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1 rate of return on the capital employed
English-russian dctionary of contemporary Economics > rate of return on the capital employed
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2 rate of return on the capital employed
English-russian dctionary of diplomacy > rate of return on the capital employed
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3 rate of return
1) сокр. ROR фин. норма доходности, доходность, рентабельностьа) (выраженное в процентах отношение фактически полученного, ожидаемого или желаемого дохода от инвестиции к стоимости инвестиционного актива или затратам на реализацию инвестиционного проекта)See:realized rate of return, expected rate of return, required rate of return, accounting rate of return, simple rate of return, internal rate of return, average rate of return, nominal rate of return, real rate of return, rate of return on investment, rate of return regulation, before-tax rate of return, after-tax rate of return, actuarial rate of return, fair rate of return, rate of return approach, rate of return ceiling, risk-adjusted rate of return, social rate of returnб) (выраженное в процентах отношение валовой или чистой прибыли, полученной фирмой, к величине ее валового или акционерного капитала, либо среднегодовой стоимости основных средств и т. п.)See:2) фин. доходность*, уровень [ставка, норма\] доходности*, ставка дохода* (доход по ценной бумаге, выраженный в процентах к ее номиналу, цене покупке или текущей рыночной стоимости; речь может идти как о доходе в виде процентов или дивидендов, так и доходе от прироста капитала)See:dividend yield, current yield, total rate of return, effective annual yield, real rate of return, nominal rate of return3) демогр. доля возврата [возвращений\]* ( показатель численности возвращающихся из эмиграции)The rate of return of immigrants to western Mexico is high in the sample. — Доля возвращающихся в западную Мексику иммигрантов в данной выборке высока.
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ставка дохода по инвестициям: 1) корпоративные финансы: годовой доход от вложения капитала в реальный или финансовый актив в процентном выражении к стоимости этого актива; показатель эффективности капиталовложений; = return on equity (ROE); return on assets (ROA); return on invested capital; 2) эффективная годовая доходность депозита или депозитного сертификата с учетом нарастания процентов (в отличие от номинальной процентной ставки); = effective annual yield; 3) простые акции: доходность в расчете на одну акцию: чистый доход, поделенный на количество акций в обращении; = earnings per share; дивидендный доход: дивиденд, поделенный на цену покупки акции; = dividend yield; совокупный доход инвестора по простым акциям: дивиденд плюс прирост капитала; = total return; 4) ценные бумаги с фиксированным доходом (облигации и привилегированные акции): текущий доход, т. е. дивиденд или процент по купону, поделенные на покупную цену бумаги; = current yield; см. average life; 5) бюджет долгосрочных капиталовложений: см. internal rate of return; см. также fair rate of return;* * ** * *Норма прибыли; ставка доходности. Исчисляется как текущая стоимость минус стоимость в момент покупки, деленные на стоимость в момент покупки. В текущую стоимость акций часто включается размер дивидендов. См. также Return (доход), Annual rate of return (годовая норма прибыли) . Инвестиционная деятельность .* * *ежегодный доход от инвестиции, выраженный в виде процента от первоначальных вложений-----ежегодный доход от инвестиций, выраженный в виде процента от первоначальных вложений -
4 accounting rate of return
Finthe ratio of profit before interest and taxation to the percentage of capital employed at the end of a period. Variations include using profit after interest and taxation, equity capital employed, and average capital for the period.The ultimate business dictionary > accounting rate of return
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6 rate
1. n1) норма; размер2) ставка, тариф; такса; расценка3) курс (валюты, ценных бумаг); цена4) скорость, темп5) процент, доля; коэффициент6) разряд, сорт7) местный налог; коммунальный налог
- accident rate
- accident frequency rate
- accounting rate
- accumulated earnings tax rate
- accumulated profits tax rate
- actuarial rate
- administered rate
- ad valorem
- advertising rate
- advertisement rate
- agreed rate
- air freight rates
- all-commodity rate
- all-in rate
- amortization rate
- annual rate
- annual average growth rate
- annual interest rate
- annualized rate of growth
- annual percentage rate
- annual production rate
- anticipated rate of expenditures
- any-quantity rate
- applicable rate
- area rate
- average rate
- average rate of return
- average annual rate
- average growth rate
- average tax rate
- average weighted rate
- backwardation rate
- baggage rate
- bank rate
- bank discount rate
- bank's repurchase rate
- base rate
- base lending rate
- basic rate
- rate rate of charge
- basing rate
- basis rate
- benchmark rate
- benchmark overnight bank lending rate
- berth rate
- bill rate
- birth rate
- blanket rate
- blended rate
- bond rate
- bonus rates
- borrowing rate
- bridge rate
- broken cross rates
- broker loan rate
- bulk cargo rate
- burden rate
- buyer's rate
- buying rate
- cable rates
- call rate
- call loan rate
- call money rate
- capacity rate
- capital gain rate
- capitalization rate
- carload rate
- carrier rate
- carrying over rate
- cash rate
- ceiling rate
- central rate
- cheque rate
- check rate
- class rate
- clearing rate
- closing rate
- collection rate
- column rate
- combination rate
- combination freight rate
- combination through rate
- combined rate
- commercial bank lending rates
- commission rate
- commitment rate
- commodity rate
- common freight rate
- compensation rate
- compound growth rate
- composite rate
- concessionary interest rate
- conference rate
- consumption rate
- container rate
- contango rate
- conventional rate
- conventional rate of interest
- conversion rate
- cost rate
- coupon rate
- credit rates
- cross rate
- cross-over discount rate
- crude rate
- curb rate
- currency rate
- current rate
- current rate of exchange
- customs rate
- cutback rate
- daily rate
- daily wage rate
- day rate
- death rate
- deck cargo rate
- default rate
- demand rate
- demurrage rate
- departmental overhead rate
- deposit rate
- deposit interest rate
- depreciation rate
- discharging rates
- discount rate
- dispatch rate
- distress rate
- dividend rate
- double exchange rate
- downtime rate
- drawdown rate
- drawing rate
- dual rate
- duty rate
- earned rate
- earning rate
- economic expansion rate
- economic growth rate
- effective rate
- effective rate of return
- effective annual rate
- effective exchange rate
- effective tax rate
- employment rate
- enrollment rate
- equalizing discount rate
- equilibrium exchange rate
- equilibrium growth rate
- estimated rate
- euro-dollar exchange rate
- evaluated wage rate
- exchange rate
- exchange rate to the dollar
- existing rates
- exorbitant rate
- exorbitant interest rate
- expansion rate
- expenditure rate
- export rate
- express rate
- extraction rate
- face interest rate
- failure rate
- fair rate of exchange
- favourable rate
- final rate
- financial internal rate of return
- fine rate
- first rate
- fixed rate
- fixed rate of exchange
- fixed rate of royalty
- fixed interest rate
- flat rate
- flexible exchange rate
- floating rate
- floating exchange rate
- floating interest rate
- floating prime rate
- floor rate of exchange
- fluctuant rate
- fluctuating rate
- forced rate of exchange
- foreign rate
- foreign exchange rate
- forward rate
- forward exchange rate
- free rate
- free exchange rate
- freight rate
- future rate
- general rates
- general rate of profit
- general cargo rates
- going rate
- going market rate
- going wage rates
- goods rate
- graduated rate
- group rate
- growth rate
- guaranteed wage rate
- handling rate
- high rate
- high rate of exchange
- high rate of productivity
- higher rate
- hiring rate
- hotel rates
- hourly rate
- hourly wage rate
- hurdle rate
- illness frequency rate
- import rate
- incidence rate
- income tariff rates
- increment rate
- individual tax rate
- inflation rate
- info rate
- inland rate
- insurance rate
- insurance premium rate
- interbank rate
- interbank overnight rate
- interest rate
- interest rate on loan capital
- internal rate of return
- job rates
- jobless rate
- key rates
- labour rates
- leading rate
- legal rate of interest
- lending rate
- less-than-carload rate
- liner rates
- liner freight rates
- loading rates
- loan rate
- loan-recovery rate
- local rate
- Lombard rate
- London Interbank Offered Rate
- London money rate
- long rate
- low rate
- lower rate
- margin rate
- marginal rate
- marginal tax rate
- marine rate
- marine transport rate
- market rate
- market rate of interest
- maximum rate
- maximum individual tax rate
- mean rate of exchange
- mean annual rate
- measured day rate
- members rate
- merchant discount rate
- minimum rate
- mixed cargo rate
- minimum lending rate
- minimum tax rate
- mobilization rate
- moderate rate
- monetary exchange rate
- money rate of interest
- money market rate
- monthly rate
- monthly rate of remuneration
- mortgage rate
- mortgage interest rate
- multiple rate
- multiple exchange rate
- municipal rates
- national rate of interest
- natural rate of growth
- natural rate of interest
- negative interest rate
- net rate
- New York interbank offered rate
- nominal interest rate
- nonconference rate
- nonresponse rate
- obsolescence rate
- occupational mortality rate
- offered rate
- official rate
- official rate of discount
- official exchange rate
- one-time rate
- opening rate
- open-market rates
- operating rate
- operation rate
- option rate
- ordinary rate
- output rate
- outstripping growth rate
- overdraft rate
- overhead rate
- overnight rate
- overtime rate
- paper rate
- parallel rate
- parcel rate
- par exchange rate
- parity rate
- par price rate
- part-load rate
- passenger rate
- pay rates
- pegged rate
- pegged exchange rate
- penalty rate
- penalty interest rate
- percentage rate of tax
- per diem rates
- personal income tax rate
- piece rate
- piecework rate
- port rates
- postal rate
- posted rate
- power rate
- preferential rate
- preferential railroad rate
- preferential railway rate
- present rate
- prevailing rate
- prime rate
- priority rates
- private rate of discount
- private market rates
- production rate
- profit rate
- profitability rate
- profitable exchange rate
- progressive rate
- proportional rate
- provisional rate
- purchase rates
- purchasing rate of exchange
- quasi-market rate
- rail rates
- railroad rates
- railway rates
- real economic growth rate
- real effective exchange rate
- real exchange rate
- real interest rate
- reciprocal rate
- redemption rate
- rediscount rate
- reduced rate
- reduced tax rate
- reduced withholding tax rate
- reference rate
- refinancing rate
- reject frequency rate
- remuneration rate
- renewal rate
- rental rate
- repo rate
- response rate
- retention rate
- retirement rate of discount
- royalty rate
- ruling rate
- sampling rate
- saving rate
- scrap frequency rate
- seasonal rates
- second rate
- sellers' rate
- selling rate
- settlement rate
- shipping rate
- short rate
- short-term interest rate
- sight rate
- single consignment rate
- soft lending rate
- space rate
- special rate
- specified rate
- spot rate
- stable exchange rate
- standard rate
- standard fixed overhead rates
- standard variable overhead rates
- standard wage rate
- statutory tax rate
- steady exchange rate
- step-down interest rate
- stevedoring rates
- stock depletion rate
- straight-line rate
- subsidized rate
- survival rate
- swap rate
- tariff rate
- tax rate
- taxation rate
- tax withholding rate
- telegraphic transfer rate
- temporary rate
- third rate
- through rate
- through freight rate
- time rate
- time wage rate
- today's rate
- top rate
- total rate
- trading rate
- traffic rate
- tramp freight rate
- transit rate
- transportation rate
- treasury bill rate
- turnover rate
- two-tier rate of exchange
- unacceptable rate
- unemployment rate
- uniform rates
- uniform business rate
- unofficial rate
- unprecedented rate
- utilization rate
- variable rate
- variable interest rate
- variable repo rate
- volume rate
- wage rate
- wage rate per hour
- wastage rate
- wear rate
- wear-out rate
- wholesale rate
- worker's rate
- year-end exchange rate
- zero interest rate
- zone rate
- rate for advances against collateral
- rate for advances on securities
- rate for cable transfers
- rate for a cheque
- rates for credits
- rates for currency allocations
- rate for loans
- rate for loans on collateral
- rate for mail transfers
- rate for telegraphic transfers
- rate in the outside market
- rate of accumulation
- rates of allocation into the fund
- rate of allowance
- rate of assessment
- rate of balanced growth
- rates of cargo operations
- rate of change
- rate of charge
- rate of commission
- rate of compensation
- rate of competitiveness
- rate of conversion
- rate of corporate taxation
- rate of cover
- rate of currency
- rates of currency allocation
- rate of the day
- rate of demurrage
- rate of dependency
- rate of depletion
- rate of deposit turnover
- rate of depreciation
- rate of development
- rate of discharge
- rate of discharging
- rate of discount
- rate of dispatch
- rate of duty
- rate of exchange
- rate of expenditures
- rate of expenses
- rate of foreign exchange
- rate of freight
- rate of full value
- rate of growth
- rate of increase
- rate of increment
- rate of inflation
- rate of input
- rate of insurance
- rate of interest
- rate of interest on advance
- rate of interest on deposits
- rate of investment
- rate of issue
- rates of loading
- rates of loading and discharging
- rate of natural increase
- rates of natural loss
- rate of option
- rate of pay
- rate of premium
- rate of price inflation
- rates of a price-list
- rate of production
- rate of profit
- rate of profitability
- rate of reduction
- rate of remuneration
- rate of return
- rate of return on capital
- rate of return on the capital employed
- rate of return on net worth
- rate of royalty
- rate of securities
- rate of stevedoring operations
- rates of storage
- rate of subscription
- rate of surplus value
- rate of taxation
- rate of turnover
- rate of unloading
- rate of use
- rate of wages
- rate of work
- rates on credit
- rate on the day of payment
- rate on the exchange
- rate per hour
- rate per kilometre
- at the rate of
- at the exchange rate ruling at the transaction date
- at a growing rate
- at a high rate
- at a low rate
- at present rates
- below the rate
- accelerate the rate
- advance the rate of discount
- align tax rates
- apply tariff rates
- boost interest rates
- boost long-term interest rates
- boost short-term interest rates
- charge an interest rate
- cut rates
- cut interest rates by a quarter point
- determine a rate
- establish a rate
- fix a rate
- grant special rates
- increase rates
- maintain high interest rates
- levy rates
- liberalize interest rates
- liberalize lending rates
- lower the rate of return
- mark down the rate of discount
- mark up the rate of discount
- prescribe rates
- quote a rate
- raise a rate
- reduce a rate
- reduce turnover rates of staff
- revise rates
- set rates
- slash interest rates
- step up the rate of growth
- suspend a currency's fixed rate
- upvalue the current rate of banknotes
- slow down the rate2. v1) оценивать, определять стоимость, устанавливать цену
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7 return
1. гл.1)а) общ. возвращаться (куда-л. или к кому-л.)to return from a holiday [vacation\] — возвратиться из отпуска, с каникул
б) общ. возвращаться ( в прежнее состояние)в) общ. возвращаться, вновь обращаться (к прерванному делу, обсуждению и т. п.)His goal is to return to his work as a psychologist. — Его цель — вернуться к работе в качестве психолога.
2) общ. возвращать, отдавать (что-л. кому-л. или куда-л.)You may return the book within 30 days. — Вы можете вернуть книгу в течение 30 дней.
3)а) общ. возражать, отвечатьб) общ. давать ответ, докладывать; официально заявлятьThe jury of six men and six women took less than an hour to return guilty verdicts. — Вынесение вердикта о виновности заняло у коллегии присяжных в составе шести мужчин и шести женщин менее часа.
4) эк. приносить, давать (доход, урожай, процент и т. п.)Syn:yield 2. 1) а)5) пол., упр. избирать, выбирать2. сущ.I am so gratified that the voters returned me to the city council. — Я так счастлив, что избиратели выбрали меня в городской совет.
1) общ. возвращение ( о перемещении в пространстве)by return (of) mail, by return (of) post — (с) обратной почтой
See:2) общ. отдача, возмещение, возврат ( относительно действий одной стороны по отношению к действиям другой)in return — в ответ, в обмен, взамен; в свою очередь; в оплату
What is America getting in return for its foreign aid? — Что получает Америка в обмен на свою зарубежную помощь?
