Business

Business word cloud

Vocabulary List

accelerated benefits
Provision in some life insurance policies that allows the policy holder to receive (in part or in full) the face amount of the policy before death, such as in case of serious illness or injury requiring long-term care. Also called living benefits.
account
A register of financial transactions for securely and quickly providing frequent access to funds on demand, through a variety of different channels.
accountant
A person concerned with the maintenance and audit of business accounts and the preparation of consultant reports in tax and finance.
accounting
A detailed report of the financial state or transactions of a person or entity.
actuary
A person who compiles and analyzes statistics and uses them to calculate insurance risks and premiums.
administrator
One who administers, especially one who works as a manager in a business, government agency, or school.
agent
A person who does business for another person
agreement
A negotiated and usually legally enforceable understanding between two or more parties.
amortization
the process of decreasing an amount over a period. When used in the context of a loan, amortization is the process by which your loan principal decreases over the life of your loan.
amount
a quantity of something, typically the total of a thing or things in number, size, value, or extent.
annual report
a document reporting to stockholders on management and operations and containing fiscal information, published yearly by a publicly held corporation as required by federal law.
appointment
an agreement to meet with someone at a particular time
asset
Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an asset.
associate
A person united with another or others in an act, enterprise, or business; a partner or colleague.
auditor
a person appointed and authorized to examine accounts and accounting records, compare the charges with the vouchers, verify balance sheet and income items, and state the result.
average
The result obtained by adding several quantities together and then dividing this total by the number of quantities; the mean.
balance sheet
a statement of the financial position of a business on a specified date.
banking
the business carried on by a bank or a banker.
bankrupt
(of a person or organization) declared in law unable to pay outstanding debts
bankruptcy
Is a legal status of a person or other entity that cannot repay the debts it owes to creditors. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor.
benchmarking
Comparing one's products to those of  competitors in order to improve quality and performance.
benefits
A payment made or an entitlement available in accordance with a wage agreement, an insurance policy, or a public assistance program.
bill of lading
A document issued by a carrier to a shipper, listing and acknowledging receipt of goods for transport and specifying terms of delivery.
bond
A debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate.
bookkeeping
the activity or occupation of keeping records of the financial affairs of a business.
brand
a category of products that are all made by a particular company and all have a particular name
break even
reach a point in a business venture when the profits are equal to the costs.
broker
a person who buys and sells goods or assets for others.
budget
an estimate of income and expenditure for a set period of time.
business
a person, partnership, or corporation engaged in commerce, manufacturing, or a service; profit-seeking enterprise or concern.
business analyst
Individual who looks closely at a company or department's operations to find where the areas of weaknesses are, and helps develop solutions to overcome those weaknesses.
business card
A small card printed or engraved with a person's name and business affiliation, including such information as title, address, and telephone number.
business law
Commercial law, also known as business law, is the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales. ...
business plan
Set of documents prepared by a firm's management to summarize its operational and financial objectives for the near future (usually one to three years) and to show how they will be achieved. It serves as a blueprint to guide the firm's policies and strategies, and is continually modified as conditions change and new opportunities and/or threats emerge. When prepared for external audience (lenders, prospective investors) it details the past, present, and forecasted performance of the firm. And usually also contains pro-forma balance sheet, income statement, and cash flow statement, to illustrate how the financing being sought will affect the firm's financial position.
business proposal
A business proposal is a written offer from a seller to a prospective buyer.
calculation
a mathematical determination of the size or number of something
calculator
something used for making mathematical calculations, in particular a small electronic device with a keyboard and a visual display.
capital
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.
capitalize
To use as or convert into capital.
cash dispenser
Automatic machine from which a bank customer can withdraw money.
cash flow
The amount of money the company has on hand to pay of its operating expenses
chain store
Two or more shops or outlets that have the same owner and sell similar lines of merchandise.
civil servant
a member of the civil service.
clear my desk
To get work finished
cold call
an unsolicited visit or telephone call made by someone trying to sell goods or services.
commodity
a raw material or primary agricultural product that can be bought and sold, such as copper or coffee.
