Mathieu grou

27 Business terms

My name is Mathieu Grou, I'm 18 years old, and I study Social Science in commerce. It's my second year in the program, I chose it because it's related to business. I will explain 20 words related to the business world in this glossary to help young business man/woman to learn on the topic.

accountant
A person whose job is to keep, inspect, and analyse financial accounts.
en: comptable
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asset
Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
en: actif
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business
A person's regular occupation, profession, or trade.
en: entreprise
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client
A person or organization using the services of a lawyer or other professional person or company.
en: client
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deal
An agreement entered into by two or more parties for their mutual benefit, especially in a business or political context.
en: accord
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demand
An insistent and peremptory request, made as if by right.
en: demande
economy
The wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.
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elasticity
How much an economic variable changes in response to another; if demand spikes when prices are low but contract when prices are high, that is elastic demand.
en: élasticité
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equity
The amount of ownership in an asset; the equity a person has in their home is the difference between the property’s value and the amount owed on the mortgage.
en: équité
government
The governing body of a nation, state, or community.
en: gouvernement
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market
An area or arena in which commercial dealings are conducted.
en: marché
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marketing
The activity or business of promoting and selling products or services, including market research and advertising.
en: commercialisation
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mission
An important assignment carried out for political, religious, or commercial purposes, typically involving travel.
en: mission
money
A current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
en: argent
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productivity
The effectiveness of productive effort, especially in industry, as measured in terms of the rate of output per unit of input.
en: productivité
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property
A thing or things belonging to someone; possessions collectively.
en: Propriété
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salary
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.
en: Salaire
sale
The exchange of a commodity for money; the action of selling something.
en: vente
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scarcity
Resources or products that aren’t available in unlimited quantities are scarce; as scarcity of an item increases, so do prices.
en: rareté
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service
Assistance or advice given to customers during and after the sale of goods.
en: service
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stock
The capital raised by a business or corporation through the issue and subscription of shares.
en: action
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supply
A stock of a resource from which a person or place can be provided with the necessary amount of that resource.
en: fournir
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tax
A compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions. "higher taxes will dampen consumer spending".
en: taxe
tax evasion
The illegal nonpayment or underpayment of tax.
en: évasion fiscale
taxation
Money paid as tax.
en: imposition
time
The indefinite continued progress of existence and events in the past, present, and future regarded as a whole.
en: temps
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wealth
An abundance of valuable possessions or money.
en: richesse
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