Terms used in business such as Facility,Facsimile machine ,Factor,Fallen Angel,False Bottom,Fairy Dust etc.
This post explains about terms used in business such as Extension Strategy,External Market ,Facility,Facsimile machine ,Factor,Fallen Angel,False Bottom,Fairy Dust 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
Expropriation - A specific type of political risk in which a government seizes foreign assets.
Expropriation (investment policy) / Expropriation (police investissement) :Includes all forms of nationalisation of the local enterprise, including creeping expropriation. This can arise from various measures taken by public authorities, taken simultaneously or otherwise, whose accumulation denotes a confiscatory nature.
Extension Strategy - A marketing strategy to stop a product going into decline by making small changes to it, reaching new customers or finding new uses for it, e.g. a drink which was sold as an aid to those recovering from illness is now sold as a sports drink.
External Commercial Borrowing (ECB):ECBs refer to commercial loans with a minimum three-year maturity that can be raised from lenders from overseas where interest rates are lower than in India.
External Competitiveness - Being able to sell goods and services to customers in foreign countries at a competitive price.
External Debt - Also known as Foreign Debt. Money that is owed by the government, organisations or individuals to creditors in other countries.
External Equity - A situation in which an organisation's employees receive similar pay for the same type of work as employees in other organisations, i.e., pay which is equal to market rates.
External Market - A market for financial securities that are placed outside the borders of the country issuing that currency.
Extranet - A private computer network to which a company's customers and suppliers can link and communicate using the Internet.
Extranet :a closed network of Web sites and e-mail ssystems that is open to people outside as well as inside an organization.
Extrapolation - The estimation or determination of what will happen in the future by extending (extrapolating) known information or data. The verb usage 'extrapolate' is common and means using mathematics or other logical process to extend a proven trend or set of data. 'What if?..' scenarios and business modelling generally involves some sort of extrapolation. It's a way of predicting something by assuming a historical pattern will continue into the future.
Extraterritoriality - A government practice which applies its laws outside its territorial boundaries.
Ex-Warehouse:The term is used in the price quotation of goods. If the price is quoted to ex-warehouse it indicates that the buyer has to pay the transportation costs from the warehouse where goods are stored.
Eyeballs - Advertising term. A name given to the number of people who visit a website advertisement, which can be counted by the number of click-throughs.
E-Zine - An electronic magazine which is published on the internet, or delivered by e-mail.
E-zine :a regular publication of a particular topic distributed in digital form, mainly via the Web but also e-mail or floppy disk.
Face Value:The value as appeared on the face of the security is called face value.
Facility - a predetermined arrangement such as an account offered by a financial institution to a business (e.g. a bank account, a short-term loan or overdraft).
Facility (or Facilities) - Any item or items of communications plant or equipment used to provide or connect to Sprint services.
Facsimile machine (FAX): Machine capable of transmitting written input via telephone lines.
Factor: a variable investigated in a statistical study.
Factor:A factor is an agent who is appointed to sell goods having the possession and control of the goods to his care. He receives some remuneration known as commission for discharging his service.
Factoring - (also known as debtors finance and accounts receivable finance) — is when a factor company buys a business' outstanding invoices at a discount. The factor company then chases up the debtors. Factoring is a way to get quick access to cash, but can be quite expensive compared to traditional financing options.
Factoring / Affacturage :Combines the characteristics of a debt recovery procedure, a technique to cover payment risks and a means to finance debts. The factor settles the seller's receivables in advance. This is not a discount but a payment by subrogation with a subrogate receipt.
Factoring - Sale of an accounts receivable balance to buyers (factors) that are willing and able to bear the costs and risks of credit and collections.
FACTORING:The buying and selling of invoices or accounts receivables.
Factory Floor - The area of a factory where the goods are made. Also the collective name of the ordinary workers in a factory, rather than management.
Factory Price - The price charged for goods direct from the factory, not including transport costs, etc. Factory Price is often quoted by retailers or in advertisements to show that products are for sale at a very low price.
Fair Trade Laws - Fair trade laws establish the minimum resale price for a product set by the manufacturer.
Fairy Dust - A term often used in the entertainment business. The final enhancement or touch on a project. The unknown factor which turns something great into something fantastic.
Fallen Angel - Term used in finance to describe bonds which once had a good investment value, but have now dropped in value to a much lower rating.
False Accounting - A criminal offence. Giving false information in, or destroying, a company's accounts, usually for personal gain. Fraud.
False Bottom - On the stock market, selling prices which seem to have already hit their lowest level because of a subsequent price rise then fall through a false bottom because the price falls even lower.
Fast moving consumer goods (FMCG) / FMCG :Cheap dayly items bought and used up quickly.
Fast Moving Consumer Goods (FMCG) - Products (and the related industry) which are sold in big volumes by big retailers at low profit margins, at keen prices, to domestic consumers - traditionally foods and groceries, household consumables, etc., and nowadays extending to any products of short life and disposable/consumable nature. See FMCG in the acronyms section.)
Fast Track - Quick route in a career to success and promotion, associated with high ambition.
Fast Track Negotiating - Authority provided by the U.S. Congress to the Executive Branch to negotiate amendment-proof trade agreements.
Fat Cat - A wealthy person living off investments or dividends, or a chief executive of a large company or organisation who is on a very large salary, huge pension, etc.
Fatka Bazar:Fatka Bazar is an organized market where transactions are carried on for future delivery and for future payment.
Fault Tolerance - Enables a system, especially in computing, to continue to operate properly even though a component in the system has failed.
FBS :Financial and Business Services.
The above details describes about terms called in business such as Extension Strategy,External Market ,Facility,Facsimile machine ,Factor,Fallen Angel,False Bottom,Fairy Dust 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 trade such as Expedited Charge,Expert System ,Export / Exportation,Export Broker,Export Factoring,Export Restraints etc
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