Account - a record of debit and credit entries to cover transactions involving a particular item or a particular person or concern Accounting

- is the process of systematically collecting, analyzing and reporting financial information Advertising - is a form of communication intended to persuade an audience (viewers, readers or listeners) to purchase or take some action upon products, ideas, or services Application letter - is a document sent with your resume to provide additional information on your skills and experience Auction - is a process ofbuying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder Balance sheet - is the statement of financial position of a summary of a firms assets, liabilities and owners equity at a particular time Bank - An organization, usually a Corporation, chartered by a state or federal government, which does most or all of the following: receives demand deposits and time deposits, honors instruments drawn on them, and pays interest on them; discounts notes, makes loans, and invests insecurities; collects checks, drafts, and notes; certifies depositor's checks; and issues drafts and cashier's checks Board of directors - is the top governing body of a Corporation Bond - is a long-term, interest-bearing promissory note that companies may use to borrow money for periods of time such as five, ten, or twenty years Bookkeeping - is the routine, day-to-day record keeping that is necessary part of accounting Business - is an economic institution whose goal is economic survival and whose activities are dominated by the profit motivate Business Negotiation - describes any communication process between individuals that is intended to reach a compromise or agreement to the satisfaction of both parties Business writening - includes both internai Communications within the company

and externai Communications interfacing with the public or other organizations on behalf of the business
Contract - is a legally enforceable agreement between two or more parties with mutual obligations Consumer - is a broad labei for any individuals or households that use goods and services generated within the economy Corporation - is a legal entity that is created under the laws of a State designed to establish the entity as a separate legal entity having its own privileges and liabilities distinct from those of its members Customs - government agency entrusted with enforcement of laws and regulations to collect and protect import - revenues, and to regulate and document the flow of goods in and out of the country Fair competition - Competition based on the factors of price, quality, and service, not on the abuse of near-monopoly powers, competitor bashing, predatory pricing, etc. Finance - Abranch of economics concerned with resource allocation as well as resource management, acquisition and investment Financing - The act of providing funds for business activities, making purchases or investing Income statement - is a summary of a firms financial operations during a specified accounting period that shows the gross profit on sales of a company which is computed by subtracting the cost of goods sold from net sales Interview - is a conversation between two people (the interviewer and the interviewee) where questions are asked by the interviewer to obtain information from the interviewee

Loan - Written or oral agreementfor a temporary transfer of a property (usually cash) from its owner (the lender) to a borrower who promises to return it according to the terms of the agreement, usually with interest for its use
Management - is an conscious process by which individual ang group action is

coordinated to improve profits, reduce costs, or improve delivery service of an organization

Market economy - is an economic system which brings together natural resources, labour supply and technology and which is principally privately owned and where government has to some extent always been involved in regulating and guiding the economy Marketing - is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large Mass media - Non-personal channels of broadcasting a message to the general public, principally the naional newspapers, radio, and television Minute - also known as protocols, are the instant written record of a meeting or hearing. They typically describe the events of the meeting, starting with a list of attendees, a statement of the issues considered by the participants, and related responses or decisions for the issues. Money - is any object or record, that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context Offer - A proposal that is made to a certain individual or legal entity to enter into a contract, that is definite in its terms, and that indicates the offeres's intent to be bound by an acceptance Partnership - is defned as an association of two or more persons to act as coowners of a business for profit Press - A public relations announcement issued to the news media and other targeted publications for the purpose of letting the public know of company developments Price - is the quantity of payment or compensation given by one party to another in return for goods or services Producer - An individual or organization that creates goods and services Product - any tangible output or service that is a result of a process and that is

intended for delivery to a customer or end user

Promotion - is the communication link between sellers and buyers for the purpose of influencing, informing, or persuading a potential buyer's purchasing decision Report - A piece of information describing, or an account of certain events given or presented to someone Retailing - is selling goods and services to the ultimate consumer Share/stock - is a certificate of ownership that represents an equal share in the ownership of a Corporation Sole - proprietorship - is a business that is owned and usually operated by one persons Wholesale - is defined as the sale of goods or merchandise to retailers, to industrial, commercial, institutional, or other professional business users, or to other wholesalers and related subordinated services