See:3)а) мн., торг. возвращенные товары (возвращенные покупателем продавцу либо розничным торговцем оптовому торговцу или производителю)Syn:See:б) мн., банк. возвращенные чеки, векселя (напр., чеки, возвращенные в отделение банка, где они первоначально были предъявлены к оплате в связи с неправильным оформлением, отсутствием акцепта и т. п.)Syn:See:4)а) общ. возражение, ответб) мн., марк. полученные ответы ( об откликах на прямую почтовую рекламу)See:5) эк. оборот6)а) эк. доход, прибыль, выручка, поступленияto yield a good [poor\] return — приносить хороший [плохой\] доход
See:б) фин. отдача, производительность, доходность, рентабельность (выраженное в процентах отношение дохода к величине капитала, связанного с получением данного дохода)See:returns to scale, return on assets, return on equity, return on investment, rate of return, risk-free return, yield7)а) общ. отчет (финансовый, статистический и т. п.)See:б) гос. фин. налоговая декларацияincome tax return — декларация о подоходном налоге, декларация по подоходному налогу
Syn:See:form 1040, amended return, combined return, consolidated tax return, income tax return, individual tax return, information return, inheritance tax return, joint tax return, return period, return transcript, separate tax return8)а) мн., общ. отчетные данные, сведенияcensus returns — данные [результаты\] переписи
б) мн., пол. результаты выборовSyn:See:
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1) возврат (напр., ранее проданного товара); 2) реализованный доход (прибыль) или убыток от вложения капитала или по ценным бумагам (обычно в форме годового процента); см. rate of return; 3) налоговая декларация; см. form 1040.* * *. Изменение стоимости портфеля за оцениваемый период, включая любое распределение прибыли из портфеля в течение этого периода . доход; доходность; отдача; окупаемость; прибыль; прибыль, прибыльность, отчетность Инвестиционная деятельность .* * *доходность, отдачадоход от инвестиций, часто выражаемый в процентах от осуществленных затрат-----Финансы/Кредит/Валюта1. доходФинансы/Кредит/Валюта2.оборот; итоги операции-----доходность, отдачадоход от инвестиций, часто выражаемый в процентах от осуществленных затрат -
8 return
1. n1) результат выборов; отчёт о подсчёте голосов3) pl сведения4) возврат, возвращение; возмещение; pl возвращённый товар; возвращённые чеки; возвращённые векселя5) прибыль; доход6) оборот•2. v1) избирать (в парламент и т.п.)2) возвращать, отдавать3) юр. призывать к участию в рассмотрении дел (о присяжных) -
9 норма возврата чистой прибыли на используемый капитал
Banks. Exchanges. Accounting. (Russian-English) > норма возврата чистой прибыли на используемый капитал
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10 near cash
!гос. фин. The resource budget contains a separate control total for “near cash” expenditure, that is expenditure such as pay and current grants which impacts directly on the measure of the golden rule.This paper provides background information on the framework for the planning and control of public expenditure in the UK which has been operated since the 1998 Comprehensive Spending Review (CSR). It sets out the different classifications of spending for budgeting purposes and why these distinctions have been adopted. It discusses how the public expenditure framework is designed to ensure both sound public finances and an outcome-focused approach to public expenditure.The UK's public spending framework is based on several key principles:"consistency with a long-term, prudent and transparent regime for managing the public finances as a whole;" "the judgement of success by policy outcomes rather than resource inputs;" "strong incentives for departments and their partners in service delivery to plan over several years and plan together where appropriate so as to deliver better public services with greater cost effectiveness; and"the proper costing and management of capital assets to provide the right incentives for public investment.The Government sets policy to meet two firm fiscal rules:"the Golden Rule states that over the economic cycle, the Government will borrow only to invest and not to fund current spending; and"the Sustainable Investment Rule states that net public debt as a proportion of GDP will be held over the economic cycle at a stable and prudent level. Other things being equal, net debt will be maintained below 40 per cent of GDP over the economic cycle.Achievement of the fiscal rules is assessed by reference to the national accounts, which are produced by the Office for National Statistics, acting as an independent agency. The Government sets its spending envelope to comply with these fiscal rules.Departmental Expenditure Limits ( DEL) and Annually Managed Expenditure (AME)"Departmental Expenditure Limit ( DEL) spending, which is planned and controlled on a three year basis in Spending Reviews; and"Annually Managed Expenditure ( AME), which is expenditure which cannot reasonably be subject to firm, multi-year limits in the same way as DEL. AME includes social security benefits, local authority self-financed expenditure, debt interest, and payments to EU institutions.More information about DEL and AME is set out below.In Spending Reviews, firm DEL plans are set for departments for three years. To ensure consistency with the Government's fiscal rules departments are set separate resource (current) and capital budgets. The resource budget contains a separate control total for “near cash” expenditure, that is expenditure such as pay and current grants which impacts directly on the measure of the golden rule.To encourage departments to plan over the medium term departments may carry forward unspent DEL provision from one year into the next and, subject to the normal tests for tautness and realism of plans, may be drawn down in future years. This end-year flexibility also removes any incentive for departments to use up their provision as the year end approaches with less regard to value for money. For the full benefits of this flexibility and of three year plans to feed through into improved public service delivery, end-year flexibility and three year budgets should be cascaded from departments to executive agencies and other budget holders.Three year budgets and end-year flexibility give those managing public services the stability to plan their operations on a sensible time scale. Further, the system means that departments cannot seek to bid up funds each year (before 1997, three year plans were set and reviewed in annual Public Expenditure Surveys). So the credibility of medium-term plans has been enhanced at both central and departmental level.Departments have certainty over the budgetary allocation over the medium term and these multi-year DEL plans are strictly enforced. Departments are expected to prioritise competing pressures and fund these within their overall annual limits, as set in Spending Reviews. So the DEL system provides a strong incentive to control costs and maximise value for money.There is a small centrally held DEL Reserve. Support from the Reserve is available only for genuinely unforeseeable contingencies which departments cannot be expected to manage within their DEL.AME typically consists of programmes which are large, volatile and demand-led, and which therefore cannot reasonably be subject to firm multi-year limits. The biggest single element is social security spending. Other items include tax credits, Local Authority Self Financed Expenditure, Scottish Executive spending financed by non-domestic rates, and spending financed from the proceeds of the National Lottery.AME is reviewed twice a year as part of the Budget and Pre-Budget Report process reflecting the close integration of the tax and benefit system, which was enhanced by the introduction of tax credits.AME is not subject to the same three year expenditure limits as DEL, but is still part of the overall envelope for public expenditure. Affordability is taken into account when policy decisions affecting AME are made. The Government has committed itself not to take policy measures which are likely to have the effect of increasing social security or other elements of AME without taking steps to ensure that the effects of those decisions can be accommodated prudently within the Government's fiscal rules.Given an overall envelope for public spending, forecasts of AME affect the level of resources available for DEL spending. Cautious estimates and the AME margin are built in to these AME forecasts and reduce the risk of overspending on AME.Together, DEL plus AME sum to Total Managed Expenditure (TME). TME is a measure drawn from national accounts. It represents the current and capital spending of the public sector. The public sector is made up of central government, local government and public corporations.Resource and Capital Budgets are set in terms of accruals information. Accruals information measures resources as they are consumed rather than when the cash is paid. So for example the Resource Budget includes a charge for depreciation, a measure of the consumption or wearing out of capital assets."Non cash charges in budgets do not impact directly on the fiscal framework. That may be because the national accounts use a different way of measuring the same thing, for example in the case of the depreciation of departmental assets. Or it may be that the national accounts measure something different: for example, resource budgets include a cost of capital charge reflecting the opportunity cost of holding capital; the national accounts include debt interest."Within the Resource Budget DEL, departments have separate controls on:"Near cash spending, the sub set of Resource Budgets which impacts directly on the Golden Rule; and"The amount of their Resource Budget DEL that departments may spend on running themselves (e.g. paying most civil servants’ salaries) is limited by Administration Budgets, which are set in Spending Reviews. Administration Budgets are used to ensure that as much money as practicable is available for front line services and programmes. These budgets also help to drive efficiency improvements in departments’ own activities. Administration Budgets exclude the costs of frontline services delivered directly by departments.The Budget preceding a Spending Review sets an overall envelope for public spending that is consistent with the fiscal rules for the period covered by the Spending Review. In the Spending Review, the Budget AME forecast for year one of the Spending Review period is updated, and AME forecasts are made for the later years of the Spending Review period.The 1998 Comprehensive Spending Review ( CSR), which was published in July 1998, was a comprehensive review of departmental aims and objectives alongside a zero-based analysis of each spending programme to determine the best way of delivering the Government's objectives. The 1998 CSR allocated substantial additional resources to the Government's key priorities, particularly education and health, for the three year period from 1999-2000 to 2001-02.Delivering better public services does not just depend on how much money the Government spends, but also on how well it spends it. Therefore the 1998 CSR introduced Public Service Agreements (PSAs). Each major government department was given its own PSA setting out clear targets for achievements in terms of public service improvements.The 1998 CSR also introduced the DEL/ AME framework for the control of public spending, and made other framework changes. Building on the investment and reforms delivered by the 1998 CSR, successive spending reviews in 2000, 2002 and 2004 have:"provided significant increase in resources for the Government’s priorities, in particular health and education, and cross-cutting themes such as raising productivity; extending opportunity; and building strong and secure communities;" "enabled the Government significantly to increase investment in public assets and address the legacy of under investment from past decades. Departmental Investment Strategies were introduced in SR2000. As a result there has been a steady increase in public sector net investment from less than ¾ of a per cent of GDP in 1997-98 to 2¼ per cent of GDP in 2005-06, providing better infrastructure across public services;" "introduced further refinements to the performance management framework. PSA targets have been reduced in number over successive spending reviews from around 300 to 110 to give greater focus to the Government’s highest priorities. The targets have become increasingly outcome-focused to deliver further improvements in key areas of public service delivery across Government. They have also been refined in line with the conclusions of the Devolving Decision Making Review to provide a framework which encourages greater devolution and local flexibility. Technical Notes were introduced in SR2000 explaining how performance against each PSA target will be measured; and"not only allocated near cash spending to departments, but also – since SR2002 - set Resource DEL plans for non cash spending.To identify what further investments and reforms are needed to equip the UK for the global challenges of the decade ahead, on 19 July 2005 the Chief Secretary to the Treasury announced that the Government intends to launch a second Comprehensive Spending Review (CSR) reporting in 2007.A decade on from the first CSR, the 2007 CSR will represent a long-term and fundamental review of government expenditure. It will cover departmental allocations for 2008-09, 2009-10 and 2010 11. Allocations for 2007-08 will be held to the agreed figures already announced by the 2004 Spending Review. To provide a rigorous analytical framework for these departmental allocations, the Government will be taking forward a programme of preparatory work over 2006 involving:"an assessment of what the sustained increases in spending and reforms to public service delivery have achieved since the first CSR. The assessment will inform the setting of new objectives for the decade ahead;" "an examination of the key long-term trends and challenges that will shape the next decade – including demographic and socio-economic change, globalisation, climate and environmental change, global insecurity and technological change – together with an assessment of how public services will need to respond;" "to release the resources needed to address these challenges, and to continue to secure maximum value for money from public spending over the CSR period, a set of zero-based reviews of departments’ baseline expenditure to assess its effectiveness in delivering the Government’s long-term objectives; together with"further development of the efficiency programme, building on the cross cutting areas identified in the Gershon Review, to embed and extend ongoing efficiency savings into departmental expenditure planning.The 2007 CSR also offers the opportunity to continue to refine the PSA framework so that it drives effective delivery and the attainment of ambitious national standards.Public Service Agreements (PSAs) were introduced in the 1998 CSR. They set out agreed targets detailing the outputs and outcomes departments are expected to deliver with the resources allocated to them. The new spending regime places a strong emphasis on outcome targets, for example in providing for better health and higher educational standards or service standards. The introduction in SR2004 of PSA ‘standards’ will ensure that high standards in priority areas are maintained.The Government monitors progress against PSA targets, and departments report in detail twice a year in their annual Departmental Reports (published in spring) and in their autumn performance reports. These reports provide Parliament and the public with regular updates on departments’ performance against their targets.Technical Notes explain how performance against each PSA target will be measured.To make the most of both new investment and existing assets, there needs to be a coherent long term strategy against which investment decisions are taken. Departmental Investment Strategies (DIS) set out each department's plans to deliver the scale and quality of capital stock needed to underpin its objectives. The DIS includes information about the department's existing capital stock and future plans for that stock, as well as plans for new investment. It also sets out the systems that the department has in place to ensure that it delivers its capital programmes effectively.This document was updated on 19 December 2005.Near-cash resource expenditure that has a related cash implication, even though the timing of the cash payment may be slightly different. For example, expenditure on gas or electricity supply is incurred as the fuel is used, though the cash payment might be made in arrears on aquarterly basis. Other examples of near-cash expenditure are: pay, rental.Net cash requirement the upper limit agreed by Parliament on the cash which a department may draw from theConsolidated Fund to finance the expenditure within the ambit of its Request forResources. It is equal to the agreed amount of net resources and net capital less non-cashitems and working capital.Non-cash cost costs where there is no cash transaction but which are included in a body’s accounts (or taken into account in charging for a service) to establish the true cost of all the resourcesused.Non-departmental a body which has a role in the processes of government, but is not a government public body, NDPBdepartment or part of one. NDPBs accordingly operate at arm’s length from governmentMinisters.Notional cost of a cost which is taken into account in setting fees and charges to improve comparability with insuranceprivate sector service providers.The charge takes account of the fact that public bodies donot generally pay an insurance premium to a commercial insurer.the independent body responsible for collecting and publishing official statistics about theUK’s society and economy. (At the time of going to print legislation was progressing tochange this body to the Statistics Board).Office of Government an office of the Treasury, with a status similar to that of an agency, which aims to maximise Commerce, OGCthe government’s purchasing power for routine items and combine professional expertiseto bear on capital projects.Office of the the government department responsible for discharging the Paymaster General’s statutoryPaymaster General,responsibilities to hold accounts and make payments for government departments and OPGother public bodies.Orange bookthe informal title for Management of Risks: Principles and Concepts, which is published by theTreasury for the guidance of public sector bodies.Office for NationalStatistics, ONS60Managing Public Money————————————————————————————————————————"GLOSSARYOverdraftan account with a negative balance.Parliament’s formal agreement to authorise an activity or expenditure.Prerogative powerspowers exercisable under the Royal Prerogative, ie powers which are unique to the Crown,as contrasted with common-law powers which may be available to the Crown on the samebasis as to natural persons.Primary legislationActs which have been passed by the Westminster Parliament and, where they haveappropriate powers, the Scottish Parliament and the Northern Ireland Assembly. Begin asBills until they have received Royal Assent.arrangements under which a public sector organisation contracts with a private sectorentity to construct a facility and provide associated services of a specified quality over asustained period. See annex 7.5.Proprietythe principle that patterns of resource consumption should respect Parliament’s intentions,conventions and control procedures, including any laid down by the PAC. See box 2.4.Public Accountssee Committee of Public Accounts.CommitteePublic corporationa trading body controlled by central government, local authority or other publiccorporation that has substantial day to day operating independence. See section 7.8.Public Dividend finance provided by government to public sector bodies as an equity stake; an alternative to Capital, PDCloan finance.Public Service sets out what the public can expect the government to deliver with its resources. EveryAgreement, PSAlarge government department has PSA(s) which specify deliverables as targets or aimsrelated to objectives.a structured arrangement between a public sector and a private sector organisation tosecure an outcome delivering good value for money for the public sector. It is classified tothe public or private sector according to which has more control.Rate of returnthe financial remuneration delivered by a particular project or enterprise, expressed as apercentage of the net assets employed.Regularitythe principle that resource consumption should accord with the relevant legislation, therelevant delegated authority and this document. See box 2.4.Request for the functional level into which departmental Estimates may be split. RfRs contain a number Resources, RfRof functions being carried out by the department in pursuit of one or more of thatdepartment’s objectives.Resource accountan accruals account produced in line with the Financial Reporting Manual (FReM).Resource accountingthe system under which budgets, Estimates and accounts are constructed in a similar wayto commercial audited accounts, so that both plans and records of expenditure allow in fullfor the goods and services which are to be, or have been, consumed – ie not just the cashexpended.Resource budgetthe means by