Jan. 18, 2020
1-banknote 钞票,纸币
2-collapse 崩溃,瓦解
3-turnaround 转型;周期
De La Rue, the company that prints UK's banknotes, has said there is a risk that the firm will collapse if the turnaround plan fails to work.
4-overhead 管理费用的,经费的
The company said it was accelerating its restructuring plan, including a reduction in overhead costs.
5-bolster 提高,增强
It is also planning new banknote security feature products to bolster its position in the increasingly competitive banknote market.
6-teeter on the brink of sth 处在(灾难或危险)的边缘,濒临
De La Rue is teetering on the brink.
7-malaise 痼疾
Bad management and decisions seems to be the main reason for the malaise.
8-security-printing 防伪印刷
9-turn in 产生
10-one-off 一次性的
11-mounting 增长的,上升的
The banknote and security-printing turned in a disastrous set of numbers- a £10m operating loss, a string of one-off charges and mounting debt.
12-unprecedented 空前的,无比的
13-turmoil 动乱,骚乱
It also admits that the unprecedented turmoil at the top has not helped.
14-newish 新的
15-yeild 产生
If the revival plan put in place by the newish chief executive doesn't yield results, there will be a threat to the company being able to continue as a going concern.
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