Business
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The American Heritage® Dictionary of Business Terms
Business is a broad term that relates to any corporation, industry, sole proprietorship or entity engaged in the practice of making money, usually by producing goods or services. For those involved in the business world--which is almost everyone, in some way or another, the American Heritage Dictionary of Business Terms can provide you with the information you need to get you through business communications.
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Business Terms You Should Know
The amount of net cash generated by an investment or a business during a specific period. One measure of cash flow is earnings before interest, taxes, depreciation, and amortization. Because cash is the fuel that drives a business, many analysts consider…
Assets pledged as security for a loan. In the event that the borrower defaults on the terms of the loan, the collateral may be sold, with the proceeds used to satisfy any remaining obligations. High-quality collateral reduces risk to the lender and resul…
The buying and selling of goods and services over the Internet. Ebay is a company that has taken advantage of e-commerce. …
The legal seizure of property by a creditor from a borrower who has failed to make the required payments on a loan. The most likely outcome is for the lender to sell the property and use the proceeds to satisfy the outstanding balance on the loan. …