Also an arrangement to keep money with a financial institution, e.g., a bank, building society, etc. project management P and P (P&P) - A particular measure of a country's economic activity, used to predict near future economic trends. A situation in which loans for businesses and individuals are difficult to obtain, when a government is trying to control inflation, because of the fear of bankruptcy and unemployment. The primary topics and terms defined include accounting, deals and transactions, economics, finance, financial modeling, infographics, business strategy, trading, investing, and business valuation. - In the entertainment business, films, TV, etc., dialogue which is spoken over music. The practice of workers, often trade unions, of protecting their jobs in a manner which limits the freedom of other workers. Gaffer Black swans can instead be of a more positive nature, for example, the invention of the internet, or the fall of the Berlin Wall. of one sort or another. Vested Interest - A brand of goods, etc., which is well known and has a large share of the consumer market for a long period of time. - The time that a piece of equipment or a machine, such a as computer, is available, but is not being used. Over-estimating goodwill value, sometimes to an extraordinarily stupid degree, is a surprisingly common downfall of many big corporate takeover deals, when arrogance and blindness to market trends of the acquiring CEO and takeover team can lead to a reckless waste of shareholder funds and ruthless cost-cutting, post-acquisition, when performance, synergies and return on investment fail to reach required levels. R-Value/U-Value - The refusal of a potential customer to buy a product or service, often as a result of aggressive selling practices. is usually and crucially responsible for developing and presenting the financial justification for the project, which generally entails outcomes and timescales, and assuming personal accountability for the success of the project. A quick glance at this report reveals the identities of your creditors, how much money is owed to each creditor, and how long that money has been owed. Undercut - An arrangement in which an airline leases an aircraft, complete with crew, insurance, etc., to another company, usually for a short period of time. - The percentage of unoccupied rental space or units, e.g hotel rooms, compared to total available rental area at a given time. - A graph depicting the rate at which a person learns a new skill. It goes 0, 1, 10, 11, 100, 101, etc. Provident Fund - A portion of the overheads, e.g. It is incredible to think that $64 dollars was once - within living memory - a big money game show prize. Core values also help companies to determine if they are on the right path and fulfilling their goals by … Weighting Standing Room Only On the Stock Market, a transaction or quote at a price above the preceding transaction for the same security. Also called a Originally a Scottish 16thC expression adopted into American slang from the song Maggie Lauder during the US War of Independence. Employment Equity Settlement Date Secretary If the bidding does not reach the reserve price then the item is not sold unless the highest bidder comes to an arrangement with the seller. Non-Executive - Related to or measured in numbers. - A business chiefly having positive social and/or environmental aims, in which community and staff tend to feature strongly in priorities, and where profit is a means towards social, environmental or community purposes rather being an aim itself for the enrichment of owners or shareholders. - commonly abbreviated to pc or PC, and more usually in the negative form 'non-pc'. Wall Street Midsession - On the Internet, an exact copy of a popular website. Giving false information in, or destroying, a company's accounts, usually for personal gain. Xylography Litigious The difference between Pyramid Selling and a Pyramid Scheme is that is that the latter has no product. E-Currency - A promotional broadcast on television, radio, etc., advertising a product, TV show, film, etc. Non Sequitur An ochlocrat is one who advocates or participates in mob rule. adverts so as to generate fraudulent clickthrough advertising revenues. - A foreign currency which is permanently held by a country's central bank, and is used for international transactions. Typically felt by individuals with low self-esteem. Rolling Contract Cube Farm - The ownership of interest in a company, usually in the form of shares. Find another word for business. B O Execution Risk Rainmaker If the borrower fails to make repayments the lender can only take back what was bought with the loan and none of the borrowers other assets. - To make a higher offer than someone else in a bid to buy something. A small device, switch, gadget, etc., whose name is not known. Office Of Fair Trading Tag Ex Stock The verb usage 'extrapolate' is common and means using mathematics or other logical process to extend a proven trend or set of data. The point at which change occurs e.g., when a company is able to continue in business and make a profit without any outside help. Appellant Current Assets - In the US, when banks can borrow money from the Federal Reserve at low interest rates. - Commonly abbreviated to GDP, Gross Domestic Product is a very frequently used term in business and economics, and basically refers to a nation's total production at market values. Microeconomics On the Internet, a place where people can discuss and exchange information about a particular subject. Ochlocracy Current Account - An exclusive legal right to make copies, publish, broadcast or sell a piece of work, such as a book, film, music, picture, etc. Demonetize - An agent, usually a bank, that makes dividend payments to shareholders on behalf of the issuing company. 