This Glossary is a tool for everyone who wants to learn or work in the world of business. It's a compilation of important words or keywords
with their definitions that could help you in Business. For example, business could mean marketing, management, sales etc. I did it to help you understand some common terms used in Business industry. My field of study is business management. If you are considering a career in business, these words could help understand your chosen field.
assets
noun
Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Example: IMPORTANCE OF CORPORATE BRANDS In recent years, corporate brands have become enormously valuable ASSETS - companies with strong corporate brands can have market values that are more than twice their book values.
en: Actifs
B2B
adjective
Business-to-business (B2B) is a transaction or business conducted between one business and another, such as a wholesaler and retailer
Example: My Organisations prefer to sell Business to Business (B2B) rather than Business to Consumer (B2C)
en: B2B
B2C
adjective
B2C stands for business-to-consumer and pertain to transactions that take place between a business and an individual as the end customer.
Example: the computer manufacturer selling directly to the consumer (B2C)
en: B2C
bankruptcy
noun
The state of being bankrupt (a person or a company declared in law unable to pay outstanding debts.).
Example: many companies were facing bankruptcy
en: Faillite
benefits
noun or verb
An advantage or profit gained from something.
Example: enjoy the benefits of being a member
en: Avantages
brand equity
a phrase
The commercial value that derives from consumer perception of the brand name of a particular product or service, rather than from the product or service itself.
Example: In similar vein, a significant drawback is that products may not be treated individually and this reduces the product's characteristics as customers might get confused of its offerings and hence, damages the BRAND EQUITY.
en: Valeur de la marque ou valeur perçue
break even
noun or adjective
Reach a point in a business venture when the profits are equal to the costs.
Example: the firm will break even at the operating level this year
en: Seuil de rentabilité
cash flow
noun
The total amount of money being transferred into and out of a business, especially as affecting liquidity.
competitive advantage
noun
A condition or circumstance that puts a company in a favorable or superior business position.
Example: expansion is vital to maintaining a competitive advantage
en: Avantage concurrentiel
cost
noun or verb
An amount that has to be paid or spent to buy or obtain something or estimate the price of.
Example: 1.we are able to cover the cost of the even.
2.it is their job to plan and cost a media schedule for the campaign.
en: Coût
end user
noun
The person who actually uses a particular product.
Example: The end user of this minivan will be parents
en: Utilisateur final
entrepreneurship
noun
The activity of setting up a business or businesses, taking on financial risks in the hope of profit.
Example: the new business opportunities have encouraged entrepreneurship on a grand scale
en: Entreprenariat
equity
noun
The value of the shares issued by a company.
Example: he owns 62% of the group's equity
en: capitaux propres des entreprises
liabilities
noun
A thing for which someone is responsible, especially a debt or financial obligation.
Example: I'm valuing the company's liabilities and assets
en: Passif
market share
noun
The portion of a market controlled by a particular company or product.
Example: a leading internet service provider with a 15 percent market share
en: Part de marché
outsourcing
noun
Obtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source.
Example: The trend towards subcontracting and, to use another example, OUTSOURCING, allows larger firms to 'take advantage of both functional and numerical flexibility' (1987:91) relieving them of the responsibility of expensive knowledge workers and, at the same time, benefiting from their knowledge.
en: externalisation
overdraft
noun
An overdraft occurs when there isn't enough money in an account to cover a transaction or withdrawal, but the bank allows the transaction anyway. Essentially, it's an extension of credit from the financial institution that is granted when an account reaches zero.
Example: when I left Cambridge I had a $900 overdraft
en: découvert bancaire
profit margin
noun
The amount by which revenue from sales exceeds costs in a business.
Example: we have a gross profit margin of 80 percent
en: Marge bénéficiaire
revenue
noun
Income, especially when of a company or organization and of a substantial nature.
Example: However, there is a risk that managers may increase the use of activities that create costs in order to maximise sales REVENUE which might impact the profit centre's performance.
en: Revenu
supply chain
noun
The system of people and organizations that are involved in getting a product from the place where it is made to customers.
Example: Every step of the retail supply chain is now tracked by computers.
:max_bytes(150000):strip_icc():format(webp)/TermDefinitions_Outsourcing-410e9120dbc44211a93c2716b883db05.jpg)
