Business Glossary

15 15 words you may use in your business activity. terms

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Banks transfer
noun
A way to pay for something without exchanging currency directly.
Example: I made a bank transfer to you for the amount owed.
fr: Virement bancaire
Branch
noun
Establishment that depends on a central headquarters, while enjoying a certain autonomy
Example: The item is available at this branch.
fr: Succursale
Competition
noun
Relationship between producers, traders who compete for customers.
Example: There is strong competition in this area.
fr: Concurrence
Conditioning
noun
What is used to pack.
Example: The conditioning works well.
fr: Conditionnement / Emballage
Cost price
noun
The cost price (or unit cost) corresponds to the sum of all the direct and indirect costs, borne by the company to produce a good or offer a service, compared to the number of goods produced or services rendered.
Example: My cost price is higher than I had expected.
fr: Coût de revient
Economies of scale
noun
Distribute costs to benefit from a better price.
Example: We will buy a lot from this supplier in order to benefit from an economy of scale.
fr: Économies d'échelle
Export diagnostic
noun
Evaluate the capacity to produce enough to be able to export.
Example: We need to assess our export capacity for these beers.
fr: Évaluation de la capacité d'exportation
Hub
noun
Important exchange point
Example: The port is a hub for the Quebec economy.
fr: Plaque tournante
Insolvency
noun and adjective
Who is unable to pay his debts.
Example: Following the government shutdown, our risk of insolvency is increasing.
fr: Insolvabilité
Loss leaders price
noun
A call price is an artificially low price which does not generally allow a profit to be made on the sale of the product in question (a call price) but which is used to generate traffic in points of sale.
Example: We will set a call price to liquidate our inventory from last year.
fr: Prix d'appel
Patent
noun
The patent protects a technical innovation, that is to say a product or a process which provides a technical solution to a given technical problem.
Example: I will patent my product in Norway.
fr: Brevet
Subcontracting
noun
Company we delegate contract
Example: This file will be subcontracted.
fr: Sous-traitance
Sufferance warehouse
noun
Place where the goods are waiting to be moved.
Example: The couches will be in the waiting warehouse for 24 hours before the carrier arrives.
fr: Entrepôt d'attente
Target market
noun
Segment of costumer we want.
Example: This group is part of my target market.
fr: Marché cible
Transport broker
noun
Someone who deals and do business to achieve cargo stuff.
Example: I must confirm with my transport broker.
fr: Courtier de transport