This glossary is for helping other students with words in the field of accounting and management.
Account payable
Noun
Amount owed to a creditor for delivered goods and completed services.
fr: Comptes fournisseurs (comptes payables)
Account receivable
Noun
Claim against a debtor for an uncollected amount, generally from a completed transaction of sales or services rendered.
fr: Comptes clients (comptes recevables)
Accountant
Noun
Person skilled in the recording and reporting of financial transactions.
fr: Comptable
Annuity
Noun
Series of payments, usually payable at specified time intervals.
fr: Annuité
Appreciation
Noun
Increase in the value of an asset such as a stock, bond, commodity, or real estate.
fr: Appréciation
Bond
Noun
One type of long term promissory note, frequently issued to the public as a security regulated under federal securities laws or state. Bonds can either be registered in the owner's name or are issued as bearer instruments.
fr: Obligations
Budget
Noun
Financial plan that serves as an estimate of future cost, revenues or both.
fr: Budget
Capitalize
Verb
Convert a schedule of income into a principal amount, called capitalized value by diving by a rate of interest.
fr: Capitaliser
Debt
Noun
General name for money, notes, bonds, goods or services which represent amounts owed.
fr: Dette
Debtor
Noun
Party owning money or other assets to a creditor.
fr: Débiteur
Discount
Noun
Reduction from the full amount of price or debt.
fr: Remise
Exchanges
Noun
Process of changing money from one currency to another.
fr: Devise (le change d'une devise)
Finance
Noun
The science of the management of money and other financial assets.