Business
Business
20 terms
My name is Abigaëlle, I’ve been in this program for two sessions. My glossary is about business and to help other students. It will help you to understand complex business terms. This glossary will include 20 hard terms. These definitions were mostly found on a glossary website and some of them were found in our English book. Now if you want to learn more terms, I refer you to this website: https://www.workspace.co.uk/content-hub/business-insight/glossary-of-business-terminology.
- bill of lading
- A document issued by a carrier to a shipper ; listing and acknowledging receipt of goods for transport and specifying terms of delivery.
- bookkeeping
- The activity or occupation of keeping records of the financial affairs of a business.
- break even
- Reach a point in a business venture when the profits are equal to the costs.
- capital
- Money invested into a company or project by its owners.
- chain store
- Two or more shops or outlets that have the same owner and sell similar lines of merchandise.
- cubicle
- A small partitioned-off area of an office containing a desk.
- get the axe
- To get fired.
- headquarters
- A center of operations or administration.
- income tax
- A tax levied on net personal or business.
- inflation
- A general increase of the price of goods and services within an economy.
- investment trust
- A company on the stock exchange that only invests in other’s economy.
- lay-off
- The dismissal of temporary workers.
- managed fund
- There are two ways in which can be controlled
- actively : A fund manager buys and sells to maximize gains and minimize losses.
- passively : A computer programme tracks the performance of a market.
- net asset value
- A way of measuring investment trusts. Take the total number of its assets minus its liabilities.
- oligopoly
- A market where only a few firms control the percentage of total sales.
- privatisation
- The process of moving states - owned assets into the private sector.
- quota
- A trade restriction set by a government on how much a product can be imported and exported.
- return on investment
- The earning power of an asset or activity measured as a ratio of the net income of the activity to the operational cost. Return on investment (ROI) lets a company know whether an activity is profitable enough to continue.
- share index
- Tracks the value of shares on the exchange to demonstrate their performance.
- takeover
- The buying out of one company to another.