which the government plans and controls the expenditure of resources tomeet its objectives.Restitutiona legal concept which allows money and property to be returned to its rightful owner. Ittypically operates where another person can be said to have been unjustly enriched byreceiving such monies.Return on capital the ratio of profit to capital employed of an accounting entity during an identified period.employed, ROCEVarious measures of profit and of capital employed may be used in calculating the ratio.Public Privatepartnership, PPPPrivate Finance Initiative, PFIParliamentaryauthority61Managing Public Money"————————————————————————————————————————GLOSSARYRoyal charterthe document setting out the powers and constitution of a corporation established underprerogative power of the monarch acting on Privy Council advice.Second readingthe second formal time that a House of Parliament may debate a bill, although in practicethe first substantive debate on its content. If successful, it is deemed to denoteParliamentary approval of the principle of the proposed legislation.Secondary legislationlaws, including orders and regulations, which are made using powers in primary legislation.Normally used to set out technical and administrative provision in greater detail thanprimary legislation, they are subject to a less intense level of scrutiny in Parliament.European legislation is,however,often implemented in secondary legislation using powers inthe European Communities Act 1972.Service-level agreement between parties, setting out in detail the level of service to be performed.agreementWhere agreements are between central government bodies, they are not legally a contractbut have a similar function.Shareholder Executive a body created to improve the government’s performance as a shareholder in businesses.Spending reviewsets out the key improvements in public services that the public can expect over a givenperiod. It includes a thorough review of departmental aims and objectives to find the bestway of delivering the government’s objectives, and sets out the spending plans for the givenperiod.State aidstate support for a domestic body or company which could distort EU competition and sois not usually allowed. See annex 4.9.Statement of Excessa formal statement detailing departments’ overspends prepared by the Comptroller andAuditor General as a result of undertaking annual audits.Statement on Internal an annual statement that Accounting Officers are required to make as part of the accounts Control, SICon a range of risk and control issues.Subheadindividual elements of departmental expenditure identifiable in Estimates as single cells, forexample cell A1 being administration costs within a particular line of departmental spending.Supplyresources voted by Parliament in response to Estimates, for expenditure by governmentdepartments.Supply Estimatesa statement of the resources the government needs in the coming financial year, and forwhat purpose(s), by which Parliamentary authority is sought for the planned level ofexpenditure and income.Target rate of returnthe rate of return required of a project or enterprise over a given period, usually at least a year.Third sectorprivate sector bodies which do not act commercially,including charities,social and voluntaryorganisations and other not-for-profit collectives. See annex 7.7.Total Managed a Treasury budgeting term which covers all current and capital spending carried out by the Expenditure,TMEpublic sector (ie not just by central departments).Trading fundan organisation (either within a government department or forming one) which is largely orwholly financed from commercial revenue generated by its activities. Its Estimate shows itsnet impact, allowing its income from receipts to be devoted entirely to its business.Treasury Minutea formal administrative document drawn up by the Treasury, which may serve a wide varietyof purposes including seeking Parliamentary approval for the use of receipts asappropriations in aid, a remission of some or all of the principal of voted loans, andresponding on behalf of the government to reports by the Public Accounts Committee(PAC).62Managing Public Money————————————————————————————————————————GLOSSARY63Managing Public MoneyValue for moneythe process under which organisation’s procurement, projects and processes aresystematically evaluated and assessed to provide confidence about suitability, effectiveness,prudence,quality,value and avoidance of error and other waste,judged for the public sectoras a whole.Virementthe process through which funds are moved between subheads such that additionalexpenditure on one is met by savings on one or more others.Votethe process by which Parliament approves funds in response to supply Estimates.Voted expenditureprovision for expenditure that has been authorised by Parliament. Parliament ‘votes’authority for public expenditure through the Supply Estimates process. Most expenditureby central government departments is authorised in this way.Wider market activity activities undertaken by central government organisations outside their statutory duties,using spare capacity and aimed at generating a commercial profit. See annex 7.6.Windfallmonies received by a department which were not anticipated in the spending review.———————————————————————————————————————— -
11 Nettoeinkünfte
Nettoeinkünfte
net earnings;
• Nettoeinkünfte aus dem Ausland net income from abroad;
• während der Darlehnszeit erwartete Nettoeinnahmen prospected net profit expected to be earned over the period of the advance;
• Nettoergebnis net result (US);
• Nettoerhöhung net increase;
• Nettoerlös net yield (proceeds [of a sale], avails, US);
• Nettoersparnis net savings;
• Nettoertrag net proceeds (return, earnings, yield), (Grundstück) net rental;
• zur Ausschüttung zur Verfügung stehender (ausschüttungsfähiger) Nettoertrag net profit available for appropriation;
• Nettoerträge net earnings;
• Nettoerträge nach Steuern net income after taxes;
• Nettoertragswertberechnung net earnings rule;
• Nettoexport net exports;
• verkaufsfähige Nettoförderung net merchantable production;
• Nettofracht clear freight, (Seeschifffahrt) net freight;
• Nettogehalt nominal salary, take-home pay, pay after stoppage (Br.);
• Netto gewicht net (neat) weight;
• Nettogewinn clear gain, net profits (gain, earnings);
• erzielter Nettogewinn net realized gain;
• Nettogewinnspanne net margin;
• Nettogrenzprodukt marginal net product;
• private Nettoinlandsinvestitionen net private domestic investment;
• Nettoinventarwert von Investmentanteilen net asset value of shares;
• nach dem Nettoinventarwert ansetzen (veranschlagen) to value on a net asset basis;
• Nettoinvestition net investment;
• Nettoinvestitionsausgaben net investment spending;
• Nettojahreswert clear annual value;
• Nettokapitalexport net capital export;
• Nettokapitalgewinn, Nettokapitalwert net capital gain;
• Nettokapitalimport net capital import;
• Nettokasse im Voraus net cash in advance;
• Nettokosten net cost;
• Nettokreditaufnahme net borrowings;
• Nettokreditsaldo net credit balance;
• Nettokurs net price;
• Nettoleistung net flow;
• Nettoliquidität net liquidity;
• Nettolohn take-home pay (packet, income, wages), nominal wage;
• Nettomiete, Nettopacht net rental;
• Nettoprämie net (pure) premium;
• Nettopreis net price, (Selbstkosten) net cost, (Zoll) short price (US);
• Nettoprodukt net product;
• Nettoproduktion net production;
• Nettoproduktionswert net output;
• Nettoproduktionsziffer net production rate;
• Nettoprovision net commission;
• Nettoraumgehalt net tonnage;
• Nettorechnungswert net invoice price;
• Nettoregistertonne net register ton;
• Nettoregistertonnengehalt net tonnage;
• Nettoreichweite (Anzeige) net unduplicated audience;
• 5%ige Nettorendite auf das Anlagevermögen 5% return on net assets employed;
• Nettorenditesatz net real rate of return;
• Nettorente net revenue (income), (Mietvertrag) net rental (Br.);
• Nettosaldo net balance;
• Nettosatz (Darlehn) face rate;
• Nettosozialprodukt social net product, net national income (product);
• Nettosozialprodukt zu Faktorpreisen (Doktrin) net domestic product;
• Nettosteueraufkommen net tax receipts;
• Nettosteuerschuld net tax liability;
• Nettotara net tare;
• Nettotonnage net tonnage;
• reiner Nettoüberschuss net income (surplus);
• Nettoüberschussposition (Währungspolitik) net creditor [limit] position;
• Nettoumsatz net sales;
• Nettoverbindlichkeiten net debts;
• Nettoverbindlichkeiten nach Abzug der liquiden Aktiva net liabilities;
• Nettoverdienst net earnings;
• Nettovergütung net renumeration;
• beglaubigter Nettoverkauf (Zeitung) certified net sale;
• Nettoverkaufserlös net profit on sales;
• Nettoverlust net (clear, dead) loss;
• Nettovermögen average net assets, (Eigenkapital) proprietary interest, net worth (US);
• Nettovermögen eines Unternehmens surplus of a corporation;
• Nettoverschuldung net indebtedness;
• Nettoverzinsung net value, net interest return, proprietary interest;
• Nettovolkseinkommen net national income;
• Nettowert net worth (value), (Unternehmen) book value;
• Nettowertschöpfung net value added;
• Nettozinsen net (pure, true) interest;
• Nettozinsfluss, Nettozinssatz net rate of interest, pure interest;
• Nettozoll long duty;
• Nettozugang an liquiden Mitteln cash-flow;
• Nettozuwachs net gain. -
12 Verzinsung
Verzinsung f 1. BANK payment of interest; 2. BÖRSE, GEN return* * *f 1. < Bank> payment of interest; 2. <Börse, Geschäft> return* * *Verzinsung
(Ertrag) interest, yield, return, (Zinssatz) rate of interest, interest rate, (Zinszahlung) payment of (paying) interest;
• durchschnittliche Verzinsung average yield;
• effektive Verzinsung effective rate of interest, net return (yield);
• feste Verzinsung fixed interest;
• gesetzliche Verzinsung legal rate of interest;
• über handelsübliche Sätze hinausgehende Verzinsung interest in excess of a reasonable commercial rates;
• laufende Verzinsung flat (running, Br.) yield;
• marktkonforme Verzinsung interest in conformity with the market;
• reale Verzinsung real interest rate;
• sinkende Verzinsung diminishing yield;
• variable Verzinsung variable yield;
• Verzinsung der Anschaffungskosten interest on capital account (outlay);
• Verzinsung des Eigenkapitals return on net worth (US);
• Verzinsung des eingesetzten Kapitals return on capital employed (investment);
• Verzinsung der Nationalschuld national debt interest;
• 12%ige Verzinsung des Nettovermögens 12% return on net assets;
• Verzinsung der laufenden Schulden interest on current debts;
• Verzinsung von Spareinlagen interest paid for savings deposits;
• achtprozentige Verzinsung abwerfen to give 8 per cent;
• zur Verzinsung ausleihen to put out at interest;
• geringe Verzinsung erzielen to yield little. -
13 прибыль прибыл·ь
эк.давать / приносить прибыль — to yield a profit
извлекать прибыль — to derive a profit (from), to make one's profit (of)
получать прибыль — to get / to make / to receive / to secure a profit (out of), to profit (by / from)
приносить прибыль — to bring in / to produce / to yield a profit
распределять прибыли — to allot / to distribute profits
валовая прибыль — gross profit(s) / margin / returns
наивысшая прибыль — top gain, maximum profit
неожиданная / непредвиденная прибыль (в результате повышения стоимости товарных запасов и т.п.) — windfall (profit)
нераспределённая прибыль — net surplus, retention
торговая прибыль — trade / trading / commercial profit
хорошая прибыль — good / fair return
чистая прибыль — net / pure / clear profit / income / gain, after-tax profit
норма прибыли — profit ratio / margin, rate of profit
понижение коэффициента / нормы прибыли — fall of rate of profit
средняя норма прибыли — average rate of profit / production
прибыль до уплаты налога — before-tax profit, profit before tax
прибыль на инвестированный капитал — return on capital employed / on investment
уменьшение прибыли — a drop in profit, profit squeeze
участие в прибылях — share in the profit, profit sharing
-
14 Historical Portugal
Before Romans described western Iberia or Hispania as "Lusitania," ancient Iberians inhabited the land. Phoenician and Greek trading settlements grew up in the Tagus estuary area and nearby coasts. Beginning around 202 BCE, Romans invaded what is today southern Portugal. With Rome's defeat of Carthage, Romans proceeded to conquer and rule the western region north of the Tagus, which they named Roman "Lusitania." In the fourth century CE, as Rome's rule weakened, the area experienced yet another invasion—Germanic tribes, principally the Suevi, who eventually were Christianized. During the sixth century CE, the Suevi kingdom was superseded by yet another Germanic tribe—the Christian Visigoths.A major turning point in Portugal's history came in 711, as Muslim armies from North Africa, consisting of both Arab and Berber elements, invaded the Iberian Peninsula from across the Straits of Gibraltar. They entered what is now Portugal in 714, and proceeded to conquer most of the country except for the far north. For the next half a millennium, Islam and Muslim presence in Portugal left a significant mark upon the politics, government, language, and culture of the country.Islam, Reconquest, and Portugal Created, 714-1140The long frontier struggle between Muslim invaders and Christian communities in the north of the Iberian peninsula was called the Reconquista (Reconquest). It was during this struggle that the first dynasty of Portuguese kings (Burgundian) emerged and the independent monarchy of Portugal was established. Christian forces moved south from what is now the extreme north of Portugal and gradually defeated Muslim forces, besieging and capturing towns under Muslim sway. In the ninth century, as Christian forces slowly made their way southward, Christian elements were dominant only in the area between Minho province and the Douro River; this region became known as "territorium Portu-calense."In the 11th century, the advance of the Reconquest quickened as local Christian armies were reinforced by crusading knights from what is now France and England. Christian forces took Montemor (1034), at the Mondego River; Lamego (1058); Viseu (1058); and Coimbra (1064). In 1095, the king of Castile and Léon granted the country of "Portu-cale," what became northern Portugal, to a Burgundian count who had emigrated from France. This was the foundation of Portugal. In 1139, a descendant of this count, Afonso Henriques, proclaimed himself "King of Portugal." He was Portugal's first monarch, the "Founder," and the first of the Burgundian dynasty, which ruled until 1385.The emergence of Portugal in the 12th century as a separate monarchy in Iberia occurred before the Christian Reconquest of the peninsula. In the 1140s, the pope in Rome recognized Afonso Henriques as king of Portugal. In 1147, after a long, bloody siege, Muslim-occupied Lisbon fell to Afonso Henriques's army. Lisbon was the greatest prize of the 500-year war. Assisting this effort were English crusaders on their way to the Holy Land; the first bishop of Lisbon was an Englishman. When the Portuguese captured Faro and Silves in the Algarve province in 1248-50, the Reconquest of the extreme western portion of the Iberian peninsula was complete—significantly, more than two centuries before the Spanish crown completed the Reconquest of the eastern portion by capturing Granada in 1492.Consolidation and Independence of Burgundian Portugal, 1140-1385Two main themes of Portugal's early existence as a monarchy are the consolidation of control over the realm and the defeat of a Castil-ian threat from the east to its independence. At the end of this period came the birth of a new royal dynasty (Aviz), which prepared to carry the Christian Reconquest beyond continental Portugal across the straits of Gibraltar to North Africa. There was a variety of motives behind these developments. Portugal's independent existence was imperiled by threats from neighboring Iberian kingdoms to the north and east. Politics were dominated not only by efforts against the Muslims inPortugal (until 1250) and in nearby southern Spain (until 1492), but also by internecine warfare among the kingdoms of Castile, Léon, Aragon, and Portugal. A final comeback of Muslim forces was defeated at the battle of Salado (1340) by allied Castilian and Portuguese forces. In the emerging Kingdom of Portugal, the monarch gradually gained power over and neutralized the nobility and the Church.The historic and commonplace Portuguese saying "From Spain, neither a good wind nor a good marriage" was literally played out in diplomacy and war in the late 14th-century struggles for mastery in the peninsula. Larger, more populous Castile was pitted against smaller Portugal. Castile's Juan I intended to force a union between Castile and Portugal during this era of confusion and conflict. In late 1383, Portugal's King Fernando, the last king of the Burgundian dynasty, suddenly died prematurely at age 38, and the Master of Aviz, Portugal's most powerful nobleman, took up the cause of independence and resistance against Castile's invasion. The Master of Aviz, who became King João I of Portugal, was able to obtain foreign assistance. With the aid of English archers, Joao's armies defeated the Castilians in the crucial battle of Aljubarrota, on 14 August 1385, a victory that assured the independence of the Portuguese monarchy from its Castilian nemesis for several centuries.Aviz Dynasty and Portugal's First Overseas Empire, 1385-1580The results of the victory at Aljubarrota, much celebrated in Portugal's art and monuments, and the rise of the Aviz dynasty also helped to establish a new merchant class in Lisbon and Oporto, Portugal's second city. This group supported King João I's program of carrying the Reconquest to North Africa, since it was interested in expanding Portugal's foreign commerce and tapping into Muslim trade routes and resources in Africa. With the Reconquest against the Muslims completed in Portugal and the threat from Castile thwarted for the moment, the Aviz dynasty launched an era of overseas conquest, exploration, and trade. These efforts dominated Portugal's 15th and 16th centuries.The overseas empire and age of Discoveries began with Portugal's bold conquest in 1415 of the Moroccan city of Ceuta. One royal member of the 1415 expedition was young, 21-year-old Prince Henry, later known in history as "Prince Henry the Navigator." His part in the capture of Ceuta won Henry his knighthood and began Portugal's "Marvelous Century," during which the small kingdom was counted as a European and world power of consequence. Henry was the son of King João I and his English queen, Philippa of Lancaster, but he did not inherit the throne. Instead, he spent most of his life and his fortune, and that of the wealthy military Order of Christ, on various imperial ventures and on voyages of exploration down the African coast and into the Atlantic. While mythology has surrounded Henry's controversial role in the Discoveries, and this role has been exaggerated, there is no doubt that he played a vital part in the initiation of Portugal's first overseas empire and in encouraging exploration. He was naturally curious, had a sense of mission for Portugal, and was a strong leader. He also had wealth to expend; at least a third of the African voyages of the time were under his sponsorship. If Prince Henry himself knew little science, significant scientific advances in navigation were made in his day.What were Portugal's motives for this new imperial effort? The well-worn historical cliche of "God, Glory, and Gold" can only partly explain the motivation of a small kingdom with few natural resources and barely 1 million people, which was greatly outnumbered by the other powers it confronted. Among Portuguese objectives were the desire to exploit known North African trade routes and resources (gold, wheat, leather, weaponry, and other goods that were scarce in Iberia); the need to outflank the Muslim world in the Mediterranean by sailing around Africa, attacking Muslims en route; and the wish to ally with Christian kingdoms beyond Africa. This enterprise also involved a strategy of breaking the Venetian spice monopoly by trading directly with the East by means of discovering and exploiting a sea route around Africa to Asia. Besides the commercial motives, Portugal nurtured a strong crusading sense of Christian mission, and various classes in the kingdom saw an opportunity for fame and gain.By the time of Prince Henry's death in 1460, Portugal had gained control of the Atlantic archipelagos of the Azores and Madeiras, begun to colonize the Cape Verde Islands, failed to conquer the Canary Islands from Castile, captured various cities on Morocco's coast, and explored as far as Senegal, West Africa, down the African coast. By 1488, Bar-tolomeu Dias had rounded the Cape of Good Hope in South Africa and thereby discovered the way to the Indian Ocean.Portugal's largely coastal African empire and later its fragile Asian empire brought unexpected wealth but were purchased at a high price. Costs included wars of conquest and defense against rival powers, manning the far-flung navel and trade fleets and scattered castle-fortresses, and staffing its small but fierce armies, all of which entailed a loss of skills and population to maintain a scattered empire. Always short of capital, the monarchy became indebted to bankers. There were many defeats beginning in the 16th century at the hands of the larger imperial European