1~10 Vocabularies related to Business

1) Added Value- Difference between the price of finished products and the cost to make them.
ex) So the added value is high then you make more profits by selling them.
2) Adding Value- The process of increasing the value of resources by changing them during the production process.
ex) So you can change the value of resources, before you produce the products to make more profits.
3) Adviser- Someone who give you support and advice.
ex) My mom is my favorite adviser in my life.
4) Bank Loan- Fixed money usually used to finance for houses and machineries.
ex) I got a bank loan for buying the house.
5) Bank Overdraft- Borrowing more money from the bank than what you actually have in the account.
ex) By over drafting from the bank, I made little bit of debt to the bank.
6) Bankruptcy- Business are no more able to pay their debt back.
ex) By lack of their business plan and miss investing, their business met a bankruptcy.
7) Best Case- The best optimistic assumptions on forecasting and cash flow has come true.
ex) Our business had met the best case of all for the year.
8) Bias- Term used in market research, by which the sample research can not represent the whole audience.
ex) In every survey, the base of them has bias targets.
9) Break even- The point at which the total sales of products equal to total costs
ex) To make profit from business, they have to have higher points than break-even.