BUSINESS GLOSSARY

Business Glossary

I created this glossary for people in the Business Management program. You can find basic terms that an entrepreneur or a future manager must understand to succeed in business.

Agent
noun
A person who does business for another person.
Example: He's a real estate agent.
en: agent (e)
Man talking with female salesperson in a car showroom
Agreement
noun
A negotiated and usually legally enforceable understanding between two or more parties
Example: It was found impossible to arrive at an agreement.
en: une entente
Signing of the Edinburgh agreement
Bookkeeping
noun
The activity or occupation of keeping records of the financial affairs of a business.
Example: All bookkeeping was handled by an accounting firm.
en: Tenue de livre compte
What does a bookkeeper do and when does my business need one?
Budget
noun
An estimate of income and expenditure for a set period of time.
Example: The Government's annual budget deficit stands at 4 per cent of GDP.
en: Budget
US Federal Governement budget for the period 1990-2000 (in billion of dollars)
Business
noun
A person, partnership, or corporation engaged in commerce, manufacturing, or a service; profit-seeking enterprise or concern.
Example: My business has at last gotten on the right track.
en: Entreprise
Illuminated polyhedral building Louis Vuitton over the water at Marina Bay in the evening, with skyscrapers of the Central Business District in the background, Singapore
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: In doing so they transform inactive money capital into active, that is, into capital yielding a profit.
en: Capital
Stacked of coin money with account book finance and banking concept for background.concept in grow and walk step by step for success in business
Company
noun
A business organization that makes, buys, or sells goods or provides services in exchange for money.
Example: I built this company.
en: Société
The National Biscuit Company Building. Nabisco occupied the building until the late 1940s or early 50s when it became a wholesale furniture place named Purse & Co.
Competitor
noun
A rival organization that is engaged in commercial or economic competition with others.
Example: Home Depot is a big competitor.
en: Concurrent
Burger King and Mcdonald's direction signs
Consumer
noun
A person who buys goods and services.
Example: Consumer rights when dealing with creditors.
en: Consommateur
Les mythes du consommateur fidèle
Cost
noun
To estimate the price of making a product.
Example: Do you have any idea how much this gym cost to set up?
en: Coût
Low cost of living- Terrebonne Economic Development Authority
Customer
noun
Someone who buys goods or services from a business.
Example: She is one of our best customers. She's a pretty cool customer.
en: Client(e)
The customer is not always right.
Dividend
noun
A portion of a company's earnings which is paid to the shareholders or stockholders on a quarterly or annual basis
Example: In addition to the dividend 5% was allowed for commission, office expenses and risk.
en: Dividende
Dividend icone outline style thin line creative vector image.
employee
noun
A person who works for another in return for financial or other compensation.
Example: The relation between employer and employee is in the main far more personal and kindly than in the mills of the Northern States.
en: Employé(e)
Employee group image
Factory
noun
A building or group of buildings containing a plant assembly for the manufacture of goods.
Example: Working in a factory required learning a whole different rhythm of life.
en: Usine
Cambodia. Sihanoukville - Brewery. Cambrew Beer Factory. Angkor Beer Factory.
Marketing
noun
The process of communicating the value of a product, service or brand to costumers, for the purpose of selling that product or service.
Example: I'm a self-employed electrician, Sarah works in marketing for a publishing company.
en: Commercialisation
Marketing Management Photos.
Money
noun
A medium of exchange in the form of banknotes, coins, etc, issued by a government or other authority.
Example: He said I could spend his money with a clear conscience.
en: De l'argent
Pile of money pictures
Office
noun
A room, set of rooms, or building used as a place for commercial, professional, or bureaucratic work.
Example: I've repaired the computers in your office, too.
en: Bureau
Contemporary loft office interior 3d rendering stock illustration.
Profit
noun
Excess of revenues over expenses in a business enterprise over a given period of time, usually a year.
Example: I turned a good profit on that piece of real estate.
en: Profit
Businessman drawing graphs profit vs cost reduction concept vector illustration.
Seller
noun
The party that makes a sale to a buyer. Also, call vendor.
Example: Fred wasn't able to contact the seller.
en: Vendeur(se)
Smiling seller talking smartphone, female customer looking bag store.
Trade
noun
The activity or process of buying, selling, or exchanging goods or services.
Example: When partners trade more, they fight less.
en: Échanger
ecommerce, shipping, globe, trade, map, worldwide, application, business, tracking...

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WHO I AM!?

Hi my future managers!   About me: I am Serena a student at Ahuntsic College! I have been studying Business Management for 3 years. This program will give me information about running a business, marketing strategies and everything I need to succeed in my future company, like accounting, employee management, commerce, etc. I'm going to do a technique in college, so that includes basic courses and specific courses. In the Business Management program there's a possibility of doing an internship in France! My passion  is everything related to entrepreneurship, marketing, stock-market investing, real estate investing and e-commerce, so I believe this program is a good fit for me.  About this blog:   My blog will be about my passion, but it is also related with my program. People who should be interested in my blog are people like me who don't want to become the employee, but the employer. In this blog, I will publish everything that comes to mind, such as glossaries...
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