Hi, I'm Magalie Gelinas and I have been studying Business management for the past three years. This glossary is for other people like me who are studying Business management, and could need a glossary to help them communicate with the correct words in their field.
This glossary can help you remember words you have forgotten and that you need to use to properly communicate with your peers. It can help you to understand the meaning of the word, and it can help you with the pronunciation. This glossary contain 20 terms that can be useful for you. I collected words from the book actively engaged online by Nicholas Walker in the field of Business. You should use this glossary when you need help with terms you don't remember properly.
advertisement
noun
A promotional message to attract interest in a particular product, service or job vacancy.
Example: He learned about the job from an advertisement in the newspaper.
en: publicité
break even
noun
Reach a point in a business venture when the profits are equal to the costs.
Example: The airline hopes to break even next year and return to profit the following year.
en: seuil de rentabilité
budget
noun
An estimate of income and expenditure for a set period of time.
Example: This year's budget is $17 million.
en: budget
cash flow
noun
The amount of money the company has on hand to pay of its operating expenses.
Example: The company ran into cash flow problems and faced liquidation.
en: flux de trésorerie
competitor
noun
A rival organization that makes, buys, or sells goods or provides services in exchange for money.
Example: His main competitor was Denny Hamlin.
en: concurrent
consumer
noun
A person who buys goods and services.
Example: The principal consumer of this iron and steel is the government.
en: consommateur
contract
noun
A formal agreement between two or more parties. A document that states the terms of such an agreement.
Example: The contract requires him to finish work by the end of the year.
en: contrat
cost
noun
To estimate the price of making a product.
Example: It would cost more than seven dollars.
en: coût
debt
noun
Something, typically money, that is owed or due.
Example: The company has run up huge debts.
en: dette
employee
noun
A person who works for another in return for financial or other compensation.
Example: He is an employee of Fuji Bank.
en: employé
export
verb
To ship commodities to other countries or places for sale.
Example: The nation also exports rice.
en: exporter
franchise
noun
An association between a wholesaler and an independent business person who buys the right to own and operate a branded retail unit for the wholesaler's products.
Example: They just opened a new fast-food franchise down the street.
en: franchise
inventory
noun
A detailed, itemized list, report, or record of things in one's possession, especially a periodic survey of all goods and materials in stocks.
Example: We made an inventory of the library's collection.
en: inventaire
label
noun
A small piece of paper on a product giving information about it.
Example: It says on the label that no preservatives or artificial colourings have been added.
en: étiquette
launch
verb
To introduce a new product into a market with advertisement or publicity.
Example: The programme was launched a year ago.
en: lancement
market
noun
An area such as a country or part of a country where a product or service can be sold.
Example: The Christmas market draws visitors to the city every year.
en: marché
supplier
noun
A person or entity that is the source for goods or services.
Example: I've ordered a new computer from the supplier.
en: fournisseur
warranty
noun
A written guarantee, issued to the purchaser of an article by its manufacturer, promising to repair or replace it if necessary within a specified period of time.
Example: Most of the roofing projects being looked at right now have a 20- to 30-year warranty.
en: garantie
wholesale
noun
The sale of goods in large quantities, as for resale by a retailer.
Example: The crops originated from wholesale growers.
en: vente en gros
withdraw
verb
Take money from a bank account.
Example: They withdrew 100 dollars from a bank account.
