My Administration Glossary

Hi, my name is Jérémie Messier, and I am in administration at Montmorency College for three years now. My glossary will help people like me that are in administration and need help to learn the vocabulary of this field of study. I went on Google and I searched what were the most commons word in this program to find twenty words that you might need help with or that are going to help anybody in his future career.

administration

noun

The process or activity of running a business, organization, etc.

Example: My friend was working in the administration of a hospital.

fr: administration

balance sheet

noun

A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.

Example: He couldn't explain the irregularities in the balance sheet, and I suspect him of taking the money.

fr: bilan

bankruptcy

noun

Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts.

Example: I am desperately trying to avoid bankruptcy by only buying necessities.

fr: faillite

business

noun

The term business refers to an organization or enterprising entity engaged in commercial, industrial, or professional activities.

Example: These aspects are all of equal importance to me and used together they allow me to manage my business effectively.

fr: entreprise

credit

noun

The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.

Example: My wife can't get credit from the bank because she is self-employed and, as such, is considered too much of a risk.

fr: crédit

creditor

noun

A creditor is an entity that extends credit, giving another entity permission to borrow money to be repaid in the future.

Example: Their backs are to the wall. If they don't find another creditor, they will go bankrupt.

fr: créancier

debt

noun

Debt is something, usually money, owed by one party to another.

Example: He's been working three jobs in an attempt to get out of debt.

fr: dette

deposit

noun

A sum payable as the first installment on the purchase of something or as a pledge for a contract, the balance being payable later.

Example: A $50 deposit is required at the time of purchase.

fr: dépôt

finance

noun

Finance represents money management and the process of acquiring needed funds.

Example: She is an expert in finance.

fr: finance

funding

noun

Money provided, especially by an organization or government, for a particular purpose.

Example: Under the terms of the agreement, their funding of the project will continue until 2005.

fr: financement

inflation

noun

Inflation occurs when prices rise, decreasing the purchasing power of your dollars.

Example: The government has been unable to control inflation.

fr: inflation

investment

noun

He action or process of investing money for profit or material result.

Example: In making the investment, he hazarded all of his savings.

fr: investissement

margin

An amount by which a thing is won or falls short.

Example: The group had a net profit margin of 30% last year.

fr: marge

retirement

noun

The action or fact of leaving one's job and ceasing to work.

Example: The staff all wished her a long and happy retirement.

fr: retraite

risk

noun

A situation involving exposure to danger.

Example: I take a risk every time I go out.

fr: risque

saving

noun

The money one has saved, especially through a bank or investment plan.

Example: I've been saving my money to buy a house.

fr: économie

share

noun

One of the equal parts into which a company's capital is divided, entitling the holder to a proportion of the profits.

Example: They bought 33 shares of American Standard.

fr: action

shareholder

noun

An owner of shares in a company.

Example: We bought back all the shares from a majority shareholder at his asking price.

fr: actionnaire

stock market

noun

The stock market consists of exchanges in which shares and other financial securities of publicly held companies are issued and traded.

Example: He plans to invest in the stock market.

fr: bourse

tax

noun

A compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.

Example: He was accused of evading taxes.

fr: impôt

wallet

noun

A pocket-sized, flat, folding holder for money and plastic cards.

Example: The lady put her money in her wallet.

fr: portefeuille

This glossary was made with the Virtual Writing Tutor glossary maker and grammar checker.