monarchies (Spain, France, England, and Holland) and many attacks on Portugal and its strung-out empire. Typically, there was also the conflict that arose when a tenuously held world empire that rarely if ever paid its way demanded finance and manpower Portugal itself lacked.The first 80 years of the glorious imperial era, the golden age of Portugal's imperial power and world influence, was an African phase. During 1415-88, Portuguese navigators and explorers in small ships, some of them caravelas (caravels), explored the treacherous, disease-ridden coasts of Africa from Morocco to South Africa beyond the Cape of Good Hope. By the 1470s, the Portuguese had reached the Gulf of Guinea and, in the early 1480s, what is now Angola. Bartolomeu Dias's extraordinary voyage of 1487-88 to South Africa's coast and the edge of the Indian Ocean convinced Portugal that the best route to Asia's spices and Christians lay south, around the tip of southern Africa. Between 1488 and 1495, there was a hiatus caused in part by domestic conflict in Portugal, discussion of resources available for further conquests beyond Africa in Asia, and serious questions as to Portugal's capacity to reach beyond Africa. In 1495, King Manuel and his council decided to strike for Asia, whatever the consequences. In 1497-99, Vasco da Gama, under royal orders, made the epic two-year voyage that discovered the sea route to western India (Asia), outflanked Islam and Venice, and began Portugal's Asian empire. Within 50 years, Portugal had discovered and begun the exploitation of its largest colony, Brazil, and set up forts and trading posts from the Middle East (Aden and Ormuz), India (Calicut, Goa, etc.), Malacca, and Indonesia to Macau in China.By the 1550s, parts of its largely coastal, maritime trading post empire from Morocco to the Moluccas were under siege from various hostile forces, including Muslims, Christians, and Hindi. Although Moroccan forces expelled the Portuguese from the major coastal cities by 1550, the rival European monarchies of Castile (Spain), England, France, and later Holland began to seize portions of her undermanned, outgunned maritime empire.In 1580, Phillip II of Spain, whose mother was a Portuguese princess and who had a strong claim to the Portuguese throne, invaded Portugal, claimed the throne, and assumed control over the realm and, by extension, its African, Asian, and American empires. Phillip II filled the power vacuum that appeared in Portugal following the loss of most of Portugal's army and its young, headstrong King Sebastião in a disastrous war in Morocco. Sebastiao's death in battle (1578) and the lack of a natural heir to succeed him, as well as the weak leadership of the cardinal who briefly assumed control in Lisbon, led to a crisis that Spain's strong monarch exploited. As a result, Portugal lost its independence to Spain for a period of 60 years.Portugal under Spanish Rule, 1580-1640Despite the disastrous nature of Portugal's experience under Spanish rule, "The Babylonian Captivity" gave birth to modern Portuguese nationalism, its second overseas empire, and its modern alliance system with England. Although Spain allowed Portugal's weakened empire some autonomy, Spanish rule in Portugal became increasingly burdensome and unacceptable. Spain's ambitious imperial efforts in Europe and overseas had an impact on the Portuguese as Spain made greater and greater demands on its smaller neighbor for manpower and money. Portugal's culture underwent a controversial Castilianization, while its empire became hostage to Spain's fortunes. New rival powers England, France, and Holland attacked and took parts of Spain's empire and at the same time attacked Portugal's empire, as well as the mother country.Portugal's empire bore the consequences of being attacked by Spain's bitter enemies in what was a form of world war. Portuguese losses were heavy. By 1640, Portugal had lost most of its Moroccan cities as well as Ceylon, the Moluccas, and sections of India. With this, Portugal's Asian empire was gravely weakened. Only Goa, Damão, Diu, Bombay, Timor, and Macau remained and, in Brazil, Dutch forces occupied the northeast.On 1 December 1640, long commemorated as a national holiday, Portuguese rebels led by the duke of Braganza overthrew Spanish domination and took advantage of Spanish weakness following a more serious rebellion in Catalonia. Portugal regained independence from Spain, but at a price: dependence on foreign assistance to maintain its independence in the form of the renewal of the alliance with England.Restoration and Second Empire, 1640-1822Foreign affairs and empire dominated the restoration era and aftermath, and Portugal again briefly enjoyed greater European power and prestige. The Anglo-Portuguese Alliance was renewed and strengthened in treaties of 1642, 1654, and 1661, and Portugal's independence from Spain was underwritten by English pledges and armed assistance. In a Luso-Spanish treaty of 1668, Spain recognized Portugal's independence. Portugal's alliance with England was a marriage of convenience and necessity between two monarchies with important religious, cultural, and social differences. In return for legal, diplomatic, and trade privileges, as well as the use during war and peace of Portugal's great Lisbon harbor and colonial ports for England's navy, England pledged to protect Portugal and its scattered empire from any attack. The previously cited 17th-century alliance treaties were renewed later in the Treaty of Windsor, signed in London in 1899. On at least 10 different occasions after 1640, and during the next two centuries, England was central in helping prevent or repel foreign invasions of its ally, Portugal.Portugal's second empire (1640-1822) was largely Brazil-oriented. Portuguese colonization, exploitation of wealth, and emigration focused on Portuguese America, and imperial revenues came chiefly from Brazil. Between 1670 and 1740, Portugal's royalty and nobility grew wealthier on funds derived from Brazilian gold, diamonds, sugar, tobacco, and other crops, an enterprise supported by the Atlantic slave trade and the supply of African slave labor from West Africa and Angola. Visitors today can see where much of that wealth was invested: Portugal's rich legacy of monumental architecture. Meanwhile, the African slave trade took a toll in Angola and West Africa.In continental Portugal, absolutist monarchy dominated politics and government, and there was a struggle for position and power between the monarchy and other institutions, such as the Church and nobility. King José I's chief minister, usually known in history as the marquis of Pombal (ruled 1750-77), sharply suppressed the nobility and theChurch (including the Inquisition, now a weak institution) and expelled the Jesuits. Pombal also made an effort to reduce economic dependence on England, Portugal's oldest ally. But his successes did not last much beyond his disputed time in office.Beginning in the late 18th century, the European-wide impact of the French Revolution and the rise of Napoleon placed Portugal in a vulnerable position. With the monarchy ineffectively led by an insane queen (Maria I) and her indecisive regent son (João VI), Portugal again became the focus of foreign ambition and aggression. With England unable to provide decisive assistance in time, France—with Spain's consent—invaded Portugal in 1807. As Napoleon's army under General Junot entered Lisbon meeting no resistance, Portugal's royal family fled on a British fleet to Brazil, where it remained in exile until 1821. In the meantime, Portugal's overseas empire was again under threat. There was a power vacuum as the monarch was absent, foreign armies were present, and new political notions of liberalism and constitutional monarchy were exciting various groups of citizens.Again England came to the rescue, this time in the form of the armies of the duke of Wellington. Three successive French invasions of Portugal were defeated and expelled, and Wellington succeeded in carrying the war against Napoleon across the Portuguese frontier into Spain. The presence of the English army, the new French-born liberal ideas, and the political vacuum combined to create revolutionary conditions. The French invasions and the peninsular wars, where Portuguese armed forces played a key role, marked the beginning of a new era in politics.Liberalism and Constitutional Monarchy, 1822-1910During 1807-22, foreign invasions, war, and civil strife over conflicting political ideas gravely damaged Portugal's commerce, economy, and novice industry. The next terrible blow was the loss of Brazil in 1822, the jewel in the imperial crown. Portugal's very independence seemed to be at risk. In vain, Portugal sought to resist Brazilian independence by force, but in 1825 it formally acknowledged Brazilian independence by treaty.Portugal's slow recovery from the destructive French invasions and the "war of independence" was complicated by civil strife over the form of constitutional monarchy that best suited Portugal. After struggles over these issues between 1820 and 1834, Portugal settled somewhat uncertainly into a moderate constitutional monarchy whose constitution (Charter of 1826) lent it strong political powers to exert a moderating influence between the executive and legislative branches of the government. It also featured a new upper middle class based on land ownership and commerce; a Catholic Church that, although still important, lived with reduced privileges and property; a largely African (third) empire to which Lisbon and Oporto devoted increasing spiritual and material resources, starting with the liberal imperial plans of 1836 and 1851, and continuing with the work of institutions like the Lisbon Society of Geography (established 1875); and a mass of rural peasants whose bonds to the land weakened after 1850 and who began to immigrate in increasing numbers to Brazil and North America.Chronic military intervention in national politics began in 19th-century Portugal. Such intervention, usually commencing with coups or pronunciamentos (military revolts), was a shortcut to the spoils of political office and could reflect popular discontent as well as the power of personalities. An early example of this was the 1817 golpe (coup) attempt of General Gomes Freire against British military rule in Portugal before the return of King João VI from Brazil. Except for a more stable period from 1851 to 1880, military intervention in politics, or the threat thereof, became a feature of the constitutional monarchy's political life, and it continued into the First Republic and the subsequent Estado Novo.Beginning with the Regeneration period (1851-80), Portugal experienced greater political stability and economic progress. Military intervention in politics virtually ceased; industrialization and construction of railroads, roads, and bridges proceeded; two political parties (Regenerators and Historicals) worked out a system of rotation in power; and leading intellectuals sparked a cultural revival in several fields. In 19th-century literature, there was a new golden age led by such figures as Alexandre Herculano (historian), Eça de Queirós (novelist), Almeida Garrett (playwright and essayist), Antero de Quental (poet), and Joaquim Oliveira Martins (historian and social scientist). In its third overseas empire, Portugal attempted to replace the slave trade and slavery with legitimate economic activities; to reform the administration; and to expand Portuguese holdings beyond coastal footholds deep into the African hinterlands in West, West Central, and East Africa. After 1841, to some extent, and especially after 1870, colonial affairs, combined with intense nationalism, pressures for economic profit in Africa, sentiment for national revival, and the drift of European affairs would make or break Lisbon governments.Beginning with the political crisis that arose out of the "English Ultimatum" affair of January 1890, the monarchy became discredtted and identified with the poorly functioning government, political parties splintered, and republicanism found more supporters. Portugal participated in the "Scramble for Africa," expanding its African holdings, but failed to annex territory connecting Angola and Mozambique. A growing foreign debt and state bankruptcy as of the early 1890s damaged the constitutional monarchy's reputation, despite the efforts of King Carlos in diplomacy, the renewal of the alliance in the Windsor Treaty of 1899, and the successful if bloody colonial wars in the empire (1880-97). Republicanism proclaimed that Portugal's weak economy and poor society were due to two historic institutions: the monarchy and the Catholic Church. A republic, its stalwarts claimed, would bring greater individual liberty; efficient, if more decentralized government; and a stronger colonial program while stripping the Church of its role in both society and education.As the monarchy lost support and republicans became more aggressive, violence increased in politics. King Carlos I and his heir Luís were murdered in Lisbon by anarchist-republicans on 1 February 1908. Following a military and civil insurrection and fighting between monarchist and republican forces, on 5 October 1910, King Manuel II fled Portugal and a republic was proclaimed.First Parliamentary Republic, 1910-26Portugal's first attempt at republican government was the most unstable, turbulent parliamentary republic in the history of 20th-century Western Europe. During a little under 16 years of the republic, there were 45 governments, a number of legislatures that did not complete normal terms, military coups, and only one president who completed his four-year term in office. Portuguese society was poorly prepared for this political experiment. Among the deadly legacies of the monarchy were a huge public debt; a largely rural, apolitical, and illiterate peasant population; conflict over the causes of the country's misfortunes; and lack of experience with a pluralist, democratic system.The republic had some talented leadership but lacked popular, institutional, and economic support. The 1911 republican constitution established only a limited democracy, as only a small portion of the adult male citizenry was eligible to vote. In a country where the majority was Catholic, the republic passed harshly anticlerical laws, and its institutions and supporters persecuted both the Church and its adherents. During its brief disjointed life, the First Republic drafted important reform plans in economic, social, and educational affairs; actively promoted development in the empire; and pursued a liberal, generous foreign policy. Following British requests for Portugal's assistance in World War I, Portugal entered the war on the Allied side in March 1916 and sent armies to Flanders and Portuguese Africa. Portugal's intervention in that conflict, however, was too costly in many respects, and the ultimate failure of the republic in part may be ascribed to Portugal's World War I activities.Unfortunately for the republic, its time coincided with new threats to Portugal's African possessions: World War I, social and political demands from various classes that could not be reconciled, excessive military intervention in politics, and, in particular, the worst economic and financial crisis Portugal had experienced since the 16th and 17th centuries. After the original Portuguese Republican Party (PRP, also known as the "Democrats") splintered into three warring groups in 1912, no true multiparty system emerged. The Democrats, except for only one or two elections, held an iron monopoly of electoral power, and political corruption became a major issue. As extreme right-wing dictatorships elsewhere in Europe began to take power in Italy (1922), neighboring Spain (1923), and Greece (1925), what scant popular support remained for the republic collapsed. Backed by a right-wing coalition of landowners from Alentejo, clergy, Coimbra University faculty and students, Catholic organizations, and big business, career military officers led by General Gomes da Costa executed a coup on 28 May 1926, turned out the last republican government, and established a military government.The Estado Novo (New State), 1926-74During the military phase (1926-32) of the Estado Novo, professional military officers, largely from the army, governed and administered Portugal and held key cabinet posts, but soon discovered that the military possessed no magic formula that could readily solve the problems inherited from the First Republic. Especially during the years 1926-31, the military dictatorship, even with its political repression of republican activities and institutions (military censorship of the press, political police action, and closure of the republic's rowdy parliament), was characterized by similar weaknesses: personalism and factionalism; military coups and political instability, including civil strife and loss of life; state debt and bankruptcy; and a weak economy. "Barracks parliamentarism" was not an acceptable alternative even to the "Nightmare Republic."Led by General Óscar Carmona, who had replaced and sent into exile General Gomes da Costa, the military dictatorship turned to a civilian expert in finance and economics to break the budget impasse and bring coherence to the disorganized system. Appointed minister of finance on 27 April 1928, the Coimbra University Law School professor of economics Antônio de Oliveira Salazar (1889-1970) first reformed finance, helped balance the budget, and then turned to other concerns as he garnered extraordinary governing powers. In 1930, he was appointed interim head of another key ministry (Colonies) and within a few years had become, in effect, a civilian dictator who, with the military hierarchy's support, provided the government with coherence, a program, and a set of policies.For nearly 40 years after he was appointed the first civilian prime minister in 1932, Salazar's personality dominated the government. Unlike extreme right-wing dictators elsewhere in Europe, Salazar was directly appointed by the army but was never endorsed by a popular political party, street militia, or voter base. The scholarly, reclusive former Coimbra University professor built up what became known after 1932 as the Estado Novo ("New State"), which at the time of its overthrow by another military coup in 1974, was the longest surviving authoritarian regime in Western Europe. The system of Salazar and the largely academic and technocratic ruling group he gathered in his cabinets was based on the central bureaucracy of the state, which was supported by the president of the republic—always a senior career military officer, General Óscar Carmona (1928-51), General Craveiro Lopes (1951-58), and Admiral Américo Tómaz (1958-74)—and the complicity of various institutions. These included a rubber-stamp legislature called the National Assembly (1935-74) and a political police known under various names: PVDE (1932-45), PIDE (1945-69),and DGS (1969-74). Other defenders of the Estado Novo security were paramilitary organizations such as the National Republican Guard (GNR); the Portuguese Legion (PL); and the Portuguese Youth [Movement]. In addition to censorship of the media, theater, and books, there was political repression and a deliberate policy of depoliticization. All political parties except for the approved movement of regime loyalists, the União Nacional or (National Union), were banned.The most vigorous and more popular period of the New State was 1932-44, when the basic structures were established. Never monolithic or entirely the work of one person (Salazar), the New State was constructed with the assistance of several dozen top associates who were mainly academics from law schools, some technocrats with specialized skills, and a handful of trusted career military officers. The 1933 Constitution declared Portugal to be a "unitary, corporative Republic," and pressures to restore the monarchy were resisted. Although some of the regime's followers were fascists and pseudofascists, many more were conservative Catholics, integralists, nationalists, and monarchists of different varieties, and even some reactionary republicans. If the New State was authoritarian, it was not totalitarian and, unlike fascism in Benito Mussolini's Italy or Adolf Hitler's Germany, it usually employed the minimum of violence necessary to defeat what remained a largely fractious, incoherent opposition.With the tumultuous Second Republic and the subsequent civil war in nearby Spain, the regime felt threatened and reinforced its defenses. During what Salazar rightly perceived as a time of foreign policy crisis for Portugal (1936-45), he assumed control of the Ministry of Foreign Affairs. From there, he pursued four basic foreign policy objectives: supporting the Nationalist rebels of General Francisco Franco in the Spanish Civil War (1936-39) and concluding defense treaties with a triumphant Franco; ensuring that General Franco in an exhausted Spain did not enter World War II on the Axis side; maintaining Portuguese neutrality in World War II with a post-1942 tilt toward the Allies, including granting Britain and the United States use of bases in the Azores Islands; and preserving and protecting Portugal's Atlantic Islands and its extensive, if poor, overseas empire in Africa and Asia.During the middle years of the New State (1944-58), many key Salazar associates in government either died or resigned, and there