The Glossary for Accounting and Management Technology

I have been a student in the program of accounting and management technologies for about two years. This field of study helps companies and regular people to not lose all their money and choose a good financial path for the future. I have seen many people not understanding the words that I use in my daily life because of their lack of knowledge in my domain. I created this glossary because I intend to help more people comprehending some terms that could help them. Many bankers use those words to talk with their clients. However, many people get confused and accept some contracts that are inadequate for them because of this issue.

accounting

noun

The action or process of keeping financial accounts.

Example: Second, higher foreign bank presence reduces domestic bank margins, even after ACCOUNTING for other factors.

fr: comptabilité

allocation

noun

The action or process of allocating or distributing something.

Example: Within the temple, it is likely that some sort of ALLOCATION was made to the priests, priestesses, scribes, servants and craft workers.

fr: allocation

amortization

noun

The action or process of gradually writing off the initial cost of an asset.

Example: Section 169 permits a person acquiring grain-storage facilities to elect to continue AMORTIZATION over a 60-month period.

fr: amortissement

annuity

noun

A fixed sum of money paid to someone each year, typically for the rest of their life.

Example: The only formal evidence of continuity comes from this area in the shape of grants of an ANNUITY to Thomas Hoton of Hutton John by both Warwick and Gloucester.

fr: rente

assets

noun

Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.

Example: Their estates and ASSETS were seized for the imperial treasury, and one can only speculate on the possible consequences.

fr: actif

balance sheet

noun

A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.

Example: The private sector, however, had no intention of extending coverage to those who could offer it little or no return on their BALANCE SHEET.

fr: bilan

bankruptcy

noun

The state of being bankrupt.

Example: BANKRUPTCY hit a private operator in 1985 and MDC continues to have difficulty attracting further developers to manage the site.

fr: la faillite

cash flow

noun

The total amount of money being transferred into and out of a business, especially as affecting liquidity.

Example: It meant that a CASH FLOW - an almost unknown concept in the underground ­ was immediately instituted, and through street sales they gained an instant feedback, instant market research on the product.

fr: des flux de trésorerie

depreciation

noun

A reduction in the value of an asset with the passage of time, due in particular to wear and tear.

Example: The second chapter explores the optimal length of copyright protection when the value of an intellectual work changes over time due to DEPRECIATION and value- enhancing ex- post investment.

fr: dépréciation

diversification

noun

The action of diversifying something or the fact of becoming more diverse.

Example: This remained substantially the case despite an increasing monetization and DIVERSIFICATION of the economy.

fr: diversification

dividends

noun

A sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits (or reserves).

Example: An over-all concept will guide industry where available talents and facilities will yield greatest DIVIDENDS.

fr: dividendes

interest

noun

Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.

Example: Villages whose banks were nationalized received a substantial increase in agricultural and total credit, at lower INTEREST rates, than villages whose banks were not.

fr: l'intérêt

inventory

noun

A complete list of items such as property, goods in stock, or the contents of a building.

Example: Poor estimates of demand lead to inadequate INVENTORY controls and sub-optimal revenue performance.

fr: inventaire

liabilities

noun

A thing for which someone is responsible, especially a debt or financial obligation.

Example: Operationally, this study regressed the market value of firms' equity on the firms' assets, LIABILITIES (other than convertible debt), and the debt portion of convertible debt.

fr: Passifs

liquidity

noun

The availability of liquid assets to a market or company.

Example: Remedies were sought for the lack of international LIQUIDITY and for the other causes of the decline in international trade - especially during the 1930s.

fr: liquidité

loan

noun

A thing that is borrowed, especially a sum of money that is expected to be paid back with interest.

Example: Not only was a LOAN of 7,000 gold coins made, but the repayment was subsequently remitted.

fr: prêt

mortgage

noun

A legal agreement by which a bank or other creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

Example: This was because they generally had low and insecure incomes, so they could not obtain a MORTGAGE for buying their own suburban house.

fr: hypothèque

mutual fund

noun

An investment program funded by shareholders that trades in diversified holdings and is professionally managed.

Example: This study uses the spatial scan statistic to identify clusters of MUTUAL FUND firms.

fr: fonds communs de placement

payroll

noun

A list of a company's employees and the amount of money they are to be paid.

Example: Those firms that take on their PAYROLL the early leavers will again either gain a subsidy via a reduction of their training levy, or, if they are already claiming the maximum rebate, the payment of a grant from the training board.

fr: paie

treasury

noun

The funds or revenue of a government, corporation, or institution.

Example: The TREASURY had run up a huge deficit.

fr: trésorerie

Valuation

noun

An estimation of something's worth, especially one carried out by a professional appraiser.

Example: They have a higher accounting performance and a higher firm VALUATION.

fr: évaluation

This glossary was made with the Virtual Writing Tutor glossary maker and grammar checker.