communication process
The sharing of meaningful information between two or more people with the goal of the receiver understanding the sender's intended message. In business, the effectiveness of a company's internal and external communication process is often very important to its overall success.
company
a business organization that makes, buys, or sells goods or provides services in exchange for money
competitors
a rival
competitors
an organization or country that is engaged in commercial or economic competition with others.
consumer
a person who buys goods and services
contract
A formal agreement between two or more parties. A document that states the terms of such an agreement. The branch of law treating of contracts.
contractor
a person who is hired to perform work or to provide goods at a certain price or within a certain time
cooperative
a farm, business, or other organization that is owned and run jointly by its members, who share the profits or benefits.
core
The basic or most important part
corner office
A corner office is an office that is located in the corner of a building
corporation
an association of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members. See also municipal corporation, public corporation.
cost
to estimate the price of making a product
credit
the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
credit account
an account which a customer has with a shop which allows him or her to buy goods and pay for them late
cubicle
a small partitioned-off area of a room, for example one containing a bed in a dwelling or one containing a desk in an office.
currency
something that is used as a medium of exchange; money.
currency
a system of money in general use in a particular country.
customer
someone who buys goods or services from a business
damage
injury or harm that reduces value or usefulness
deadline
A time limit, as for payment of a debt or completion of an assignment.
debt
something, typically money, that is owed or due.
deduction (taxation)
 Fixed amount or percentage permitted by taxation authorities that a tax payer can subtract from his or her adjusted gross income to arrive at the taxable income.
deficit
the amount by which something, esp. a sum of money, is too small.
deposit
a sum of money placed or kept in a bank account, usually to gain interest.
depreciation
decrease in value due to wear and tear, decay, decline in price, etc.
derivative
The derivative of a function of a real variable measures the sensitivity to change of a quantity which is determined by another quantity. It is a fundamental tool of calculus
development
the act or process of developing; growth; progress: child development; economic development.
direct investment
Entering a foreign market by setting up assembly or manufacturing facilities in that country.
discount
To purchase or sell (a bill, note, or other commercial paper) at a reduction equal to the amount of interest that will accumulate before it matures.
distribution
the delivering of products to end-users, inc. advertising, storing etc
dividend
A portion of a  company's earnings which is paid to the shareholders/stockholders on a quarterly or annual basis.
division
the action of separating something into parts, or the process of being separated.
down payment
Good faith deposit made by a buyer to underline his or hercommitment to complete the deal.
downsizing
an important word suggesting that you lay off staff
economy
thrifty management; frugality in the expenditure or consumption of money, materials, etc.
economy
An entire network of producers, distributors, and consumers of goods and services in a local, regional, or national community.
economy of scale
a proportionate saving in costs gained by an increased level of production
efficient
 achieving maximum productivity with minimum wasted effort or expense.
employee
A person who works for another in return for financial or other compensation.
end-user
the person, customer etc who is the ultimate (and so real) user of a product
entrepreneur
A person who organizes, operates, and assumes the risk for a business venture
entrepreneurship
The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. The most obvious example of entrepreneurship is the starting of new businesses. In economics, entrepreneurship combined with land, labor, natural resources and capital can produce profit. Entrepreneurial spirit is characterized by innovation and risk-taking, and is an essential part of a nation's ability to succeed in an ever changing and increasingly competitive global marketplace.
equities
Stocks and shares which represent a portion of the capital of a company.
evolution
a product of such development; something evolved: The exploration of space is the evolution of decades of research.
exchange rate
the ratio at which a unit of the currency of one country can be exchanged for that of another country.
exhaustion
the state of being extremely tired
expenditure
the act of expending something, especially funds; disbursement; consumption.
expenditure-based budget
Budget based on the cost of goods and services already received and paid for. Financial plan based on the cost of goods and services already received and paid for. See also cost based budget.
exponent
a quantity representing the power to which a given number or expression is to be raised, usually expressed as a raised symbol beside the number or expression 
export
to ship (commodities) to other countries or places for sale, exchange, etc
facility
Something created to serve a particular function
factory
A building or group of buildings containing a plant assembly for the manufacture of goods.
