I study in the Business management. I know it can be hard sometimes to understand certain words. That's why I created a glossary to help you understand basic words. There are 20 terms that you should know if you are in the business industries. Some definition where form thebalencecareers.com
accounts payable
noun
Accounts payable is a current liability account that keeps track of money that you owe to any third party. The third parties can be banks, companies, or even someone who you borrowed money from. One common example of accounts payable are purchases made for goods or services from other companies.
Example: The balance sheet below shows ABC Co.’s accounts payable along with its other current liabilities.
fr: comptes à payer
assets
noun
An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations.
Example: On the other hand, the Current assets of the company decreased by 1% to £251.5 m (2004: £253.3 m) and, in connection with the increase of Current liabilities by 11% (from £106.6 m in 2004 to £118.1 m in 2005), this resulted in a 9% decrease of Net current assets to £133.4 m (2004: £146.7 m).
fr: actifs
balance sheet
noun
Balance Sheet is the financial statement of a company which includes assets, liabilities, equity capital, total debt, etc. at a point in time.
Example: Finally, an evaluation of the balance sheet and relevant Ratios is also taken into account.
fr: bilan
burden rate
noun
The burden rate refers to the total cost to a company for hiring and maintaining an employee beyond their direct compensation in wages. Burden rates will include items such as training, fringe benefits, sick leave, and pension contributions, among several others.
Example: To get the labor burden rate, you will divide the indirect costs by the direct cost of payroll.
fr: taux de charge
capital assets
noun
A capital asset is an item that you own for investment or personal purposes, such as stocks, bonds or stamp collections. When you sell a capital asset, you earn a capital gain or a capital loss, depending on the price.
Example: While the above classification holds true as a broad definition of a capital asset, what one company deems as such may not actually qualify under this classification for tax purposes.
fr: immobilisations
CEO
noun
A chief executive officer, the highest-ranking person in a company or other institution, ultimately responsible for making managerial decisions.
Example: China's state-owned enterprise reforms: an industrial and ceo approach.
fr: PDG
commision
noun
The word commission has several very different meanings, but in its most basic meaning, commission is the act of passing a responsibility to someone else. ... A commission is also an order for someone to do something and get paid: The artist received a commission for a new painting to hang in the building lobby.
Example: The Pastoral Land commision (CPT) reported an annual average of 367 conflicts involving 214,653 people between 1992 and 1994.
fr: commission
entrepreneur
noun
An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.
Example: Example: Common management of fields meant that it required a consensus to make a change; hence it gave the small less progressive farmers the power to hold back the initiative of the large-scale entrepreneur.
fr: Entrepreneur
fiscals
The definition of fiscal is something related to finances or public revenue. An example of fiscal is a family budget; a fiscal plan. An example of fiscal is a 12-month financial period; a fiscal year.
Example: But the stock market continues to power higher, in part because investors expect a new dose of fiscal stimulus and vaccines to goose growth.
fr: fiscaux
innovator
noun
A person who introduces new methods, ideas, or products.
Example: Disney partnered with technology innovator Pixar Studios for the hits "Toy Story" and "A Bug's Life".
fr: innovateur
interest expense
noun
An interest expense is the cost incurred by an entity for borrowed funds. ... It represents interest payable on any borrowings – bonds, loans, convertible debt or lines of credit. It is essentially calculated as the interest rate times the outstanding principal amount of the debt.
Example: Debits increase the balance of the interest expense account.
fr: frais d'intérêts
labor
noun
Labor is the amount of physical, mental, and social effort used to produce goods and services in an economy. ... In return, laborers receive a wage to buy the goods and services they don't produce themselves.
Example: The process of writing up a paper for publication for the project outcome is then merely a matter of labor.
fr: la main d'oeuvre
market
noun
A regular gathering of people for the purchase and sale of provisions, livestock, and other commodities.
Example: However, Venice was still 'the metropolitan market for a rich, densely populated area' and thus there was expansion in smaller scale and shorter distance trade, mainly in local products such as olive oil.
fr: marché
market share
noun
The portion of a market controlled by a particular company or product.
Example: Consideration will be given to why food fortification does or should happen; focussing on three areas - addressing deficiencies, ensuring the expected nutritional value of food and increasing profit market share for the food industry. examples will be included to support the arguments both for and against fortification.
fr: part de marché
net profit
noun
The actual profit after working expenses not included in the calculation of gross profit have been paid.
Example: In the first year, a net profit before tax of £25,465 is predicted.
fr: bénéfice net
offering
noun
A thing offered, especially as a gift or contribution.
Example: The knowledge we gain from sensory experience may be valued by Parmenides as offering a different insight to that of reason.
fr: offre
partnership
noun
A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits. ... In particular, in a partnership business, all partners share liabilities and profits equally, while in others, partners have limited liability.
Example: Interview with Andy Thomas, Anti-Social Behaviour Manager with the Derby Crime and Disorder Reduction partnership, 05 November 2003, at question 2. [4]
c.f.
fr: partenariat
PEST analysis
noun
PEST Analysis is a strategic. Read all CFI articles and resources on business and corporate strategy, important concepts for financial analysts to incorporate in their financial modeling and analysis. ... Below we break down each of the 4 Factors of PEST – Political, Economic, Social, Technological.
Example: General Environment The General environment is also known as the pest analysis as it studies the Political, Economic, Socio-cultural and Technological factors that affect a business and it goes as follows: - Political - Measures introduced by the Government and the EU such as the Common Agricultural Policy and Single Farm Payment.
fr: Analyse PEST
success requirements
noun
Success requirements are the factors that influence whether or not a SaaS business is successful in achieving its strategic and financial goals. ... From the very first day of a new business venture, there are factors in play that influence the chances of that business becoming a success.
Example: Naturally, these success requirements differ across industries, so let’s zero in on those which affect SaaS companies in particular.
fr: exigences de réussite
target market
noun
A particular group of consumers at which a product or service is aimed.
Example: For easyJet, the target market are people who pay their tickets on their own, regardless of financial or social background (Gilligan and Wilson 2003, p. 492) and easyJet simply focuses on accomplishing what it has actually promised: low fares, safety, quality services and on-time performance.