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BCOM-5/BUSINESS COMMUNICATION Unit: IV(B)  *WORDS USED IN BUSINESS CORRESPONDENCE*  👇   (01)Agenda: An agenda is a list of meeting activities in the order in which they are to be taken up, beginning with the call to order and ending with adjournment. It usually includes one or more specific items of business to be acted upon. It may, but is not required to, include specific times for one or more activities. (02)Backlog: 👇 (03)Bankruptcy:  Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term bankruptcy is therefore not a synonym for insolvency.   (04)Beneficiary: A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefi...
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