Introduction to Business Glossary

20 Business terms

I am a college student and I have been studying business for the past 3 years at Ahuntsic College in Montreal. This glossary contains 20 words relied to the business field and the first goal of it is to teach every single person, even those who don't study in the business field, the basics grammar word people in business continuously use. All definitions have been found in Google. PS. Read all the following 20 words and try to put them in sentences to help you practice and to be able to use these words without having difficulty.

accounting
noun
the action or process of keeping financial accounts
Example: an investigation into suspected false accounting
fr: comptabilité
assets
noun
the value of everything a company owns and uses to conduct their business
Example: growth in net assets
fr: actifs
business
noun
a commercial operation or company
Example: the jewelry business
fr: affaires
a jewelry store
business to business (B2B)
phrase
one business sells goods or services to another business
Example: LA Baby is a business-to-business manufacturer of baby beds, bedding, mattresses, sheets, pads, chairs, and strollers
business to consumer (B2C)
phrase
a business sells goods or services directly to the end user
Example: Bankruptcy mailing lists may be used for business to business or business to consumer marketing
capital
noun
wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing
Example: FINANCE PCD Maltron needs some considerable investment capital to get at that global market and supply it
fr: capital
contract
noun
a written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law
Example: both parties must sign employment contracts
fr: contrat
an employment contract
depreciation
noun
a reduction in the value of an asset with the passage of time, due in particular to wear and tear
Example: depreciation leads to losses for non-dollar-based investors
fr: dépréciation
enterprise
noun
a business or company
Example: a profit is reasonable when it provides for the survival of an enterprise
fr: entreprise
entrepreneur
noun
a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so
Example: many entrepreneurs see potential in this market
fr: entrepreneur
expense
noun
money spent on supplies, equipment or other investments
Example: his hotel and travel expenses
fr: dépense
inflation
noun
a general increase in prices and fall in the purchasing value of money
Example: there seems to be a trade-off between unemployment and inflation, which implies that real wages are countercyclical
fr: inflation
G5 inflation chart
insurance
noun
a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.
Example: the business of providing insurance.
fr: assurance
insurance
liabilities
noun
the value of what a business owes to someone else
Example: valuing the company's liabilities and assets
fr: passifs
management
noun
the process of dealing with or controlling things or people
Example: the management of elk herds
fr: gestion
marketing
noun
the action or business of promoting and selling products or services, including market research and advertising
Example: the Western arts of marketing and distribution
fr: commercialisation
net worth
noun
the total value of a business
Example: people whose net worth exceeds 1,000 minimum wages will not qualify for these homesteads
fr: valeur nette
profit
noun
a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something
Example: in order to make a profit the business needs its operations to be as efficient as possible so that customer service is high
fr: profit
stock exchange
a building or institution used for the trading of a particular commodity or commodities
Example: the New York Stock Exchange
fr: bourse
New York Stock Exchange
trade
noun
buy and sell goods and services
Example: she has traded millions of dollars' worth of metals
fr: commerce