24-Carat/Karat A situation in which competition between nations could result in lower standards, cheaper wages, poorer working conditions, etc. - To deliberately destroy or damage property, tools, or machinery in order to hinder production. The unknown factor which turns something great into something fantastic. Information Technology Employee An engineering term for fixing the defects in a product, process, system, etc., then repeating as new defects appear, rather than re-engineering it with fewer defects. Inter alios means 'among other people', but is much less used. - A person who makes arrangements for someone else, usually for a fee, by using their influence and often underhand, illegal methods. USB Business Angel Vacancy - The criminal offence of knowingly telling a lie (with intent to influence the outcome of the hearing) in a court of law after having taken an oath or affirmation. A googlewhack tends not to retain its status indefinitely, and sometimes only fleetingly, because due to the strange popularity of the effect, googlewhacks are likely to be published on the web when discovered, which immediately produces a second occurrence. Superannuation Retail Investor - Usually used for communication within an organisation. Vertical Equity A system of management in which people from different departments in an organisation work together, so that each individual employee has two bosses, one functional and one operational. - Describes a business which has failed. acronyms Footfall Portfolio Career - A fund which does not impose a sales or commission fee on the investor for the buying and selling of stocks and shares. The Activity-Based Costing (ABC) method analyses and allocates fixed/indirect costs according to usage by services, and so brings far greater transparency and clarity to inform strategic decision-making. word). Blind Test A block of shares, usually 100, which is traded on the Stock Market. Monetary Base Share The efficient management of resources. - Known as a Weigh Station in the US. - Term used when a volunteer in a clinical trial has a negative or unfavourable reaction to a drug, etc. Deflation is broadly the opposite of inflation. Pharmaceutical - The daily record setting out the prices of shares that are traded on a stock exchange. Knowledge Base R&D - In economics a bounce is a small quick partial recovery of the economy after a recession, which may subsequently continue upwards in growth, or plateau neither growing or contracting, or descend back into recession. - Also called Buffer Stock. Harvesting If you know please - A private computer network to which a company's customers and suppliers can link and communicate using the Internet. -. - A test which measures a person's personality, mental ability, knowledge, etc., often used to ascertain whether a potential employee is suitable for a job. - 3G. - A person who believes in the freedom of speech and thought, and that people should be able to do whatever - within reason - they wish with minimal interference from government. Maverick - A small amount of cash kept by a business to pay for small purchases. Chapter 11 bankruptcy. A very rich, powerful business person. - In the UK. - The first and most prestigious tenant, typically a store in a shopping centre, that will attract other tenants or shoppers. - Also called Walking Ticket. - A simple system of recording a company's finances in which transactions are recorded only once in one account. - Top quality rating, applicable to various business situations, e.g., credit-worthiness, and more general references to quality and fitness for purpose. - To evaluate the price of a product by taking into account the cost of production, the price of similar competing products, market situation, etc. - An informal method of research in which set questions are asked which allow other questions to be brought up as a result of the interviewees response. - An individual or organisation who has the legal right to enter into a contract or an agreement, is responsuble for its actions, and can sue or be sued if the terms of the contract are broken. - The practice of doing the minimum required, especially by law, by making small token gestures, such as employing or including a single person who represents a minority or ethnic group. - A scheme set up in the workplace in which the employees get paid according to how well they perform in their job. Negative Growth Fixed term employees have the rights to the same pay, conditions and benefits as full-time employees. - The practice of exploiting and taking advantage of opportunities which present themselves, with no regard for other people or eventual consequences. - B2B. - Describes someone who is moving towards a higher social and/or economic position. Specific activities of a fulfilment house generally include warehousing, stock control, order picking, packaging, distribution/delivery to the customer (and confirmation thereof), and typically a degree of direct customer communications, and potentially handling returns. - A private or government fund from which regular payments are made to a person who has retired from work, or who is considered too ill to carry on working. The Bitcoin currency is increasingly traded and as treated as seriously as conventional - In computing, the amount of information that can be transmitted through a communication channel over a given period of time, usually measured in 'bits per second' (bps). - Transactions in which businesses sell goods and/or services to end consumers or customers. External Competitiveness - To make contact, usually managers who want to communicate with their staff. When carried out by a government or other authority this may also be referred to in more modern terms as 'spin'. 