was greater social unrest in the form of unprecedented strikes and clandestine Communist activities, intensified opposition, and new threatening international pressures on Portugal's overseas empire. During the earlier phase of the Cold War (1947-60), Portugal became a steadfast, if weak, member of the US-dominated North Atlantic Treaty Organization alliance and, in 1955, with American support, Portugal joined the United Nations (UN). Colonial affairs remained a central concern of the regime. As of 1939, Portugal was the third largest colonial power in the world and possessed territories in tropical Africa (Angola, Mozambique, Guinea-Bissau, and São Tomé and Príncipe Islands) and the remnants of its 16th-century empire in Asia (Goa, Damão, Diu, East Timor, and Macau). Beginning in the early 1950s, following the independence of India in 1947, Portugal resisted Indian pressures to decolonize Portuguese India and used police forces to discourage internal opposition in its Asian and African colonies.The later years of the New State (1958-68) witnessed the aging of the increasingly isolated but feared Salazar and new threats both at home and overseas. Although the regime easily overcame the brief oppositionist threat from rival presidential candidate General Humberto Delgado in the spring of 1958, new developments in the African and Asian empires imperiled the authoritarian system. In February 1961, oppositionists hijacked the Portuguese ocean liner Santa Maria and, in following weeks, African insurgents in northern Angola, although they failed to expel the Portuguese, gained worldwide media attention, discredited the New State, and began the 13-year colonial war. After thwarting a dissident military coup against his continued leadership, Salazar and his ruling group mobilized military repression in Angola and attempted to develop the African colonies at a faster pace in order to ensure Portuguese control. Meanwhile, the other European colonial powers (Britain, France, Belgium, and Spain) rapidly granted political independence to their African territories.At the time of Salazar's removal from power in September 1968, following a stroke, Portugal's efforts to maintain control over its colonies appeared to be successful. President Americo Tomás appointed Dr. Marcello Caetano as Salazar's successor as prime minister. While maintaining the New State's basic structures, and continuing the regime's essential colonial policy, Caetano attempted wider reforms in colonial administration and some devolution of power from Lisbon, as well as more freedom of expression in Lisbon. Still, a great deal of the budget was devoted to supporting the wars against the insurgencies in Africa. Meanwhile in Asia, Portuguese India had fallen when the Indian army invaded in December 1961. The loss of Goa was a psychological blow to the leadership of the New State, and of the Asian empire only East Timor and Macau remained.The Caetano years (1968-74) were but a hiatus between the waning Salazar era and a new regime. There was greater political freedom and rapid economic growth (5-6 percent annually to late 1973), but Caetano's government was unable to reform the old system thoroughly and refused to consider new methods either at home or in the empire. In the end, regime change came from junior officers of the professional military who organized the Armed Forces Movement (MFA) against the Caetano government. It was this group of several hundred officers, mainly in the army and navy, which engineered a largely bloodless coup in Lisbon on 25 April 1974. Their unexpected action brought down the 48-year-old New State and made possible the eventual establishment and consolidation of democratic governance in Portugal, as well as a reorientation of the country away from the Atlantic toward Europe.Revolution of Carnations, 1974-76Following successful military operations of the Armed Forces Movement against the Caetano government, Portugal experienced what became known as the "Revolution of Carnations." It so happened that during the rainy week of the military golpe, Lisbon flower shops were featuring carnations, and the revolutionaries and their supporters adopted the red carnation as the common symbol of the event, as well as of the new freedom from dictatorship. The MFA, whose leaders at first were mostly little-known majors and captains, proclaimed a three-fold program of change for the new Portugal: democracy; decolonization of the overseas empire, after ending the colonial wars; and developing a backward economy in the spirit of opportunity and equality. During the first 24 months after the coup, there was civil strife, some anarchy, and a power struggle. With the passing of the Estado Novo, public euphoria burst forth as the new provisional military government proclaimed the freedoms of speech, press, and assembly, and abolished censorship, the political police, the Portuguese Legion, Portuguese Youth, and other New State organizations, including the National Union. Scores of political parties were born and joined the senior political party, the Portuguese Community Party (PCP), and the Socialist Party (PS), founded shortly before the coup.Portugal's Revolution of Carnations went through several phases. There was an attempt to take control by radical leftists, including the PCP and its allies. This was thwarted by moderate officers in the army, as well as by the efforts of two political parties: the PS and the Social Democrats (PPD, later PSD). The first phase was from April to September 1974. Provisional president General Antonio Spínola, whose 1974 book Portugal and the Future had helped prepare public opinion for the coup, met irresistible leftist pressures. After Spinola's efforts to avoid rapid decolonization of the African empire failed, he resigned in September 1974. During the second phase, from September 1974 to March 1975, radical military officers gained control, but a coup attempt by General Spínola and his supporters in Lisbon in March 1975 failed and Spínola fled to Spain.In the third phase of the Revolution, March-November 1975, a strong leftist reaction followed. Farm workers occupied and "nationalized" 1.1 million hectares of farmland in the Alentejo province, and radical military officers in the provisional government ordered the nationalization of Portuguese banks (foreign banks were exempted), utilities, and major industries, or about 60 percent of the economic system. There were power struggles among various political parties — a total of 50 emerged—and in the streets there was civil strife among labor, military, and law enforcement groups. A constituent assembly, elected on 25 April 1975, in Portugal's first free elections since 1926, drafted a democratic constitution. The Council of the Revolution (CR), briefly a revolutionary military watchdog committee, was entrenched as part of the government under the constitution, until a later revision. During the chaotic year of 1975, about 30 persons were killed in political frays while unstable provisional governments came and went. On 25 November 1975, moderate military forces led by Colonel Ramalho Eanes, who later was twice elected president of the republic (1976 and 1981), defeated radical, leftist military groups' revolutionary conspiracies.In the meantime, Portugal's scattered overseas empire experienced a precipitous and unprepared decolonization. One by one, the former colonies were granted and accepted independence—Guinea-Bissau (September 1974), Cape Verde Islands (July 1975), and Mozambique (July 1975). Portugal offered to turn over Macau to the People's Republic of China, but the offer was refused then and later negotiations led to the establishment of a formal decolonization or hand-over date of 1999. But in two former colonies, the process of decolonization had tragic results.In Angola, decolonization negotiations were greatly complicated by the fact that there were three rival nationalist movements in a struggle for power. The January 1975 Alvor Agreement signed by Portugal and these three parties was not effectively implemented. A bloody civil war broke out in Angola in the spring of 1975 and, when Portuguese armed forces withdrew and declared that Angola was independent on 11 November 1975, the bloodshed only increased. Meanwhile, most of the white Portuguese settlers from Angola and Mozambique fled during the course of 1975. Together with African refugees, more than 600,000 of these retornados ("returned ones") went by ship and air to Portugal and thousands more to Namibia, South Africa, Brazil, Canada, and the United States.The second major decolonization disaster was in Portugal's colony of East Timor in the Indonesian archipelago. Portugal's capacity to supervise and control a peaceful transition to independence in this isolated, neglected colony was limited by the strength of giant Indonesia, distance from Lisbon, and Portugal's revolutionary disorder and inability to defend Timor. In early December 1975, before Portugal granted formal independence and as one party, FRETILIN, unilaterally declared East Timor's independence, Indonesia's armed forces invaded, conquered, and annexed East Timor. Indonesian occupation encountered East Timorese resistance, and a heavy loss of life followed. The East Timor question remained a contentious international issue in the UN, as well as in Lisbon and Jakarta, for more than 20 years following Indonesia's invasion and annexation of the former colony of Portugal. Major changes occurred, beginning in 1998, after Indonesia underwent a political revolution and allowed a referendum in East Timor to decide that territory's political future in August 1999. Most East Timorese chose independence, but Indonesian forces resisted that verdict untilUN intervention in September 1999. Following UN rule for several years, East Timor attained full independence on 20 May 2002.Consolidation of Democracy, 1976-2000After several free elections and record voter turnouts between 25 April 1975 and June 1976, civil war was averted and Portugal's second democratic republic began to stabilize. The MFA was dissolved, the military were returned to the barracks, and increasingly elected civilians took over the government of the country. The 1976 Constitution was revised several times beginning in 1982 and 1989, in order to reempha-size the principle of free enterprise in the economy while much of the large, nationalized sector was privatized. In June 1976, General Ram-alho Eanes was elected the first constitutional president of the republic (five-year term), and he appointed socialist leader Dr. Mário Soares as prime minister of the first constitutional government.From 1976 to 1985, Portugal's new system featured a weak economy and finances, labor unrest, and administrative and political instability. The difficult consolidation of democratic governance was eased in part by the strong currency and gold reserves inherited from the Estado Novo, but Lisbon seemed unable to cope with high unemployment, new debt, the complex impact of the refugees from Africa, world recession, and the agitation of political parties. Four major parties emerged from the maelstrom of 1974-75, except for the Communist Party, all newly founded. They were, from left to right, the Communists (PCP); the Socialists (PS), who managed to dominate governments and the legislature but not win a majority in the Assembly of the Republic; the Social Democrats (PSD); and the Christian Democrats (CDS). During this period, the annual growth rate was low (l-2 percent), and the nationalized sector of the economy stagnated.Enhanced economic growth, greater political stability, and more effective central government as of 1985, and especially 1987, were due to several developments. In 1977, Portugal applied for membership in the European Economic Community (EEC), now the European Union (EU) since 1993. In January 1986, with Spain, Portugal was granted membership, and economic and financial progress in the intervening years has been significantly influenced by the comparatively large investment, loans, technology, advice, and other assistance from the EEC. Low unemployment, high annual growth rates (5 percent), and moderate inflation have also been induced by the new political and administrative stability in Lisbon. Led by Prime Minister Cavaco Silva, an economist who was trained abroad, the PSD's strong organization, management, and electoral support since 1985 have assisted in encouraging economic recovery and development. In 1985, the PSD turned the PS out of office and won the general election, although they did not have an absolute majority of assembly seats. In 1986, Mário Soares was elected president of the republic, the first civilian to hold that office since the First Republic. In the elections of 1987 and 1991, however, the PSD was returned to power with clear majorities of over 50 percent of the vote.Although the PSD received 50.4 percent of the vote in the 1991 parliamentary elections and held a 42-seat majority in the Assembly of the Republic, the party began to lose public support following media revelations regarding corruption and complaints about Prime Minister Cavaco Silva's perceived arrogant leadership style. President Mário Soares voiced criticism of the PSD's seemingly untouchable majority and described a "tyranny of the majority." Economic growth slowed down. In the parliamentary elections of 1995 and the presidential election of 1996, the PSD's dominance ended for the time being. Prime Minister Antônio Guterres came to office when the PS won the October 1995 elections, and in the subsequent presidential contest, in January 1996, socialist Jorge Sampaio, the former mayor of Lisbon, was elected president of the republic, thus defeating Cavaco Silva's bid. Young and popular, Guterres moved the PS toward the center of the political spectrum. Under Guterres, the PS won the October 1999 parliamentary elections. The PS defeated the PSD but did not manage to win a clear, working majority of seats, and this made the PS dependent upon alliances with smaller parties, including the PCP.In the local elections in December 2001, the PSD's criticism of PS's heavy public spending allowed the PSD to take control of the key cities of Lisbon, Oporto, and Coimbra. Guterres resigned, and parliamentary elections were brought forward from 2004 to March 2002. The PSD won a narrow victory with 40 percent of the votes, and Jose Durão Barroso became prime minister. Having failed to win a majority of the seats in parliament forced the PSD to govern in coalition with the right-wing Popular Party (PP) led by Paulo Portas. Durão Barroso set about reducing government spending by cutting the budgets of local authorities, freezing civil service hiring, and reviving the economy by accelerating privatization of state-owned enterprises. These measures provoked a 24-hour strike by public-sector workers. Durão Barroso reacted with vows to press ahead with budget-cutting measures and imposed a wage freeze on all employees earning more than €1,000, which affected more than one-half of Portugal's work force.In June 2004, Durão Barroso was invited by Romano Prodi to succeed him as president of the European Commission. Durão Barroso accepted and resigned the prime ministership in July. Pedro Santana Lopes, the leader of the PSD, became prime minister. Already unpopular at the time of Durão Barroso's resignation, the PSD-led government became increasingly unpopular under Santana Lopes. A month-long delay in the start of the school year and confusion over his plan to cut taxes and raise public-sector salaries, eroded confidence even more. By November, Santana Lopes's government was so unpopular that President Jorge Sampaio was obliged to dissolve parliament and hold new elections, two years ahead of schedule.Parliamentary elections were held on 20 February 2005. The PS, which had promised the electorate disciplined and transparent governance, educational reform, the alleviation of poverty, and a boost in employment, won 45 percent of the vote and the majority of the seats in parliament. The leader of the PS, José Sôcrates became prime minister on 12 March 2005. In the regularly scheduled presidential elections held on 6 January 2006, the former leader of the PSD and prime minister, Aníbal Cavaco Silva, won a narrow victory and became president on 9 March 2006. With a mass protest, public teachers' strike, and street demonstrations in March 2008, Portugal's media, educational, and social systems experienced more severe pressures. With the spreading global recession beginning in September 2008, Portugal's economic and financial systems became more troubled.Owing to its geographic location on the southwestern most edge of continental Europe, Portugal has been historically in but not of Europe. Almost from the beginning of its existence in the 12th century as an independent monarchy, Portugal turned its back on Europe and oriented itself toward the Atlantic Ocean. After carving out a Christian kingdom on the western portion of the Iberian peninsula, Portuguese kings gradually built and maintained a vast seaborne global empire that became central to the way Portugal understood its individuality as a nation-state. While the creation of this empire allows Portugal to claim an unusual number of "firsts" or distinctions in world and Western history, it also retarded Portugal's economic, social, and political development. It can be reasonably argued that the Revolution of 25 April 1974 was the most decisive event in Portugal's long history because it finally ended Portugal's oceanic mission and view of itself as an imperial power. After the 1974 Revolution, Portugal turned away from its global mission and vigorously reoriented itself toward Europe. Contemporary Portugal is now both in and of Europe.The turn toward Europe began immediately after 25 April 1974. Portugal granted independence to its African colonies in 1975. It was admitted to the European Council and took the first steps toward accession to the European Economic Community (EEC) in 1976. On 28 March 1977, the Portuguese government officially applied for EEC membership. Because of Portugal's economic and social backwardness, which would require vast sums of EEC money to overcome, negotiations for membership were long and difficult. Finally, a treaty of accession was signed on 12 June 1985. Portugal officially joined the EEC (the European Union [EU] since 1993) on 1 January 1986. Since becoming a full-fledged member of the EU, Portugal has been steadily overcoming the economic and social underdevelopment caused by its imperial past and is becoming more like the rest of Europe.Membership in the EU has speeded up the structural transformation of Portugal's economy, which actually began during the Estado Novo. Investments made by the Estado Novo in Portugal's economy began to shift employment out of the agricultural sector, which, in 1950, accounted for 50 percent of Portugal's economically active population. Today, only 10 percent of the economically active population is employed in the agricultural sector (the highest among EU member states); 30 percent in the industrial sector (also the highest among EU member states); and 60 percent in the service sector (the lowest among EU member states). The economically active population numbers about 5,000,000 employed, 56 percent of whom are women. Women workers are the majority of the workforce in the agricultural and service sectors (the highest among the EU member states). The expansion of the service sector has been primarily in health care and education. Portugal has had the lowest unemployment rates among EU member states, with the overall rate never being more than 10 percent of the active population. Since joining the EU, the number of employers increased from 2.6 percent to 5.8 percent of the active population; self-employed from 16 to 19 percent; and employees from 65 to 70 percent. Twenty-six percent of the employers are women. Unemployment tends to hit younger workers in industry and transportation, women employed in domestic service, workers on short-term contracts, and poorly educated workers. Salaried workers earn only 63 percent of the EU average, and hourly workers only one-third to one-half of that earned by their EU counterparts. Despite having had the second highest growth of gross national product (GNP) per inhabitant (after Ireland) among EU member states, the above data suggest that while much has been accomplished in terms of modernizing the Portuguese economy, much remains to be done to bring Portugal's economy up to the level of the "average" EU member state.Membership in the EU has also speeded up changes in Portuguese society. Over the last 30 years, coastalization and urbanization have intensified. Fully 50 percent of Portuguese live in the coastal urban conurbations of Lisbon, Oporto, Braga, Aveiro, Coimbra, Viseu, Évora, and Faro. The Portuguese population is one of the oldest among EU member states (17.3 percent are 65 years of age or older) thanks to a considerable increase in life expectancy at birth (77.87 years for the total population, 74.6 years for men, 81.36 years for women) and one of the lowest birthrates (10.59 births/1,000) in Europe. Family size averages 2.8 persons per household, with the strict nuclear family (one or two generations) in which both parents work being typical. Common law marriages, cohabitating couples, and single-parent households are more and more common. The divorce rate has also