Business administration

20 Brankruptcy terms

This glossary is made to learn new word from the business industry

Bankruptcy
noun
The legal status of a person or other entity that cannot repay the debts owed to creditors.
Example: The company is facing bankruptcy.
fr: La fahite
Interior of a Big Bazar during its bankruptcy
Break even
noun
Reach a point in a business venture when the profits are equal to the costs.
fr: Seuil de rentabilité
Break even analyse (blue line)
Cold call
noun
make an unsolicited call on (someone), by phone or in person, in an attempt to sell goods or services.
Example: We were cold-called by a company offering savings on our phone bill.
fr: appel spontané
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Commodity
noun
A raw material or primary agricultural product that can be bought and sold, such as copper or coffee.
Example: Agricultural commodities like grain and corn Oil is a commodity in high demand.
fr: Marchandise
Example of an economic good
Down payment
noun
an initial payment made when something is bought on credit.
Example: it had taken their savings to make the down payment on a house
fr: Acompte
null
Downsizing
noun
Make (a company or organization) smaller by eliminating staff positions.
Example: many companies are downsizing their workforces to cut production costs
fr: Réduction des effectifs
End-user
noun
the person who actually uses a particular product
Example: The lifeblood of any consumer company is getting its products to the end user.
fr: Utilisateur final
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Firm
noun
A business organization, such as a corporatuion, limited-liability compagny or partnership.
Example: She has a firm grasp of the basic principles.
fr: Une firme
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Freight
noun
goods transported in bulk by truck, train, ship, or aircraft.
Example: They ship goods by air freight
fr: la cargaison
Sea freight
Get the axe
verb
To get fired
Example: He got the ax at the end of the first week
fr: être viré
Headquarters
noun
the location where most, if not all, of the important functions of an organization are coordinated.
Example: The company has its European headquarters in Brussels.
fr: Quartier général
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Joint venture
noun
a combination of two or more parties that seek the development of a single enterprise or project for profit, sharing the risks associated with its development.
Example: The new business was a joint venture.
fr: Coentreprise
Lend
verb
grant to (someone) the use of (something) on the understanding that it shall be returned.
Example: Stewart asked me to lend him my car
fr: Prêter
To lend money to someone
Overdraft
noun
To not have enough money in your account to cover a transaction, but the bank pays the transaction anyway.
Example: now I've earned some money, I can pay off my overdraft
fr: a découvert.
Retail
noun
the sale of goods and services to consumers
Example: these shoes retail at 60$
fr: Vente au détail
Retail inventories
Share holder
noun
a person, company, or institution that owns at least one share of a company's stock or in a mutual fund.
Example: he remains a major shareholder in the company
fr: Actionnaire
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Venture
noun
a risky or daring journey or undertaking.
Example: I still think I'm right, but it's probably too risky a venture
fr: Aventure
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: the car comes with a three-year warranty
fr: garantie
Wholesale
noun
the selling of goods in large quantities to be retailed by others.
Example: if you want to sell large expensive pieces then wholesale is probably not the way to go
fr: De gros
Costco
Withdraw
verb
remove or take away (something) from a particular place or position.
Example: slowly Ruth withdrew her hand from his
fr: Retirer
ATM