Business Management Glossary
Business Management Glossary
10 Business Management terms
Hi, my name is Bronson Esthaky. I live in Laval. I have been at Montmorency College for 2 years. My field of study is Business Management. The glossary that I put through together would certainly help out the new or intrigued students of the field of study. These words would help you out tremendously because it rounds up what we learn from this field. You will also get to know the different aspects related to this field of study.
- Asset
- Noun
- Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value.
- Example: My father has multiple assets such as businesses, real-estate and cars.
- fr: Les Biens
- Bankruptcy
- Noun
- A legal status of a person or other entity that cannot repay the debts it owes to creditors. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor.
- Example: My uncle struggled with his business, so he declared for bankruptcy.
- fr: La Faillite
- Benefits
- Noun
- A payment made or an entitlement available in accordance with a wage agreement, an insurance policy, or a public assistance program.
- Example: I have a lot of benefits at my new job.
- fr: Bénéfices
- Brand
- Noun
- A category of products that are all made by a particular company and all have a particular name.
- fr: Marque
- 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: I own 20% of the capital invested in Nike.
- fr: le capital
- Competitors
- Noun
- A rival
- Example: Nike and Adidas have been one the biggest competitors for the last years.
- fr: Compétiteurs
- Down Payment
- Noun
- Good faith deposit made by a buyer to underline his or her commitment to complete the deal.
- Example: I put a down payment of $10,000 on my 2020 BMW X6.
- fr: Accompte
- Loan
- Noun
- A sum of money lent with interest.
- Example: I got a loan from TD Bank for $100,000.
- fr: Prêt
- Mortgage
- Noun
- Agreement by which a bank or building society lends money for the purchase of property, such as a house or apartment. The property is the security for the loan.
- Example: I pay $1,250 for my house mortgage per month.
- fr: Hypothèque
- Sales Fgures
- Noun
- The value or amount of the total sales of an industry’s or company’s productsfor a particular period:
- Example: The sales figures for the month of June 2018 look really good.
- fr: Les chiffres de ventes
