My name is Joseph McCarty. I am 42 years old. I have been working at Eminence for 18 years. This glossary will help me to learn all the vocabulary that I need and will use for my Accounting and Financial field. By this way, I will master these words and will have a better knowledge of these terms. My field is Accounting and Financial program, so all the terms will have a link with the vocabulary of an accountant and. My glossary can help people who want to be an accountant and know the more important terms to know for this job. I found the most important words. I want that my reader understand and pronounce correctly these words.
Account
noun
A record or statement of financial expenditure and receipts relating to a particular period or purpose.
Example: Bridget Riley had no intention of either presenting an ACCOUNT of Poussins' aims and procedures, or of demonstrating Veronese's debts to his predecessors in Venetian art, as a historian would have felt a duty to do.
en: Compte
Accounting
noun
the action or process of keeping financial accounts.
Example: Two main types of explanation are offered as ACCOUNTING in these terms for the distinctive ways in which women and men approach moral questions: these are, first, predominantly biological explanations, and, second, predominantly social or cultural explanations.
en: Comptabilité
Asset
noun
Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Example: Thus, besides the training provided to youth in school, the existence of the school program can have supplementary benefits to industry which make it an ASSET to industrial development efforts.
en: Actif
bankruptcy
noun
The state of being bankrupt.
Example: Cash position is a core to corporation when comparing with profit, for a company may loss in profit for several times, while facing BANKRUPTCY after exhausting cash.
en: faillite
Cash Flow
noun
The total amount of money being transferred into and out of a business, especially as affecting liquidity.
Example: When time is money that can be a considerable saving, or as the planning documents predicted, there was "a considerable improvement in CASH FLOW". [5]
From time to time, a van is sent down to the Regional Chief Executive's Department to get census data (on disk).
en: Des flux de trésorerie
Credit
noun
An entry recording a sum received, listed on the right-hand side or column of an account.
Example: But he was able to lend some £300,000 to the Habsburgs in return for political support against pretenders; and he probably left his son a CREDIT balance of about one year's ordinary income.
en: Crédit
downsizing
Make (a company or organization) smaller by eliminating staff positions.
Example: Conventional discussions found in media and political debates usually focus on the direct effects of the components of the three factors that are more visible from the domestic perspective, such as the number of jobs created by inward FDI, the number of jobs lost in the layoffs accompanying corporate 'DOWNSIZING' and 'outsourcing,' and the competition with the imports from low-wage counties and foreign immigrant.
en: réduction des effectifs
Income Statement
noun
An income statement shows a company's revenues, expenses and profitability over a period.
Example: The synthetic lease is a hybrid financing structure that allows a company to have many of the benefits of asset ownership, including capital lease treatment for tax purposes, while treating lease payments as operating expenses on the firm's INCOME STATEMENT.
en: État des résultats
income tax
noun
Tax levied by a government directly on income, especially an annual tax on personal income.
Example: Specifically, results indicate that state corporate INCOME TAX bases decline by around seven percent following a one-percentage-point increase in top marginal corporate INCOME TAX rate, controlling for vocational distortions. Results also suggest that throwback rules are usually ineffective in restoring corporate INCOME TAX bases while combined reporting requirements are often effective.
en: impôt sur le revenu
Investment
noun
Investment is the act of committing money or resources into assets, projects, or businesses with the expectation of generating a profit, income, or capital appreciation over time. It is a key strategy for growing wealth and achieving financial goals, though it carries risks and the potential for losses, unlike savings.
Example: The discussion starts with a review of traditional approaches to INVESTMENT under uncertainty and presents the main characteristics and advantages of the real option framework. Then, the thesis develops a case to study an INVESTMENT decision faced by an electric utility in a deregulated competitive electricity market.
en: Investissement
Liability
noun
The state of being responsible for something, especially by law.
Example: Indeed, it will be described almost entirely as a LIABILITY because the costs will be known.
en: dettes
Matching Principle
noun phrase
A fundamental accrual accounting concept requiring expenses to be reported in the same period as the revenues they helped generate.
Example: There is no example on Lextutor.
en: Principe d'appariement
Merger
noun
A combination of two things, especially companies, into one.
Example: And, with its disintegration, both were driven to an increasing identification with German nationalism and the proposal for a MERGER of Austria and Germany.
en: Fusionnement
net profit
noun phrase
The actual profit after working expenses not included in the calculation of gross profit have been paid.
Example: Hence P is the increase in value of the stream minus the cost of operation, that is, the NET PROFIT. If **f denotes the NET PROFIT from stage r and **f then the principle of optimality gives **f This sequence of equations may be started with the remark that with no process **f there is no profit, i.e., **f.
en: bénéfice net
NSF cheque
noun phrase
An NSF (Non-Sufficient Funds) check occurs when a check is written for more money than is available in the account, causing the bank to reject payment.
Example: There is no authentic example.
en: Chèque sans provision
Petty cash
noun
Petty cash is a small, accessible amount of physical cash kept on hand by businesses to pay for minor, incidental expenses—such as office supplies, parking, or postage—where writing a check or using a credit card is impractical.
Example: There is not an authentic example.
en: Petite caisse
Retail sale
noun phrase
Retail sales represent the total revenue generated by selling goods and services directly to end consumers.
Example: In industrial and commercial practice two temperature ranges for storage and RETAIL SALE are used, namely frozen foods and deep-frozen foods.
en: vente au détail
Savings bonds
Compound noun
A savings bond is a low-risk, government-issued debt security that acts as a loan from an individual to the government, offering a secure return on investment over a set period.
Example: There is not an authentic example.
en: Bons d'épargne
Share
noun
One of the equal parts into which a company's capital is divided, entitling the holder to a proportion of the profits.
Example: The three categories of buyers as a SHARE in the number of Waitrose's Figure.
en: action
Shareholder
noun
An owner of shares in a company.
Example: The results indicate that most aspects of governance, in particular, the composition and functioning of the board of directors, the CEO's dual role as the chairman of the board, the effectiveness of the audit committee, and SHAREHOLDER rights are significantly associated with the credibility of reported earnings for firms in the highest agency cost group.
en: Actionnaire
stock exchange
Compound noun
A market in which securities are bought and sold.
Example: Adopting international accounts reporting standard made it easier for Centrica PLC to be quoted on the STOCK EXCHANGE having its own country accounting standards followed.
en: bourse
Tender
noun
A tender is a formal, written invitation or bid to supply goods or services, commonly used in business procurement.
Example: The corporation sells land by TENDER or by private negotiation.
en: Soumission
Travelling expenses
noun phrase
Travel expenses are costs incurred by employees or business owners for transportation, lodging, meals, and incidental expenses while traveling for business purposes.
Example: There is not authentic example
en: frais de voyage
Trust funds
noun
A fund consisting of assets belonging to a trust, held by the trustees for the beneficiaries.
Example: For the original testator might, as frequently happens, have left TRUST FUNDS to be administered in the upkeep of someone's grave.
en: fonds en fiducie
Turnover
noun
The rate at which employees leave a workforce and are replaced.
Example: This argument proposes that some workers operate within an environment dominated by low wages, high unemployment and TURNOVER rates, with limited opportunities for mobility.
en: renouvellement
Union
noun
A club, society, or association formed by people with a common interest or purpose.
Example: The union of the two companies resulted in a stronger market presence.
