Business management is a mix of planning, directing, organizing and controlling different aspects of operations in a business, for example, finance, marketing and human resources. It can help you when you are just starting to work in a business because sometimes you won't understand what the words they use means, so you can go take a look at the glossary. This glossary contains 20 terms, and it includes the definition, a translation, a pronunciation, an example and sometimes a picture. I used my English' book to help me find the words and definitions.
Bankruptcy
noun
The legal status of a person or other entity that cannot repay the debts owed to creditors
Example: My cousin's store was in bankruptcy because they were spending too much money on publicity.
en: Faillite
Benchmarking
noun
Comparing one's products to those of competitors in order to improve quality and performance.
Example: Stores have to bench marking with others, so they can check how to be better.
en: Analyse comparative
Bond
noun
A debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate.
Example: I have a bond with my investor, he loans me money, so I can pay for my store equipment.
en: Obligation, Engagement
Bookkeeping
noun
The activity or occupation of keeping records of the financial affairs of a business.
Example: I have a bookkeeping of all the financial transactions I made for the store.
en: Comptabilité
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 have enough capital to start my store.
en: Capital
Cash flow
noun
The amount of money the company has on hand to pay of its operating expenses.
Example: I need the cash flow to pay for our equipment.
en: Des flux de trésorerie
Cold call
noun
An unsolicited visit or telephone call made by someone trying to sell goods or services.
Example: My mother always declines cold calls because she doesn't like to be disturbed.
en: Appel à froid
Cubicle
noun
A small partitioned-off area of an office containing a desk.
Example: I love to go in a cubicle to work peacefully.
en: Cabine
Downsizing
verb
Making a company smaller by eliminating staff positions through lay-offs.
Example: The mall store is downsizing staff.
en: Réduction des effectifs
Freight
noun
Goods transported by truck, train, ship, or aircraft.
Example: I freight my products made in Australia to Canada by aircraft.
en: Fret
Get the axe
verb + noun
To get fired.
Example: My colleague got the axe because he didn't do his job well.
en: Viré
Headquarters
noun
A center of operations or administration.
Example: The headquarters of Microsoft are located downtown.
en: Siège social
Invoice
noun
A list of goods sent or services provided, with a statement of the sum due for these; a bill.
Example: An Invoice for payment will be sent to you in this email.
en: Facture
Joint venture
noun
A way of entering a foreign market by joining with a foreign company to manufacture or market a product or service.
Example: I joint venture my company with my sister's company to make a bigger company
en: Coentreprise
Lay-off
noun
The dismissal of temporary workers.
Example: They lay-off my colleague for bad behaviour and for having an altercation with a client.
en: Licenciement
Lend
noun
To grant the use of something on condition that it will be returned.
Example: I lend my car to my best friend.
en: Prêter
Loan
noun
A sum of money lent with interest.
Example: Yesterday, I took a loan in the bank to pay for my house.
en: Prête
Overdraft
noun
A deficit in a bank account caused by drawing more money than the account holds.
Example: I overdraft my bank account, and now I have debts.
en: Découverte
Union
noun
An organized association of workers formed to protect and further their rights and interests.
Example: At my work, the employees organized a union to get better rights and interest.
en: Union
Withdraw
verb
Take money from a bank account.
Example: I withdraw money from my bank account to pay my new car.
.jpeg?width=1738&height=1162&name=AdobeStock_124308052%20(1).jpeg)
