Accounting Glossary

Accounting and management

This plan is made for people to get to know more about my field which is accounting and management. It is a way for me to practice in English, more words related to my field. It's also a means to bring a plus to people who are interested in learning new words.

Company
Noun
A company is a legal entity formed by a group of individuals to engage in and operate a business—commercial or industrial—enterprise.
Example: The reasons which Krueger put forward for these pay gaps was that monitoring workers' effort in a company owned outlet is much harder.
fr: Entreprise
Company building
Calculator
Noun
Something used for making mathematical calculations, in particular a small electronic device with a keyboard and a visual display.
Example: Decryption of example message: Recall our example private-key is {N,d}={91,29} and our example ciphertext is 28 so the original message should be (Of course a computer can be programmed to calculate this a lot faster than in took me to do so with pencil, paper and calculator.)
fr: Calculatrice
Calculator
Balance Sheet
Noun
A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
Example: The financial and business performance analysis of Bodycote will be initially based on the Consolidated Income Statement, the Consolidated balance sheet and the Consolidated Cash Flow Statement of the company.
fr: Balance
A company's balance sheet
Bill
Noun
A statement of money owed for goods or services supplied.
Example: Usually costs are recognized upon delivery of a bill for materials and services.
fr: Facture
Bill
Building
Noun
A building, or edifice, is a structure with a roof and walls standing more or less permanently in one place, such as a house or factory.
Example: Foreign exchange reserves are considered as insurance in times of crisis and go a long way towards building confidence in the financial system.
fr: Bâtiment
Building
Ledger accounting
Noun
An accounting ledger is an account or record used to store bookkeeping entries for balance-sheet and income-statement transactions.
Example: Accounting ledger journal entries can include accounts like cash, accounts receivable, investments, inventory, accounts payable, accrued expenses, and customer deposits.
fr: Grand livre
Ledger accounting
Money
Noun
A current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.
Example: Failure to do so will almost certainly lead to loss of productivity, money and customers- in the case of the UKPA, a failure to meet passport processing demands and deliver passports on time.
fr: Argent
Money
Check
Noun
A check is a written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer.
Example: Checks may be cashed or deposited.
fr: Chèques
Check
Merchandise
Noun
Goods to be bought and sold.
Example: All three distribution channels are being utilised, mass merchandise, specialist and department stores No outstanding loans or R&D projects Advertising accounts for approx. 60% of budget Operating solely in Sonites market Suggested Future Plans: Increase advertising of SULI by 20% Increase Sales Force by 30 R&D possibility of entering Vodite market Lower production levels to reduce inventory Marketing Strategy Lessons Learnt: Carry out detailed analysis of market before launching R&D projects.
fr: Marchandises
Merchandise
Accounting
Noun
The action or process of keeping financial accounts.
Example: Instead, Maddison avers that total productivity growth, taken to be exogenous in the traditional model, plays a large part in accounting for variation in growth rates and is estimated to have been exceptionally high in both France and West Germany, though not in Britain, during the "golden age".
fr: Comptabilité
Accounting
Cashflow
Noun
Accounting balance indicating the self-financing capacity of a company.
Example: This is what differentiates a complex system from a time-based system The project manager must prepare a budget for the project and be aware of cashflow issues that may arise, so as to not bring the company into cashflow difficulties.
fr: Flux de trésorerie
Cashflow
Finance
Noun
Finance is a broad term that describes activities associated with banking, leverage or debt, credit, capital markets, money, and investments.
Example: The use of these reserves to finance infrastructure may lead to monetary management problems. 2) Tarapore, S.S. 2003.
fr: Finance
Finance
Amortization
Noun
A period in which a debt is reduced or paid off by regular payment.
Example: In 2003, the value of fixed asset after depreciation and amortization increased to £1,498 million, compared with £1,491 million in 2002.
fr: Amortissement
Amortization
Asset
Noun
Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Example: If the Capital asset Pricing Model (CAPM) is used the firm's beta is required, as well as the market return and the risk free rate.
fr: Actif
Asset
Customer
Noun
A person or organization that buys goods or services from a store or business.
Example: Pricing in a customer market.
fr: Client
Customers

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