Business and management glossary

20 Business and management terms

This is a glossary. It contains economics and management terms, parts of speech, definitions, text-to-speech pronunciation models, images of the words, automatic translations to French, and example sentences.

A good
noun
things for sale, or the things that you own:
Example: There is a 25 percent discount on all electrical goods until the end of the week.
fr: un bien
Competition
noun
rivalry between companies selling similar products and services with the goal of achieving revenue, profit, and market share growth
Example: In all markets including factor markets, there is perfect competition.
fr: concurrence
Consumer
noun
A consumer is a person that buys a good or a service
Example: X company is trying to attract new consumers
fr: Consommateur
Demand
noun
the desire of purchasers, consumers, clients, employers, etc., for a particular commodity, service, or other item.
Example: a recent slump in demand
fr: demande
efficiency
noun
a peak level of performance that uses the least amount of inputs to achieve the highest amount of output
Example: Technology is constantly being developed in the agricultural sector, pushing farming forward and improving efficiency.
fr: Efficacité
Exchange rate
noun
the price of one currency in terms of another currency
Example: how many U.S. dollars does it take to buy one euro? As of July 31, 2020, the exchange rate is 1.18, meaning it takes $1.18 to buy €1
fr: Taux de change
Income
noun
Income is money (or some equivalent value) that an individual or business receives, usually in exchange for providing a good or service or through investing capital
Example: The additional income could help extend the product range.
fr: Revenu
Investment
noun
the action or process of investing money for profit or material result
Example: a debate over private investment in road-building
fr: Investissement
macroeconomics
noun
the part of economics concerned with large-scale or general economic factors, such as interest rates and national productivity.
Example: I study macroeconomics
fr: macroéconomie
market
noun
an area or arena in which commercial dealings are conducted.
Example: the labor market
fr: marché
marketing
noun
the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large
Example: Increasingly firms have been observed to allocate a larger budget to marketing
fr: marketing
microeconomics
noun
the part of economics concerned with single factors and the effects of individual decisions.
Example: I study microeconomics
fr: microéconomie
Price
noun
the amount of money expected, required, or given in payment for something.
Example: land could be sold for a high price
fr: Prix
Production cost
noun
Production or product costs refer to the costs incurred by a business from manufacturing a product or providing a service
Example: the production cost of the iPhone 8 is estimated at $247,51.
fr: coût de production
Profit
noun
the total amount producers earn after subtracting the production costs
Example: Less regrettably, logging companies will lose profit.
fr: Profit
Salary
noun
a fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker.
Example: he received a salary of $29,000
fr: Un salaire
Service
noun
an act of helpful activity; help; aid
Example: The software is not sold - instead, companies are required to pay a monthly fee of currently 5£ per user for access to the service running on Signifo's servers.
fr: Un service
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: they bought 33 shares of American Standard
fr: action
Stock exchange
noun
a market in which securities are bought and sold.
Example: the company was floated on the stock exchange
fr: bourse
New York Stock Exchange
supply
noun
the total amount of a specific good or service that is available to consumers
Example: the supply for soap has increased
fr: offre