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Business Glossary

Business Glossary of Terms

Business and Finance glossary of business terms and commonly used words.
Dictionary of words from business, investing, self help and politics.
Glossary of Business Terms Glossary of Business Terms

Business 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.
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All business terms are listed alphabetically.

  • Billionaire - 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 rates.
  • Capitalism - 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 costs.
  • Deadline - 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 negative consequences.
  • Drop 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 - 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.
  • Global 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 Earth's atmosphere.
  • Marxism - 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.
  • Millionaire - 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.
  • Mitigation 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.
  • Mortgage Loans - Is a loan used to purchase property, often referred to as a mortgage or a home loan.
  • Personal 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.
  • Philanthropy - 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.
  • Ponzi 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 Ponzi.
  • Self 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.
  • Social 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 of humanity.
  • Sociology - 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 - Stagflation results when a recession, or economic stagnation, is combined with inflation (decrease in value of the currency).
  • Subprime Crisis - Is a 2007 financial crisis that started in the United States of America from the high number of defaulting borrowers with subprime mortgages.
  • Subprime 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.
  • Time 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.


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