Accounting Terms
This term describes a company's financial obligations.
What are liabilities?
This represents partial ownership in a company and is traded on stock exchanges
What are shares or stocks?
This idiom means to keep earnings and costs balanced
What is "breaking even"?
This is the general increase in prices and fall in the purchasing value of money.
What is inflation?
This term refers to a new and popular method or strategy in business
What is a trend?
This financial statement shows a company's financial position at a specific point in time
What is a balance sheet?
This term refers to the profit from selling an investment for more than its purchase price.
What is capital gain?
To sell something at very low prices, often to get rid of it, is to do this
What is "sell for a song"?
When one firm controls the market for a particular product or service
What is a monopoly?
Known as a sales technique where sellers focus on the needs and challenges of potential buyers.
What is consultative selling?
The difference between a company's revenue and its expenses is called this
What is profit or net income?
A type of investment that pools money from multiple investors to purchase securities
What is a mutual fund?
When everything seems to be going perfectly, you might say you are this
What is "on a roll"?
The GDP stands for this economic indicator
What is Gross Domestic Product?
This term describes creative strategies to enhance a brand's success and growth
What is marketing innovation?
This term refers to assets that are expected to be converted into cash within a year.
What are current assets?
This risk-management strategy involves buying a variety of investments to reduce exposure.
What is diversification?
This phrase means that something costs a lot of money.
What is "costs an arm and a leg"?
This economic theory suggests that lower corporate taxes stimulate business investment.
What is supply-side economics?
To adjust a business model to improve efficiency is to do this
What is streamline?
This term demonstrates how profits are kept in the company after dividends are paid out
Retained Earnings
This term describes stock market conditions: a period where stock prices are falling, and investing is risky but potentially very rewarding.
bear market
This is said about a dishonest accountant or bookkeeper. It means “to falsify information in accounting or financial records.”
Cook the books
This is a macroeconomic theory of total spending in the economy and its effects on output, employment, and inflation
What Is Keynesian Economics?
This most often refers to the manipulation or control of a situation or project.
Leverage