business

10 Here are 10 terms that are a must in business management. terms

This business glossary will help you learn more about the lingo used in business management. I created it to help more students or future business managers with the words that are commonly used in the business field.

Assets

noun

Assets are resources that businesses control, in which the owner expects assets to generate future cash flow. Examples include inventory, equipment, and land.

Example: This company has lots of assets that they can sell.

fr: Les atouts

balance sheet

noun

The balance sheet documents a company’s financial health at specific points in time, usually at the end of the quarter or fiscal year. The balance sheet includes assets, liabilities, and equity and follows the accounting equation:.

Example: The balance sheets of this company shows a lot of loses over the year.

fr: bilan

Business

Noun

The activity of buying and selling goods and services.

Example: I am starting my own business this year.

fr: Entreprise

CASH FLOW STATEMENT

noun

Example: The cash flows from operating activities section provides information on the cash flows from the company's operations (buying and selling of goods).

fr: TABLEAU DES FLUX DE TRÉSORERIE

Equity

noun

the value of the shares issued by a company.

Example: I actually have 5% of equity in Microsoft.

fr: Équité

Income statement

noun

The income statement shows the business’s performance during a period, such as throughout the quarter or year. Focusing on revenue and expenses, the income statement depicts a company’s profit or loss.

Example: Based on this companies business sheet, they have made a lot of progress economically over this year.

fr: Releve de revenue

Liabilities

noun

a thing for which someone is responsible, especially a debt or financial obligation.

Example: valuing the company's liabilities and assets

fr: Passifs

net loss

noun

Using the profit equation, you can calculate a business’s net loss, or when total expenses exceed total revenue and the difference is negative.

Example: When profits fall below the level of expenses and cost of goods sold (COGS) in a given time, a net loss results.

fr: perte nette

Profit

noun

The money left after you sell something when you have paid all of your costs.

Example: I have made over 1 million dollars in profit this year.

fr: Profit

Revenue

noun

Income, especially when of a company or organization and of a substantial nature.

Example: Traders have lost $10,000 in revenue since the traffic scheme was implemented.

fr: Revenu