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Glossary

The document defines various business and financial terms including account, accounting, advertising, auction, balance sheet, bank, bond, board of directors, bookkeeping, business, contract, consumer, corporation, customs, fair competition, finance, financing, income statement, interview, loan, management, market economy, marketing, money, offer, partnership, press, price, producer, product, promotion, report, retailing, and share. It provides brief definitions for each term in one sentence.

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Silvia
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97 views2 pages

Glossary

The document defines various business and financial terms including account, accounting, advertising, auction, balance sheet, bank, bond, board of directors, bookkeeping, business, contract, consumer, corporation, customs, fair competition, finance, financing, income statement, interview, loan, management, market economy, marketing, money, offer, partnership, press, price, producer, product, promotion, report, retailing, and share. It provides brief definitions for each term in one sentence.

Uploaded by

Silvia
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as ODT, PDF, TXT or read online on Scribd
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Account, n

• a formal contractual relationship established to provide for regular banking or brokerage or business services
• Accounting, n
• a system that provides quantitative information about finance
• Advertising, n
• the business of drawing public attention to goods and services
• Auction, n
• the public sale of something to the highest bidder
• Balance Sheet, n
• a record of the financial situation of an institution on a particular date by listing its assets and the claims against
those assets
• Bank, n
• a building in which commercial banking is transacted
• Bond, n
• a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order
to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the
principal
• Board Of Directors, n
• a group of persons chosen to govern the affairs of a corporation or other large institution
• Bookkeeping, n
• the activity of recording business transactions
• Business, n
• the activity of providing goods and services involving financial and commercial and industrial aspects
• Contract, n
• a binding agreement between two or more persons that is enforceable by law
• Consumer, n
• a person who uses goods or services
• Corporation, n
• a business firm whose articles of incorporation have been approved in some state
• Customs, n
• money collected under a tariff
• Fair competition, n
• a competitive exhibition of products
• Finance, n
• the commercial activity of providing funds and capital
• Financing, n
• the act of commercial activity of providing funds and capital
• Income Statement, n
• a financial statement that gives operating results for a specific period
• Interview, v
• discuss formally with (somebody) for the purpose of an evaluation
• Loan, n
• the temporary provision of money (usually at interest)
• Management, n
• the act of managing something;
• Market Economy, n
• an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
• Marketing, n
• the commercial processes involved in promoting and selling and distributing a product or service;
• Money, n
• the official currency issued by a government or national bank
• Offer, n
• the verbal act of offering something
• Partnership, n
• a contract between two or more persons who agree to pool talent and money and share profits or losses
• Press, n
• the state of urgently demanding notice or attention
• Price, n
• value measured by what must be given or done or undergone to obtain something
• Producer, n
• someone who finds financing for and supervises the making and presentation of a show (play or film or program or
similar work)
• Product, n
• commodities offered for sale
• Promotion, n
• act of raising in rank or position
• Report, n
• a written document describing the findings of some individual or group
• Retailing, n
• the activities involved in selling commodities directly to consumers
• Share, n
• assets belonging to or due to or contributed by an individual person or group;
•

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