Elvire OJT Glossary: Business Management!
ELVIRE OJT Glossary
This glossary will help you to learn about Business Management jobs and words we are using in the program. The source of the definitions is from wikipedia, Larousse...
- Accounting
- noun
- The system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results.
- Example: If the government writes a college a check, then that is an expenditure; if the government makes a loan, then that is, for accounting purposes, an asset.
- en: comptabilité
- Actuary
- noun
- A person who calculates insurance and annuity premiums, reserves, and dividends.
- Example: After 16 years on the job, Albert Moore said he was recently laid off from his position as an actuary at Ohio National Financial Services.
- en: Actuaire
- Administration
- noun
- Performance of executive duties.
- Example: worked in the administration of a hospital
- en: Administration
- Bias
- noun
- an inclination of temperament or outlook
- Example: Blatant racial and gender discrimination is just about over, creating a sociological space in which to worry about subtler forms of bias.
- en: un préjudice.
- Business
- noun
- a commercial or sometimes an industrial enterprise
- Example: By that, Oxman meant consultants, not candidates, flocking into the business.
- en: Entreprise
- Cursory
- adjective
- Hasty and therefore not thorough or detailed
- Example: Only a cursory inspection of the building's electrical wiring was done.
- en: Superficiel
- Drawback
- verb
- to avoid an issue or commitment
- Example: The trip sounds great, but cost is a major drawback.
- en: Un inconvénient
- Entrepreneur
- noun
- One who organizes, manages, and assumes the risks of a business or enterprise.
- Example: However, when the paperwork is signed and the company is under new management, what remains for the post-exit entrepreneur?
- en: Entrepreuneur
- Faculty
- noun
- A branch of teaching or learning (such as law, medicine, or liberal arts) in an educational institution
- Example: Hirsch says most of her intended prep time during the school year was disrupted by additional meetings, and filling in for other faculty was also an issue.
- en: une filière
- Finance
- noun
- the system that includes the circulation of money, the granting of credit, the making of investments, and the provision of banking facilities
- Example: The rise of new personal-finance technology and the gig economy have meant that workers increasingly can access their wages more frequently.
- en: Finance
- Human Resources
- plural nouns
- A division of an organization concerned with personnel.
- Example: Human resources will contact you about your interview.
- en: Ressources Humaines
- Law
- noun
- The whole body of such customs, practices, or rules.
- Example: The courts exist to uphold, interpret, and apply the law.
- en: Droit/ Loi
- Management
- noun
- the act or art of managing : the conducting or supervising of something (such as a business)
- Example: We're using new management techniques.
- en: La gestion
- Retail
- noum
- To sell in small quantities directly to the ultimate consumer.
- Example: The sunglasses retail at $60 (kids) and $90 (adults).
- en: vente en détail
- Sales
- noun
- Operations and activities involved in promoting and selling goods or services.
- Example: vice president in charge of sales.
- en: Ventes
- Seller
- noun
- A marketed product that sells well, to a specified extent, or in a specified manner.
- Example: But, in the end, a spokeswoman for the auction house noted that the seller was happy the dress is staying in the UK.
- en: Vendeur
- Statistics
- noun
- Example: A branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data.
- en: Statistiques
- Trainee
- noun
- a person undergoing training for a particular job or profession.
- Example: Manon's husband is a NASA astronaut trainee, from the old tradition of the right stuff.
- en: Stagiaire.
- Volunteer
- noun
- a person who voluntarily undertakes or expresses a willingness to undertake a service
- Example: Volunteers are needed to help with the bake sale.
- en: Un Bénévole
- Wage
- noun
- Remuneration for work, service.
- Example: Both of them make decent wages.
- en: Un salaire