Business Glossary
Business Glossary
20 terms
This Business Glossary will help you if you are working in business. I choose 20 words that will be useful for the day you are at work. Those word will help you to be sure to understand every term. Those word will help you to have a better vocabulary and to use the right word at the right moment. You should be able to communicate very well with everyone and don't do mistake about the work you are using.
- account
- If you have an account with a bank or a similar organization, you have an arrangement to leave your money there and take some out when you need it.
- administration
- The process or activity of running a business, organization, etc.
- balance sheet
- 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.
- capital
- 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.
- cash flow
- The total amount of money being transferred into and out of a business, especially as affecting liquidity.
- copyright
- The exclusive legal right, given to an originator or an assignee to print, publish, perform, film, or record literary, artistic, or musical material, and to authorize others to do the same.
- creditor
- A person or company to whom money is owed.
- customer account
- An identified, named collection of balances and cumulative totals used to summarize customers transaction-related activity over a designated period of time. Customer Account is sub typed into a number of different kinds of accounts such as loyalty account, installment account, etc.
- debtor
- A person or institution that owes a sum of money.
- economies of scale
- A proportionate saving in costs gained by an increased level of production.
- half year
- A period of six months, used especially in reference to financial transactions.
- income tax
- Income taxes are mandatory payments individuals or businesses make to the government based on their earnings, profits, or taxable income. Governments collect income tax on the profit earned by businesses in their territory—whether those businesses are corporations, partnerships or sole proprietorship.
- insolvency
- The state of being insolvent; inability to pay one's debts.
- liquidity
- The ability of a company or an individual to settle short-term liabilities easily and on time.
- marketing
- The activity or business of promoting and selling products or services, including market research and advertising.
- marketing mix
- A combination of factors that can be controlled by a company to influence consumers to purchase its products.
- meeting
- An assembly of people, especially the members of a society or committee, for discussion or entertainment.
- return on investment
- The profit from an activity for a particular period compared with the amount invested in it.
- revenue
- Income, especially when of a company or organization and of a substantial nature.
- supplier
- A company, person, etc. That provides things that people want or need, especially over a long period of time.