L2 LEA Glossary

23 Glossary on the topic of business terms

Glossary for the L2 LEA applied translation course

A brand's motto

Noun group

In branding, mottos are used as front-facing elements that capture and communicate a company's values.

Example: Under the brand’s motto, because there is no B planet, ECOALF has begun the mission and view of creating a new recyclable products’ generation having the same quality and the same design than the best fashion industry’s non-recycled products.

fr: Une devise de marque

A committed group

Noun group

A committed group is a company or at least a group of people engaged in an action that is important to them. It can be the environment, the defence of the animal cause, women's rights...

Example: Accord has been a committed group for numerous years.

fr: Un groupe engagé

Bankruptcy

Noun

When an organisation is unable to honour its financial obligations or make payment to its creditors, it files for bankruptcy.

Example: Unfortunately, the city's last book store went into bankruptcy last December.

fr: Faillite

Buying power

Noun group

Amount of money that a person or group has available to spend.

Example: The purchasing power of citizens has decreased due to inflation.

fr: Pouvoir d'achat

Competition and Markets authority (CMA)

Noun group

The Competition and Markets Authority (CMA) is an independent non-ministerial department. They help people, businesses and the UK economy by promoting competitive markets and tackling unfair behaviour in a number of ways, like investigate mergers that have the potential to lead to a substantial lessening of competition or take action against businesses and individuals that take part in cartels or anti-competitive behaviour

Example: The Government expects the Competition and Markets authority to have a beneficial impact on consumers, on business behaviour and on productivity and growth in the economy

fr: L’autorité (britannique) de la Concurrence et des Marchés

Customs duty

Noun group

Tax imposed on imports and exports of goods.

Example: There is a standard 15% customs duty on every imported item.

fr: Droit de douane

Free trade

Noun

international trade left to its natural course without tariffs, quotas, or other restrictions.

Example: The USA has a free trade agreement with Mexico and Canada.

fr: Libre échange

Raw materials

Noun group

There are the basic material from which a product is made.

Example: Sand and cement are the raw materials needed to make concrete.

fr: Matières premières

Repayment

Noun

Repayment is the act of paying back money previously borrowed from a lender.

Example: Repayment must be made within thirty days.

fr: Remboursement

Retailer

Noun

A person or business that sells goods to the public in relatively small quantities for use or consumption rather than for resale.

Example: Many retailers now operate in out-of-town shopping centres.

fr: Détaillant

Sales tactics

Noun group

Sales tactics are actions that are strategically designed to build trust with potential customers and inspire them to buy with clarity and confidence.

Example: The sales tactics of this company are impressive.

fr: Tactiques de vente

Savings

Noun

The money one has saved, especially through a bank or official scheme in order to buy something expensive in the future or to invest it.

Example: We used all our savings to buy this business.

fr: Economie

Shareholder

Noun

It is a person or company that owns at least one share of a company's stock. Shareholders essentially own the company, which comes with certain rights and responsibilities.

Example: The company's shareholders are unhappy about the recent bad publicity.

fr: Actionnaire

Sourcing

Noun

Sourcing is the process of vetting, selecting, and managing suppliers who can provide the inputs an organization needs for day-to-day running

Example: We strongly encourage leather suppliers to reduce the environmental impact of the sourcing of bovine skin.

fr: Approvisionnement

Subsidiary

Noun

A company controlled by a holding company.

Example: This company has subsidiaries all over the world.

fr: Filiale

Supplier

Noun

A supplier is a person, company, or organization that sells or supplies something such as goods or equipment to customers or companies.

Example: Suppliers must be aware of their indirect impact on deforestation and actively work to not contribute to it.

fr: Fournisseur

Takeover bid

Noun group

Action in which a company makes a public offer to purchase another company.

Example: Cadbury have accepted a takeover bid from Kraft Foods.

fr: Offre publique d'achat

To merge

Verb

Combine or cause to combine to form a single entity.

Example: The two companies merged last quarter.

fr: Fusionner

To outsource

Verb

To procure something, such as some goods or services needed by a business or organization from outside sources.

Example: The factory outsources part of its production.

fr: Sous-traiter

To supply

Verb

To provide something that is wanted or needed.

Example: They supplied him with the computer hardware.

fr: Approvisionner, fournir

Turnover

Noun

This represents the multiplication of the quantities sold and the unit price of the products. It is the amount of money taken by a business.

Example: The company's turnover for the year was higher than last year.

fr: Chiffre d'affaires

Value Added Tax (VAT)

Noun Group

Consumption tax on goods and services that is levied at each stage of the supply chain where value is added, from initial production to the point of sale.

Example: James calculated the VAT and added it to his invoice.

fr: Taxe sur la Valeur Ajoutée (TVA)

Wholesaler

Noun

A person or company that sells goods in large quantities at low prices.

Example: The store manager called the wholesaler to complain about the damaged goods that had been delivered.

fr: Grossiste