My name is Nathanaël Dort. I am currently doing a springboard to a DEC to study Business Management. This is my first semester doing this. I was studying Informatics last semester but I didn't like it, so I changed. This glossary will show you useful words that I need to understand in my field of study.
Sources:
https://www.thebalancecareers.com/glossary-of-business-management-terms-2275721 ;
https://www.theguardian.com/business/glossary-business-terms-a-z-jargon ;
https://www.businessballs.com/glossaries-and-terminology/business-and-management-glossary/
account
noun
A record or statement of financial expenditure and receipts relating to a particular period or purpose.
Example: My study picks up where other scholars have left off, by making use of extant material objects that were once used within the home, along with surviving Aiken correspondence, newspaper articles, and third-party accounts.
fr: compte
benchmarking
verb
Evaluate or check (something) by comparison with a standard.
Example: "we are benchmarking our performance against external criteria".
fr: analyse comparative
budget
noun
An estimate of income and expenditure for a set period of time.
Example: Previously, Arthur Andersen (Management Consultants) had recommended a budget of £1.5m for a system which did not even include an AVLS!
fr: budget
CEO
noun
A chief executive officer, the highest-ranking person in a company or other institution, ultimately responsible for making managerial decisions.
Example: The future of Time Warner Book Group in Hachette Livre With the announcement of Arnaud Nourry, Chairman and CEO of Hachette Livre, TWBG will join the Hachette Livre Group which is a wholly-owned subsidiary of Lagardère SCA, one of France based companies.
fr: PDG
equity
noun
Equity is the value of the capital contributed by owners or stockholders. This is also referred to as shareholders' equity.
Example: "he owns 62% of the group's equity".
fr: équité / fonds
Fixed Assets
Assets, such as property, equipment, furniture, vehicles, etc., which are owned by a company and which are needed to operate the business.
Example: Due to the recent changes, banks and other lenders are likely to become more reluctant to give loans to companies with little or no fixed assets.
fr: Immobilisations
gearing
noun
The ratio of a company's loan capital (debt) to the value of its ordinary shares (equity); leverage.
Example: The remaining £445m will go to paying off debts, thus reducing gearing to a healthier 33%.
fr: engrenage
Golden Parachute
noun
A large payment or other financial compensation guaranteed to a company executive should the executive be dismissed as a result of a merger or takeover.
Example: "I negotiated a large golden parachute when I came to America".
fr: Parachute doré
Income tax
noun
Ax levied by a government directly on income, especially an annual tax on personal income.
Example: I pay income tax and council tax, portions of which are spent on road maintenance.
fr: Impôt sur le revenu
inheritance tax
noun
a tax imposed on someone who inherits property or money.
Example: Inheritance tax is another benefit to married couples: whereas unmarried couples and relatives are liable to pay 40% inheritance tax on assets passing on death in excess of £263,000, there is an unlimited exemption on transfers between husband and wife.
fr: impôt de succession
insider
noun
A person within a group or organization, especially someone privy to information unavailable to others.
Example: Another aspect of the sociological arguments for paying efficiency wages is the insider-outsider model, which essentially conveys that insiders collude against outsiders to prevent them from being hired at a market clearing wage lower than the wage the insiders are currently receiving.
fr: initié(e)
Liabilities
noun
A thing for which someone is responsible, especially a debt or financial obligation.
Example: Only now do they appear to acknowledge that he is a liability .
fr: Passifs
Loan-to-value
noun
The loan-to-value (LTV) ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased. The term is commonly used by banks and building societies to represent the ratio of the first mortgage line as a percentage of the total appraised value of real property.
Example: ..............
fr: Prêt à la valeur
Managed fund
noun
An investment fund run on behalf of an investor by an agent (typically an insurance company).
Example: .............
fr: Fonds géré
Portfolio
noun
The securities held by an investor : the commercial paper held by a financial house (such as a bank).
Example: Similarly, the ratio of volatile capital flows (defined to include cumulative portfolio inflows and short-term debt) to reserves declined from 146.6 per cent as at end-March 1991 to 38.2 percent at end-March 2003 (International Financial Statistics, Budget reports).
