Hi, my name is Lara Pannitti, and I am 19 years old. I have been studying Social Science - Commerce for 3 sessions at Montmorency College, in Laval. This glossary could be useful for students who are thinking about studying or are interested in business. Each word in this glossary is related to one of the different aspects of business. Indeed, the words this glossary are the vocabulary commonly used in marketing, management, finance, and accounting.
Sources: https://economictimes.indiatimes.com/definition/stock-market and Walker, Nicholas. Actively Engaged Online. 2015. Publications Bokomaru.
account
A record or statement of financial expenditure or receipts relating to a particular period or purpose.
balance sheet
A financial statement that summarizes a company's assets, liabilities and share-holders' equity at a specific point in time.
business
A person, partnership, or corporation engaged in commerce, manufacturing, or a service; profit-seeking enterprise or concern.
capital
Wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.
company
A business organization that makes, buys, or sells goods or provides services in exchange for money.
credit
The deduction of a payment made by a debtor from an amount due.
customer
A party that receives or consumes products (goods or services) and has the ability to choose between different products and suppliers.
debt
Something, typically money, that is owed or due.
entrepreneur
A person who organizes, operates, and assumes the risk for a business venture.
finance
The management of revenues; the conduct or transaction of money matters.
investment
Money committed or propriety acquired for future income.
loan
A sum of money lent with interest.
manager
Someone who is in charge of a business, department, etc.
net earnings
The total revenue in an accounting period minus all expenses during the same period.
product
Something made to be sold; merchandise.
publicity
Something that attracts the attention of the public.
share
One of the equal parts into which a company's capital is divided, entitling the holder to a portion of the profits.
stock market
A place where shares of public listed companies are traded.
trade
The activity or process of buying, selling, or exchanging goods or services.