'Ante' is Latin for 'before', and 'diluvian' is from Latin 'diluvium' meaning 'deluge', so the overall literal meaning is 'before the flood', being the biblical flood and Noah's Ark, etc. - Also known as a Local. - In publishing, a concordance is an alphabetical list of the key words from a text showing their meanings. - Term introduced by Kurt Goldstein in 1934, describing the need to realise one's full potential, being a basic life force, and later re-interpreted and popularised by Abraham Maslow as the highest order of needs in his Pink Collar Off-the-Peg Communicating over long distances by telephone, e-mail, etc. Where an organization oversees many projects/activities requiring Terms of Reference documents it is likely that organizational 'standard' TOR formats are used. Pork Barrel - A chain through which a product passes from raw materials to manufacturing, distribution, retailing, etc., until it reaches the end consumer. Money Spinner Nosedive A person with more than $50million is classed as Ultra High Net Worth. Deep Throat - A type of business development which gets things moving quickly and adapts during the development, as distinct from conventional planning and project management implementation. An unsatisfied customer. - To be highly skilled in a particular branch of a profession, occupation, activity, etc. Genericized Trademark/Brand - Freelance working using the Internet to sell services or goods anywhere in the world. Deposition Direct Marketing Consumer Watchdog - A meeting or interview in which a person or group of people report about a task or mission just completed or attempted. Security Deposit - In business, an anonymous source of top secret information. , also known as the '80-20 Rule', i.e., both concepts highlight the significance of concentration and distribution when assessing opportunity, risk, effectiveness, and the targeting of communications, resources, etc. - Also known as Destroyer Pricing. Consumer Price Index Customs Duty - Also called Consumer Banking. - Lots of sudden and heavy cash withdrawals at the same time from a bank or banks, because customers believe the banks may become insolvent. See Cost-centre, which tends only to be responsible for internal services and supply to other departments. Prompt Note A series of screening interviews for a job during which a person, usually a student, is interviewed several times, often on the same same day, by the prospective employer. Correspondence Course . SIM acronym - In marketing and business 'diversion' refers to the unofficial distribution/availability of branded consumer products. - The process of listing all the items, materials or goods which a shop, company, etc., has in stock. Capital Outlay The fiscal year for some business types mirrors the calendar year. The branch of the law that deals with the legal rights of employees, e.g. - Tax paid which is based on the price of services or goods, e.g. Advertising Standards Authority (ASA) International Monetary Fund Typically however in many projects one of the three corner inputs is altered (usually disadvantageously), and where no adjustment is made/permitted to any other input, the outcome quality is weakened. Industrial Action - Group dynamics and decision-making concept devised by Dr Edward De Bono, from the book so named, based on De Bono's theory of how people look at things/situations from different perspectives. An entry in a list or directory: the first listing in the telephone book. overnmental - To risk investment in property, shares, etc., in the hope of making a profit when selling them. - An invisible barrier in the workplace which prevents women and minority groups from advancing to positions of leadership in a company, although some do manage to 'break through' the glass ceiling. Find out information about List of business topics. This term emerged 2012/13 with the launch of the technology to which it refers. - The promotion and/or selling of a company, product, service, etc. In the UK, a qualification with no age limits, that does not have to be completed in a specified time, which reflects the skills and knowledge required to perform a particular job competently. Director I Sticker Shock Symposium - Ro-Ro. Back-End Load - An organisational decision-making New Issue - An economy in which goods, allocation of resources and prices are determined by the government. An official assessment which shows the effect that an organisation or a company has on the environment. Mandatory Convertible Bond Milk Round - Adapted or made for a particular purpose or individual. - MBO. The department in a company which is responsible for dealing with its customers, for example complaints, etc. - In the UK, a legal agreement between a company and its shareholders and/or creditors in which the company will pay what debts it can as an alternative to bankruptcy. - A dishonest, often unqualified, business person, especially one who overcharges for bad quality work. - A legal document which proves a person's rights of ownership of property or land. An offer to existing share holders of a company, which entitles them to purchase new shares at a fixed price, usually lower than the current market price, in order to raise money for the company. Many eponymous names have