Glossary of Business Terms
Glossary : Includes all the terms
and definitions from the business glossary
on Woopidoo.com. All words and terms relating
to big and small businesses, entrepreneurs,
company terms, management, and much more.
terms are listed alphabetically.
- Refers to an individual whose net
wealth equals or exceeds one billion
dollars or pounds. If the individual
has wealth in a currency other than
dollars or pounds, the value of wealth
is assessed according to general exchange
- Capitalism refers to a type of social
government in which most or all means
of production and distribution of goods
and services is privately held by either
individuals or corporations. The economic
system of capitalism is based on the
idea of a free market in which goods
and services are traded openly and where
prices and value find balance according
to supply and demand rather than set
- A Deadline is a specific date or due
date by a which time a project must
be completed or debt paid. The term
also refers to a time limit or specific
length of time by the end of which the
project or debt must be finished. Failure
to meet a deadline usually results in
Shipping - A dropshipper or wholesale
dropship company ships wholesale merchandise
blind for online retailers or auction
sellers, taking away the need to store
products in a warehouse.
- Entrepreneurship refers to an individual
or group of individuals who start a
new business or organization or revitalize
an existing business or organization.
These include businesses or projects
for profit as well as non-profit organizations.
Warming - Is the increase in the
Earth's overall average temperature
over recent decades and its projected
increase in coming years. In recent
years, this term has been used to describe
the effect of human activities on the
- Developed by Karl Marx and Friedrich
Engels in the 19th century, Marxism
refers to the idea that all evolving
economies ultimately take the same course:
Feudalism to capitalism and eventually
ending up as a socialist or communist
environment where economic and social
classes no longer exist.
- Is an individual whose net worth is
equivalent to or greater than one million
dollars or one million British pounds.
Individuals who quantify their worth
in other currencies qualify as millionaires
based on the exchange rate and their
estimated value in dollars or pounds.
of Global Warming - Mitigation of
Global Warming refers to the actions
taken by individuals or corporations
to reduce the greenhouse gas emissions
in order to minimize their effects on
global climate change.
Loans - Is a loan used to purchase
property, often referred to as a mortgage
or a home loan.
Finance - Personal Finance refers
to financial planning relative to the
individual. In general, the term relates
to analyzing an individual's current
financial status, budgeting, and planning
for the future.
- Usually refers to the act of generosity
associated with giving money, time,
or effort to a charitable cause or institution
under the intention of improving the
well-being of humanity.
Scheme - Ponzi scheme or Ponzi scam
is the name of a fraudulent operation
designed to take money from new "investors"
and give it to previous "investors"
instead of using it to create an actual
profit. Ponzi schemes are usually cloaked
by seemingly legitimate investment operations
with high returns for those who buy
into the program. Named after Charles
Help - Self Help, otherwise known
as Self Improvement, refers to the acts
of an individual to improve himself
or herself without assistance from anyone
else. The term refers to any measure
used to improve mental, physical, financial
or spiritual conditions alone or by
means of books or other reference materials.
Responsibility - The Term Social
Responsibility refers to the idea that
companies and corporations should contribute
wealth or resources solely dedicated
to the improvement of society as a whole.
The principal of social responsibility
dictates that these entities should
contribute at least a small amount of
resources to the general well being
- Sociology refers to the study of human
behavior and society as a whole. Sociology
usually incorporates the history and
evolution of human behavior, the institutions,
structure, development, and organization
of human society.
- Stagflation results when a recession,
or economic stagnation, is combined
with inflation (decrease in value of
Crisis - Is a 2007 financial crisis
that started in the United States of
America from the high number of defaulting
borrowers with subprime mortgages.
Lending - Is a type of lending commonly
used in the United States of America
by borrowers that would not usually
qualify for a regular loan.
Management - Time management refers
to the ability to properly plan and
use time in order to promote efficiency
and productivity. Instead of actually
managing time itself, the term refers
to the management of activities and
processes that occur during a general
or specified period of time.
of Business Terms> Business Glossary
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