Business Administration Glossary

20 Business Glossary terms

Hi there, I'm Parfait Disashi. I'm switching to business administration after two years of studying Social Science at Ahuntsic College to improve my managerial and financial abilities. I made this glossary as a useful tool for students, business professionals, and entrepreneurs who want to learn 20 essential terms in finance and business. A precise definition, an audio pronunciation, a real-world example, and, occasionally, an image aid are all included for each term to help with comprehension.

budget
noun
An estimate of income and expenditure for a set period of time.
Example: The budget for the project was a million pounds.
en: budget
business
noun
A person's regular occupation, profession, or trade.
en: enterprise affaires
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capital
noun
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.
Example: Rates of return on invested capital were high".
en: capital
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cash flow
noun
The total amount of money being transferred into and out of a business, especially as affecting liquidity.
en: flux monétaires
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chain store
noun
One of a series of stores owned by one company and selling the same merchandise.
en: chaîne de magasins
contract
noun
A written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law.
en: contrat
a look of it
debt
noun
Something, typically money, that is owed or due.
Example: I paid off my debts.
en: dette
deposit
noun
A sum of money placed or kept in a bank account, usually to gain interest.
Example: We've saved enough for a deposit on a house.
en: dépôt
money saved
dividend
noun
A sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits (or reserves).
en: dividende
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down payment
noun
An initial payment made when something is bought on credit.
en: acompte
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employee
noun
A person employed for wages or salary, especially at nonexecutive level.
en: employé(e)
expense
noun
The cost required for something; the money spent on something.
Example: We had ordered suits at great expense.
en: frais
export
verb
Send (goods or services) to another country for sale.
en: exportation
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franchise
noun
An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products.
Example: Toyota granted the group a franchise.
en: franchise
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import
verb
Bring (goods or services) into a country from abroad for sale.
en: importer
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insurance
noun
A practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.
en: assurance
investment
noun
The process of investing your money in an asset with the objective to grow your money in a stipulated time period.
en: investissement
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invoice
noun
A list of goods sent or services provided, with a statement of the sum due for these; a bill.
en: facture
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lend
noun
Grant to (someone) the use of (something) on the understanding that it shall be returned.
Example: Stewart asked me to lend him my car.
en: prêt
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loan
noun
A thing that is borrowed, especially a sum of money that is expected to be paid back with interest.
en: dette