My name is Antoine Provost, I have been studying business management for two years. This is a glossary containing 13 words that people use went they talk about business management. I hope it can help some beginners in my program understand the essential words to start a business. It specifies the definition, an example, a translation, the pronunciation and the part of speech of each words. I used some texts from my different business courses to find the words and I defined them using google and made sure my information was correct.
accounting
noun
The action or process of keeping financial accounts.
Example: Plays a large part in accounting for variation in growth rates.
en: comptabilité
asset
noun
Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Example: Assuming a debt beta of 0 would not provide an accurate estimation of the firm's asset beta.
en: actif
competitor
noun
An organization engaged in commercial or economic competition with others.
Example: Sales are susceptible to changes in consumer demand, changes in competitor pricing and an array of other external factors, meaning production may not always equal sale levels.
en: concurrent
enterprise
noun
a business or company
Example: Survival is possible when profits are sufficient to perform their two life-giving functions which are to pay investors for the use of their savings and to increase the productive base of an enterprise so that it can remain a useful entity."
en: entreprise
leadership
noun
The action of leading a group of people or an organization.
Example: Such issues primarily include structure, leadership, teams and power.
en: leadership (anglicism)
liability
noun
A thing for which someone is responsible, especially a debt or financial obligation.
Example: A loan would be needed but if the research is in depth then it would not be too much of a liability.
en: passif
management
noun
Responsibility for and control of a company or organization.
Example: Finance infrastructure may lead to monetary management problems.
en: la gestion
net profit
noun
the actual profit after working expenses not included in the calculation of gross profit have been paid.
Example: "the company reported net profits up 7.6 percent"
en: bénéfice net
retail sale
noun
When a business sells a product or service to an individual consumer for his or her own use.
Example: They have undergone vertical integration by taking possession of industries throughout the music supply chain, including distribution companies, retail sale of recordings, and manufacturing; this places high start-up costs on incoming firms.
en: vente au détail
sales
noun
The exchange of a commodity for money; the action of selling something.
Example: Sales are susceptible to changes in consumer demand, changes in competitor pricing and an array of other external factors, meaning production may not always equal sale levels.
en: ventes
share
noun
One of the equal parts into which a company's capital is divided, entitling the holder to a proportion of the profits.
Example: Review of the market In 2000 the total keyboard market was $2.2 billion (Venture Development Corporation) and ergonomic keyboards are a growing share of this.
en: action
shareholder
noun
An owner of shares in a company.
Example: Persuasion of Allisgood plc's shareholders becomes important here, and also, the fact that there is a single major shareholder, will make his persuasion even more crucial as he can greatly affect to the acceptance and rejection of the plans.
en: actionnaire
stock exchange
noun
A market in which securities are bought and sold.
Example: Once we know the Beta of the New York stock exchange equals to 100000, for instance, we will be able to predict the required return on equity.
