Business Glossary

20 Business Management terms

Hi my name is Ahmed, right now I am in a Springboard, but next year I will be going in Business management. This glossary is for the people who wants to go in business management. The word in this glossary are word you will probably hear in class.

administration
noun
The definition of administration refers to the group of individuals who are in charge of creating and enforcing rules and regulations, or those in leadership positions who complete important tasks.
Example: In Virgin Blue's short lifetime, other airlines have failed to survive (Impulse, acquired by Qantas; Ansett, in administration) leaving just Qantas and Jetstar as Virgin Blue's competitors.
fr: administration
agent
noun
A person who has been legally empowered to act on behalf of another person or an entity. An agent may be employed to represent a client in negotiations and other dealings with third parties. The agent may be given decision-making authority.
Example: The control of the vectorial properties of the electric laser field by the use of polarization as active agent can access the three-dimensional dynamics of quantum-mechanical wave functions (Brixner et al., 2001).
fr: agent
annual report
noun
A publication that public corporations must provide annually to shareholders to describe their operations and financial conditions. The front part of the report often contains an impressive combination of graphics, photos, and an accompanying narrative, all of which chronicle the company's activities over the past year. The back part of the report contains detailed financial and operational information.
Example: The annual report 2005 06 summarised the analysis on visitors view that there is an increasing demand for better quality comfort and guidance in access and leisure facilities in National Nature Reserves and that the next stage is to address and reflect the revealed issues in the operation of new Natural England (EN 2006â?¡).
fr: rapport annuel
OFWA_Annual_Report_2018-2019.pdf
asset
noun
Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Example: It is clear from the oral evidence provided by the Claimant that when he seeked to recover his money, he approached the Defendant on the basis that he was ready to forgo any increase in value of the property and was prepared to liquidate his asset in order to get his money back.
fr: atout
bank
noun
A financial institution licensed to receive deposits and make loans. Banks may also provide financial services such as wealth management, currency exchange, and safe deposit boxes.
Example: Accessed 22 04 04. p.1 "The Assembly recognises that there is significant public interest in future dredging proposals at Helwick bank and is continuing to assess the conclusions reached in research reports and the monitoring reports received in accord with the licence conditions.".
fr: banque
bankruptcy
noun
The state of being completely lacking in a particular quality or value.
Example: Mr Supperstone, trustee in bankruptcy of Mr Hurst brought proceedings for the possession and sale of property on an equal basis.
fr: la faillite
benefits
noun
A payment or gift made by an employer, the state, or an insurance company.
Example: There are many factors that could affect the production of the division and it is wise to weigh the costs and benefits of all the alternatives available in order to decide which move will be most beneficial.
fr: avantages
Brand
noun
A type of product manufactured by a particular company under a particular name.
Example: Another example is the individual as consumer; Morvern is closely connected with her favourite drink Southern Comfort, her Silk Cut brand of cigarettes and her gold lighter.
fr: marque
budget
noun
A budget is a financial plan for a defined period, often one year. It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows. Companies, governments, families and other organizations use it to express strategic plans of activities or events in measurable terms.
Example: This varies from informal technical reviews and walkthroughs to extensive system testing to confirmation to the right budget and time.
fr: budget
business analyst
noun
A business analyst (BA) is someone who analyzes an organization or business domain (real or hypothetical) and documents its business or processes or systems, assessing the business model or its integration with technology. Business Analyst helps in guiding businesses in improving processes, products, services and software through data analysis.
fr: analyste d'affaires
company
noun
A commercial business.
Example: Similarly, in conjunction with joint ventures conflicts between company regulations might arise.
fr: entreprise
credit
noun
Credit is a broad term that has many different meanings in the financial world. It is generally defined as a contractual agreement in which a borrower receives something of value now and agrees to repay the lender at a later date—generally with interest.
Example: It will not allow them to judge its characters in terms of moral 'debit and credit', yet it still creates a need for the audience to seek a shelter from the full reality of its ending.
fr: crédit
discount
noun
To deduct a certain amount from (a bill, charge, etc.).
Example: Renfrew does not discount the possibility of a single origin but he advises it should no longer be assumed (Renfrew, 1976).
fr: rabais
economy
noun
The wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.
Example: While Rio is famous for its beaches and beautiful women; Shanghai is famous for its skyscrapers and dynamic economy.
fr: économie
entrepreneur
noun
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: The roles that I feel carry the most importance to me are that of a monitor, disseminator, leader, entrepreneur, resource allocator and negotiator.
fr: entrepreneur
financial
noun
the finances or financial situation of an organization or individual.
Example: This is healthy for a business and from a financial point of view there is a balance within the organisation.
fr: financier
financial analyst
noun
A person whose job is to assess the financial condition of a business or asset to determine if it is a sound investment.
fr: analyste financier
fund
noun
A sum of money saved or made available for a particular purpose.
Example: The computing facilities were provided by the Centre for Scientific Computing of the University of with support from Science Research Investment fund grant (grant code TBA).
fr: fonds
gain
noun
Esources or advantage acquired or increased.
Example: Lenin's Secret Police Brovkin Behind the Front Lines of the Civil War p.129 Medvedev in Brovkin Behind the Front Lines of the Civil War p.129 Sometimes the Greens would join the Reds to fight the Whites or vice-versa, but this was always for their own gain.
fr: Gain
product
noun
An article or substance that is manufactured or refined for sale.
Example: This leaves LDCs relying on developing countries for new technologies as major "technological innovations and gains in productivity largely occurred in the developed countries and the LDCs found themselves lagging and unable to compete in areas of new product development and production.".
fr: produit