the process of recording, classifying and summarizing financial transactions
accounting
the funds or assets that a company uses to operate and grow
capital
tools used to measure a company’s financial situation or performance
Financial Ratios
An agreement in which one organization grants another the right, in exchange for a fee or a certain lump sum, to use its brand name and operating methods.
Licensing
This is the name given to the flow of sympathy and communication that is established between the interviewee and the interviewer. Its purpose is to reduce the applicant's anxiety, create a climate of trust, spontaneity and naturalness.
Rapport
a payment schedule that breaks down the loan amount into the interest and the principal
amortization schedules
refers to the act of making something known or revealing information
disclosure
used to record a company’s ongoing transactions
General Ledger
The difference between the cost of an investment and its market value
Margin
materials or substances used in the primary production or manufacturing of goods
Raw Materials
an amount of money that a creditor must pay off as a result of a default by the debtor
bad debt
consist of a set of activities whose purpose is to improve their present or future performance, increasing their capacity through the modification and enhancement of their knowledge, skills and attitudes
Employee training and developmen
An investment fund that uses advanced investment strategies to maximize returns
Hedge fund
A type of investment vehicle that pools money from multiple investors to invest in a variety of assets
Mutual fund
Market where shares of publicly traded companies are bought and sold.
Stock market
a market where stock prices are falling and investor confidence is low.
Bear market
a numerical score that reflects a person's creditworthiness based on their credit history and financial behavior
cut losses
means an annuity where there is no deferred period
Immediate annuity
The amount of money a company makes after all expenses are deducted from revenue.
Net profit
Are financial investments that can easily be converted to cash, typically within 5 years
Temporary Investments
not making a profit or loss on something
break even
the rate such that the present/discounted value of £1 payable at the END of the stated time period is £(1-d) at the beginning of the stated time period
Effective discount rate
The money weighted rate of return achieved by investing in a project
Internal rate of return
refers to the movement of employees who leave an organization
Personnel turnover
occurs when the dismissal of a worker does not comply with the law, or with the contractual agreement established or implied by the firm through its job application forms, worker manuals or other promises.
Unjustified dismissal