Business Glossary

20 Business terms

Hello, my name is Aby and I'm 20 years old. I have been studying at Ahuntsic College for 3 years in a program called Social Science - Commerce. I want to continue my studies at university to become an accountant. My glossary will be for students who are in the same field of study as me. It is a Business glossary of 20 words. People can use it to be able to understand and use vocabulary from their fields of study.

accountant
noun
A person concerned with the maintenance and audit of business accounts and the preparation of consultant reports in tax and finance.
Example: Almost every transaction recorded by the ACCOUNTANT will involve cash sooner or later.
fr: comptable
Property tax accountant logo
agent
noun
A person who does business for another person.
Example: Although Heller and partners new that an advertising AGENT, client of the National Provincial Bank, inquired the reference, they did not know for what purpose and if it would be solely relied upon.
fr: agent
business
noun
A person, partnership, or corporation engaged in commerce, manufacturing, or a service; profit-seeking enterprise or concern.
Example: This then allows me to set realistic targets for the BUSINESS which will produce the most beneficial results.
fr: entreprise
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calculator
noun
A small electronic device with a keyboard and a visual display for making mathematical calculations.
Example: Another problem I encountered was having some discrepancies with percentage calculations between a CALCULATOR and the computer, as the computer automatically rounded up calculations.
fr: calculatrice
calculator
company
noun
A business organization that makes, buys, or sells goods or provides services in exchange for money.
Example: Last minute dot coms' packaging is more in the form of quality of service and the ease of use of the selling buying medium, these become attributes of the service which make the biggest impact on the consumer in advertising the COMPANY and their products.
fr: entreprise
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contract
noun
A formal agreement between two or more parties. A document that states the terms of such an agreement. The branch of law treating of contracts.
Example: Future considerations If we consider extending and increasing the CONTRACT beyond 6 months there are a number of issues that have to be taken into consideration.
fr: contrat
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customer
noun
Someone who buys goods or services from a business.
Example: This also allows me to distinguish where CUSTOMERs are not being served by their producers and to fill this area in order to prevent CUSTOMERs from leaving me as a producer.
fr: client
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employee
noun
A person who works for another in return for financial or other compensation.
Example: Further evaluation and or training may be required if EMPLOYEEs do not feel fully competent.
fr: employé
entrepreneur
noun
A person who organizes, operates, and assumes the risk for a business venture.
Example: However, by including an experienced ENTREPRENEUR as a part-time director in early-stage development, a firm can gain credibility and trust since this will provide access to their extensive network of contacts.
fr: entrepreneur
file
noun
A folder or box for holding loose papers that are typically arranged in a particular order for easy reference.
Example: This FILE contains every function concerning FILEs manipulations.
fr: dossier
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investment
noun
Money committed or property acquired for future income.
Example: The raise in import of more capital intensive goods including INVESTMENT and intermediate goods may be conducive to economic growth.
fr: investissement
market
noun
An area such as a country or part of a country where a product or service can be sold.
Example: I am particularly pleased with the goal that I have set the farm business to achieve, as I feel that it is attainable and having studied the current trends in consumerism, I feel it should guarantee my business a place in the future agricultural MARKET.
fr: marché
market
marketing
noun
The process of communicating the value of a product, service or brand to customers, for the purpose of selling that product or service.
Example: Advertising also plays a role in supporting other areas of MARKETING activity.
fr: marketing
money
noun
A medium of exchange in the form of banknotes, coins, etc, issued by a government or other authority.
Example: This all costs MONEY and time.
fr: argent
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office
noun
A room, set of rooms, or building used as a place for commercial, professional, or bureaucratic work.
Example: However, because of a small time period that he or she is going to be spending with the OFFICE, an intern is rarely involved with a single project from beginning until its completion.
fr: bureau
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price
noun
The amount of money expected, required, or given in payment for something.
Example: The dairy industry has actually scene repeated PRICE cuts since the arrival of assurance schemes.
fr: prix
profit
noun
Excess of revenues over expenses in a business enterprise over a given period of time, usually a year.
Example: More total revenue (demand inelastic) Less total revenue (demand elastic) Most owners want to maximize their PROFIT.
fr: profit
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publicity
noun
Something that attracts the attention of the public
Example: The negative PUBLICITY associated with the company will spill over onto all its products.
fr: publicité
billboard
salary
noun
A fixed regular payment made by an employer, often monthly, for professional or office work as opposed to manual work.
Example: The factors that lead to dissatisfaction are company policy, supervision, relationship with myself, work conditions, SALARY and relationship with fellow workers.
fr: salaire
store
noun
A building or room where things are sold.
Example: Tesco have recognised this factor, managing to reduce the costs of building new STOREs by 25%, while constructing some of the most innovative and attractive shops in the sector.
fr: magasin
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