GmbH & AG

September 19, 2008 By Leave a Comment

GmbH stands for Gesellschaft mit beschränkter Haftung.  It is one of the possible ways to register a company in Germany.

Companies that are formed as GmbH have one or more Geschäftsführer.  They have a limited liability which is declared when the company is founded and entered into the Handelsregister.

AG stands for Aktiengesellschaft.  It is another way to register a company in Germany.  It is roughly equivalent to a PLC (public limited company) in the UK, or a Corporation in the USA.

An AG has a Vorstand and an Aufsichtsrat – the board of directory and the supervisory board.

To hear a simple explanation and a short discussion in German, listen to the podcast:

(Press the “play” button to listen to the podcast)

Download the MP3 file | Subscribe to the podcast

Filed Under: Abbreviations, German Words Explained, Podcasts Tagged With: , , , , , ,

ZDfB

September 18, 2008 By Leave a Comment

ZDfB stands for Zertifikat Deutsch für den Beruf.  It is set at the B2 level on the European scale of language learning and is intended for adult learners.

The vocabulary that is taught is aimed more towards words that would be used in an office or in industry, although at a moderate level.  As such someone with ZDfB could make telephone calls or write correspondence, but it is not the highest level that may be required for more qualified jobs.

To hear a simple explanation and a short discussion in German, listen to the podcast:

(Press the “play” button to listen to the podcast)

Download the MP3 file | Subscribe to the podcast

Filed Under: German Words Explained, Learning German, Podcasts Tagged With: ,

BAföG

September 17, 2008 By Leave a Comment

BAföG stands for Bundesausbildungsförderungsgesetz.  The main aim of BAföG is to allow everyone in Germany the opportunity to study without having to work at the same time in order to survive financially.

It is as such a form of student loan and receiving it depends on the income available in the family (eg. parents or spouse).

Students are usually expected to repay 50% of the loan – which is currently interest free.

To hear a simple explanation and a short discussion in German, listen to the podcast:

(Press the “play” button to listen to the podcast)

Download the MP3 file | Subscribe to the podcast

Filed Under: Abbreviations, German Words Explained, Podcasts Tagged With: , ,

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