Terms used in business such as Certificate of Cattle Call,Acceptance,Certificate of incorporation etc.
This post explains about terms used in business such as Cash Plan,Category Killer,Cattle Call,CEDARS,Central Bank,Central Office End,Centralization,Certificate of Acceptance,Certificate of incorporation etc. These terms used in international business are arranged in alphabetical order and you may add more information about terms used in export business at the end of this article, if you wish.
Terms used in business
Cash Plan: A report listing the cash the business will generate from sales and use for expenses
Cash: Money in hand or readily available.
Cashback: A sales promotion technique offering customers a cash refund after they buy a product.
Casting Vote - The deciding vote cast by the presiding officer to resolve a deadlock when there are an equal number of votes on both sides.
Catch-22 - Much misused expression, it refers properly only to a problem whose solution is inherently self-defeating. Wrongly it is used to describe any insurmountable or difficult problem. It's from Joseph Heller's book of the same name; see cliches origins.
Catch-line / Accroche :Short sentence or text on an envelope, or as a heading to a text, designed to capture the reader's attention and encourage him to go on reading.
Category Killer - Large companies that put smaller and less efficient competing companies out of business.
Cattle Call - Term used in the entertainment industry for a large number of actors, etc., who are all auditioning for the same job.
Cause Proxima: This Latin phrase meaning proximate cause is used in case of Marine loss. Its them is where the loss has been brought about by several causes regard should be given to the proximate or the nearest cause.
Caveat Emptor: This is a general law applied to the sale of goods. It means buyers beware. When a person buy goods, the onus is thrown by law on the buyer to see that the goods are free from any sort of defect and that they are suitable for his purpose.
CAVEAT EMPTOR:"Let the buyer beware"
CBS: Cash before shipment
CCC Mark: An acronym for China Compulsory Certification mark. A symbol printed on a product or product label by its manufacturer or importer declaring compliance with the requirements of various Chinese government laws for manufactured products related to human life and health, animals, plants, environmental protection and national security.
CCT (Common Customs Tariffs) / TDC (Tarif douanier commun) :The Common Customs Tariff is a codification which determines customs duties at Community level.
CD-ROM Databases: This is the second major type of computer collection. The collection of information is stored on a high-capacity disk which is accessible by microcomputer with a CD drive. “Rather than pay for telephone hookup to the remote mainframe computer the library purchase the CD-ROM collection and periodic updates.
CE Mark: A mandatory European product marking and certification system. When affixed to a product and product packaging, CE marking indicates that a particular product complies with all applicable European product safety, health and environmental requirements within the CE marking system. CE marking covers approximately half of all US products exported to Europe. Over 50% of all US products sold to Europe require CE marking.
CEDARS :North Carolina's PreK-13 State Longitudinal Data System (SLDS).
Central African Economic and Monetary Community (CEMAC) - The Central African Economic and Monetary Community is comprised of six Central African countries: Cameroon, Central African Republic, Chad, Republic of Congo, Equatorial Guinea, and Gabon. CEMAC was established to promote cooperation and exchange among its members.
Central American Common Market (CACM) - An association of five Central American nations that was formed to facilitate regional economic development through free trade and economic integration. Established by the General Treaty on Central American Economic Integration signed by Guatemala, Honduras, El Salvador, and Nicaragua in December 1960, its membership expanded to include Costa Rica in July 1962.
Central and East European Countries / PECO (Pays d'Europe Centrale et Orientale) :Acronym employed principally in the framework of Community agreements or programs to refer to the following 10 States: Bulgaria, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, the Czech Republic, Slovenia and Slovakia.
Central Bank - The sole institution of a nation that has the authority to issue banknotes and set monetary and credit policies. It manages the rate of exchange of the nation's currency and determines the internal and external monetary stability of the currency.
Central Counterparty - Acts on behalf of both parties in a transaction, so that the buyer and seller do not have to deal with each other directly.
Central European Free Trade Agreement (CEFTA) - A trade agreement between non-EU countries in Central and South-Eastern Europe.
Central Office - A local exchange carrier's office where a customer's lines are terminated for the purpose of supplying local telephone service and to connect with interexchange carriers.
Central Office End - The end of a foreign exchange channel at which a subscriber has a dial access to a distant telephone company central office.
Central Reservation System (CRS) - A computer database system used by a chain of hotels (and other services providers) enabling availability and rates to be monitored and bookings to be made.
Centralised account / Compte centralisateur :This is a current account opened in the books of a foreign bank wherein all settlements, transfers or cheques are centralised in the country in which the foreign bank is located.
Centralization: the gathering together, at a corporate headquarters, of specialist functions such as finance, personnel and information technology. Centralization is usually undertaken in order to effect economies of scale and to standardize operating procedures throughout the organization. Centralized management can become cumbersome and inefficient and may produce communication problems. Some organizations have shifted toward decentralization to try to avoid this.
Centrally Planned Economy - An economy in which the government, rather than free-market activity, controls the allocation of resources.
Certificate of Acceptance - Term used in leasing. A document whereby the lessee acknowledges that the equipment to be leased has been delivered, is acceptable, and has been manufactured or constructed according to specifications.
Certificate of Analysis/Certificate of Inspection - Documents that may be asked for by the importer and/or the authorities of the importing country, as evidence of quality or conformity to specifications.
Certificate of incorporation: A document which is issued by the register of a joint stock company certifying that the company has been duly incorporated is called a certificate of incorporation. The moment this certificate is issued, the company becomes a legal personality having existence of its own.
Certificate of loss / Constat ou déclaration d'avarie :It is a means by which the damage or average surveyor establishes the nature and scale of damages and losses, in a written report.
Certificate of Manufacture - A statement that is usually notarized in which the producer of goods certifies that the goods have been produced and are now available to the buyer.
Certificate of origin / Certificat d'origine :This certificate proves the origin of the goods. It is usually issued by a Chamber of Commerce. A certificate of origin is often required for export or import purposes, as goods of a certain origin enjoy the advantages of a preferential system.
Certificate of Origin - Documents that may be asked for by the authorities of the importing country, as evidence of the country of manufacture of the goods.
The above details describes about terms called in business such as Cash Plan, Category Killer, Cattle Call,CEDARS,Central Bank,Central Office End, Centralization, Certificate of Acceptance,Certificate of incorporation etc. These phrases may help importers and exporters on their day to day business activities. The readers can also add more information about terms used in business trade below this post.Terms used in business such as Capitialism,Carbon Credit,Carey Street ,Cartel,Cash, Cash in Advance etc
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