Business management glossary.

Hi, my name is Mohamed Samake, and I am in Business Management. I have been in this program for 2 years and my glossary is for all the community. business management is the art of planning, organization and controlling the activities of a business to achieve their goals. It features in management, finance, business, marketing, and organization. I have been using my book to search for words for this glossary. Words that are pretty much used in this field of program. I hope you will enjoy this glossary.

account: noun; A record or statement of financial expenditure and receipts relating to a particular period or purpose.; Example: All the details of this transaction should be taking account in our book.; fr: compte
accounting: noun; The action or process of keeping financial accounts.; Example: The annual report is in compliance with specific accounting requirements.; fr: comptabilité
asset: noun; Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.; Example: This new technology is proving to be the biggest asset for our new smarter working approach.; fr: actif
budget: noun; An estimate of income and expenditure for a set period of time.; Example: What is your budget mister?; fr: budget
contract: noun; A written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law.; Example: We agreed with this contract right?; fr: contrat
current liabilities: noun; Amounts due to be paid to creditors within twelve months.; Example: Net working capital might be cash or might be the difference between current assets and current liabilities.; fr: passif courant
employer: noun; A person or business that employs one or more people, especially for wages.; Example: He was fired after he was caught stealing from his employer.; fr: employeur
finance: noun; The management of large amounts of money, especially by governments or large companies.; Example: He took a job to finance his stay in Netherland.; fr: finance
financial statement: noun; Writing records that convey the financial activities of a company. A document showing credits and debits.; Example: What is your financial statement right now?; fr: état financier
gross income: noun; Receipts and gains from all sources less the cost of goods sold.; Example: The website takes commission from gross income earned.; fr: revenu brut
gross profit: noun; Sales minus all costs directly related to thoses sales, including manufacturing expenses, raw materials, labor selling, marketing and other expenses.; Example: A company's gross profit is the difference between its total income from sales and its total production costs.; fr: bénéfice brut
interest: noun; A change for a loan, usually a percentage of the amount loaned.; Example: You will pay the total of this purchase with 5% interest on it.; fr: intérêt
interest expense: noun; The amount allocated for interest payments made by a company.; Example: We added an interest expense of 200$ on your card.; fr: frais d'intérêts
loss: noun; The result of selling assets for a price lower than the original purchase price.; Example: We experienced a very big loss recently.; fr: perte
net earnings: noun; The total revenue in an accounting period minus all expenses during the same period.; Example: In recent years, the Fed has had net earnings after expenses of over $15 billion dollars per year.; fr: bénéfice net
profit: noun; A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.; Example: The company made a profit this year.; fr: profit
residual value: noun; Estimated scrap value of an asset at the of its economic or useful life.; Example: Equipment for this service now has little to no residual value.; fr: valeur résiduelle
retained earnings: noun; Profit generated by a company that is not distributed to shareholders as dividends but is either reinvested in the business or kept as reserve for specific objectives.; Example: “We would then add the $400,000 as retained earnings to the shareholders' equity of the company's balance sheet,” Lemay says.; fr: des bénéfices non répartis
running cost: noun; Money spent by a company for the purpose of managing the business and/or for operating machinery for use in the business.; Example: The aim is to cut running costs by £ 90 million per year.; fr: coût de fonctionnement
stock: noun; The capital raised by a business or corporation through the issue and subscription of shares.; Example: Most of her money is invested in stocks.; fr: action