Dictionary
A
Accounts receivable
Allowable expenses
Articles of association
Authorised share capital
B
Barriers to exit
Bearer share
Bookkeeping
Business angel
Business name
Business rates
Business structure
Business-to-business (B2B)
By-products
C
C-suite
Card payment
Card reader
Cash
Cash accounting
Cash discount
Cash flow
Cash on delivery (COD)
Charity
Chip and PIN
Click and mortar
Commercial invoice
Commission
Community interest company (CIC)
Company registration number (CRN)
Construction Industry Scheme (CIS)
Consumer
Consumer Rights Act 2015
Contractor
Corporation
Cost of goods sold
Credit note
Creditor
Customer Lifetime Value (CLTV)
Customs Duty
D
Data Protection Act
Debit note
Debtor
Deductible VAT
Default
Delivery note
Department
Deposit
Diminishing marginal utility
Direct debit
Director
Distance selling
Domestic reverse charge
Down payment
Due date
Due diligence
E
EC Terminal
Electronic invoicing
Ending inventory
EORI number
Exchange gain or loss
Excise Duty
Expense
Export VAT
F
Finished goods
Fixed exchange rates
FOB destination
Freelancer
G
Glocalisation
Goodwill
Group consolidation
I
Import duty
Import VAT
Insolvency
Instalment payments
Intellectual property
Invoice
Invoice format
Invoice number
J
Joint products
K
Kartenlesegerät
L
Late fees
Liabilities
Lifetime Individual Savings Account (LISA)
Limited company
Limited liability
Liquidation
M
Making Tax Digital (MTD)
Managed service company (MSC)
Markdown
Markup
Merchandise
Merchant acquirer
Mergers and acquisitions (M&A)
N
Net sales
P
Packing note
Pagamento con carta di credito
Partial payment
Partnership
Partnership agreement
Payment guarantee
Payment on account
Payment receipt
Payment terms
Periodic stock management
Perpetual stock management
Personal service company (PSC)
Point of sale (POS)
POS mobile
Prepayments
Producer surplus
Product list
Profit & loss statement (P&L)
Proforma invoice
Purchase order
Purchasing power
Q
Quotation
R
Rateable value (RV)
Recurring invoice
Refund or reimbursement
Registered share
Reminder letter
Revenues
Reverse charge
Rounding
S
Sales
Sales discount
Sales turnover
SEPA
Share
Shareholder
Simplified invoice
Single market
Sole trader
Standing order
Statement of account
Stock management
Subcontractor
Subscription
Supply and demand
SWIFT/BIC codes
T
Tariff
Tax point
Touch ID
Transaction
Transaction fee
U
Unbundling
Unique Taxpayer Reference (UTR)
Unlimited liability
V
Variance
VAT
VAT exemption
VAT Flat Rate Scheme
VAT invoice
VAT number
VAT rate
VAT registration
VAT report
VAT Return
VAT taxable turnover
VAT threshold
W