fee
a charge or payment for professional services
fee
Is the price one pays as remuneration for services. Fees usually allow for overhead, wages, costs, and markup.
file
a folder or box for holding loose papers that are typically arranged in a particular order for easy reference.
finance
the management of large amounts of money, esp. by governments or large companies
finance charges
Total cost of borrowing, including interest charges, commitment fees, and other charges paid by the borrower for availing the loan facility. See also cost of capital.
financial
A broad term used to describe many aspects of finance or the financial industry, such as financial instruments, financial services, financial institutions, financial advisors, or financial planning.
financial accounting
A field of accounting that treats money as a means of measuring economic performance instead of as a factor of production.
financial analyst
an analyst who studies the financial performance of corporations
financial analyst
someone whose job is to study companies’ financial performance, usually inorder to decide which ones to invest in
financial assistance
Assistance given by a company for the purchase of its shares or those of its holding companies
firm
A business organization, such as a corporation, limited liability company or partnership.
framework
an essential supporting structure of a building, vehicle, or object
franchise
Association between a manufacturer or wholesaler (franchiser) and an independent business person (franchisee) who buys the right to own and operate a unit in the franchise system.
freight
goods transported by truck, train, ship, or aircraft.
fund
a sum of money saved or made available for a particular purpose.
gain
An increase, or the act of becoming larger or an increase in profit, price, or value.
gainful employment
Employment situation where the employee receives consistent work and payment from the employer. Gainful employment is most often associated with college graduates who become employed after they graduate as a way to measure or rank the college or university where they received their education and training.
general journal
Is where double entry bookkeeping entries are recorded by debiting one or more accounts and crediting another one or more accounts with the same total amount. The total amount debited and the total amount credited should always be equal, thereby ensuring the accounting equation is maintained.
get the axe
To get fired
goodwill
an intangible, salable asset arising from the reputation of a business and its relations with its customers, distinct from the value of its stock and other tangible assets.
gross
without tax or other contributions having been deducted.
headhunter
a person who identifies and approaches suitable candidates employed elsewhere to fill business positions
headquarters
A center of operations or administration
image
the concept or perception of a firm or product held by the general public
import
to bring in (merchandise, commodities, workers, etc.) from a foreign country for use, sale, processing, reexport, or services.
incentive
a thing that motivates or encourages one to do something.
income tax
A tax levied on net personal or business income.
income taxes
a tax levied on incomes, especially an annual government tax on personal incomes.
income taxes
tax levied by a government directly on income, esp. an annual tax on personal income
insurance
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.
integral
a function of which a given function is the derivative, i.e., which yields that function when differentiated, and which may express the area under the curve of a graph of the function.
interest
money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
inventory
A detailed, itemized list, report, or record of things in one's possession, especially a periodic survey of all goods and materials in stock.
investment
Money committed or property acquired for future income. Two main classes of investment are (1) Fixed income investment such as bonds, fixed deposits, preference shares, and (2) Variable income investment such as business ownership (equities), or property ownership. In economics, investment means creation of capital or goods capable of producing other goods or services. Expenditure on education and health is recognized as an investment in human capital, and research and development in intellectual capital. Return on investment (ROI) is a key measure of an organization's performance.
investment funds
A supply of capital belonging to numerous investors that is used to collectively purchase securities while each investor retains ownership and control of his or her own shares.
investor
someone who commits capital in order to gain financial returns
invoice
a list of goods sent or services provided, with a statement of the sum due for these; a bill.
joint venture
A way of entering a foreign market by joining with a foreign company to manufacture or market a product or service.
label
small piece of paper, metal etc on a product giving information about it
labor standards
International labor standards refer to conventions agreed upon by international actors, resulting from a series of value judgments, set forth to protect basic worker rights, enhance workers’ job security, and improve their terms of employment on a global scale. 
