19 The action or process of keeping financial accounts. terms
This is the program that I am in. I want to introduce you the definitions of some complicated words in this program who will help you to understand it well.
Acquirer
noun
A financial institution that processes credit and debit card transactions on behalf of the card issuers.
Example: For credit card transactions, retailers pay the acquirer a percentage of the cost of your purchase.
fr: Acquéreur
Analyze
Verb
Examine methodically and in detail the constitution or structure of (something, especially information), typically for purposes of explanation and interpretation.
Example: We need to analyze our results more clearly.
fr: Analyser
Assets
noun
Rights or other access to future economic benefits controlled by an entity as a result of past transactions or events.
Example: quick reflexes were his chief asset
fr: Les atouts
Balance
Noun
The amount of money you have in a bank account, or the amount of something that you have left after you have spent or used up the rest.
Example: Once we know how much money we'll need, let's spend the balance (= the amount left).
fr: Balance
Capital
noun
An amount of finance provided to enable a business to acquire assets and sustain its operations.
Example: Companies are having difficulty in raising capital.
fr: Capitale
Completeness
noun
Qualitative characteristics expected in financial statements.
Example: The completeness of the records.
fr: Complétude
Consolidation
noun
Consolidation is a process that aggregates the total assets, liabilities and results of the parent and its subsidiaries (the group) in the consolidated financial statements.
Example: A consolidation of data within an enterprise.
fr: Consolidation
Creditor
noun
A person or organisation to whom money is owed by the entity.
Example: He sold his Ferrari to pay off his creditors.
fr: Créancier
Debenture
noun
A written acknowledgement of a debt – a name used for loan financing taken up by a company.
Example: The bank took a debenture over the company's undertaking to secure the overdraft facilities granted to it.
fr: Débenture
depreciation
noun
The systematic allocation of the depreciable amount of an asset over its useful life. The depreciable amount is cost less residual value.
Example: Depreciation leads to losses for non-dollar-based investors.
fr: dépréciation
Dividend
noun
Amount paid to a shareholder, usually in the form of cash, as a reward for investment in the company. The amount of dividend paid his proportionate to the number of shares held.
Example: In addition to their salary, employees receive a profit-related dividend.
fr: Dividende
Equity
noun
A description applied to the ordinary share capital of an entity.
Example: He owns 62% of the group's equity
fr: Équité
Forecast
noun
Estimate of future performance and position based on stated assumptions and usually including a quantified amount.
Example: Hey forecast a large drop in unemployment over the next two years.
fr: Prévoir
Intagible
noun
Without shape or form, cannot be touched.
Example: Intangible assets cannot be touched.
fr: Intagible
Inventory
noun
Stocks of goods held for manufacture or for resale.
Example: The inventory of the store was ready to be resealed.
fr: Inventaire
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
Net
noun
After making deductions.
Example: The total net was...
fr: Net
Profit
noun
Profit is the price of producing one additional unit of a good.
Example: Worry that biotech companies just want to make a PROFIT and are not interested in consumer welfare.
fr: Profit
provision
noun
A liability of uncertain timing or amount.
Example: He hasn't made any provision for his retirement yet.