English 1 Flash Cards

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Title: English 1
Description: Business English Vocab Week1
Number of Cards: 32
Save Count: 1
Author: the_princess_dee9
Created: 2002-02-04
Tags: gre
Private No

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    • Question
    • Answer
    • Side 3
    • group of people elected by stockholders to manage a corporation
    • board of directors
    • all items of value owned by a business or individual
    • assets
    • That which had been added as a natural increase, such as interest on money
    • accural
    • increase in the value of an asset over a period of time
    • appreciation
    • an entry of something owed in an account, the left-hand side of an account, where such entries are made
    • debit
    • the overall financial plan of the corporation or indiviudal, indicating proposed receipts and expenditures
    • budget
    • material goods (factory, equipment, etc.) used yo ptoduce profit
    • capital resources
    • anything that is bought and sold
    • commodity
    • credit extended from seller to buyer, wherein the money due is to be paid at a designated future date
    • deferred credit
    • a decrease in the value of an asset from age, wear, obsolescence, etc.
    • depreciation
    • the desire and teh ability of consumers to pay
    • demand
    • a charge for the use of a credit covering the merchant's or banker's, etc. cost of handling the credit account
    • finance charge
    • the amount a property is worth beyond what is owed on it
    • equity
    • the promise to replace or repair a purchased product or to refund money paid if the product is not as represented
    • guarantee
    • to predict, using statistics, the amount of goods to be manufactured and sold during a stated period of time
    • forecast
    • having to do with the funds and financial affairs of a business entity or government unit.
    • fiscal
    • a benefit given to an employee in addition to wages and those compensations required by law: health insurance, paid vacation, etc.
    • fringe benefits
    • the increase in the price of a product from the wholesale to the reatil level
    • markup
    • the fact of drawing up characters and other legal papers to convert a business into a corporation
    • incorporation
    • a sharp increase in prices resulting from too great an increase in money or bank credit
    • inflation
    • a laying out of money for something that is expected to produce a profit or benefit
    • investment
    • general business expenses incurred in operating a business, such as retail lighting, salaries, rent, etc.
    • overhead
    • the amount received after taxes and other items are deducted
    • net income
    • a means of furthering sales through advertising
    • promotion
    • a formula showing how average pridces have changed over a period
    • price index
    • the amount of money obtained from the sale of goods or services
    • proceeds
    • the forecasting of business production based on past performance
    • projection
    • the sale od products in small quantities directly to the consumer
    • retail
    • a change in destination of goods during transportation
    • reconsignment
    • a grant of moeny, especially one made by government
    • subsidy
    • a mark, picture, name, word, symbol, or letter owned and used by manufacturers or merchants to distinguish their goods
    • trademark
    • the sale of goods, usually in large quantities to retailers rather than directly to consumers
    • wholesale