launch
to introduce a new product, with publicity etc
lay-offs
the downsizing means that some people may lose their job
leadership
The individuals who are the leaders in an organization, regarded collectively. The activity of leading a group of people or an organization or the ability to do this. Leadership involves: establishing a clear vision, sharing that vision with others so that they will follow willingly, providing the information, knowledge and methods to realize that vision, and coordinating and balancing the conflicting interests of all members and stakeholders. leader steps up in times of crisis, and is able to think and act creatively in difficult situations. Unlike management, leadership cannot be taught, although it may be learned and enhanced through coaching or mentoring. Someone with great leadership skills today is Bill Gates who, despite early failures, with continued passion and innovation has driven Microsoft and the software industry to success. The act of inspiring subordinants to perform and engage in achieving a goal.
legal tender
Currency that cannot legally be refused as payment.
lend
to grant the use of (something) on condition that it or itsequivalent will be returned
let someone go
To fire someone or lay someone off
leverage
the ratio of a company's loan capital (debt) to the value of its common stock (equity).
liabilities
The financial obligations entered in the balance sheet of a business enterprise.
liabilities
The debts and obligations of a company or an individual
liability
A current obligation of an entity arising from past transactions or events
linear function
In mathematics, the term linear function refers to two different, although related, notions: ⁕In calculus and related areas, a linear function is a polynomial function of degree zero or one, or is the zero polynomial. ⁕In linear algebra and functional analysis, a linear function is a linear map
loan
 A sum of money lent with interest.
logarithmic
of, relating to, or expressed in terms of logarithms
loss
General: Unrecoverable and usually unanticipated and non-recurring removal of, or decrease in, an asset or resource. Accounting: (1) cost that produces no benefit, (2) decrease in value, (3) excess of expenditure over income, (4) excess of cost over the net proceeds from a transaction. Insurance: (1) reduction in the value of an insured property due to an insured peril, (2) amount sought in an insurance claim, or (3) amount paid under an insurance contract.
lucrative
profitable; moneymaking; remunerative: a lucrative business.
mail order
the selling of goods by post
management
the members of the executive or administration of an organization or business
management
the process of dealing with or controlling things or people.
management strategy
Skill in managing; executive ability.
manager
someone who is in charge of a business, department, etc.
market
an area (such as a country or part of a country) where a product or service can be sold
market economy
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
market research
study of consumers' needs & preferences, often for a particular product
marketing
is the process of communicating the value of a product or service to customers, for the purpose of selling that product or service
maximizing
To increase or make as great as possible:
meeting
a gathering of people for a particular purpose (such as to talk about business)
meeting agenda
A written statement of the matters which will be considered at a particular  meeting.
microeconomics
The branch of economics that analyzes the market behavior of individual consumers and firms in an attempt to understand the decision-making process of firms and households
microfinance
Alternative term for micro credit.
money
A medium of exchange that functions as legal tender. The official currency, in the form of banknotes, coins, etc, issued by a goverment or other authority.
mortgage
Agreement by which a bank or building society lends money for the purchase of property, such as a  house or apartment.  The property is the security for the loan.
mortgagee
An entity that lends money to a borrower for the purpose of purchasing a piece of real property
motivate
provide (someone) with a motive for doing something.
mutual fund
Savings fund that uses cash from a pool of savers to buy securities such as stock, bonds or real estate.
negotiation
The act or process of negotiating
night deposit box
a place where you can put money in the bank during off hours
offer
To provide or make accessible.
office
a room, set of rooms, or building used as a place for commercial, professional, or bureaucratic work.
office automation
Office automation refers to the varied computer machinery and software used to digitally create, collect, store, manipulate, and relay office information needed for accomplishing basic tasks.
operating budget
A detailed projection of all estimated income and expensesbased on forecasted sales revenue during a given period
opportunity
A favorable or advantageous circumstance or combination of circumstances
organization
A group of persons organized for a particular purpose; an association
overdraft
a deficit in a bank account caused by drawing more money than the account holds.
partner
a person who shares or is associated with another in some action or endeavor; sharer; associate.
patent
a government authority or licence conferring a right or title for a set period, esp. the sole right to exclude others from making, using, or selling an invention.
