Today is the sixth class in our current thirteen-class set. We will begin with our writing assignment. Today we work on describing your company's strategy in English. 

Today's reading is about EBITDA, a finance term that has become more popular.  The vocabulary words will come from the reading. Please be able to describe them. 

Vocabulary

• depreciation- (noun) a reduction in the value of an asset with the passage of time, due in particular to wear and tear.
• amortization- (noun) is an accounting term that refers to the process of allocating the cost of an intangible asset over a period of time. It also refers to the repayment of loan principal over time.
• discretion- (noun) the quality of behaving or speaking in such a way as to avoid causing offense or revealing private information. OR the freedom to decide what should be done in a particular situation.
• metric- (noun) technical- a system or standard of measurement. (adj) of or based on the meter as a unit of length; relating to the metric system.

Click HERE for the reading material