increased. "Youth Culture" has developed. The young have their own meeting places, leisure-time activities, and nightlife (bars, clubs, and discos).All Portuguese citizens, whether they have contributed or not, have a right to an old-age pension, invalidity benefits, widowed persons' pension, as well as payments for disabilities, children, unemployment, and large families. There is a national minimum wage (€385 per month), which is low by EU standards. The rapid aging of Portugal's population has changed the ratio of contributors to pensioners to 1.7, the lowest in the EU. This has created deficits in Portugal's social security fund.The adult literacy rate is about 92 percent. Illiteracy is still found among the elderly. Although universal compulsory education up to grade 9 was achieved in 1980, only 21.2 percent of the population aged 25-64 had undergone secondary education, compared to an EU average of 65.7 percent. Portugal's higher education system currently consists of 14 state universities and 14 private universities, 15 state polytechnic institutions, one Catholic university, and one military academy. All in all, Portugal spends a greater percentage of its state budget on education than most EU member states. Despite this high level of expenditure, the troubled Portuguese education system does not perform well. Early leaving and repetition rates are among the highest among EU member states.After the Revolution of 25 April 1974, Portugal created a National Health Service, which today consists of 221 hospitals and 512 medical centers employing 33,751 doctors and 41,799 nurses. Like its education system, Portugal's medical system is inefficient. There are long waiting lists for appointments with specialists and for surgical procedures.Structural changes in Portugal's economy and society mean that social life in Portugal is not too different from that in other EU member states. A mass consumption society has been created. Televisions, telephones, refrigerators, cars, music equipment, mobile phones, and personal computers are commonplace. Sixty percent of Portuguese households possess at least one automobile, and 65 percent of Portuguese own their own home. Portuguese citizens are more aware of their legal rights than ever before. This has resulted in a trebling of the number of legal proceeding since 1960 and an eight-fold increase in the number of lawyers. In general, Portuguese society has become more permissive and secular; the Catholic Church and the armed forces are much less influential than in the past. Portugal's population is also much more culturally, religiously, and ethnically diverse, a consequence of the coming to Portugal of hundreds of thousands of immigrants, mainly from former African colonies.Portuguese are becoming more cosmopolitan and sophisticated through the impact of world media, the Internet, and the World Wide Web. A prime case in point came in the summer and early fall of 1999, with the extraordinary events in East Timor and the massive Portuguese popular responses. An internationally monitored referendum in East Timor, Portugal's former colony in the Indonesian archipelago and under Indonesian occupation from late 1975 to summer 1999, resulted in a vote of 78.5 percent for rejecting integration with Indonesia and for independence. When Indonesian prointegration gangs, aided by the Indonesian military, responded to the referendum with widespread brutality and threatened to reverse the verdict of the referendum, there was a spontaneous popular outpouring of protest in the cities and towns of Portugal. An avalanche of Portuguese e-mail fell on leaders and groups in the UN and in certain countries around the world as Portugal's diplomats, perhaps to compensate for the weak initial response to Indonesian armed aggression in 1975, called for the protection of East Timor as an independent state and for UN intervention to thwart Indonesian action. Using global communications networks, the Portuguese were able to mobilize UN and world public opinion against Indonesian actions and aided the eventual independence of East Timor on 20 May 2002.From the Revolution of 25 April 1974 until the 1990s, Portugal had a large number of political parties, one of the largest Communist parties in western Europe, frequent elections, and endemic cabinet instability. Since the 1990s, the number of political parties has been dramatically reduced and cabinet stability increased. Gradually, the Portuguese electorate has concentrated around two larger parties, the right-of-center Social Democrats (PSD) and the left-of-center Socialist (PS). In the 1980s, these two parties together garnered 65 percent of the vote and 70 percent of the seats in parliament. In 2005, these percentages had risen to 74 percent and 85 percent, respectively. In effect, Portugal is currently a two-party dominant system in which the two largest parties — PS and PSD—alternate in and out of power, not unlike the rotation of the two main political parties (the Regenerators and the Historicals) during the last decades (1850s to 1880s) of the liberal constitutional monarchy. As Portugal's democracy has consolidated, turnout rates for the eligible electorate have declined. In the 1970s, turnout was 85 percent. In Portugal's most recent parliamentary election (2005), turnout had fallen to 65 percent of the eligible electorate.Portugal has benefited greatly from membership in the EU, and whatever doubts remain about the price paid for membership, no Portuguese government in the near future can afford to sever this connection. The vast majority of Portuguese citizens see membership in the EU as a "good thing" and strongly believe that Portugal has benefited from membership. Only the Communist Party opposed membership because it reduces national sovereignty, serves the interests of capitalists not workers, and suffers from a democratic deficit. Despite the high level of support for the EU, Portuguese voters are increasingly not voting in elections for the European Parliament, however. Turnout for European Parliament elections fell from 40 percent of the eligible electorate in the 1999 elections to 38 percent in the 2004 elections.In sum, Portugal's turn toward Europe has done much to overcome its backwardness. However, despite the economic, social, and political progress made since 1986, Portugal has a long way to go before it can claim to be on a par with the level found even in Spain, much less the rest of western Europe. As Portugal struggles to move from underde-velopment, especially in the rural areas away from the coast, it must keep in mind the perils of too rapid modern development, which could damage two of its most precious assets: its scenery and environment. The growth and future prosperity of the economy will depend on the degree to which the government and the private sector will remain stewards of clean air, soil, water, and other finite resources on which the tourism industry depends and on which Portugal's world image as a unique place to visit rests. Currently, Portugal is investing heavily in renewable energy from solar, wind, and wave power in order to account for about 50 percent of its electricity needs by 2010. Portugal opened the world's largest solar power plant and the world's first commercial wave power farm in 2006.An American documentary film on Portugal produced in the 1970s described this little country as having "a Past in Search of a Future." In the years after the Revolution of 25 April 1974, it could be said that Portugal is now living in "a Present in Search of a Future." Increasingly, that future lies in Europe as an active and productive member of the EU. -
15 Arbeit
Arbeit f 1. GEN task, work, workmanship; 2. PERS work, job, employment; 3. WIWI (AE) labor, (BE) labour • aktiv nach Arbeit suchen PERS, SOZ actively looking for work (such as contacting employers or public or private employment agencies) • an die Arbeit gehen PERS start work • an der Arbeit sein PERS be at work • Arbeit annehmen PERS take employment, take a job, accept a job • Arbeit aufgeben PERS give up work • Arbeit aufnehmen PERS take up employment, take up work, start a job • Arbeit ausführen PERS carry out work, perform work • Arbeit beginnen PERS start a job, start work, begin work • Arbeit durchführen PERS carry out work, perform work • Arbeit finden PERS find work, find employment, find a job • Arbeit haben PERS have a job, be employed, be in work • Arbeit muss sich lohnen POL, WIWI make work pay (strategischer Ansatz zur Bekämpfung der Arbeitslosigkeit) • Arbeit nach Vorschrift machen PERS work to rule, go slow, (AE) work to contract • Arbeit schaffen PERS create work • Arbeit suchen PERS seek work, look for work, look for a job, seek a job • Arbeit verrichten PERS do one’s work, carry out one’s work • Arbeit wieder aufnehmen PERS, SOZ resume work, return to work • Arbeiten auslagern GEN, PERS outsource, contract out • Arbeiten nach außen vergeben GEN, PERS outsource, contract out, put out to contract • auf Arbeit gehen PERS go to work • bei der Arbeit fehlen PERS be off work • der Arbeit abgeneigt GEN, PERS, MGT disinclined to work, work-shy (arbeitsscheu) • die Arbeit antreten PERS report for work • die Arbeit beenden 1. GEN finish work; 2. PERS cease work, stop working • die Arbeit einstellen GEN finish work • die Arbeit im Griff haben PERS be on top of one’s job • die Arbeit niederlegen PERS down tools, walk out • gute Arbeit leisten PERS do a good job • in der Arbeit sein PERS be at work • in Arbeit bleiben PERS stay in employment, continue to work, remain in employment, stay in the job, remain in the job • in Arbeit sein 1. GEN, IND, MGT be in process, be in progress; 2. PERS be employed • in Arbeit verbleiben PERS stay in employment, stay in the job, remain in the job, continue to work, remain in employment • in Arbeit vermitteln SOZ place in work, place people in work, place in jobs, place people in jobs • jmdn. wieder in Arbeit bringen PERS bring sb back to work, get sb back into work • mit Arbeit eingedeckt sein PERS (infrml) be up to one’s neck in work, have lots to do • mit der Arbeit anfangen PERS begin work, begin to work, start work, start to work • ohne Arbeit sein PERS be out of work, be without employment • schlechte Arbeit leisten PERS do a bad job • seine Arbeit verlieren PERS lose one’s work, lose one’s job • sich an die Arbeit machen GEN get down to work • sich seine Arbeit einteilen PERS organize one’s work, divide up one’s work • von der Arbeit freistellen PERS release from work, give time off • zur Arbeit gehen PERS go to work* * *f 1. < Geschäft> task, work, workmanship; 2. < Person> work, job, employment; 3. <Vw> labor (AE), labour (BE) ■ Arbeit annehmen < Person> take employment, take a job, accept a job ■ Arbeit aufgeben < Person> give up work ■ Arbeit aufnehmen < Person> take up employment, take up work, start a job ■ Arbeit beginnen < Person> start a job, start work, begin work ■ Arbeit finden < Person> find work, find employment ■ Arbeit haben < Person> have a job, be employed ■ Arbeit muss sich lohnen <Pol, Vw> strategischer Ansatz zur Bekämpfung der Arbeitslosigkeit make work pay ■ Arbeit suchen < Person> seek work, look for work, look for a job, seek a job ■ Arbeit wieder aufnehmen < Person> resume work, return to work ■ der Arbeit abgeneigt <Geschäft, Person, Mgmnt> arbeitsscheu disinclined to work, work-shy ■ die Arbeit beenden < Geschäft> finish work < Person> cease work, stop working ■ die Arbeit einstellen < Geschäft> finish work ■ die Arbeit im Griff haben < Person> be on top of one's job ■ die Arbeit niederlegen < Person> down tools, walk out ■ in Arbeit sein 1. <Geschäft, Ind, Mgmnt> be in process, be in progress; 2. < Person> be employed ■ in Arbeit vermitteln < Sozial> place in work, place people in work, place in jobs, place people in jobs ■ mit Arbeit eingedeckt sein < Person> be up to one's neck in work infrml, have lots to do ■ ohne Arbeit sein < Person> be out of work, be without employment ■ seine Arbeit verlieren < Person> lose one's work, lose one's job ■ sich an die Arbeit machen < Geschäft> get down to work ■ von der Arbeit freistellen < Person> release from work* * *Arbeit
work, labo(u)r, (Aufgabe) task, assignment, (Ausführung) workmanship, craftsmanship, handiwork, (Beschäftigung) employment, achievement, job, occupation, (Dienst) service, (Erzeugnis) product, make, (Geschäft) concern, business, (Leistung) performance, output, (Mühe) effort, trouble, pains, toil, exertion, (Stück) piece of work, job, (Tätigkeit) activity, operation;
• auf dem Weg zur Arbeit (Versicherungsrecht) on the way to business;
• bei der Arbeit on the job, at work;
• mit Arbeit überlastet overwhelmed with work;
• nach umfangreicher und harter Arbeit after much hard work;
• ohne Arbeit out of work;
• während der Arbeit in course of one’s employment;
• über Gemeinkosten abgerechnete Arbeit indirect labo(u)r;
• in der Qualität abweichende Arbeit spotty piece of work;
• auferlegte Arbeit task;
• wieder aufgenommene Arbeit return to plant;
• auserwählte Arbeit delicate workmanship;
• schlampig ausgeführte Arbeit slipshod (shoddy, ragged) [piece of] work;
• ausgezeichnete Arbeit excellent piece of work;
• in der Ausführung begriffene Arbeit work in progress;
• bequeme und lukrative Arbeit sweet job;
• bezahlte Arbeit paid work;
• im Akkord bezahlte Arbeit work at piece rates;
• schlecht bezahlte Arbeit badly paid (journeyman) work, tight job;
• nach Stunden (stundenweise) bezahlte Arbeit time work, work at time rates;
• untertariflich bezahlte Arbeit scab work;
• eigene Arbeit personal labo(u)r;
• in den Tarif einbezogene Arbeit bargain work;
• einträgliche Arbeit fat [job];
• entfremdete Arbeit alienation of labo(u)r;
• noch zu erledigende Arbeiten jobs awaiting attention;
• erstklassige Arbeit finest workmanship;
• fachmännische Arbeit professional job;
• fertig gestellte Arbeit [accomplished] work;
• freiwillige Arbeit labo(u)r of love;
• ganztägige Arbeit full-time job;
• geistige Arbeit brainwork, headwork;
• im Stücklohn geleistete Arbeit contract work;
• tatsächlich geleistete Arbeit hours worked;
• in Angriff genommene Arbeit job in hand;
• gewöhnliche Arbeit ordinary labo(u)r;
• gleichwertige Arbeit equal work;
• grenzüberschreitende Arbeit transnational work;
• harte Arbeit hard work;
• hervorragende Arbeit first-rate workmanship, excellent piece of work;
• hochwertige Arbeit high-class workmanship;
• kinderleichte Arbeit child’s play;
• körperliche Arbeit manual labo(u)r;
• langweilige Arbeit dry work, boring job, a chore (US);
• laufende Arbeit work in progress;
• liederliche Arbeit slipshod work;
• mechanische Arbeit unskilled labo(u)r, routine job;
• minderwertige Arbeit inferior workmanship;
• monotone Arbeit humdrum work;
• niedrige Arbeit menial work;
• öffentliche Arbeiten public works;
• Zeit raubende Arbeit time-consuming work;
• saisonbedingte Arbeit seasonality of work;
• schlampige Arbeit a lick and a promise (coll.), slipshod (shoddy, ragged) [piece of] work;
• schlechte Arbeit poor workmanship;
• schludrige Arbeit badly finished (rush, slovenly) work, slapdash, slopwork;
• schmutzige Arbeit dirty work;
• schweres Stück (schwierige) Arbeit tough job, difficult task;
• selbstständige Arbeit occupation of a professional nature;
• termingebundene Arbeit (Werbung) traffic;
• überflüssige Arbeit unnecessary labo(u)r;
• global übernommene Arbeit lump work;
• vertraglich übernommene Arbeit contract labo(u)r;
• unbezahlte Arbeit unremunerative work;
• unerledigte Arbeit unfinished work;
• ungelernte Arbeit common labo(u)r, manual (unskilled) work;
• unselbstständige Arbeit wagework, employment [work], (Doppelbesteuerungsabkommen) dependent personal service;
• vergütete Arbeit work against payment;
• vorausbezahlte Arbeit horse (sl.);
• vorbereitete Arbeit dead work;
• vordringliche Arbeit priority (key) job;
• ziemliche Arbeit lot of work;
• nicht zusagende Arbeit uncongenial job;
• mit dem Euro zusammenhängende Arbeit euro-related work;
• Arbeit im Akkord task wages (work), job work, piecework,
• Arbeit am laufenden Band work on the assembly line, serial production;
• Arbeit für den Fachmann skilled job;
• Arbeit von Führungskräften managerial work;
• Arbeit als landwirtschaftlicher Gehilfe farm labo(u)ring;
• Arbeit und Kapital Capital and Labo(u)r;
• Arbeit auf Prämienbasis work on the bonus system;
• Arbeit außerhalb der Saison off-season work;
• Arbeit in wechselnden Schichten split shift;
• Arbeit unter Tage underground work;
• Arbeit im Tagelohn daywork;
• Arbeit unter Tariflohn scab work;
• Arbeit mit geringer Verdienstspanne low-profit work;
• Arbeit nach Vorschrift go-slow (Br.), work-to-rule (Br.);
• Arbeit sparend labo(u)r-saving;
• Arbeit an einen Untergebenen abgeben to devolve work on a subordinate;
• j. bei einer Arbeit ablösen to give s. o. a spell;
• zur Arbeit anhalten to keep in harness;
• ganz in seiner Arbeit aufgehen to burn with love for one’s work;
• mit der Arbeit aufhören to knock off work;
• Arbeit wieder aufnehmen to go back to work,to fall to work again;
• Arbeit bei Fortsetzung der Lohnverhandlungen wieder aufnehmen to negotiate a return to work pending further talks;
• Arbeit aufteilen to divide up the work;
• Arbeit auf mehrere Leute aufteilen to break up a piece of work among several people;
• Arbeiten und Lieferungen ausschreiben to invite tenders;
• Arbeit aussetzen to stop working, to walk out (US);
• von der Arbeit befreien to release from working;
• bei der Ernte Arbeit bekommen to get a turn of work at the harvest;
• großen Teil der Arbeit hinter sich bringen to get through a lot of work;
• Arbeit einstellen to stop working, to knock off, (streiken) to lay down tools, to cease work, (kündigen) to quit work, (streiken) to turn out, to come out on strike, to walk out (US);
• Arbeit erledigen to manage a piece of work;
• seine Arbeit flüchtig erledigen to scurry through one’s work;
• Arbeit innerhalb einer Woche erledigen to finish a job within (inside of, US) a week;
• in Arbeit ersticken to be smothered with work;
• der Arbeit fernbleiben to absent o. s. from work;
• scharenweise der Arbeit fernbleiben to stay away from the assembly line in droves;
• während der Arbeit schnell etw. futtern to put on the nose bag (fam.);
• Auftrag in Arbeit geben to put an order in hand;
• an die Arbeit gehen to proceed to business;
• auf Arbeit gehen to go out (take) to work;
• ernsthaft an die Arbeit gehen to go roundly to work;
• seine Arbeit lieb gewinnen to reconcile o. s. to one’s work;
• neues Buch in Arbeit haben to have a new book on the stocks;
• keine Arbeit haben to be out of work (unemployed);
• Arbeit wieder aufgenommen haben to be back on the job;
• unerledigte Arbeit liegen haben to fall behind with one’s work;
• sein Äußerstes bei der Arbeit hergeben to work to the full at one’s task;
• durch seine Arbeit hinzulernen to learn on the job;
• von seiner Hände Arbeit leben to live by one’s hands (by the sweat of one’s brow), to be left to one’s purchase;
• ausgezeichnete Arbeit leisten to do a first-class job;
• bahnbrechende Arbeit leisten to do pioneer work;
• gute Arbeit leisten to give good service, to make a good job of it;
• schlechte Arbeit leisten to tinker;
• schludrige Arbeit leisten to scamp;
• Arbeit leiten to direct a job;
• im Rahmen einer Arbeit liegen to fall within the scope of a job;
• sich an die Arbeit machen to get (settle) down to work, to hitch up to a job (US), to get down to it, to roll up one’s sleeves;
• sich eifrig an die Arbeit machen to buckle down to work;
• sich selbst an die Arbeit machen to put one’s hand to the plough (plow, US);
• seiner täglichen Arbeit nachgehen to go about one’s usual work (business), to do one’s daily stint;
• seiner Arbeit im Ausland nachgehen to work on assignment abroad;
• seine Arbeit niederlegen to drop one’s work, to stay off one’s job, to down tools (Br.), to walk out (US);
• sehr nach Arbeit riechen to smell of the lamp (midnight oil);
• Arbeit sabotieren to make a bad job of s. th.;
• auf Arbeit sein to be out at work;
• in Arbeit sein to be in hand (process) of manufacture;
• mit ganzer Seele (ganzem Herzen) bei der Arbeit sein to have one’s heart in (lend one’s soul to) one’s work;
• an selbstständige Arbeit gewöhnt sein to be accustomed to working independently;
• Arbeit sparend sein (Maschinen) to be real labo(u)r savers;
• mit seiner Arbeit im Rückstand sein to be behind (in arrears) with one’s work;
• bei jem. in Lohn und Arbeit stehen to be in s. one’s employ;
• Arbeit fertig stellen to finish off a job;
• sich in die Arbeit stürzen to plunge into business;
• Arbeit suchen to look for (seek) a job, to seek work (employment);
• bei der Arbeit trödeln to slack at one’s job;
• Arbeit übernehmen to [under]take a job;
• zusätzliche Arbeiten übernehmen to take on extra work;
• Arbeit im Akkord vergeben to let out a job of work on contract;
• Arbeiten und Lieferungen vergeben to let out a work in contract, to give on contract;
• seine Arbeit vernachlässigen to be negligent in one’s work;
• Arbeit verpfuschen to butcher a job;
• allerlei Arbeiten verrichten to do odd jobs;
• Arbeit seiner Angestellten verrichten to keep a dog and bark o. s.;
• Arbeit verschaffen to procure labo(u)r;
• jem. Arbeit verschaffen to find s. o. work;
• Arbeit vollenden to execute a job of work;
• mit niedrigen Arbeiten beschäftigt werden to be employed at a lower status;
• mit seiner Arbeit fertig werden to get through one’s work;
• Material für eine wissenschaftliche Arbeit zusammenstellen to collect material for a scientific work.
