arcane : Mysterious

Speculate : Predict by chance

forecast : predict weather or financial trend
landscape: Disctinctive features of a sphere of intelectual activities
Embezzel: steal or misappropriate
namely: That is to say
outright: alltogether - completely
mystify: make obscure and mysterious
Business's bottom line : net income
Bias : prejudice - preconceived opinion that is not based on reason or actual ex
perience
invoice : a list of goods sent.
subsequent : coming after something in time (maintenance services)
sagg
assess: evaluate and estimate the value or the quality of ..
to gauge : evaluate and estimate the amount of
plummet : drop at high speed (price)
One-time charge : gathering all the bad news in one quarter of company's
financial results , so that the other future quarters look good
Plung : fall or move suddenly :plonger
add up : make sense
throwing caution to the winds
something under your belt
precarious : not securitly held
payroll : list of a company's employees and the amount of money they are to be p
aid
savvy : savant
worth your while: worth the time or effort spent.
no-brainer : involves no mental effort
in the meantime : meanwhile :in the intervening period of time .
marketplace : commercial arena (market place)
incorporate : constitute / include as paart of a whole
solely: seulement
shenanigans: secret or dishonest activity
chat : make a map of
couurse : a way in which something progress and developp
decipher : dcoder succed understanding
Endeavor : try hard to achieve
pursue : follow in order to attack or catch - Seek to attain a goal - proceed al
ong
Emphasize : make more clearly defined
throw up his hands in dismay (anxiety - distress)
bear with : be patient and tolerant with
indigestion : pain or discomfort in digesting food
insight : a clear view and understanding of something
POSTPONE THE DAY OF RECKONING
overlook: fail to notice
subliminal : affecting someone's brain without him being aware
forefront(leading position) of your thinking
grow accostumed to
come in handy
hard and fast answers
milestone :a significant stage in the development of a product
petition :
make or present a formal request to
The art of accounting and finance is the art of using limited data to come
as close as possible to an accurate description of how well a company is perform
ing
revenue or sales (recognition) : refers to the value of what the company sold to

its customers during a

given period .
Operating expenses are the costs required to keep the company going from day to
day
they include salaries,benefits,and insurance costs, among a host of other items
they are substracted from revenue to determine profit .
Capital expenditure is the purchase of an item that's considered a long term inv
estment
such as equipment .

Closing the books at the end of each month

The balance sheet reflects the assets, liabilities and owner's equity at a point
in time
Guidelines:
GAAP: Generaly Accepted Accounting principles
otherwise , you're comparing pears to peaches
something on the up and up : legitimate, honest
perpetrators : who commit illegal activity

The Matching principle : the costs in the income statement are associated with t
heir revenues
in order to determine profit.
Profit = Surplus/Deficit
EPS = Earnings Per Share = Net profit / number of shares
not yet recognized sales = backlog or booking
liability : amount that a company owes to somebody else
COGS : measure of all the costs directly associated with the making of a product
or delivering
a sevice
the line = gross profit
Charges above the line are short term
Operating expenses = SG&A = expenses that are not directly related to making the
product
or delivering a service. (bad=unnecessary bureaucracy)
depreciation :the expensing of a physical asset over its estimated useful life
in the latter : second of all
write-off : something useless
incidentally : by the way
entail: involve

severance : ending a relationship/dismissal(remove from employment)

layoff : temporary or permanent discharge of a worker
operating profit : EBIT/ PROFIT MADE FROM RUNNING THE BUSINESS
contribution margin : revenue - variable costs ( shows how much we should produc
e to cover fixed costs)
(pricing/add or subtract production line)
-Fixed costs = operating profit
-taxes/interest=net profit
Exchange rate : is the price of one currancy expressed in terms of another one
fluctuation :rise and fall irregularly -> affect profitability of ccompanies doi
ng business in othr countries
veteran : someone with long time experience in a particular field

Balance sheet : is a statement of what the business owns and it owes at a partic
ular point in time
the difference is equity
ascertain: find out for certain
account receivables : the amount that customers owe to te company
intangibes: anything valuable but you can't touch or spend : skills customer's l
ist strategic stregth
Patent : bara2at ikhtira3
breakneck speed
canvas
end up in hot water
found in a pickle
withdraw : take away or remove
mortgage-backed securities - prime loans
cash is the reality check :warren buffet
precepts
prospect
owner earnings : measure of the company's ability to generate cash over a period
of time
the cash was in the mail
create mischief
well-to-do tourist
all companies need both profit and cash to ensure a healthy business
reconcile : restore friendly relationship between
As somenones puts it ,
Eyeballing something
Cash Flow Statement construction :
NEt Profit (Income Statement)
+asset decreases (difference between 2 Balance Sheets)
-asset increases
+liabality increases

-liability decreases
take on : to begin to perform
harvest = 7asad (seeds)
but for whatever reason that s not always the case.
don t feel back about it
It s loud, but you can make out what people are saying.
t s time for me to hit the sack, I m so tired.
Oh all right, you ve twisted my arm, I ll come! =you conviced me
things are still up in the air = unsure or unofficial
Stab someone in the back = betray someone close
Lose your touch = lose ability or skill
sit tight =wait patiently and don't take action until you haer otherwise
pitch in = join in activity
to go cold turkey means to suddenly quit or stop addictive such as smoking
face the music = face the reality
keep your chin up =stay strong
amped = super excited
take something seriously
everyone had a blast = fun and exciting time
who dumped who
a looker = good looking person
it s sick! = great