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15 Financial Terms Every Business Needs to Know

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❶Accessed 14 September

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Net metering is a policy, implemented by most states, to compensate rooftop solar owners for excess power they generate and thus offset the cost of the power they draw from the grid. Currently, 44 states and the District of Columbia have a net metering policy, though the growth of solar has resulted in some debate over how much solar owners should be compensated.

Organized, competitive computer gaming has become a mainstream spectator event online or in an arena. As tissue biopsies are seen as costly, painful or potentially risky for the patient, the advent of the liquid biopsy allows DNA sequencers to detect cancer directly from the blood.

Keep your wardrobe up to date without having to wait six to nine months from when an item hits the runway and makes it to the physical or online store: A concept that describes the vast advantage online retailers have over bricks-and-mortar retail stores. The virtual shelf can serve a broader range of customers and build demand for certain items that would not perform well in a physical store. Immersion, or immersive storytelling, is the idea of allowing virtual reality technology to mimic being physically present in an alternative environment.

The technology is changing videogames, live events, journalism, video entertainment and educational experiences. Despite the technological advances, consumer acceptance of these products has not yet been tested.

Vehicle-to-vehicle V2V or vehicle-to-infrastructure V2I technology allows cars to communicate with other road users, infrastructure and even pedestrians and cyclists. It could be used by both human-driven and autonomous vehicles, and could allow for wireless toll and parking payments.

Yoga guru Baba Ramdev has shaken up the Indian consumer goods market. The concept of basic income is about introducing a universal benefit that everyone receives, regardless of income or employment status. It has been touted as a means to reduce income inequality. Some important financial terms are: When large amounts of capital are needed for expansion, a company can choose to go public by issuing an initial public offering, or IPO. An overview of business management principles and all applicable terms is also vital to developing a thorough understanding of business.

Business management encompasses all the aspects of running a business including business ethics, business law, operations, policies and procedures, strategic planning, human resources and management organization. Terms such as cash flow reports, financial statements, budgets and budget-to-actual reports are fundamental to business accounting in that they are tools used to monitor the financial health of a company. Some terms associated with the everyday bookkeeping of financial activity include accounts receivable, accounts payable, long- and short-term liabilities, assets, inventory and capital accounts.

Companies can have different types of income that are treated differently for tax purposes, and methods for reporting income can be different as well.

Some important terms to grasp include: Lisa Dorward was a corporate financial executive and business consultant for more than 15 years before becoming a writer in Skip to main content. Business Type and Structure Businesses can be either publicly traded or privately held. Finance After coming up with a great idea for a business, the first thing an entrepreneur needs is the financing to make it happen.

Business Management An overview of business management principles and all applicable terms is also vital to developing a thorough understanding of business. Taxes Companies can have different types of income that are treated differently for tax purposes, and methods for reporting income can be different as well. References 5 Internal Revenue Service: Business Structures London School of Management:


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Listed below are 50 key terms that AQA BUSS1 students need to ensure they understand and can define / explain in the exam. A process through which a business increases the worth of the resources included in production so that customers perceive the product to be worth more than the cost of the.

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Goldman says these 21 terms aren’t just fun words -- they’re “thematically important, with investment implications, good and bad.” In other words, they will affect the bottom line of major companies and could have implications for your portfolio.

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Start studying Key Business Terms. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Business Glossary of business terms - A to Z Handy definitions of financial and economic jargon - from libor and quantitave easing to black swans and dead cat bounces.

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Short definitions of key terms for AQA A2 Business (BUSS3) are provided below. Don't forget to also make use of the full range of support for BUSS3 from. Congratulations to our “Small Business is Key” Grant Winners. Achieve Let us help you take your business further – contact us today for a wellness review.