Business
vocabulary
Benchmark
-
a : a point of reference from
which measurements may be made
-
b : something that serves as a
standard by which others may be measured or judged
-
c : a standardized problem or
test that serves as a basis for evaluation or comparison (as of computer system
performance)
Branch
-
a
natural subdivision of a plant stem; especially : a
secondary shoot or stem arising from a main axis (as of a tree)
o
To
branch out
Brand
-
a
class of goods identified by name as the product of a single firm or
manufacturer
Business
-
a : a usually commercial activity
-
b : a commercial or sometimes an
industrial enterprise
Company
-
an
association of persons for carrying on a commercial or industrial enterprise
Grant
-
something granted; especially : a
gift (as of land or money) for a particular purpose
Invoice
-
an
itemized list of goods shipped usually specifying the price and the terms of
sale : bill
o
invoice
data
o
invoice
closing process
Profit
-
the
excess of returns over expenditure in a transaction or series of transactions; especially : the
excess of the selling price of goods over their cost
o
Non
- profit association
Turnover
-
a : a cycle of purchase, sale, and replacement of
a stock of goods
-
b : the ratio of sales for a stated
period to average inventory
-
c : the amount received in sales for a stated
period