This glossary will help the majority of people who would learn to understand each accounting specific words while making financial reports
audit
noun
An audit is a systematic, independent examination of records, processes, or financial statements to evaluate accuracy, compliance, and performance.
Example: Besides that, it is noted that AUDIT exists because of the insurance hypothesis.
en: audit
automated teller machine (ATM)
noun
An ATM (Automated Teller Machine) is a self-service banking terminal that allows users to securely access their money, deposit cash/checks, transfer funds, and check account balances without visiting a human bank teller.
en: guichet automatique bancaire (GAB)
bar code
noun
A bar code is a visual, machine-readable representation of data, typically composed of parallel lines (1D) or geometric patterns (2D) that encode information such as product identification, pricing, and tracking details.
en: code-barres
billboard
noun
A billboard is a large, outdoor structure designed for advertising, typically situated in high-traffic locations like highways or city buildings to reach drivers and pedestrians.
Example: Cynically rejecting the safeguards projected in SAC , we witness a pitched battle between US contingents at Burpleson Air Force Base, under the 'Peace is our Profession' BILLBOARD.
en: panneau d'affichage
boardroom
noun
a designated room, typically equipped with a large table and seating, where a company’s board of directors or senior management meets to make key strategic decisions, discuss policies, and govern the organization
Example: Business Week, Lessons From BOARDROOM Dramas, 3rd February 1993, p. 134, cited in: Esen, R., (op.cit.), pp.203 Re Continental Assurance Company of London plc.
en: salle de réunion
bond
noun
A formal, interest-paying loan (debt security) made by an investor to a borrower (government or corporation), or a strong, lasting relationship between people.
Example: Figure 6 summarises information about this BOND, the atoms involved in the BOND are the hydroxyl group of Y124 and the Nitrogen (N3) of the ligand.
en: obligation
Cash register
noun
A mechanical or electronic device used in retail and hospitality to calculate, record sales transactions, and securely store cash in an attached drawer.
en: caisse
chief financial officer
noun
Chief Financial Officer (CFO) is the top-ranking executive responsible for managing a company's financial actions, including tracking cash flow, financial planning, reporting, and analyzing strengths/weaknesses.
Example: Due to volatility of CFO and the negative association between investment and future CFO, correlation between the reported FCF and future FCF will often be noisy and complex, undermining its usefulness as a financial performance measure.
en: directeur financier
commission
noun
A fee paid to an agent or employee for transacting business, usually a percentage of the total sale amount.
Example: Target changes affect the employees as well as the profitability of the company in terms of bonus, while the COMMISSION does not change as it does not depend on the sales target.
en: commission
company
noun
A legal entity formed by individuals or groups to engage in commercial or industrial activities, aiming to produce goods or services for profit.
Example: This comment from a Nestle executive summarises the argument on whether the COMPANY benefited from confronting the activists directly.
en: entreprise
copyright
noun
An exclusive legal right that protects original creative works—such as literary, artistic, musical, or dramatic works—by granting the creator control over how their work is reproduced, published, performed, or adapted.
Example: The article concludes with outlining problems with the Millennium COPYRIGHT Act and how eBay uses it to its advantage.
en: droits d'auteur
dealership
noun
A business authorized to sell specific goods, typically vehicles (cars, boats, RVs), directly to consumers on behalf of a manufacturer.
Example: However the authorities have not succeeded in dealing with certain areas, for example, the abuse in the car industry, in which cars are distributed through exclusive DEALERSHIP networks, ignoring all of the normal competition rules and resulting in huge price differentials.
en: concession
deposit
verb
A sum of money placed into a bank account for safekeeping, or a partial payment made to secure a purchase, rental, or service.
Example: DEPOSIT Insurance In the economic literature exists an interesting discussion around the moral hazard problems involved with the DEPOSIT insurances (DI) (see Scott 2002).
en: dépôt
dividend
noun
A distribution of a portion of a company's earnings to its shareholders, approved by the board of directors.
Example: DIVIDEND Cover Figure 8: DIVIDEND Cover 0323028, Personal Communication Justification: DIVIDEND cover displays the number of times that the ordinary DIVIDEND could be paid from current earnings.
en: dividende
expense
noun
The cost of operations, a financial burden, or an outlay of money required to generate revenue or sustain an activity.
Example: Yet, it is argued that ideological differences are irreconcilable as the CFDT advocates salvaging the majority of jobs at the EXPENSE of a few losses and the CGT advocates, on principle, the salvaging of each and every job, potentially at the risk of losing all jobs (Segrestin 1987:207).
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