Major Flashcards
Real variables
Variables measured in physical units
Real interest rate
It refers to the interest rate adjusted for inflation.
recruitment
Recruitment refers to the process of inducing new hires to apply by providing information on recruitment.
severance pay
an amount paid to an employee on the early termination of a contract.
termination
the act of making a person leave a job; the act of firing or dismissing someone.
Price Fluctuation Reserve
Inventory assets or provision set up to prepare for losses incurred by the price of temporarily owned securities falling in the future.
Price Discrimination
It refers to setting different prices for the same product in different markets geographically and temporarily.
Price Destruction
As a result of price cuts due to overheated competition among retailers, the existing price system collapses.
Conversion Cost
It refers to the cost of materials, labor, and expenses invested when raw materials or semi-finished products are processed into better useful products.
Supervisory Management Zone
It refers to a class that supervises employees on the spot.
Customer Acquisition Cost (C.A.C)
CAC is the total cost spent on obtaining customers, such as sales and marketing costs and wages.
Deferred Revenue
Money received in advance for products or services to be performed in the future before being recognized as sales.
Churn Rate
Percentage of customers lost by an enterprise if customers do not renew or cancel their monthly subscription to the service.
Open-End-Mortgage
As one of the corporate bond issuance systems, issuing bonds of the same rank in installments several times without issuing all bonds of the same rank at once under the same security.
Outsourcing
To send away to be done by people outside the company.
Unemployment insurance
A policy program that supplements part of the income if workers lose their jobs.
Provisional contract
A temporary contract with certain conditions set before signing a formal contract. It’s also called temporary contract.
Penalty taxes
It refers to a tax that imposes an amount at a certain rate on the amount originally imposed when the prescribed tax is not paid.
Scrip dividend
In order to temporarily prevent cash from flowing out of the company, it refers to issuing a certificate of promise to pay dividends after several months and replacing them with dividends.
Indirect Labor Costs
It refers to the salary paid to workers, employees, on-site supervisors, quality test managers, etc. who are not directly engaged in construction work but are engaged in auxiliary work at the work site.
Depreciation
A decrease in the value of something opposite
Loss From Inventory Shrinkage
It refers to the difference between the inventory on the ledger calculated by the Continuous Recording Act and the actual inventory identified through field investigations.
Tax Relief
Tax relief is a reduction in the amount of tax that a person or company has to pay, for example because of expenses associated with their business or property.
Capital Reduction
Reducing the total amount of capital registered in the court in order for a corporation or limited company to compensate for deficits or correct excessive capital.
Sinking Fund
It refers to a fund that a bond issuing company reserves every business year during the bond period to secure funds for bond repayment. Therefore, this refers to a specific asset for bond redemption.
