Cash flowThe movement of cash into and out of a business |
CollateralCollateral is something lenders can use to give security against a loan. Often this is a major asset such as a house. |
CommodityThis is any item which can be freely bought and sold. Examples include gold, food products and coffee beans. |
CopyrightThe exclusive legal right, owned by the individual or group who created a work, or by an individual or group assigned by the originator, to use certain material and to allow others the right to use the material. |
Corporate social responsibilityCorporate social responsibility (CSR) is a form of self-regulation, where companies integrate social, environmental and ethical policies into their overall business strategy. Companies embracing CSR should take responsibility for their actions and take a proactive approach to having a minimal negative impact on the world. |
CreditorA person or firm that has lent your business money or to whom you owe money. |
Critical success factorA critical success factor is an element that must occur in order for a business to achieve its ultimate goal. |
DebtorA person or firm that owes money to you or your business. |
DepreciationThe reduction in value of assets over time, usually due to wear and tear. |
DiversificationWhen new products, services, customers or markets are added to your company’s portfolio. Diversification usually occurs as a risk reduction strategy. |