•bankruptcy proceedings
• general meeting
• registered office
• legal person
• official receiver
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translate into English
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•úpadek, bankrot, konkurz

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•úpadek, bankrot, konkurz
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•bankruptcy

translate into English
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•dlužník a věřitel

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•dlužník a věřitel
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•debtor and creditor

translate into English
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•stát se splatným

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•stát se splatným
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•to become due

translate into English
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•nedostatek prostředků

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•nedostatek prostředků
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•lack of means

translate into Czech
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•správce konkurzní podstaty

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•správce konkurzní podstaty
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•trustee/official receiver/insolvency practitioner

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•a bankrupt

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•a bankrupt
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•konkurzní dlužník

translate into Czech
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•to file a petition for bankruptcy
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•to file a petition for bankruptcy
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•podat návrh na konkurz
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•to be wound up
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•to be wound up
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•být zlikvidován
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•to discharge the debtor from obligations
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•to discharge the debtor from obligations
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•zbavit dlužníka závazků
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translate into Czech
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•to adjudicate someone bankrupt
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•to adjudicate someone bankrupt
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•soudně někoho vyhlásit úpadcem
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make verbs
•resolution
• – to resolve
•security
• – to secure
•provision
• – to provide

•petition
• – to petition
•contribution
• – to contribute
•supervision
• – to supervise
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