Accounting
Financial records, reporting, controls and assurance.
Areas within Accounting
Finance
Money, investment, funding, valuation and financial decisions.
0 wordsAccounting
Financial records, reporting, controls and assurance.
89 wordsMarketing
Customers, brands, communication, demand and market strategy.
55 wordsManagement
Planning, organising, leading and controlling work.
45 wordsBusiness strategy
Choices, capabilities, markets and long-term direction.
18 wordsHuman resources
People, work, organisations, employment and workforce practice.
4 wordsProject management
Scope, delivery, milestones, risks and project governance.
3 wordsBanking
Specialist vocabulary classified under Business and finance.
29 wordsBusiness analysis
Specialist vocabulary classified under Business and finance.
1 wordsCorporate finance
Specialist vocabulary classified under Business and finance.
40 wordsEconomics business
Specialist vocabulary classified under Business and finance.
50 wordsEntrepreneurship
Specialist vocabulary classified under Business and finance.
23 wordsFinancial markets
Specialist vocabulary classified under Business and finance.
42 wordsInsurance
Specialist vocabulary classified under Business and finance.
30 wordsInvestment
Specialist vocabulary classified under Business and finance.
38 wordsOperations management
Specialist vocabulary classified under Business and finance.
9 wordsOrganisational behaviour
Specialist vocabulary classified under Business and finance.
254 wordsSupply chain
Specialist vocabulary classified under Business and finance.
31 wordsTaxation
Specialist vocabulary classified under Business and finance.
21 words94 featured terms
The database can contain more terms than shown here; this page prioritises the strongest mappings.
(accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets)
Goodwillnoun(accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets)
Inventorynoun(accounting) the value of a firm's current assets including raw materials and work in progress and finished goods
Limited reviewnoun(accounting) a service (less exhaustive than an audit) that provides some assurance to interested parties as to the reliability of financial data
Reviewnoun(accounting) a service (less exhaustive than an audit) that provides some assurance to interested parties as to the reliability of financial data
Straight-line methodnoun(accounting) a method of calculating depreciation by taking an equal amount of the asset's cost as an expense for each year of the asset's usefu…
Straight-line method of depreciationnoun(accounting) a method of calculating depreciation by taking an equal amount of the asset's cost as an expense for each year of the asset's usefu…
Unearned incomenoun(accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet)
Unearned revenuenoun(accounting) income received but not yet earned (usually considered a current liability on a company's balance sheet)
Write-downnoun(accounting) reduction in the book value of an asset
Write-offnoun(accounting) reduction in the book value of an asset
Balance sheetnouna record of the financial situation of an institution on a particular date by listing its assets and the claims against those assets
Earnings reportnouna financial statement that gives operating results for a specific period
Incomenounthe financial gain (earned or unearned) accruing over a given period of time
Income statementnouna financial statement that gives operating results for a specific period
Operating statementnouna financial statement that gives operating results for a specific period
Profit-and-loss statementnouna financial statement that gives operating results for a specific period
Accountnouna statement of recent transactions and the resulting balance; "they send me an accounting every month"
Account statementnouna statement of recent transactions and the resulting balance; "they send me an accounting every month"
Accountingnouna statement of recent transactions and the resulting balance; "they send me an accounting every month"
Accountingnouna bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Accounting systemnouna bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Auditnounan inspection of the accounting procedures and records by a trained accountant or CPA
Audited accountnounan inspection of the accounting procedures and records by a trained accountant or CPA
Creditnounan accounting entry acknowledging income or capital items
Credit entrynounan accounting entry acknowledging income or capital items
Daybooknounan accounting journal as a physical object; "he bought a new daybook"
Debitnounan accounting entry acknowledging sums that are owing
Debit entrynounan accounting entry acknowledging sums that are owing
Ledgernounan accounting journal as a physical object; "he bought a new daybook"
Lossnounthe amount by which the cost of a business exceeds its revenue; "the company operated at a loss last year"; "the company operated in the red las…
Method of accountingnouna bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Rednounthe amount by which the cost of a business exceeds its revenue; "the company operated at a loss last year"; "the company operated in the red las…
Red inknounthe amount by which the cost of a business exceeds its revenue; "the company operated at a loss last year"; "the company operated in the red las…
Analytical reviewnounan auditing procedure based on ratios among accounts and tries to identify significant changes
Deductionnouna reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
Tax deductionnouna reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
