Small business dictionary

To help accommodate the usual language of business, please see the glossary of terms associated with this section.

A

ACKNOWLEDGEMENT

Thanks, written or oral expression of acknowledgments to the person or organization to use their material. Acknowledgments are used in advertising and public relations, which need to specify the origin.

ADVERTISING

Communication activity, consisting in the dissemination of information on economic assets marfare to attract potential buyers and / or those participating in other promotional activities.

ADVANCE

The amount paid before the receipt of the asset, the performance of the work or service. The Party paying the advance shall lose such amount if it drops the contract.

TO ADJUST

Adjust certain data, such as during a stock, the dividend to keep the subscription right of the posting (at a capital increase or issuance of convertible bonds) sharing a pool of shares or shares.

ASSETS

Any good owned by a person or company that has exchangeable value or commercial value.

added COMMERCIAL

Interval between retail price and wholesale price, intended to cover the costs of movement and gain.

ANNUITIES

The amount of money paid annually a certain period of time by a debtor in order reimbursement of a loan.

AGREEMENT

Act for pecuniary legal agreement between Customer and Contractor for the purpose of execution of works, supply of goods or provision of services.

AUDIT

Consideration by auditors of the financial situation of an enterprise.

B

Barter

System conclude business without money. Products and services are exchanged on a value for value. In the old days, the practice of barter between individuals. Occasionally, it shall so today. Currently, this applies to more transactions in the organizational level and internationally.

BUSINESS

Action contract whose purpose gain

BUSINESS PLAN

Describe past, present and future plans of a business, to demand an investment, a search firm or selling shareholder. He has a strong financial component.

BRAND

Trademark, brand (product).

BOARD

Name in English to the governing board of a company or organization; managing board = board of directors.

E

Economic

Phase

Business cycle, resulted in lower rate of unintended economic growth, reduce income subject to the manufacturers in relation to the previous or the advance.

Efficiency

Shape of economic efficiency that reflects the relationship between factors of production volume and use the results.

ELIGIBILITY

Feature of the organization / project / activities to meet the criteria defined by the financier. Perhaps naming and compatibility with the structural funding from the EU. Are in the two main categories: actions co-financed expenditure.

Entrepreneur

Natural or legal person who assumes the risk to organize, develop and grow a business, a profitable activity.

Entrepreneurs

Concept complex nominating process by which a person or group of persons, by systematic effort, organized and appropriate, exploit opportunities for creating value and growth, satisfying needs through innovation and uniqueness, regardless of resources controlled to a time.

Excise

Fee for consumers, included in the selling price of the goods determined.

F

Feasibility Study

Report of an independent expert on the economic necessity and usefulness of a proposed investment project.

Fiscal Policy

Concept, measures and actions concerning state taxes and their role in shaping budgetary revenues and financing public expenditures, the types of taxes, perception and their use as a tool for stimulating economic growth.

FUNDING

Making available for capital projects determined investment.

G

GRANT

Financial contribution to a project which the applicant is provided with no further repayment obligation (grant aid).

H

habeas corpus

One of the fundamental constitutional laws of England upon which no one can be arrested without a judge's written ordinance and the need to arrest and charge shall be made within 24 hours.

I

INNOVATION

Introduction of new ideas in the market as a new product or service or improve the process of organizing a business.

Insolvency

Status the value of assets available to a trader is less than the obligations toward third parties (creditors, suppliers, budget).

INSOLVENCY

Getting forced by a judicial rule, all assets of the debtor is then divided those creditors.

M

N

NASDAQ

(National Association of Securities Dealers Automatic Quotations) Generic name given to the computerized communication network through which the associated members present continously their selling and buying prices for the securities traded on the desk.

MANAGER

Manager business, the person who applied the principles and management techniques, that is involved in managing an organization with authority to use, combination and coordination of human resources, financial, material and information in order to achieve business objectives.

Management Board

Staff responsible for administration of certain public authorities or private.

O

OFFER

Quantity from an economic factor of production, etc.. which, in a period and a unit cost, is available for sale.

P

PARTNERSHIP

A legal relationship existing between two or more persons associated by contract, applying common principles in running a business.

Privatization

Process, the passage into private ownership of property owned by public and / or administration of state or administrative bodies.

PROFIT

Generic name difference between the time income by selling goods made by an economic and cost, considered as an expression of economic efficiency.

Profitability

Ability of firms to obtain profits, the positive difference between income derived from its own activity (turnover) and the costs of manufacturing, marketing and transaction itself (cost).

PURCHASE

Act which commercial gain economic assets and securities, within the conditions accepted by the parties.

R

RISK

Event unwanted future characterized by uncertainty, with negative effects with the result wrong.

S

SOLVENCY RATIO

Capacity of individuals and / or legal to extinguish outstanding obligations towards its creditors.

Shareholder

Natural or legal person owning one or more shares issued by a company.

T

Trade Balance

Is part of the balance of payments shows that exports and imports of goods and services within a certain period of time. If exports are greater than imports, it is said that trade balance is favorable. Conversely, trade balance is negative.

Taxation

Laws and rules relating to duties and taxes in a country.

TENDER

Procedure for granting funds grants based projects run by special rules. Has resulted in the award funds to projects that get the best scores in the specific assessment carried out by an evaluation committee.

Turnover

Overall amount of sales of products and services of companies in a given period. Serves to measure the volume and the evolution of business firms.

V

Value added tax

Tax indirectly established and charged on the value added in each stage of production and distribution of economic goods.

W

Wall street

New York Street where the New York Stock Exchange NYSE is set up. In the financial chronicles, the name Wall Street is used as a synonym of the Stock Exchange, the commercial financial center of New York.

Warrant

Document issued by the Depositary, by which the depositor shall confirm receipt of goods listed in the content as protected as commercial contract deposit occurred between the parties.

Z

free zone

Name given to limited space, established on the territory of a state, sually within a port or airport or border to the cities in which the customs duties on goods entered for re-export are suspended.