【#第一文档网# 导语】以下是®第一文档网的小编为您整理的《经济与管理英语名词解释重点》，欢迎阅读！
Perfect competition: many sellers of a standardized protect. Monopolistic competition: many sellers of a differentiated product. Oligopoly: few sellers of either a standardized or a differentiated product. Monopoly: a sing sellers of a product for which there is no close substitute. Perfect substitute: refers to the products in very much similar qualities that a consumer would just as soon have one as the other. Credit terms: period of late payment to be offered by a seller. Physical stock of capital: refers to durable or long-lasting inputs , such as machinery , tools, and buildings. Federal Reserve System: a coordinated group of financial institutes acts as the central bank of the United States, issuing paper currency, supervising the commercial bank of the country, and implementing monetary policy. Monetary policy: the policy that the federal government takes to adjust the money supply, the availability of loanable funds, or the level of interest rates so as to influence general economic activity. Fiscal policy: The federal government influence general economic activity by changing the level of government spending or taxes. Mode of payment: way of payment,such as cash,check,or credit card. Operations management: a term shifting from industrial management, manufacturing management, and production operations management, because people have found that concepts and techniques for managing production in factories are useful in government and services as well. Order promise notice: making a commitment to the customer to ship or deliver an order. Cooperative advertising: an arrangement by which the costs of advertising are shared by the retailer and the manufacturer. Payments in kind: payments in goods or services not in money. Tax subsidy: the convention of allowing interest payments for debt as a business expense,reducing tax obligations.This is seen as a “tax subsidy”. EBIT: earnings before interest and taxes, also known as operating profit which measures the firm’s performance without regard to financing or taxes. Therefore,interest of EBIT refers to the interest of debt. Saving and loan association: a financial institute which is very much similar to a bank, mainly focusing on leasing and property investment. Trade credit: credit between resellers .Usually a seller trusts a buyer and allows the buyer to pay later but within certain period. Consumer credit: credit between a seller and a costumer, usually a seller trusts a customer and allows the customer to pay later but under certain specified arrangements. Tight money: refers to tight monetary policy with high interest rate and tight money supply. OBM: Organizational Behavior Management, one of the foundation fields of business administration. Cash account: an account which describes the cash flow. Assets: assets are resources, or things of value,owned and controlled by the business. Cash, land, or buildings are several types of assets in an accountant’s accounts. Liabilities: liabilities are claims by creditors of a business and commit the firm to convey assets or perform services at some future time. Balance sheet: a statement showing the assets and liabilities of a business at a certain date. Capital accounts: The capital accounts are subdivided into four categories: capital stock ,surplus, undivided profits, and others.Therefore, a bank’s capital accounts represent the equity, or ownership, of this bank’s stock holders. Negotiable certificates of deposits: A negotiable CD is receipt given by a commercial bank for a deposit of funds, which stipulates that the holder of receipt at maturity will be paid interest plus principal. The CD may not be redeemed by the bank before it matures, but because it is negotiable , it may be sold by the initial buyer on a secondary market. Strategic myopia: person’s views that lack strategic considerations for the future. Return-on-investment: the ratio of net profit to total investments. 本文来源：https://www.dywdw.cn/51ede799be23482fb4da4cfd.html
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2022-07-15