pay
to transfer or give a certain amount of money in return for a purchase
pay a bill
define :to pay a amount of a goods or services we bought
pay back
to settle (a debt, obligation, etc.), as by transferring money or goods, or by doing something.
payment
the action or process of paying someone or something, or of being paid.
point of sale
the place where a product is actually sold to the public
president
( often initial capital letter ) the highest executive officer of a modern republic, as the Chief Executive of the United States.
pressure
the burden of mental or physical distress especially from grief, illness, or adversity
price
the amount of money expected, required, or given in payment for something.
price analysis
Evaluation of bid prices through (1) comparison of submitted bids or quotations, (2) comparison of current quotations with previous quotations for the same or similar items, (3) comparison with own cost estimates, and (4) use of standard measures.
prime rate
the lowest rate of interest at which money may be borrowed commercially
probability
the extent to which something is probable; the likelihood of something happening or being the case.
product
something made to be sold; merchandise
product development
the process of creating a new product or improving an existing one
production
the act of producing; creation; manufacture.
profit
Excess of revenues over outlays and expenses in a business enterprise over a given period of time, usually a year.
profitable
Yielding profit; advantageous or lucrative.
project management
The body of knowledge concerned with principles, techniques, and tools used in planning, control, monitoring, and review of projects.
promotion
To further or encourage the progress or existence of. To raise to a higher rank, status, degree, etc.
proxy
the authority to represent someone else, esp. in voting.
publicity
something that attracts the attention of the public
purchase
to get (something) by paying money for it
purchase order
a commercial document used to request someone to supply something in return for payment and providing specifications and quantities
purchaser
a person who buys something; a buyer.
range
A selection of products sold by a company.
rate of change
Momentum and rate of change are simple technical analysis indicators showing the difference between today's closing price and the close N days ago.
real estate
Land, including all the natural resources and permanent buildings on it.
record of tax
a compulsory financial contribution imposed by a government to raise revenue, levied on the income or property of persons or organizations, on the production costs or sales prices of goods and services,
refund
To give back, especially money; return or repay
representative
A person or thing that represents another or others. A person who represents and tries to sell the products or services of a firm.
request
To express a desire for, esp politely; ask for or demand.
retail
the sale of goods to the public in relatively small quantities for use or consumption rather than for resale.
retail sale
defines the sale of goods to ultimate consumers, usually in small quantities
retailer
A business or person that sells goods to the consumer, as opposed to a wholesaler or supplier, who normally sell their goods to another business.
round
alter (a number) to one less exact but more convenient for calculations.
safety deposit box
a box you can rent in the vault of a bank to protect your valuables
salary
A fixed regular payment made by an employer, often monthly, for professional or office work as opposed to manual work.
sale
The exchange of goods, property, or services for an agreed sum of money or credit.
sales figures
 the value or amount of the total sales of an industry's or company's productsfor a particular period:
secretary
a person employed by an individual or in an office to assist with correspondence, keep records, make appointments, and carry out similar tasks.
seller
"A party that makes, offers or contracts to make a sale to an actual or potential buyer. Also called vendor"
senior executives
A long standing and top ranking member of the management of an organization. In the business world, a typical senior executive is well respected within their company and has either been well educated in business matters or has worked their way up through the ranks of their company to gain an extensive range of experience.
service
An organized system of labour and material aids used to supply the needs of the public: telephone service, bus service.
share
The capital of a company is divided into shares which entitle the owner, or shareholder, to a proportion of the profits.
share
a part or portion of a larger amount that is divided among a number of people, or to which a number of people contribute.
shareholder
One that owns or holds a share or shares of stock; a stockholder
shareholder
an owner of shares in a company.
software package
written programs or procedures or rules and associated documentation pertaining to the operation of a computer system and that are stored in read/write memory
speculator
Someone who buys and sells stocks and shares in the hope of making a profit through changes in their value.
spreadsheet
a computer program in which figures arranged in the rows and columns of a grid can be manipulated and used in calculations.
staff
a group of persons, as employees, charged with carrying out the work of an establishment or executing some undertaking.
