My name is Michael and I’ve been studying Organizational Management for two years now. I chose this program because it helps me to narrow my field of study on a specific path in university that matches with my goal of becoming an investment banker. The Organizational Management program has plenty of courses that differ from other programs like Arts, Literature and Communication or Natural Sciences. I took this route because it's aimed for individuals who want to pursue their careers in finance or accounting. This glossary is made to help readers understand my journey by providing clear definitions, translations, examples, and images related to my field of study.
asset
noun
A useful or valuable thing, person, or quality.
Example: Expected market risk premium By now the relevant estimation of an individual ASSET volatility as a part a well diversified portfolio is not measured by the ASSET's standard deviation or its variance; instead we use Beta specifically quantify the contribution of an individual ASSET to the market portfolio variance.
fr: actif
budget
noun
An estimate of income and expenditure for a set period of time.
Example: SEN2 is a new product, thus a BUDGET $4000 needs to be spent on advertising to make consumers aware of the product.
fr: budget
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: 'Schemes A and B would add to traffic congestion; scheme C would not, but it would require a bigger investment of CAPITAL.'.
fr: capital
cash flow
noun
The total amount of money being transferred into and out of a business, especially as affecting liquidity.
Example: It is a measure of the company's ability to generate cash and can be easily calculated from the company's CASH FLOW statement.
fr: des flux de trésorerie
credit
noun
The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
Example: Customer Database Amazon.co.uk holds a large volume of personal data about its customers on its customer database, including names, contact details, and CREDIT debit card details.
fr: crédit
debit
noun
An entry recording an amount owed, listed on the left-hand side or column of an account.
Example: Such www sites are designed to get users' logins, passwords or DEBIT credit card numbers and then misuse them.
fr: débit
debt
noun
Something, typically money, that is owed or due.
Example: Countries such as Italy, Netherlands and Belgium that accumulated sizeable deficits in the early part of the 1980s, had to run corresponding large primary budget surplus in order to prevent the DEBT-GDP ratio from increasing automatically. The experience of these countries show that large government budget deficits quickly lead to an unsustainable DEBT dynamics from which countries find it very difficult to extricate themselves.
fr: dette
finance
noun
The management of large amounts of money, especially by governments or large companies.
Example: Nevertheless, agricultural technology transfer is in the agenda of many internal donors, such as the World Bank, which has just released a credit of US$100 million to China to help FINANCE a project which aimed to test innovative models for agricultural technology generation, transfer, and application; which is expected to generate additional farm income in China.
fr: finance
fixed rate
noun
An unchanging rate charged on a liability, such as a loan or a mortgage.
Example: Members were committed to maintain par values within a 1% margin of the FIXED RATE, aided by the IMF, initially set up to bridge any temporary payments imbalances.(Grabbe, O. 1996) Despite the intentions and aims of the Bretton Woods system to create a stable global economic environment, the system collapsed within a quarter of a century of its inception.
fr: taux fixe
income
noun
Money received, especially on a regular basis, for work or through investments.
Example: The Farming systems development approach of CATI is based on promoting a rural and urban development program at the local level (farmers, associations, communities, and schools), in partnership with municipalities, promote sustainable rural development through competitive agro-business, generate employment and INCOME, and preserve the environment.
fr: revenu
interest rate
noun
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
Example: Fiscal policy also impacts money-market equilibrium as, by modifying demand for money in the goods-market, it affects the price of bonds and therefore the money-market's INTEREST RATE.
fr: taux d'intérêt
investment
noun
The action or process of investing money for profit or material result.
Example: Robert Trivers explains in evolutionary terms the evolution of fundamental social organisation in his thesis of 'Parental INVESTMENT' (1972): "any INVESTMENT by the parent in an individual offspring that increases the offspring's chance of surviving at the cost of the parent's ability to invest in other offspring".
fr: investissement
liability
noun
A person or thing whose presence or behavior is likely to cause embarrassment or put one at a disadvantage.
Example: Similarly, the law of negligence has been refined by judicial law making, beginning with the aforementioned `neighbour test´ and now extended to include cases on LIABILITY for economic loss and nervous shock.
fr: responsabilité
liquidity
noun
Liquid assets; cash.
Example: When income rises, individuals' level of financial transactions rises, as does their LIQUIDITY-demand and their money-demand M d .
fr: liquidité
loss
noun
The fact or process of losing something or someone.
Example: If prices did decline, or the market for them disappear then the farm would be at risk of serious financial LOSS, the broilers are the most profitable enterprise on the farm so a large LOSS of income would occur, the high investment in the housing for and the processing plant could also be lost if the enterprise had to cease.
fr: perte
money
noun
A current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
Example: In a MONEY-rich, time-scare community customers seek convenience and efficiency.
fr: argent
mortgage
noun
Legal agreement by which a bank or other creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.
Example: With reference to the Sparkbrook example, manual workers may find themselves in poorer quality houses, because they do not earn the regular wage required to gain access to a MORTGAGE.
fr: hypothèque
portfolio
noun
A range of investments held by a person or organization.
Example: The model is designed to explain the excess return on an asset as a function of excess return on the market PORTFOLIO.
fr: portefeuille
profit
noun
A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
Example: It is hardly surprising that precautionary principle as such gives rise to controversy, since it involves discussion between groups representing conflicting interests - on one side PROFIT-oriented companies and on the other - public good (Mbengue, Thomas, 2005).
fr: profit
stock
noun
The capital raised by a business or corporation through the issue and subscription of shares.
Example: The problem of dilution is because the Venture Capitalist Company will try to get the majority of the STOCK equity and also may try to get the majority of the company ownership if things go well.
