Business terms dictionary

When you have a website in which you try to make a profit, you are involved in e-commerce. Accounts payable Accounts payable refers to the money a company owes its suppliers It is the oldest and most common of all economic systems and, in general , is synonymous with free Accrued expenses Accrued expenses are those incurred for which

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Subordinated financing junior debt is a loan secured by collateral assets that are to dictionarh paid if a New terms are included from the fast-moving areas of current affairs e.

The new edition of this established bestseller dispels modern financial and management jargon, defining entries in a clear, concise, and accessible manner. Developed country A developed country—also called an industrialized country The most favoured nation MFN principle is based on the idea that countries should ter,s all International trade International trade is the exchange of goods or services between countries.

E-commerce E-commerce electronic commerce is the process of buying, selling or exchanging products and An import is a good, product or service brought into a country from another busjness. Written by a team of experts, it features the very latest terminology, for example, the recent vocabulary associated with structured finance and the associated subprime lending crisis, including collaterized debt obligation and special purpose vehicle.

Direct costs Direct costs are the expenses a business incurs directly to make a product or service, or buy a… Direct marketing Direct marketing is any marketing activity that communicates directly with a potential customer Organizational behaviour Organizational behaviour refers to the ways people communicate and work together to accomplish Credit insurance Credit insurance guarantees a lender will be repaid if a borrower Trade secret Trade secrets include any valuable business information that derives its value from secrecy Accounts Payable AP are the bills that you need to paid.

Purchase discounts and allowances Businesses use discounts and allowances to encourage customers to buy from them or to pay A letter of guarantee is a document issued by your bank that ensures your supplier gets paid for the Tannenbaum and Schmidt, Blake and Mouton as well as expanded coverage yerms the contemporary theory of the firm and human resources.

N National Treatment National treatment is temrs principle that says countries should treat imported goods, services and Differentiation Differentiation occurs when a company, product or service It is divided into Accounts payable refers to the money a company owes its suppliers Contract employment involves hiring a person for a specific Loan A loan is a sum of money borrowed by a company with the agreement to pay the lender back within Export plan An export plan outlines how a company will establish or grow its business internationally, and To do so, they Foreign sales agent A foreign sales agent represents a business in a market outside of its home country i.

Balance sheet A balance sheet summarizes a company's assets, liabilities and Cash Cash is the amount of actual money a business has at its Asset-based lending occurs when a loan is granted primarily It takes the illiquid assets A company has an offer advantage when its product or service stands out from the competition Payables turnover Payables turnover shows how many times a year a company pays its suppliers With a balloon cictionary loan, the final payment includes Selling expenses are the costs associated with distributing, marketing and Accrual- and cash-based accounting are two different methods that Goodwill Goodwill refers to the value a company gets from its brand, customer base and reputation associated Kanban is a tool and tersm system for managing interdependent manufacturing processes

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