This glossary contains different term related to business, accounting, and management.
Accountant
Noum
A person whose job is to keep, inspect, and analyse financial accounts.
Example: Michael Storfer (Director)- an investor of Fresh Breath and an experienced chartered accountant.
en: Comptable
Accounting software
Noum
Accounting software is software that does various accounting and bookkeeping tasks. It stores a business's financial data, and is often used to perform business transactions. Accounting software also offers useful tools like invoicing, bill payment, payroll, and financial reporting.
Example: He has been involved in designing accounting software, so there will be no dependence on outside accountants. has also been involved with till software, making him the perfect person to get Emo-tion up and trading quickly. and will be using £6000 of their own money to get Emo-tion started, showing a large commitment to the company.
en: Logiciel comptable
Administrator
Noum
A person responsible for running a business, organization, etc.
Example: The FamRelief rich picture was important in showing the communication breakdowns and the conflict areas with particular relationships e.g. between the District Manager and the Regional administrator.
en: Gestionnaire
Asset
Noum
Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Example: In reality, firm's hold risky as well as risk less debt and assuming a debt beta of 0 would not provide an accurate estimation of the firm's asset beta.
en: Actif
Balance sheet
Noum
A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
Example: However, it is used as more "reliable guide to the liquidity of a business than the current assets held at the balance sheet date".
en: Bilan
Bureaucratic
Noum
Relating to the business of running an organization, or government.
Example: It must be noted that the Greek authorities only allow the study of published material and there are considerable bureaucratic processes involved in gaining access to archaeological finds.
en: Bureaucratique
Customer
Noum
A person or organization that buys goods or services from a store or business.
Example: The key concerns in start-ups are non-financial measures such as website hits, customer base and the commitment of the founders.
en: Client
Income statement
Noum
An income statement is a financial statement that shows you the company's income and expenditures. The income statement focuses on four key items—revenue, expenses, gains, and losses.
Example: The three main financial statements are the Balance Sheet, the Cash Flow statement, and the income statement.
en: État des résultats
Investor
Noum
A person or organization that puts money into financial plans, property, etc. with the expectation of achieving a profit.
Example: This case concerned a claim for financial loss which resulted when an investor relied on published report that had been prepared negligently by the defendant.
en: Investisseur
Journal
Noum
A journal is a detailed account that records all the financial transactions of a business, to be used for the future reconciling of accounts and the transfer of information to other official accounting records, such as the general ledger.
Example: Each transaction is recorded in two columns, debit and credit. For example, if you purchase a piece of equipment with cash, the two transactions are recorded in a journal entry.
en: Grand-livre
Liabilities
Noum
The state of being responsible for something, especially by law or a thing for which someone is responsible, especially a debt or financial obligation.
Example: Jolly SU has no loan history and therefore has no liabilities in the form of loan repayments.
en: Passif
Management
Noum
Management means directing and controlling a group of people or an organization to reach a goal.
Example: The use of these reserves to finance infrastructure may lead to monetary management problems. 2) Tarapore, S.S. 2003.
en: Gestion
Marketplace
Noum
The arena of competitive or commercial dealings; the world of trade.
Example: onclusion Supply and demand interact in the marketplace, and will allocate land resources according to 'the most profitable use relative to other land resources.'(Harvey and Jowsey, 2004) The equilibrium price will be the price at which suppliers are willing to produce and buyers are willing to pay.
en: Marché
Meeting
Noum
A meeting is a gathering of two or more people that has been convened for the purpose of achieving a common goal through verbal interaction, such as sharing information or reaching agreement.
Example: It has been suggested that this may be looked upon as being an opportunity of going out and meeting people, providing them with more of an incentive.
en: Réunion
Purchase
Noum
A purchase means to take possession of a given asset, property, item or right by paying a predetermined amount of money for the transaction to be completed successfully. In other words, its' an exchange of money for a particular good or service.
Example: Allocate purchase prices of past acquisitions with existing goodwill to those units.
en: Achat
Sales
Noum
Sales is a term used to describe the activities that lead to the selling of goods or services.
Example: These statements help analyze the business by translating economic factors into accounting numbers like assets, sales, cash flows and earnings.
en: Vente
Shareholder equity
Noum
Shareholders' equity (or business net worth) shows how much the owners of a company have invested in the business—either by investing money in it or by retaining earnings over time.
Example: Having more liabilities than shareholder equity is not favorable from a shareholders perspective; the higher liabilities show that the company is relying heavily on debt financing.
en: Capitaux propre
Stock exchange
Noum
A stock exchange, share market or bourse is a place where people meet to buy and sell shares of company stock.
Example: Finally, as Allisgood plc is the smallest company by market capitalisation (low number of shares or low share price) on London stock exchange, it implies that raising a high amount of capital is difficult using this method.
en: Bourse
Supplier
Noum
A supplier is an entity that supplies goods and services to another organization.
Example: A pure monopoly, which is a single supplier to a market, will not reach this outcome, unlike perfect competition that is synonymous with efficiency.
en: Fournisseur
Tax advisor
Noum
A tax advisor is a financial expert with advanced training and knowledge of tax accounting and tax law. The services of a tax advisor are usually retained in order to minimize taxes payable while remaining compliant with the law in complicated financial situations.
Example: A tax advisor’s dealings with a company looking to merge with or acquire another company may vary from their professional relationship with an estate executor seeking to minimize estate taxes.
