Business Word/Phrase of the Day: Accounting



BUDGET CONSTRAINT bʌdʒɪt kənˈstreɪnt
Topic : Accounting

Noun

  • things that limit the amount of money that can be spent.
Example Sentence: The department manager was restricted by strict budget constraints.
 
RECEIVABLES rɪˈsivəbəls
Topic : Accounting

Noun

  • money that a business expects to receive.
Example Sentence: The company generates roughly $400 million in receivables annually.
 
OUTLOOK aʊtˌlʊk
Topic : Accounting

Noun

  • how the future looks based on current predictions.
Example Sentence: The outlook for small firms has worsened in recent months.
 
CASHFLOW kæʃ floʊ
Topic : Accounting

Noun

  • the amount of money moving through a company.
Example Sentence: Accountants can advise on systems for managing cashflow.
 
CAPITAL EXPENDITURE kæpɪtl ɪkˈspɛndɪtʃə
Topic : Accounting

Noun

  • the cost of long-term improvements.
Example Sentence: They do not have enough cashflow to cover their capital expenditure.
 
ANALYST ænlɪst
Topic : Accounting

Noun

  • Somebody whose job is to carefully study and understand something.
Example Sentence: Business analysts say the crisis is likely to hurt the country’s economy.
 
DEPRECIATE dɪˈpriʃiˌeɪt
Topic : Accounting

Verb

  • to lose value, especially with time.
Example Sentence: In general, big cars tend to depreciate faster than smaller cars.
 
AUDIT ɔdɪt
Topic : Accounting

Noun

  • an investigation of a company's finances to make sure they are correct.
Example Sentence: They are carrying out the annual audit.
 
ROYALTY rɔɪəlti
Topic : Accounting

Noun

  • money paid to somebody (esp. a writer/musician) when their work is used.
Example Sentence: He receives royalties every time the advert appears on TV.
 
PAY UP peɪ ʌp
Topic : Accounting

Phrasal Verb

  • give money.
Example Sentence: You must pay up by Friday.
 
ACCOUNT FOR əˈkaʊnt fɔr
Topic : Accounting

Phrasal Verb

  • explain.
Example Sentence: She was unable to account for over $5000.
 
AMORTISATION əˌmɔːtaɪˈzeɪʃən
Topic : Accounting

Noun

  • the repayment of debt in small regular amount.
Example Sentence: Company earnings before interest, tax and amortisation grew by 10%.
 
RECEIVABLES rɪˈsivəbəls
Topic : Accounting

Noun

  • money that a business expects to receive.
Example Sentence: The company generates roughly $400 million in receivables annually.
 
PROFITABLE prɒfɪtəbəl
Topic : Accounting

Adjective

  • making money or likely to make money in the future.
Example Sentence: The most profitable industries are those that are difficult to enter.
 
PARENT COMPANY pɛərənt kʌmpəni
Topic : Accounting

Noun

  • a company that owns control of one or more subsidiary companies.
Example Sentence: It is the parent company of several publishing firms.
 
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