Business Terms

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List of commonly used business terms and their definitions for your reference.
(from buzzle.com)

Abandonment: Abandonment is defined as the voluntary surrender of property which may either be owned or leased, without naming a successor as owner or tenant. The property may, in such a case, be reverted to a person holding prior interest. In cases, where no owner is apparent, the property will thereon be reverted to the state.

ABC analysis: A term used in materials management, ABC analysis is used to defines an inventory categorization technique. It classifies inventory items in terms of importance. This allows the business to place greater emphasis on higher dollar value items or the "A" items than on lesser dollar value items also known as the "B"s. The "C"s are considered the least important items and thus receive the least amount of time and attention .

Ability to pay: The explanation for this term, depends upon its field of use, let's look at the different definitions it holds in the following:

Banking: The ability to pay or the ability to service in the banking terminology refers to the borrower's ability to meet principal and interest payments out of earnings on the long term basis.

Industrial relations: The ability of an employer, to meet a union's financial demands from the operating income of the business.

Securities: This refers to the municipal bonds and takes into account the issuer's present and future ability to generate enough tax revenue to meet its contractual obligations. This is done after taking into account all factors concerned with municipal income and property values.

Taxation: In taxation, ability to pay is a terminology which defines the concept that tax rates should vary with levels of wealth or income.


more to follow...

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Bad debts: A term related to finance and accounting, bad debts (http://www.buzzle.com/articles/bad-debt/) is the portion of receivables that can no longer be collected or the income from the sale that can never be realized. This typically relates to accounts receivable or loans.

Balance sheet: A balance sheet (http://www.buzzle.com/articles/balance-sheets/) for a business is a statement that lists its total assets and liabilities in an effort to portray its net worth, at a given moment in time.

Balanced mutual fund: Balanced mutual fund or balanced fund is made to suit those investors who are looking for safety, a fixed income and a modest capital appreciation. The mutual fund (http://www.buzzle.com/articles/mutual-funds/) invests into each asset class, an amount which is usually within a set minimum and maximum. These hybrid funds stick to a relatively fixed mix of stocks and bonds that reflect, either a moderate or a conservative orientation.

Balloon payment mortgage: This is a fixed-rate, non-amortized mortgage with a large final payment where typically, the mortgage matures within a five to seven year term. It is known as a balloon mortgage because on maturity, the borrower pays the final payment, which is much larger than the regular mortgage payment.

Bank card: A plastic card issued by the bank, a bank card allows you access to your bank account. This can be in the form of an ATM card, a debit card or a credit card (http://www.buzzle.com/articles/credit-cards/).

Bank discount basis: The bank discount basis is used by financial institutions as a quoting convention. This is done when quoting prices for fixed-income securities sold at a discount, particularly the U.S. Government issues.

Bank regulation: This is a form of government regulation where banks are subjected to certain rules and guidelines issued by the government.

Banking: Banking is a financial activity where money is kept in savings accounts and issued for loans and credit by government approved banks. Read more on internet banking (http://www.buzzle.com/articles/internet-banking/).

Barbell strategy: A financial term, barbell strategy is a portfolio strategy which is formed when a trader invests in long and short duration bonds, but does not invest in intermediate duration bonds.

Barren money: The money of a business which is lying idle or is unproductive because it is earning no interest.

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[mehamgul101]

well before i was never know about these business and thanks finally you put it here

[tcha]

well before i was never know about these business and thanks finally you put it here

Hi there,

I have some friendly corrections on your post...

it should be: I never knew about these business terms before, thanks for posting it here...

Have a nice day...

[shah.baz]

If you want to be successful business man then you will have to follow some top class business men and business terms are also necessary. Your terms are also looking very informative.