VOCABULARY A

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abide by
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to obey an order or rule
abstain
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to refrain from doing sth
acceptance
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one of the required elements of a contract where one party agrees to what is offered by the other party
accrue
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to accumulate sth over a period of time
act of god
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a natural disaster that no one could predict such as a hurricane or a flood
adjourn
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to stop a meeting or a court hearing for a break or to postpone a legal hearing until another date in the future
advance
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to give someone money before they should receive it, such as part of their salary
allege
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to state that sth has happened or that sth is true even though it has not yet been proved
arbitration
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the settling of a dispute by a third party
arrears
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money that is owed to someone but has not been paid on the agreed date
articles of association
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the document that specifies the way in which a company regulates its affairs
assign
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to give or to transfer the ownership of sth
auditor
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a person who closely examines the finance of a company
award
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to decide in an official capacity the amount of money that should be given to someone

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