business dictionary 2003

8/7/2019 Business Dictionary 2003

http://slidepdf.com/reader/full/business-dictionary-2003 1/4



Majority Interest: (exp.) Owning more than 50% of the total shares in a

company, and therefore more than 50% of the voting interest.

Marketability: (adj.) This can easily be resold or good marketability.

Marketing: (n.) The promotion and/or selling of a company, product, service,

etc.

Market value: (exp.) The value investors believe a firm is worth.

Merchandise: (n.) Movable goods free on board.

Merchandising: (n.) The practice of promoting and selling goods. Commercial

products which are associated with a film, pop group, TV show, celebrity, etc.,

such as toys, clothing, food products, household items, etc.

Movable goods: (exp.) Cars, airplanes, appliances, computers, etc.

Maturity: (n.) The date on which the principal is required to be repaid.

Mogul: (n.) Also called a tycoon. A very rich, powerful business person

N

NASDAQ: (abb.) National Association of Securities Dealers Automatic

Quotation System.

National market: (exp.) Internal market domestic market.

Nationalization: (n.) A government takeover of a private company.

Negative Growth: (exp.) A term used to describe a recession. The opposite of

economic growth.

Net Lending: (exp.) The total amount of funds lent by a bank or building society

over a certain period, minus any repayments made by borrowers.

Net Price: (exp.) The price payable for goods or services after any deductions,

discounts, etc., have been taken off.



Open-market operation: (exp.) Purchase or sale of government securities by

the monetary authorities to increase or decrease the domestic money supply.

Open Shop: (exp.) A business or factory which does not require employees to

be members of a trade union.

Operating risk: (exp.) The inherent or fundamental risk of a firm, without regard

to financial risk. Also called business risk.

Outlay: (n.) The total amount of money which has to be spent to acquire an

asset or start a project, including costs, taxes, delivery charges, etc.

P

Package Deal: (exp.) A set of several products which are offered for sale and

must be bought in a combined package.

Pay-As-You-Go: (exp.) Refers to a method of paying for a service as you use

it, such as mobile phone credit. Also can be used to pay debts as they are

incurred.

Petty Cash: (n.) A small amount of cash kept by a business to pay for small

purchases.

PLC: (abb.) Public Limited Company. In the UK, a company with limited liability,

whose shares can be purchased by the public.

PMI: (abb.) Purchasing Managers Index. Published every month, an economic

measure relating to manufacturing. A PMI over 50 indicates industry is

expanding.

Portfolio: (n.) A collection of investments, such as shares, bonds, etc., which

are owned by an individual or organization.

Portfolio Career: (n.) Concept attributed to guru Charles Handy in the 1990s. A

career in which a person pursues several jobs at the same time, rather than

working full-time for one particular company.

business dictionary 2003

Documents