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Business terms can be confusing. To help you get familiar with this specialized language, the management experts at Sling have created a list of the 70 business terms every manager needs to know. Finance Business Terms. 1) ROI. Return on investment (ROI) refers to all the benefits — monetary or otherwise — received from an investment.
Jul 13, 2024 · This list of 100 business terms and their definitions prepares one with words that set up a person for success in any professional setting. Financial Terms: Accounts Payable (AP): The money a company owes to suppliers for goods or services received on credit.
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3 days ago · Learn what business jargon is and explore 45 unique business jargon terms to enhance your communication in the workplace.
- Accounts payable. Accounts payable are short-term debts owed by a small business. These may include bills for utilities, inventory received, or services rendered.
- Accounts receivable. If a business sells an item or service on credit to a customer, the amount due would be classified under accounts receivable. Accounts receivable do count as an asset, but it’s important to track total days a sale is outstanding.
- Accrual vs. cash-based accounting. Accrual-based accounting tracks income and expenses when you create invoices, whether or not money changed hands. While cash-based accounting includes income and expenses only when customers make payments or vendors are paid.
- Assets. Assets are the items a business uses to conduct business, such as equipment, inventory, and intellectual property. Not all assets are physical goods because things like patents and copyrights are also valuable parts of your business.
Find 96 different ways to say BUSINESS, along with antonyms, related words, and example sentences at Thesaurus.com.
This A-to-Z glossary defines key Business terms you need to know. Business professionals develop a diverse skill set encompassing business administration, finance, marketing, operations, entrepreneurship, ethics, analytics, communication, and global business.
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Mar 18, 2020 · Business and Finance Terms to Know. From accounting, to business loans, to general business financial operations, here’s the ultimate list to all the business finance terms and definitions you need to know: 1. Accounts Payable. Accounts payable is a business finance 101 term.
