Date of publication: 2017-08-31 16:26
Positioning - Term used to describe the way a company, product, service, etc., is marketed in order to make it stand out from the competition by choosing a niche according to brand, price, packaging, etc.
Clapper Boy - On a film or TV set, the person who holds the clapperboard (which has information on it, for example film title, shot number, etc) in front of the camera for about one second at the start of each shot after the camera starts rolling.
Vigorish - A slang term, also abbreviated to vig, for the commission or fee charged by a bookmaker or casino on a wager. Also the interest on a loan from a loan shark or unregulated loan provider. The term is Yiddish (Jewish) deriving from the Russian word vyigrysh, meaning winnings.
Appraisal - A review of performance, capability, needs, etc., typically of an employee, in which case the full term is normally ' performance appraisal '.
Counterpart - A person or position which has a corresponding function in a different organization, country, etc. The corresponding function naturally is also a counterpart. Also a copy of a legal document.
Cost Of Sales - Also known as Cost Of Goods Sold (COGS). The cost of providing a service or manufacturing a product, including labour, materials and overheads.
Risk - In business, especially insurance, the amount of money a company stands to lose, or the threat of an action or event which will have an adverse effect on a business.
Write-Off - In accounting, to reduce the book value of an asset, sometimes to zero, or cancel a debt which has not been, or is unlikely to be, paid.
Pet Insurance Plans - veterinary care plan insurance policy providing care for a pet animal (., dog or cat) of the insured owner in the event of its illness or accident.
Low Hanging Fruit - A term used in business for something which is easily obtainable and highly visible, and provides a quick easy way to making a profit.
Investment - Money or capital that is invested in a business or in an account with a financial institution in order to make a profit or earn interest.
Negative Equity - A term commonly used in the property market during a recession when a property is worth less in value than the outstanding balance of the loan with which it was purchased. This usually only affects the borrower if they need to sell the property during this time.