The terms used in business such as Yarnstorming , Yield ,Yeoman,zero-fund,Z-Score,Zip etc.
This post explains about terms used in business such as X-Efficiency,Yarnstorming , Yield ,Yeoman,zero-fund,Z-Score,Zip 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.
The terms used in business
X-Efficiency - A concept introduced by economist Harvey Liebenstein. A company's ability to use its workers, machines, technology, etc., to produce maximum output at lowest cost and as quickly as possible.
Xenology - The scientific study and/or research of alien cultures and biology.
Xerox Machine - A piece of equipment which makes paper copies of documents, etc.
X-Inefficiency - When a company is not using its employees, machinery, resources, etc., effectively, often because of lack of competition.
XML: a metalanguage that describes rules for defining tagged markup languages.
Xylography - The art of engraving an image on a block of wood, or printing from woodblocks.
Yarnstorming - Also called yarnbombing, an intriguingly specialised type of peaceful demonstration and activism in which objects such as works of art, sculpture, railings, phone boxes, considered unattractive by the activists, are covered by knitting or crochet, usually at night, and mainly by young women.
year-end: relating to the end of a financial or fiscal (tax) year.
Yellow Pages - A telephone directory, usually printed on yellow paper, which lists businesses, organisations, retailers, etc., in alphabetical order in categories according to the service they provide.
Yellow Sheets - Published every day in the US by the National Quotation Bureau, a list which shows information and prices of corporate bonds.
Yeoman - A servant or attendant in a royal or noble household.
Yield / Rendement :Response rate to an offer in terms of the number of messages sent. If the offer is made at two different times, the terms used are primary yield and secondary yield.
Yield - The annual income earned from an investment, usually expressed as a percentage of the sum invested.
Youth Court - A court of law, which members of the public are not allowed to attend, that deals with juvenile (under 18 years of age) offenders.
Yuppie - Derives from Young Urban Professional. Term used since the 1980s to describe a young person who has a well-paid job and an affluent lifestyle.
Zaibatsu - Large family-owned conglomerates that controlled much of the economy of Japan prior to World War II. The four most historically significant zaibatsus, the Big Four, are Mitsubishi, Mitsui, Yasuda, and Sumitomo whose roots date back to the Japanese Edo period.
zero-balance account: a bank account that does not hold funds continuously, but has money automatically transferred into it from another account when claims arise against it
Zero-Based Budgeting - ZBB. A system in which a yearly budget for a department in a company starts at zero with no pre-authorised funds, and the department has to justify its budget requests.
zero-fund: to assign no money to a business project without actually canceling it
Zero-out :Process by which excess state or federal cash, held at the end of the month, is taken back by the state.
Zero-Rated - Describes goods or services on which the buyer pays no value-added-tax.
Zero-Sum Game - A situation in which what is lost by one person, company, etc., is matched by a gain by another/others. Used in economics and Game Theory to describe the relatively simple 'strictly competitive' situation whereby all the losses and gains balance each other to zero. Potential gains are finite; what is gained by one must be lost by another, and vice-versa.
Zip - In computing, compressing data to make a file smaller in order for it to be stored or sent to another computer. Also, slang for nothing.
Zipper:(Note that many of these genericized brand names remain strongly protected in commercial use, in certain territories. Trademark owners cannot object to common usage in speech, but can certainly take legal action against competitors or other ways that the names might be exploitated without permission.)
Z-Score - Developed by Dr Edward Altman of New York University in the 1960s, a measurement of the financial health of a company which predicts the probability of the company going bankrupt.
The above details describes about terms called in business such as X-Efficiency, Yarnstorming , Yield ,Yeoman,zero-fund,Z-Score,Zip 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 overseas trade below this post.Terms used in trade such as Wow Factor,Writ Of Execution,Write-Protect,World Trade Organisation etc
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