Business Dictionary
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An alphabetical listing of General terms and items. |
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A form of pay given to employees in exchange for the work they have done
A provision of an insurance policy that suspends payment of premiums, for example, if the insured suffers disabling injury
To resign from a job
The U.S. financial industry, or the area of New York City where much of its business is done
Refers to the dates in late October of 1929 during which the American stock market crashed, causing widespread panic through the population and ultimately solidifying the beginning of The Great Depression.
A software package providing digital wallets or purses on the computers of merchants and customers to facilitate payment by digital cash
A sustainable process for reducing the environmental impact of the disposal of all types of materials used by businesses.
Physical assets such as a house or financial assets such as stocks and shares that can yield an income for their holder
The process of creating, developing, and enhancing a Web site in order to increase the number of visits by potential customers
An average of quantities that have been adjusted by the addition of a statistical value to allow for their relative importance in a data set
Speaking out to the media or the public on malpractice, misconduct, corruption, or mismanagement witnessed in an organization
A price charged to customers who buy large quantities of an item for resale in smaller quantities to others
Selling to distributors at significantly discounted prices who in turn sell to full service or self service retail outlets.
Businesses and individuals engaged in the activity of selling products to retailers, organizational users or other wholesalers. Selling for resale.
The money that an employer pays directly to the U.S. government as a payment of the income tax on the employee
Word-of-mouth publicity on the Internet. Owing to the fast-paced and interactive nature of online markets, word of mouse can spread much faster than its offline counterpart
The excess of current assets over current liabilities. The cash needed to keep the business running from day to day.
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