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Glosary

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Glosary
 

Crossword Puzzle

GlosaryOnline version

Bussiness glosary

by Regina Cruz Díaz
1

A portion of the after‐tax profits paid out to the owners of a business as a return on their investment.

2

Means to record an expenditure on the balance sheet as an asset, to be amortized over the future. The opposite is to expense.

3

The difference between what a company pays when it buys the assets of another company and the book value of those assets.

4

The formula is: Inventory Turnover = Cost of Sales ¸ Average Inventory. Different businesses have different general turnover levels.

5

The possibility of loss; inherent in all business activities.

6

Money already spent and gone, which will not be recovered no matter what course of action is taken.

7

Money owed to you that is unlikely to be paid to you in the foreseeable future.

8

A process where an individual is legally declared bankrupt and their assets and financial affairs are administered by an appointed trustee.

9

A financial obligation or amount owed.

10

A concept that compares the value of money available in the future with the value of money in hand today.

11

Profits not distributed to shareholders as dividends, the accumulation of a company's profits less any dividends paid out.

12

A document provided to a customer to request payment for a good/service received.

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