A set of basic words used in the business industry.

Business Terms

a system that provides quantitative information about finances.

the value of everything a company owns and uses to conduct its business.

an organization that operates with the intention of making a profit.

one business sells goods or services to another business.

a business that sells goods or services directly to the end-user.

the degrading value of an asset over time.

someone who organizes, manages, and takes on the risk of starting a new business.

the cost of operations that a company incurs to generate revenue.

the management and allocation of money and other assets.

a one-time expense that doesn’t vary with business volume.

the value of what a business owes to someone else. (in a non-business context it means a risk)

the process of promoting, selling, and distributing a product or service.

something produced or manufactured to be sold; a good.

the ratio of profit divided by revenue displayed as a percentage.

how much money a business gets in return from an investment.

the entire amount of income before expenses are subtracted.

work that is done for pay that benefits another.Accounting – a system that provides quantitative information about finances.