Terms used in business such as Fixed asset,Fixed Costs,Fixed Parity ,Flame , Flexecutive,Float,Floating etc.
This post explains about terms used in business such Fiscal Drag,Fiscal Policy,Fixed asset,Fixed Costs,Fixed Parity ,Flame ,Flexecutive,Float,Floating 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
First Mover - A business that gains an advantage by being the first to establish itself in a specific market by producing a new product or offering a new service, or by being the first to use new technology.
First Order Of Business - The most important task to be dealt with.
First-to-market Advantage - Also known as "first-mover advantage." The idea of first-mover advantage is that the initial occupant of a strategic position or niche (market segment) gains access to resources and capabilities that a follower cannot match.
Fiscal Consolidation:The term refers to the things a Government does to maintain good fiscal health — cut debt and wasteful expenditure and improve revenue opportunities.
Fiscal Drag - A situation in which wages rise because of inflation but income tax thresholds are not increased, which can push people into higher tax brackets and therefore makes them pay an increased proportion of their wages in tax.
Fiscal Policy - A government policy to regulate a nation's annual economic activity by setting tax levels and determining government expenditure.
Fiscal Policy:It is what a Government does to influence the course of an economy through decisions on taxes and spending.
Fiscal Responsibility and Budget Management Act:The Act is an attempt to make the Government adhere to a phased plan to reduce fiscal deficit, which denotes an excess of expenditure over revenue.
FISCAL YEAR:Any 12-month period used by a company or government as an accounting period.
Fiscal: relating to financial matters, especially in respect to government collection, use. and regulation of money through taxation.
Five Nines - Refers to the 99.999% of the time that some companies claim their computer systems work properly.
Fixed asset - a physical asset used in the running of a business.
Fixed asset: a long term asset of a business such as a machine or building that will not usually be traded.
Fixed Assets - Assets, such as property, equipment, furniture, vehicles, etc., which are owned by a company and which are needed to operate the business.
Fixed cost - a cost that cannot be directly attributed to the production of a good or service.
Fixed cost: a business expense that is constant regardless of the amount of bussiness being done.
FIXED COST:A production cost which does not vary significantly with the volume of output. An example would be administrative costs. (Also see VARIABLE COST).
Fixed Costs - Costs, or overheads , which are incurred by a business whether or not it is operating or generating income, such as wages, rent, insurance, utilities (for example electricity, gas, water), etc.
Fixed Exchange Rate System - An exchange rate system in which governments stand ready to buy and sell currency at official exchange rates. Fluctuations of this currency are not possible.
Fixed expenses: Those costs which don't vary from one period to the next. Generally, these expenses are not affected by the volume of business.
Fixed Forward Contract - Currency is bought or sold at a given future date.
Fixed interest rate - when the interest rate of a loan remains the same for the term of the loan or an agreed timeframe.
Fixed Parity - In foreign exchange, when the currency of one country is equal in value to the currency of another country.
Fixed Term Contract - Also known as Temporary Contract. A contract of employment which ends on a specific date, or on completion of a task or project. Fixed term employees have the rights to the same pay, conditions and benefits as full-time employees.
Fixer - A person who makes arrangements for someone else, usually for a fee, by using their influence and often underhand, illegal methods.
Flame - To send a rude or unacceptable message by e-mail, or to post a message on an Internet forum which is offensive or inciteful.
Flash Drive - A small portable device such as a 'pen drive' which connects to a USB port on a computer and is used to store data which can then be transferred to another computer. The term flash drive derives from 'flash' memory, invented by Dr Fujio Masuoka of Toshiba around 1980. The name flash (apparently, according to Wikipedia, 2010) was suggested by Masuoka's colleague, Shoji Ariizumi, who likened the memory erasure function to a camera flash.
Flash Mob - A secretly-planned (usually via modern computerised social networking technology), quickly-formed, organized group of people, assembled to engage in a quirky activity, typically for the amusement and entertainment of the participants. Potentially the term may be applied to similar gatherings organized for more conventional promotional, protest or other publicity/pressure purposes, although this strays somewhat from the usual concept, in which the flash mob event is an aim in itself, rather than part of a wider campaign with a specific purpose. The expression is not new. It originated in the 1940s US underworld when it referred to a gang of thieves or confidence tricksters. The word flash has been used in various criminal contexts since the 1600s and in the original 1940s phrase flash mob, flash literally meant criminal. The modern use of the flash mob expression naturally fits the notion of flash photography, a fast or fleeting appearance, a 'flash of inspiration', and especially the recent understanding of flash in relation to quick technology such as flash memory and flash drives. See also mob.
Flats - In the entertainment industry, these are painted canvas sheets fixed onto wooden frames used on film sets, etc. for scenery.
Flexecutive - A manager who works flexible hours, often from home using the Internet. A multi-skilled executive who can change tasks or jobs with ease.
Flexitime - A work system in which employees work a set number of hours each week or month, but they decide when they are going to start and finish each day, usually between a range of given working hours.
Flight Capital - The movement of large sums of money from one of investment to another, or from one country to another, to avoid high taxes or financial instability due to political unrest.
Flighting - A cost effective method of advertising. A commercial is scheduled to appear on TV, usually when viewing figures are high (flight). There are periods in between the flights when the commercial does not appear on TV (hiatus). During the TV hiatus the product being advertised will often appear in newspapers or magazines, so the public is continually aware of it.
Float - is when a private company offers shares in the company to the public for the first time. See Initial public offering.
Floatation - See definition for Flotation.
Floating (or Unfunded) Debt:These are the loans borrowed by a trader to meet temporarily the requirements of current business and are payable within a short period of time (say a year).
Floating Charge:It is a charge given by a company to a creditor giving a loan on condition that the lender will have charges over all assets. The possession of property is retained by the company.
Floating Currency System - An exchange rate system under which a government is not obligated to declare that its currency is convertible into a fixed amount of another currency.
The above details describes about terms called in business such as Fiscal Drag,Fiscal Policy,Fixed asset,Fixed Costs,Fixed Parity ,Flame ,Flexecutive,Float,Floating 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 Feasibility Study,Federal funds,Federation , Filibuster,Figurehead ,Finance,Financial Risk etc
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