-          asset: sth which belongs to a company or a person and has value

-          under capacity: capacity that the amount of work which can be done can be more than that

-          output: the amount which a machine produces

-          surplus asset: asset which is more than it needed

-          sell off: sell out sth with low prices

-          investment appraisal: the calculation of value of the investment

-          privatize: sell a nationalized industry to private owners

-          productivity: the rate of output per employee or a machine in a factory

-          gearing: the ratio of borrowing related to capital

-          outstanding loans: the loan have not paid yet

-          accumulated reserves: the reserves which a company has put aside over the period of years

-          shareholder : person who owns shares in a company

-          venture capital: the capital for investment which may easily be lost in risky projects, but can also  provide high returns

-          share flotation: the act of starting a new company by selling shares in it or to public

-          merchant bank: bank which arranges loans to companies, deals in international finance, buys and sells shares and launch new companies on the stock exchange, but does not provide normal banking services to the general public

-          stock= inventory: a warehouse where the goods for sales are put into

-           management accounting: process of preparing a/cs or reports and provide them to the management in time so that they can manage the business in a good way

-          Credit a/c: the a/c which a customer has with a shop and which allows him to buy goods on credit

-          Consolidated credit a/c: the a/c for all trade debtors

-          profitability a/c: a/c showing the profit or loss a company make in a particular year

-          auditor: person who examines books and a/cs of a company

-          book-keeping: person who prepare financial a/cs

-          opportunity cost: the value of another method of investment which could have been used instead of the one adopted

-          current assets: the assets with small value and used in a short run and whose value is one passed onto the product value

-          fixed assets: assets with high value and used in long run and whose value is gradually passed onto the product value

-          credit control: checking credit worthiness and credit status

-          turnover: the amount of sale of goods and services by a company