My Business Glossary
My Business Glossary
This Glossary is a tool for everyone who wants to learn or work in the world of business. It's a compilation of important words or keywords with their definitions that could help you in Business. I did it to help you understand some common terms used in Business industry.
- Assets
- noun
- property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
- Example: IMPORTANCE OF CORPORATE BRANDS In recent years, corporate brands have become enormously valuable ASSETS - companies with strong corporate brands can have market values that are more than twice their book values.
- en: Actifs
- B2B
- adjective
- Business-to-business (B2B) is a transaction or business conducted between one business and another, such as a wholesaler and retailer
- Example: My Organisations prefer to sell Business to Business (B2B) rather than Business to Consumer (B2C)
- en: B2B

- B2C
- adjective
- B2C stands for business-to-consumer and pertain to transactions that take place between a business and an individual as the end customer.
- Example: the computer manufacturer selling directly to the consumer (B2C)
- en: B2C

- Bankruptcy
- noun
- the state of being bankrupt (a person or a company declared in law unable to pay outstanding debts.).
- Example: many companies were facing bankruptcy
- en: Faillite

- Benefits
- noun or verb
- an advantage or profit gained from something.
- Example: enjoy the benefits of being a member
- en: Avantages
- Brand Equity
- a phrase
- the commercial value that derives from consumer perception of the brand name of a particular product or service, rather than from the product or service itself.
- Example: In similar vein, a significant drawback is that products may not be treated individually and this reduces the product's characteristics as customers might get confused of its offerings and hence, damages the BRAND EQUITY.
- en: Valeur de la marque ou valeur perçue

- Break Even
- noun or adjective
- reach a point in a business venture when the profits are equal to the costs.
- Example: the firm will break even at the operating level this year
- en: Seuil de rentabilité

- Cash Flow
- noun
- the total amount of money being transferred into and out of a business, especially as affecting liquidity.
- Competitive Advantage
- noun
- a condition or circumstance that puts a company in a favorable or superior business position.
- Example: expansion is vital to maintaining a competitive advantage
- en: Avantage concurrentiel

- Cost
- noun or verb
- an amount that has to be paid or spent to buy or obtain something or estimate the price of.
- Example: 1.we are able to cover the cost of the even. 2.it is their job to plan and cost a media schedule for the campaign.
- en: Coût
- End user
- noun
- the person who actually uses a particular product.
- Example: The end user of this minivan will be parents
- en: Utilisateur final

- Entrepreneurship
- noun
- the activity of setting up a business or businesses, taking on financial risks in the hope of profit.
- Example: the new business opportunities have encouraged entrepreneurship on a grand scale
- en: Entreprenariat
- Equity
- noun
- the value of the shares issued by a company.
- Example: he owns 62% of the group's equity
- en: capitaux propres des entreprises

- Liabilities
- noun
- a thing for which someone is responsible, especially a debt or financial obligation.
- Example: I'm valuing the company's liabilities and assets
- en: Passif
- Market share
- noun
- the portion of a market controlled by a particular company or product.
- Example: a leading internet service provider with a 15 percent market share
- en: Part de marché

- outsourcing
- noun
- obtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source.
- Example: The trend towards subcontracting and, to use another example, OUTSOURCING, allows larger firms to 'take advantage of both functional and numerical flexibility' (1987:91) relieving them of the responsibility of expensive knowledge workers and, at the same time, benefiting from their knowledge.
- en: externalisation
- Overdraft
- noun
- An overdraft occurs when there isn't enough money in an account to cover a transaction or withdrawal, but the bank allows the transaction anyway. Essentially, it's an extension of credit from the financial institution that is granted when an account reaches zero.
- Example: when I left Cambridge I had a $900 overdraft
- en: découvert bancaire

- Profit Margin
- noun
- the amount by which revenue from sales exceeds costs in a business.
- Example: we have a gross profit margin of 80 percent
- en: Marge bénéficiaire

- Revenue
- noun
- income, especially when of a company or organization and of a substantial nature.
- Example: However, there is a risk that managers may increase the use of activities that create costs in order to maximise sales REVENUE which might impact the profit centre's performance.
- en: Revenu
- Supply Chain
- noun
- the system of people and organizations that are involved in getting a product from the place where it is made to customers
- Example: Every step of the retail supply chain is now tracked by computers.
- en: Chaîne d'approvisionnement
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