scheuen, Arbeit
to shirk one’s share of work;
• keine Kosten scheuen to spare no expense.
verrichten, Arbeit
to operate;
• Gelegenheitsarbeiten verrichten to char. -
16 Geld
Geld n 1. BANK, BÖRSE buyer’s rate (Geldkurs, Börsenkurs); 2. FIN, GEN, WIWI (infrml) bread, (infrml) dough, (BE) (infrml) dosh, money, (AE) (infrml) wampum • am Geld BÖRSE at the money (Optionen) • aus dem Geld BÖRSE out of the money (Optionen) • etw. für sein Geld bekommen WIWI get good value for money • Geld abführen STEUER pay over, transfer • Geld anlegen GEN invest money, put money down • Geld auf Abruf BANK, FIN money at call • Geld auf eine Hypothek aufnehmen GEN raise money on a mortgage • Geld auf etw. aufnehmen GEN raise money on sth • Geld aufnehmen BANK borrow funds, borrow money • Geld ausgeben GEN spend • Geld großzügiger ausgeben FIN loosen one’s belt • Geld investieren FIN invest money, put money down • Geld leihen 1. FIN lend money; 2. BANK borrow money • Geld scheffeln GEN (infrml) rake it in • Geld sparen BANK save • Geld spielt keine Rolle GEN money is no object • Geld von jmdm. borgen GEN borrow money from sb • Geld von jmdm. leihen GEN borrow money from sb • Geld vorübergehend anlegen BÖRSE park money • Geld wie Heu haben GEN (infrml) have money to burn • im Geld BÖRSE in the money (Optionen) • im Geld schwimmen GEN (infrml) awash with cash • (richtig) Geld in die Hand nehmen GEN (infrml) (really) go to great expense • um Geld ersuchen GEN appeal for funds • zu Geld kommen GEN come into money* * *n 1. < Börse> buyer's rate; 2. <Finanz, Geschäft, Vw> bread infrml, dough infrml, dosh infrml (BE), money, wampum infrml (AE) ■ am Geld < Börse> Optionen at the money ■ aus dem Geld < Börse> out of the money (Optionen) ■ etw. für sein Geld bekommen <Vw> get good value for money ■ Geld abführen < Steuer> pay over, transfer ■ Geld anlegen < Geschäft> invest money, put money down ■ Geld auf Abruf <Bank, Finanz> money at call ■ Geld auf eine Hypothek aufnehmen < Geschäft> raise money on a mortgage ■ Geld auf etw. aufnehmen < Geschäft> raise money on sth ■ Geld aufnehmen < Bank> borrow funds, borrow money ■ Geld ausgeben < Geschäft> spend ■ Geld großzügiger ausgeben < Finanz> loosen one's belt ■ Geld investieren < Finanz> invest money, put money down ■ Geld leihen 1. < Finanz> lend money; 2. < Bank> borrow money ■ Geld scheffeln infrml < Geschäft> rake it in infrml ■ Geld sparen < Bank> save ■ Geld spielt keine Rolle < Geschäft> money is no object ■ Geld von jmdm. borgen < Geschäft> borrow money from sb ■ Geld von jmdm. leihen < Geschäft> borrow money from sb ■ Geld vorübergehend anlegen < Börse> park money ■ Geld wie Heu haben infrml < Geschäft> have money to burn infrml ■ im Geld < Börse> in the money (Optionen) ■ im Geld schwimmen infrml < Geschäft> awash with cash infrml ■ um Geld ersuchen < Geschäft> appeal for funds ■ zu Geld kommen infrml < Geschäft> come into money* * *Geld
money, furniture of one’s pocket (coll.), gold, dimes, scales (US), (Bargeld) cash, (Börse) buyers, bid, prices negotiated, (Hartgeld) coin, (Kleingeld) small change, (Papiergeld) paper money (currency, notes), (Wechselgeld) change;
• für Geld mercenarily;
• gegen bares Geld for cash;
• hinter dem Geld her on the make (pitch, sl.);
• in Geld ausgedrückt in cash terms;
• in gutem Geld in good money;
• keinen Pfennig Geld not a shot in the locker;
• knapp an Geld low in cash, short of money;
• nur mit wenig Geld versehen scant of money;
• mit Geld wohl versehen moneyed, flush of money;
• ohne Geld moneyless, out of funds, without means, hard up for money;
• ohne jedes Geld out of cash, penniless, broke (sl.);
• so gut wie bares Geld as good as (equal to) cash;
• viel Geld verschlingend money-guzzling;
• Gelder means, sums of money, funds, purse;
• abgenutztes Geld worn currency;
• angelegtes Geld money put up, funds (money) invested, investment;
• fest angelegtes Geld tied-up (locked-up, Br.) money, lockup (Br.);
• mit Kündigungsfrist angelegtes Geld term (time, US) deposit;
• langfristig angelegte Gelder long-term (funded) capital;
• nicht angelegtes Geld unemployed money;
• sicher angelegtes Geld money safely invested;
• auf einem Sparkonto angelegtes Geld money on deposit account;
• anvertrautes Geld consigned (trust) money, money held on trust, trust fund;
• aufgebrauchtes Geld spent money;
• aufgenommene Gelder borrowed funds, borrowings, debts, accounts payable (US);
• aufgewandte Gelder money employed;
• in den Ferien ausgegebenes Geld holiday expenses;
• ausgeliehenes Geld money lent;
• an Kunden ausgeliehene Gelder (Bilanz) advances against customers;
• ausgezahltes Geld cash disbursements;
• ausstehendes Geld money due, outstanding money, outstandings;
• ausstehende Gelder outstanding debts, outs, accounts receivable (US);
• bares Geld [spot] cash, present (dry, ready, cash, US) money, ready coin (cash), specie, money down (sl.);
• auf dem Transport (unterwegs) befindliches Geld bullion in transit, money in the post (Br.) (mail, US);
• befristete Gelder tied-up funds, lockup (Br.) time deposits (US);
• benötigte Gelder necessary funds;
• bereitliegendes Geld cash in hand;
• vom Parlament bewilligte Gelder money provided by Parliament (Br.);
• billiges Geld cheap (light, easy[-terms]) money;
• ein bisschen Geld a little money;
• brachliegendes Geld dead money, money paying no interest (lying idle);
• brachliegende Gelder idle funds;
• durchlaufende Gelder cash in transit;
• eigenes Geld own money;
• eingeforene Gelder blocked funds, frozen money;
• eingegangene Gelder [cash] receipts, takings;
• eingehende Gelder money pouring (coming) in, receipt of money, receipts, takings;
• eingesammeltes Geld purse;
• mittels Zwangsvollstreckung eingetriebenes Geld money made;
• eingezahltes Geld deposit;
• einlaufende Geld receipts;
• einzelnes Geld loose change (money);
• erspartes Geld money put aside;
• erspartes (erübrigtes) Geld savings, spare money;
• fakultatives Geld facultative money;
• täglich fälliges Geld money at (on) call, money at short notice (Br.), call (day-to-day) money (Br.), money on current account, sight (demand, US) deposit;
• falsches Geld counterfeit coin (money), bad (Br.) (bogus, base, Br.) money;
• festes Geld time loan (US) (money), deposit account (US), fixed (time) deposit (US);
• festgelegte (festliegende) Gelder tied-up funds, immobilized money, lockup (Br.), time deposits (US);
• flüssige Gelder available capital (funds), funds in hand, disposable funds, ready money, liquid funds (assets), cash, liquid resources, spare capital;
• fremde Gelder trust money, (Bankbilanz) funds from outside sources, third-party funds, deposit by customers;
• gangbares Geld current (good) money;
• mein ganzes Geld the whole of my money;
• gefälschtes Geld counterfeit coin (money), counterfeits, bad (base, Br.) money;
• gefundenes Geld windfall;
• gehortetes Geld inactive money;
• geliehenes Geld borrowed money;
• gepumptes Geld touch (sl.);
• aus dem Verkehr (Umlauf) gezogenes Geld money withdrawn from circulation;
• hartes Geld hard currency, coin[ed] money, hard (US) (solid) cash, specie;
• heißes Geld hot money, refugee capital;
• herausgegebenes Geld change, small coin;
• hinausgeworfenes Geld money down the drain, wasted money;
• hinterlegtes Geld trust money;
• gerichtlich hinterlegtes Geld cash under the control of the (money in) court;
• investiertes Geld capital invested;
• irreguläres Geld non-standard money;
• konvertierbares Geld convertible money;
• frei konvertierbares Geld hard money;
• täglich kündbares Geld money at call, call (day-to-day) money (Br.), demand deposits (US);
• kursierendes Geld current money;
• kurzfristig kündbare (kurzfristige) Gelder money on (at) short notice, demand deposits (US), short-term loans (US);
• langfristige Gelder time money (loan, deposit, US), call (long-term, US) money, street (long-term, demand, US) loans, deposit accounts (US);
• leichteres Geld easier money;
• ungeheure Menge Geld enormous amount of money;
• mündelsichere Gelder trustee investment (Br.), trust fund (US);
• nachbewilligte Gelder additional funds;
• öffentliche Gelder public monies (funds, Br.), the public purse;
• originäres Geld primary money;
• gerade passendes Geld even money;
• privates Geld private funds;
• restliches (überzähliges) Geld odd money;
• schlechtes Geld counterfeit money, base coin;
• schwarzes Geld black money;
• stillgelegtes Geld tied- (locked-, Br.) up money, lock-up (Br.);
• stillgelegte Gelder non-earning reserve;
• tägliches Geld demand loan (deposit, money) (US), sight deposit, call loan (money, Br.), overnight credit, day-to-day money (Br.);
• teures Geld dear (close, tight, high, US) money;
• überschüssiges Geld surplus money;
• postalisch überwiesenes Geld postal money;
• telegrafisch überwiesenes Geld telegraphic money;
• überzähliges Geld overpayment, payment in excess;
• übriges Geld spare cash;
• mein übriges Geld the rest of my money;
• umlaufendes Geld current (effective) money, currency;
• ungültiges Geld money that is no longer current;
• unverzinsliche Gelder dormant funds;
• im Drogenhandel verdientes Geld drug money;
• leicht verdientes Geld easy money, money easily earned, money for jam (Br. sl.) (for old rope, sl.), soft (sl.);
• sauer (schwer, mühsam) verdientes Geld hard earnings, hard-earned money, tough buck (sl.);
• schnell verdientes Geld fast buck (US sl.), turkey (sl.);
• vereinnahmtes und verausgabtes Geld money received and expended;
• jederzeit verfügbare Gelder money on hand, floating money, disposable funds;
• tatsächlich verfügbares Geld effective money supply;
• von einer Bank verwaltete Gelder banker’s (bank) funds;
• treuhänderisch verwaltetes (verwahrtes) Geld trustee investment (Br.), trust funds;
• viel Geld plenty (good deal) of money;
• sehr viel Geld no end of money;
• vollwertiges Geld sterling money;
• weggeworfenes Geld money thrown away;
• wertbeständiges Geld store-of-value money;
• restlos zurückgezahltes Geld money refunded in full;
• Geld auf Abruf (auf tägliche Kündigung) call loan (money, Br.), day-to-day loan (money) (Br.), street (demand, US) loan, money at call;
• Brief und Geld (Börse) bills and money, bid and asked, bids and offers, sellers and buyers;
• mehr Geld als Brief (Kursbericht) more buyers than sellers, buyer’s market (over, Br.);
• Geld wie Heu (Mist) oodles of money;
• Geld in der Ladenkasse till money;
• Gelder mit Laufzeit time deposits;
• Geld und sofort fällige Staatsbankguthaben treasury cash;
• Geld der Steuerzahler taxpayers’ money;
• Geld in der Tasche shot in the locker (coll.);
• Geld mit gleich bleibendem Wert stable money;
• Geld auf eine Woche weekly fixtures;
• Geld mit Zwangskurs legal tender, lawful money (US);
• Geld-aus-der-Tasche-ziehen shakedown (US sl.);
• Geld sparend money-saving;
• Geld verdienend money-making;
• Geld abheben to [with]draw money;
• Geld von der Bank (seinem Bankkonto) abheben to draw money from the bank;
• Geld mittels Scheck abheben to check out (US);
• jem. Geld abknöpfen to stint s. o. of money, to squeeze money out of s. o.;
• jem. sein Geld bis zum letzten Heller abnehmen to fleece s. o. of every halfpenny;
• Geld abzweigen to divert money;
• jem. Geld anbieten to offer s. o. money;
• j. um Geld angehen to draw on s. o. for money;
• j. fortlaufend um Geld angehen to keep at s. o. with appeals for money;
• j. um Geld anhauen to touch s. o. for s. th. (sl.);
• Geld anlegen to embark money, to put money out, to invest funds, to make an investment;
• sein Geld in Aktien anlegen to invest one’s money in stocks and shares;
• sein ganzes Geld in Büchern anlegen to spend a small fortune on books;
• sein Geld falsch anlegen to misemploy one’s money;
• Geld fest anlegen to place money on deposit;
• sein Geld in Grundstücken anlegen to invest one’s money (make investments) in real estate;
• sein Geld gut anlegen to invest one’s money to good account, to get good value for one’s money (coll.);
• Geld im Hausbesitz anlegen to put money into houses;
• sein Geld klug anlegen to bestow one’s money wisely;
• sein Geld nutzbringend anlegen to lay out one’s money profitably;
• sein Geld in mündelsicheren Papieren anlegen to invest one’s money in a safe stock;
• Geld in Rentenwerten anlegen to sink money in an annuity;
• sein Geld schlecht anlegen to make bad use of one’s money;
• Geld auf Sparkonten anlegen to place money in savings accounts;
• Geld spekulativ anlegen to venture money in a speculation;
• Geld in Staatsanleihen (Staatspapieren) anlegen to fund (Br.);
• Geld vernünftig anlegen to put money to good use;
• Geld verzinslich anlegen to put one’s money out at interest;
• sein Geld vorteilhaft anlegen to lay out one’s money to advantage;
• Geld zinsbringend anlegen to place money on interest;
• um Geld anpumpen to touch (pump) for money (sl.);
• sein Geld einer Bank anvertrauen to give money to the bank for safe-keeping;
• Geld anweisen to remit money;
• Geld aufbringen to put up funds, to put up (borrow, raise, take up) money, to raise cash, to finance;
• Geld für ein Unternehmen aufbringen to put up the money for an undertaking;
• Geld durch Zeichnung aufbringen to raise funds by subscriptions;
• Geld aufnehmen to borrow (raise, take up) money, to take the rate;
• Geld auf ein Grundstück aufnehmen to raise money on an estate;
• Geld gegen hypothekarische Sicherheiten aufnehmen to borrow on a mortgage;
• Geld gegen Verpfändung der Anlagenwerte aufnehmen to raise money on the security of the assets;
• Geld auftreiben to raise (scare up, US coll.) money, to raise cash, to finance;
• Geld für ein Unternehmen auftreiben to find the money for an undertaking, to finance an institution;
• Geld für j. aufwenden to spend money on s. o.;
• Geld aufzählen to count up money;
• Geld ausgeben to lay out (spend) money;
• sein ganzes Geld ausgeben to go through all one’s money;
• eine Menge Geld ausgeben to spend lots of money;
• scheffelweise Geld ausgeben to squander away money, to be off on a spending spree, to spend money like water;
• verschwenderisch Geld ausgeben to spend lavishly;
• wenig Geld für sein Auto ausgeben to run a car at small cost;
• öffentliche Gelder bestimmungsgemäß ausgeben to use public money only for legitimate purposes;
• viel Geld für Bücher ausgeben to spend a small fortune on books;
• Geld falsch ausgeben to misspend money;
• Geld mit vollen Händen (hemmungslos) ausgeben to go the paces, to be on a big spending binge, to be off on a spending spree, to make the money fly, to spend money with both hands (without stint, like water);
• Geld leicht ausgeben to spend money with a free hand;
• sein Geld für nichts und wieder nichts ausgeben to throw away one’s money for nothing;
• Geld spekulativ ausgeben to venture money in speculation;
• sein Geld umsonst ausgeben to spend one’s money for no purpose;
• viel Geld für Werbung ausgeben to advertise in a big way;
• jem. mit Geld aushelfen to aid s. o. with money;
• mit seinem Geld auskommen to live within one’s means;
• mit wenig Geld auskommen to live on little money;
• Geld ausleihen to lend money, to put money out to loan;
• Geld auf Bodmerei ausleihen to lend money on bottomry;
• Geld gegen Sicherheiten ausleihen to lend money on security;
• Geld auf Zinsen ausleihen to put out money (borrow) at interest, to place money on interest;
• Geld zinsfrei ausleihen to lend money free of interest;
• Geld ausspucken to spill money (fam.);
• jem. gegen Vorlage seines Personalausweises Geld auszahlen to pay s. o. a sum upon submission of proof of identity;
• sich um Geld balgen to scramble for money;
• restliches Geld behalten to keep the odd money;
• Teil des Geldes behalten to retain part of the money;
• Geld beiseiteschaffen to finance money away;
• für sein Geld etw. [Gleichwertiges] bekommen to get one’s money’s-worth;
• etw. für sein Geld geboten bekommen to have a run for one’s money;
• von jem. keinen Pfennig Geld bekommen not to see the colo(u)r of s. one’s money;
• Verfügungsgewalt über sein Geld bekommen to come into one’s own money;
• Geld abgezählt bereithalten no change given;
• Geld bereitstellen to finance;
• öffentliche Gelder bereitstellen to make the necessary public funds available;
• Geld beschaffen to furnish (procure) money, to provide funds;
