Glossary of Terminology and Definitions from Business and Management

Business Vocabulary – Glossary of Terminology for Business Correspondence Part 5 Process – A method of manufacture or of rendering services. Pilot Plan – A business operated to determine rates to be charged in its industry Probate – Proof established by legal procedures; e.g., probate of a will. Pipeline – Piping over long distance used……

Business Vocabulary – Glossary of Terminology for Business Correspondence Part 4

Glossary of Terminology for Business Correspondence – Business Vocabulary Part 4 Funded Debt – Fund setup for payment of long term indebtedness. Funded Reserve – A reserve for which a fund has been invested to earn income. Factor – Commercial agent who sells or buys goods for others on commission; commission agent. Foreclosure – Transfer……