become very well-known and entered language to the extent that the origins of the word are not widely appreciated, or largely forgotten altogether. Based in Geneva, Switzerland, an non-profit, international organisation which brings together politicians, business and education leaders from all over the world to discuss ways to improve economic and social growth, health and environment issues, etc. - a symbol or image which represents a more complex thing, such as a person, or a concept. Negotiating Table 24/7 Luddite L (NB This is entry is not a mountweazel, probably..). Investment - A past act or decision which is used as an example to decide the outcome of similar subsequent acts. The term flash drive derives from 'flash' memory, invented by Dr Fujio Masuoka of Toshiba around 1980. - A person who is a professional speciality coffee maker, for example, cappuccino, latte, espresso, etc. Terms Of Reference Also refers to pre-installed programs on some computers, which have little value to the user. It is based on the idea that certain people are more open for adaptation than others. Ponzi Scheme - A group of workers or the period worked from late afternoon until late at night in an industry or occupation where there is also a day shift and a night shift. - An individual or company who buys products, usually from manufacturers, and resells them to retail outlets or direct to customers. Minimising inflation is normally a high priority within national fiscal policy since higher levels of inflation cause a variety of economic and business problems. U - A sympathy strike. A large powerful central computer to which a network of smaller computers are connected, used commonly by large organisations. A payment made to a writer, composer or singer when a book, CD or performance of their work is sold. Moral principles that govern a person's behaviour (US behavior), or the conducting of an activity. Income Tax Paradigm Shift FMCG The employees are often offered wage rises and new benefits at a later date. - A person who informs the public (usually via websites or news media) and/or relevant authorities (watchdogs, government, ombudsman, standards body, etc) about wrong-doings, failings, corruption, or other illegal activities within an organization. Often refers to money paid to employees for daily expenses or reimbursements. - A person, or persons, posted at the entrance of a place of work which is affected by a strike, in order to stop people entering the premises. Boutique Hotel It's from Greek mnemon, mindful. Cash flow is the money that is moving (or flowing) in and out of a business in any given month. P2P [Peer-To-Peer] in the acronyms section Capitalization Issue Attrition - A tax which limited companies and other organisations, such as societies, clubs, associations, etc., pay on their profits after adjustments for certain allowances. Intellectual Capital - The substitution of a neutral or positive word/phrase with a replacement word/phrase that has a more negative/pesimistic effect. - Also Benefits Realisation Management, or if you prefer the US English it would be Benefits Realization. Running Cost - Also known as High Yield Bonds. Unlisted Output Tax - A country's economic system which has both private and state owned enterprises in operation. - The management of money, currency and trade of a nation. Reverse Auction The show relaunched on radio in 1950 as "The $64 Question" and ran for two more years. Cyberspace Free of charge. - The testing of a product or service in several areas of the country to see if customers will like it and want to buy it. Niche Market Trust Fund Common commercial conflicts of interest arise where a provider is able to benefit in the supply of one service as a direct result from the provision of another related service and whose overall effect is typically to the disadvantage of the 'client' organization. DEM Non-Callable Share Buyback asi- - A corporate official whose job is to ensure that a company is complying with regulations, and that its employees are complying with internal policies and procedures. The CEO of a company could be referred to as the honcho or "head honcho." - In the US, a savings or loan association. The term originated from USA railway freight car transportation and also applies to other methods of freight transport, notably shipping containers, hence similar terms containerload and 'less than containerload'. - Used on the Internet. - A warehouse in which imported goods are stored under bond, until the import taxes are paid on them. The ancient Greek prefix peri means around, or round, and patein means to tread. Uptick - A situation in which a person feels they cannot leave their job because they are afraid of losing benefits connected to the job. 74 synonyms of business from the Merriam-Webster Thesaurus, plus 149 related words, definitions, and antonyms. - named after US economist Arther Laffer (b.1940), the Laffer Curve refers graphically to notional/optimal government revenues according to changing levels levels of taxation, on the basis that at each extreme, i.e., 0% and 100% taxation, government revenues are zero, and that somewhere in between, a certain taxation % level (for which no general standard exists or can be applied) will produce optimal government revenues. The start, the property will thereon be reverted to the Wall - Describes long! Purchase something or abstain from doing something against their will Conformite Europeenne ( union. Of damage or loss caused by a judge for an official Allocation of resources and prices rising! 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