• das erforderliche Geld beschaffen (auftreiben) to find the money;
• jem. Geld besorgen to provide s. o. with money;
• aus lauter Geld bestehen to be made of money;
• j. um sein ganzes Geld betrügen to fleece s. o. of (jockey, do s. o. out of) all his money;
• Geld bewilligen to grant money, (parl.) to vote supplies (funds);
• jem. für sein Geld etw. bieten to give s. o. a run for his money;
• j. eilig um Geld bitten to rush s. o. for money;
• j. um sein Geld bringen to relieve s. o. of his money;
• j. um sein ganzes Geld bringen to bilk s. o. out of his money;
• das große Geld bringen to bring in big money;
• Geld unter die Leute bringen to put money into circulation;
• Geld in Verkehr bringen to pass the coin;
• Geld bei einer Bank deponieren to deposit money with a bank;
• Geld durchbringen to waste money;
• Geld einfordern to demand payment;
• Geld einkassieren to pocket cash;
• Geld einnehmen to receive money;
• Geld einschießen to give in, to put into, to contribute capital;
• Geld in den Wirtschaftskreislauf einschleusen to pump money into the economic system;
• mit Geld einspringen to chip in (US);
• Geld einstecken (einstreichen) to pocket money;
• sich sein Geld sehr genau einteilen to make a penny go a long way;
• Geld eintreiben to enforce payment, to recover a debt;
• Geld bei einer Bank einzahlen to put money in[to] (deposit money with) a bank;
• Geld auf ein Konto einzahlen to pay money into an account;
• schlechtes Geld einziehen to call in coins;
• seine Gelder einziehen to call in one’s money;
• Geld durch Zahlkarte überwiesen erhalten to be paid out in cash by the postman;
• Geld erheben to raise money;
• Geld auf betrügerische Weise erlangen to get money by fraud;
• j. um sein Geld erleichtern to part s. o. from his money;
• Geld erpressen to ramp (Br. sl.);
• gestohlenes Geld ersetzen to replace stolen money;
• im Geld ersticken to be rolling in money;
• aus öffentlichen Geldern fördern to subsidize;
• gesperrte Gelder freigeben to release funds;
• Geld auf Bodmerei geben to advance money on bottomry;
• ins Geld gehen to run into money (coll.);
• erheblich ins Geld gehen to run into large amounts;
• mit seinem Geld geizen to be very near with one’s money;
• Geld haben to be worth money (in stock, in cash);
• dicke Gelder haben to have a fat income;
• eigenes Geld haben to have money of one’s own;
• genügend Geld haben to have money in sufficiency;
• nicht genügend Geld haben to feel the need of money;
• haufenweise Geld (Geld wie Heu, Mist) haben to have scads (lots, coll., piles, coll.) of money, to be simply coining money, to have money to burn, to have money galore;
• kaum Geld haben to be hard up [for money];
• kein (Mangel an) Geld haben to get aground, to be short of stuff (pressed for funds);
• massenhaft Geld haben to have loads (scads, US) of money;
• scheffelweise Geld haben to have lots of money (coll.);
• Taschen voller Geld haben to have one’s pockets full of money;
• Unmenge Geld (unermessliche Geld er) haben to have lots (a pot) of money;
• viel Geld haben to have a large income;
• sehr wenig Geld haben to have very little money;
• für sein Geld etw. haben to have a run for one’s money;
• Geld bei sich haben to have (carry) money on one;
• kein Geld bei sich haben not to have any money on one, to have no cash on o. s.;
• sein Geld gut angelegt haben to get good value for one’s money;
• Geld in Staatspapieren angelegt haben to have money in the funds (Br.);
• Geld ausstehen haben to have money owing;
• Geld auf der Bank haben to have funds with (money in) a bank;
• genügend Geld zum Bauen haben to have ample means for building;
• etw. Geld beiseite gelegt haben to have a little money in reserve;
• schönes Stück Geld gespart haben to have saved a nice bit of money;
• Geld in der Kasse haben to have cash in hand;
• Geld bei jem. stehen haben to have money lodged with s. o.;
• Geld bei einer Bank stehen haben to keep money at a bank;
• Geld im Überfluss haben to have scads (lots, piles) of money, to have money to burn;
• Geld zur Verfügung haben to have money at one’s disposal;
• viel Geld zur Verfügung haben to have a big bankroll;
• so viel Geld zur Verfügung haben to have so much money in hand;
• Geld zurückgelegt haben to have money laid aside (put by);
• Geld zu jds. Verfügung halten to hold money to s. one’s order;
• am Geld hängen to be a slave to money;
• nach Geld heiraten to marry money;
• Geld herausbekommen to get change;
• Geld herausgeben to give change;
• Geld aus jem. herausholen to get money out of s. o.;
• Geld aus jem. herauskitzeln (herauslocken) to elicit (entice, worm) money out of s. o.;
• Geld aus jem. herauspressen to wring money out of s. o.;
• Geld herausrücken to part with one’s money, to fork out, to cough up (sl.);
• Geld bei jem. herausschinden to extract money from s. o.;
• Geld aus etw. herausschlagen to make money out of s. th.;
• Geld zum Fenster herauswerfen to throw money down the drain;
• Geld aus einem Geschäft herausziehen to withdraw money from a business;
• Geld herbeischaffen to raise money;
• sein ganzes Geld hergeben to part with all one’s money;
• mit seinem Geld nur so herumschmeißen to play ducks and drakes with one’s money;
• Satz für tägliches Geld hinaufsetzen to mark up call money (US);
• sein Geld mit beiden Händen zum Fenster hinauswerfen to throw money down the drain;
• Geld hineinstecken to embark money;
• Geld bei jem. hinterlegen to lodge (deposit) money with s. o.;
• Geld bei einer Bank hinterlegen to place money on deposit with a bank;
• Geld bei Gericht hinterlegen to bring money into the court;
• Geld horten to hoard money;
• Geld investieren to invest capital;
• Geld in Häusern investieren to put money into houses;
• für billiges Geld kaufen to buy at a moderate price;
• mit Geld klimpern to chink;
• mit dem Geld knausern to stint money;
• um sein Geld kommen to lose one’s money;
• plötzlich zu Geld kommen to strike a lead (it rich);
• plötzlich zu viel Geld kommen to come into the big money;
• schnell zu Geld kommen to make a quick buck (sl.);
• schwer Geld auftreiben können to be hard set to find money;
• sich von seinem Geld schwer trennen können not to like to part with one’s money;
• nicht mit Geld umgehen können not to know how to handle money;
• Geld kosten to require money;
• Haufen Geld kosten to cost a packet of money;
• heilloses Geld kosten to cost an unholy amount of money;
• schweres Geld kosten to cost a great deal of money, to cost a lot (pot) of money;
• j. schweres Geld kosten to be a heavy burden on s. o.;
• anständige Stange (schönes Stück) Geld kosten (fam.) to run to (cost) a pretty penny, to come to a deal of money;
• sein Geld arbeiten lassen to put one’s money out at interest;
• sein Geld nicht arbeiten lassen to let one’s money lie idle;
• j. um sein Geld betteln lassen to let s. o. whistle for his money;
• Geld springen lassen to bleed well (sl.);
• sehr ins Geld laufen to run into very large sums;
• von seinem Geld leben to live on one’s capital;
• Geld auf die Bank legen to put money in[to] a bank;
• Geld auf die hohe Kante legen to put money by;
• Geld auf den Tisch legen to put down the money (fam.);
• Geld leihen (jem.) to loan (lend) money, (von jem.) to borrow [money];
• sein Geld loswerden to get rid of one’s money, to drop money (US sl.);
• Geld machen to make money;
• zu Geld machen to convert (turn) into cash, to turn (run) into money, to coin;
• Geld flüssig machen to ease money free;
• Geld locker machen to spring money (Br. coll.);
• aus seinem Geld mehr machen to manage one’s money more effectively;
• Geld nachschießen to pay an additional amount (sum);
• gutes Geld schlechtem Geld nachwerfen (hinterherwerfen) to throw good money after bad (coll.);
• herausgegebenes Geld nachzählen to count one’s change;
• Geld aus der Ladenkasse nehmen to take money from the till;
• bei Freunden hemmungslos Geld pumpen to feel no qualms about borrowing money from friends;
• Geld reinbuttern to kick in (sl.);
• Geld zu einem bestimmten Zweck sammeln to make up a purse;
• Geld für wohltätige Zwecke sammeln to canvass on (Br.) (in, US) behalf of charity;
• Geld auf die Seite schaffen to finance money away;
• Geld scheffeln to coin (coll.) (scoop up) money, to be simply coining money (Br.);
• monatlich Geld nach Hause schicken to remit money home each month;
• mit dem Geld nur so um sich schmeißen to scatter money broadcast, to fling one’s money about, to blow one’s money (sl.);
• [sein] Geld aus dem Fenster schmeißen to fling one’s money out of the window, to throw money down the drain;
• Geld schöpfen to create money;
• Geld schulden to owe money;
• viel Geld schulden to be involved in debts;
• im Geld [nur so] schwimmen to be rolling in cash (money, wealth, coll.), to bucket money, to have loads of money;
• bei Geld sein to be flush of money (in funds), to be in cash (the chips, sl.);
• knapp bei Gelde sein to be hard up (in low water), to be short of money;
• nicht bei Geld sein to be out of cash (funds);
• scharf aufs Geld aus sein to be keen on money making;
• völlig ohne Geld sein to be penniless (broke);
• aufs Geld aus sein to be after (out for) money, to be on the make (sl.);
• nicht mit Geld zu bezahlen sein to be worth its weight in gold;
• mit Geld freigebig sein to be open-handed with money;
• mit Geld reichlich (wohl) versehen sein to have a well-lined purse, to be flush of money;
• Geld sparen to save money;
• um Geld spielen to play for money, to game;
• Geld in ein Geschäft stecken to put capital into a business;
• sein Geld ins Geschäft stecken to lock up one’s cash in one’s trade;
• sein ganzes Geld ins Geschäft stecken to sink all one’s money in the concern;
• enorm viel Geld in sein Geschäft stecken to spend a fortune over one’s business;
• Geld aus der Ladekasse stehlen to abstract money from a till;
• Geld für ein Unternehmen zur Verfügung stellen to put up money for an undertaking;
• nach Geld stinken to stink of money (sl.);
• sich Geld in die Taschen stopfen to shove money into one’s pocket;
• viel Geld zu verdienen suchen to go in for money;
• sein letztes Geld mit jem. teilen to share one’s last crust with s. o.;
• Geld zur Sparkasse tragen to put money into the savings bank;
• Geld unmittelbar übergeben to hand over the money direct;
• Geld überweisen to transmit (transfer) money;
• jem. Geld überweisen to put s. o. in cash, to send s. o. a remittance;
• telegrafisch Geld überweisen to transfer money by cable;
• großzügig mit fremden Geld umgehen to be generous with other people’s property;
• leichtsinnig mit Vaters Geld umgehen to play fast and loose with father’s money;
• sorglos mit seinem Geld umgehen to be very flush with one’s money;
• sparsam mit seinem Geld umgehen to husband one’s money
• [fremdes] Geld umrechnen to reduce money;
• in [bares] Geld umsetzen to turn into money (cash), to realize;
• sein Geld dreimal jährlich umsetzen to turn one’s money three times a year;
• Geld ohne zusätzliche Gebühren gegen die landesübliche Währung umtauschen to change the currency without having to pay an extra charge;
• falsches Geld unterbringen to fob off false coin;
• Geld unterschlagen to convert money to one’s own use;
• öffentliche Gelder unterschlagen (veruntreuen) to misappropriate public funds, to misapply public money;
• j. mit Geld unterstützen to assist s. o. with money;
• Geld verauslagen to disburse money;
• Geld verdienen to make money;
• Haufen Geld verdienen to make stacks of money;
• schweres Geld verdienen to earn big (heavy) money, to line one’s pocket, to make money hand over fist;
• schöne Stange Geld verdienen to make piles of money;
• an einer Sache ein schönes Stück Geld verdienen to make a pretty penny out of s. th.;
• viel Geld verdienen to earn big money, to have a large income, to do well;
• enorm viel Geld verdienen to be simply coining money;
• auf einen Schlag viel Geld verdienen to earn a lot of money in one scoop;
• sein Geld auf anständige Art und Weise (ehrlich) verdienen to turn an honest penny;
• Geld wie Heu (Mist) verdienen to be simply coining money, to make money hand over fist;
• Geld vereinnahmen to receive money;
• Geld vergeuden to trifle away one’s money;
• schrankenlos Geld verleihen to lend money without limits;
• Geld bei etw. verlieren to lose money on s. th;
• bei etw. sehr viel Geld verlieren to drop a lot of money;
• jem. sein ganzes Geld vermachen to leave one’s money to s. o.;
• sein Geld verplempern to muddle away one’s money;
• Geld verpulvern to blow money (sl.);
• sich Geld verschaffen to procure money;
• sich Geld durch Betrug verschaffen to obtain money by fraud;
• sich das nötige Geld verschaffen to raise the wind (fam.);
• sein Geld verschleudern to make pots and pans of one’s property, to throw one’s money about;
• viel Geld verschlingen to cost a mint of money;
• j. mit Geld versehen to keep s. o. in money, to supply s. o. with funds, to finance s. o.;
• sein Geld verspekulieren to finance one’s money away (US);
• Geld gleichmäßig verteilen to divide money equally;
• sein Geld gut verwenden to make good use of one’s money;
• jem. sein Geld vorenthalten to keep s. o. out of money;
• Geld vorschießen (vorstrecken) to advance money;
• Geld für einen Hausbau vorsehen to destine money to build a house;
• jem. Geld vorzählen to count money before s. o.;
• ausländisches Geld wechseln to change foreign currency;
• von allen Leuten (Seiten) um Geld angegangen werden to be pressed for money from all quarters;
• mit Geld nur so um sich werfen to fling one’s money about, to throw money about like dirt;
• sein Geld auf die Straße werfen to throw money down the drain;
• sein Geld nicht wiederbekommen to be put out of pocket;
• für sein Geld etw. haben wollen to want one’s money’s-worth;
• im Gelde wühlen to be wallowing (rolling) in money;
• in barem Geld zahlen to pay in cash;
• in deutschem Geld zahlen to pay in German money;
• sein Geld zählen to tell one’s money (US);
• jem. Geld aus der Tasche ziehen to relieve s. o. of his money, to shake s. o. down (US sl.);
• Geld seiner Zweckbestimmung zuführen to appropriate money;
• sein Geld zurückbekommen to recover (get back) one’s money;
• Geld an den Eigentümer zurückgeben to restore (refund) money to the owner;
• zu viel gezahltes Geld zurückgeben to return an overpaid amount;
• schönes Stück Geld zurücklegen to put a good deal of money aside;
• Geld für unvorhergesehene Ereignisse zurücklegen to reserve money for unforeseen contingencies, to put aside for a rainy day;
• sein Geld zurückverlangen to want [to get] one’s money back;
• sein Geld zusammenhalten to take care of one’s money;
• Geld zusammenkratzen to scrape up a sum of money, to scratch together, to scramble up money;
• ein bisschen Geld zusammenkratzen to rake together a little money;
• Geld zusammenscharren to scramble up money;
• sein Geld zusammenwerfen to pool one’s resources;
• Geld zuschießen to contribute money;
• Gelder zweckbestimmen to earmark funds;
• Gelder zweckentfremden (anderen als den vorhergesehenen Zwecken zuführen) to alienate funds from their proper destination;
• Geld gesucht (Kurszettel) wanted, inquired matter;
• ohne Geld geht nichts money talks;
• damit kann man viel Geld verdienen there is money in it;
• Geld spielt keine Rolle, auf Geld wird nicht gesehen (Anzeige) money is no object;
• Geldabfindung monetary indemnity, pecuniary compensation (satisfaction), cash settlement;
• Geldabfluss drain of money, efflux of funds;
• Geldabfluss zu einer Flut anschwellen lassen to turn the outflow of money into a flood;
• Geldabhebung draft [of money], withdrawal of [a sum of] money, drawing, cashing;
• Geldabschöpfung absorption of purchasing power;
• kreditäre Geldabschöpfung creation of currency (money);
• Geldabwertung devaluation (devalorization) of the currency;
• Geldabzug drain of money;
• Geldadel moneyed aristocracy, plutocracy.
herbeischaffen, Geld
to raise funds (the wind, sl.).
vorstrecken, Geld
to advance money.
zusammenkratzen, Geld
to scrape up a sum of money;
• Pfennige zusammenkratzen to scrabble the pennies together.
zusammenschießen, Geld
to club together;
• Gelder (Kapitalien) zusammenschießen to pool funds;
• sein Kapital zusammenschießen to join stock with s. o.
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