standard
an average level of development or achievement
statement
An abstract of a commercial or financial account showing an amount due
statistic
a number that represents a piece of information (such as information about how often something is done, how common something is, etc.)
statistics
the practice or science of collecting and analyzing numerical data in large quantities, esp. for the purpose of inferring proportions in a whole from those in a representative sample.
stock exchange
a market in which securities are bought and sold.
stockbroker
A licensed professional who buys and sells stocks and shares for clients in exchange for a fee called a 'commission'.
store
a building or room where things are sold
strategy
a plan of action or policy designed to achieve a major or overall aim.
subscription
An agreement to purchase a certain amount ofsecurities, such as stocks.
subtraction
the process or skill of taking one number or amount away from another.
sum
the total amount resulting from the addition of two or more numbers, amounts, or items
superintendent
a person who manages or superintends an organization or activity.
supplier
Willingness and ability to offer goods and services for sale.
supply
The amount of a resource that is available.
survey
to ask (many people) a question or a series of questions in order to gather information about what most people do or think about something
tax
A compulsory financial contribution imposed by a government to raise revenue, levied on the income or property of persons or organizations, on the production costs or sales prices of goods and services, etc.
tax accounting
The management of accounting practices that incorporates tax laws. This type of accounting is regulated by the IRS.
tax levies
A Tax levy, under United States Federal law, is an administrative action by the Internal Revenue Service (IRS) under statutory authority, without going to court, to seize property to satisfy a tax liability.
tax system
A legal system for assessing and collecting taxes. legal system - a system for interpreting and enforcing the laws. law, jurisprudence
team
A group of people organized to work together.
team based organization (tbo)
Non-traditional, innovative work environment relying on teams to achieve its objectives. TBO's major characteristics include (1) mutual trust, (2) employee empowerment in planning, organization, and goal-setting, (3) shared responsibility for self-management, (4) shared accountability for performance, and (5) shared leadership.
technology
the use of science in industry, engineering, etc., to invent useful things or to solve problems
teller
an employee of a bank who receives or pays out money at a counter
tender
something tendered or offered, especially money, as in payment.
terms of sale
The delivery and payment terms agreed between a buyer and a seller
the amount
the sum of the principal and interest of a loan.
to compete
To strive against another or others to attain a goal
trade
the activity or process of buying, selling, or exchanging goods or services
trader
"Investor who holds stocks and securities for a short time (minutes, hours or days) with the objective of making profit from short-term gains in the market. Investment is generally based on stock price rather than on an evaluation of the company."
trainee
a person undergoing training for a particular job or profession.
transaction
The act of transacting or the fact of being transacted.
transaction
Something that is transacted, esp a business deal or negotiation.
treasurer
One who has charge of funds or revenues, especially the chief financial officer of a government, corporation, or association
trend
a general direction in which something is developing or changing.
trust
confidence in the certainty of future payment for property or goods received; credit: to sell merchandise on trust.
underwriter
a person or organization that finances something
union
a combination of bankers or capitalists formed for the purpose of carrying out some project requiring large resources of capital, as the underwriting of an issue of stock or bonds.
upgrade
Newer (and usually more expensive) version of a computer hardware or software, or machine or equipment.
value
monetary or material worth, as in commerce or trade: This piece of land has greatly increased in value.
vault
a room or compartment, often built of or lined with steel, reserved for the storage and safekeeping of valuables, especially such a place in a bank.
venture
a risky or daring journey or undertaking.
viral marketing
The internet version of word-of-mouth marketing - email messages that customers pass on to friends.
warranty
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.
waybill
a list of passengers or goods being carried on a vehicle.
wholesale
The sale of goods in large quantities, as for resale by a retailer
withdraw
Take money from a bank account.
withdrawal
the action of withdrawing something.
workload
the amount of work to be done by someone or something.
workshop
a room, group of rooms, or building in which work, especially mechanical work, is carried on.
year plan
A year during which plan records are kept. This can be a fiscal or calendar year.
yield
The income return on an investment.

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