Tax write-offnouna reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
Cash flownounthe excess of cash revenues over cash outlays in a given period of time (not including non-cash expenses)
Disposable incomenounincome (after taxes) that is available to you for saving or spending
Double dippingnountwo incomes received from the same source (as by holding a government job and receiving a government pension)
Earningsnounthe excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
Earnings Before Interest Taxes Depreciation and Amortizationnounincome before interest and taxes and depreciation and amortization have been subtracted; an indicator of a company's profitability that is watch…
Easy moneynounincome obtained with a minimum of effort
EBITDAnounincome before interest and taxes and depreciation and amortization have been subtracted; an indicator of a company's profitability that is watch…
Government incomenounincome available to the government
Government revenuenounincome available to the government
Gravy trainnounincome obtained with a minimum of effort
Gross revenuenounincome (at invoice values) received for goods and services over some given period of time
Gross salesnounincome (at invoice values) received for goods and services over some given period of time
Issuenounthe income or profit arising from such transactions as the sale of land or other property; "the average return was about 5%"
Lucrenounthe excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
Netnounthe excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
Net incomenounthe excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
Net profitnounthe excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
Net salesnoungross sales reduced by customer discounts, returns, freight out, and allowances
Payoffnounthe income or profit arising from such transactions as the sale of land or other property; "the average return was about 5%"
Per capita incomenounthe total national income divided by the number of people in the nation
Personal incomenounthe income received by a single individual
Proceedsnounthe income or profit arising from such transactions as the sale of land or other property; "the average return was about 5%"
Profitnounthe excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
Profitsnounthe excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
Rental incomenounincome received from rental properties
Returnnounthe income or profit arising from such transactions as the sale of land or other property; "the average return was about 5%"
Salesnounincome (at invoice values) received for goods and services over some given period of time
Takenounthe income or profit arising from such transactions as the sale of land or other property; "the average return was about 5%"
Takingsnounthe income or profit arising from such transactions as the sale of land or other property; "the average return was about 5%"
Unearned incomenounpersonal income that you did not earn (e.g., dividends or interest or rent income)
Unearned revenuenounpersonal income that you did not earn (e.g., dividends or interest or rent income)
Yieldnounthe income or profit arising from such transactions as the sale of land or other property; "the average return was about 5%"
Account payablenouna liability account showing how much is owed for goods and services purchased on credit; "the problem was to match receivables and payables in t…
Payablenouna liability account showing how much is owed for goods and services purchased on credit; "the problem was to match receivables and payables in t…
Daybooknouna ledger in which transactions have been recorded as they occurred
Journalnouna ledger in which transactions have been recorded as they occurred
Capital accountnoun(finance) an account of the net value of a business at a specified date
Capital accountnoun(economics) that part of the balance of payments recording a nation's outflow and inflow of financial securities
Entrynouna written record of a commercial transaction
Squeezenouna situation in which increased costs cannot be passed on to the customer; "increased expenses put a squeeze on profits"
Exemptionnouna deduction allowed to a taxpayer because of their status (having certain dependents or being blind or being over 65 etc.); "additional exemptio…
Accumulationnoun(finance) profits that are not paid out as dividends but are added to the capital base of the corporation
Dividendnounthat part of the earnings of a corporation that is distributed to its shareholders; usually paid quarterly
Gross profitnoun(finance) the net sales minus the cost of goods and services sold
Gross profit marginnoun(finance) the net sales minus the cost of goods and services sold
Killingnouna very large profit
Marginnoun(finance) the net sales minus the cost of goods and services sold
Rentnounthe return derived from cultivated land in excess of that derived from the poorest land cultivated under similar conditions
Revenuenoungovernment income due to taxation
Taxationnoungovernment income due to taxation
Backlognounsomething kept back or saved for future use or a special purpose
Fundnouna supply of something available for future use; "he brought back a large store of Cuban cigars"
Reservenounsomething kept back or saved for future use or a special purpose
Stocknouna supply of something available for future use; "he brought back a large store of Cuban cigars"
Stockpilenounsomething kept back or saved for future use or a special purpose
Storenouna supply of something available for future use; "he brought back a large store of Cuban cigars"
