My field study is accountant and financial. This field teaches the accounting management of a company like sale, purchase, taxes, and management. The financial level concerns the performance and profit maximization.
The glossary is created to help the people for learning the words used in the business world.
Asset
noun
Set of goods available a company
Example: The car and the land are assets for the company.
fr: Actif
Balance sheet
noun
a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
Example: Accounting for balance sheet, Fixed Assets decreases from $228.2 in 2004 to $215.4 in 2003, a 0.06% decline.
fr: Bilan
Credit risk
noun
The possibility of loss if a borrower defaults on a loan.
Example: I think the loan to Allan is a credit risk because he has no money.
fr: Risque de crédit
Customer
noun
A person who purchases goods or services from another; buyer; patron.
Example: I buy candies at Maxi, I am a customer at Maxi.
fr: Client
Leverage
noun
The use of a small initial investment, credit, or borrowed funds to gain a very high return in relation to one's investment, to control a much larger investment, or to reduce one's own liability for any loss.
Example: Allan borrows $15000 from the bank to reinvest it in business to create a new product, witches will increase sales.
fr: Effet de levier
Net profit
Noun
The actual profit made on a business transaction, sale, or during a specific period of business activity, after deducting all costs from grosses receipts.
Example: I sale $1000 of stock that I have bought to $500, I realise $500 of net profit.
fr: Bénéfice net
Portfolio
noun
The total holdings of the securities, commercial paper, financial asset, of a financial institution or private investor.
Example: My shares and banking securities are components of my financial portfolio.
fr: Portefeuille
Tax
noun
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.
Example: Taxes in Quebec are TPS 5% and TVQ 9,975%.
fr: Taxe
The rate interest
noun
Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
Example: Interest of 10% is charged on a loan of $100.
fr: Le taux d'intérêt
Value-added Tax
noun
An excise tax based on the value added to a product at each stage of production or distribution: value added is arrived at by subtracting from the total value of the product at the end of each production or distribution stage the value of the goods bought at its inception. : VAT
Example: In Ivory Coast, the only rate is the VAT of 18%. The rate is applicable to the good and the service.
