Aval is a term that refers to a guarantor loan and is provided by the bank. Bank provides a guarantee that in the event of insolvency of the debtor, he pays the obligation.
Authority and Responsibility - in management must be both components balanced, otherwise manager cannot achieve set goals. Balancing authorities and responsibilities is an important part of organizing.
The activity is somehow bounded unit of work.
Absolute ratios are stock and flow values creating the content of financial statements (balance sheet, income statement, cash flow).
Access control is one of the fundamental security management processes. Its aim is to prevent access to someone who does not have it and allow it only to those who should have it.
Asset Management is a set of processes and activities that ensure the trouble-free operation of assets in order to maintain their value as high as possible or even to further develop and increase their value.
The term analysis describes the process of segmentation or differentiation of a more complex entirety or fact into smaller segments or parts.
Artificial intelligence means that the machine behaves and thinks like a man.
ARR (Annual Recurring Revenue) is an indicator that measures annual turnover from recurring revenue.
Administrator or just admin is a person who is responsible for managing something and has the appropriate authority or duty to do so.
Assets is a term that refers to the enterprise property or to the economic means.
Androdidactics is a theory of adult learning. Adresses methods and organizational forms used in education of adults.
Action plan is a plan outlining actions and specific steps that must be performed to achieve the desired objective.
Accounting Period is an economic term that refers to the period for which the entity prepares its financial statements. It is a continous period of twelve consecutive months, unless stated otherwise. Individual accounting periods have to follow one after another.
Authorized person is a person authorized to perform a particular activity by virtue of empowerment, qualification or other type of authorization.
Artifacts is a term that refers to the part of the organizational culture. They are artificial human creations or products. They are external manifestations of culture, clearly awared.
ASAP is the acronym of As Soon As Possible. It is used in less formal business correspondence or e-mails for setting the date, which is expected to the desired action or task.
Authorization is the concept of security management and means verification of authorization to any act or operation. Thus, determination whether the entity may perform given activity or operation (has a power or authority).
Ad-hoc means purposeful, for a specific purpose, for a particular case. The opposite is universal.
Anomie is a term that refers to the low cohesion of the society (e.g. organization).
Accounting documents are the documents entering into the accounting. They must be: true, complete, clear, timely, carefully prepared (must be legible, not overwritten, postponed, etc.).
Amortization Schedule is a repayment schedule. It is an overview of the individual installments, through which a loan or other debt is gradually repaid.
Access rights represent privilege level of employees or users of the system to accept something or to use something. Access rights are usually granted based on the authorization, permission or empowerments.
Activity Ratios are used to monitor the ability of an enterprise to use its property. How the business uses business assets, whether it has unused capacities, sufficiently productive assets or so.
The account is the basic unit of accounting. It is a chronological registration of changes in the carrying values of certain entities.
Activity report is an overview of the worker's activities over a period of time, it shows specific tasks, activities, assignments, projects, and so on that has been done.
AIFO (Agenda Identifier of a natural person) is a non-public identifier that is uniquely assigned to a physical person's record on the appropriate Agenda Information System or Registry within National Registers of Czech republic. AIFO is derived from the physical identifier of the individual and the agenda code and is used exclusively to identify the individual person for the purposes of the agenda which was assigned.
Augmented reality is a view of the real world combined with digital information.
Accounting is a term that refers to records of economic phenomena of entities, which may be legal or natural person. Accounting is a summary of information of assets, liabilities, receivables and economy and it provides such information to management, owners and other authorities or institutions.
Advertising is any form and way of advertising a goods, service, organization, brand that aims to sales increasing. The current advertising uses various media, especially mass media (press, radio, TV, internet...).
Administrative work (sometimes backoffice) is such work in a company, whose subject is to both support the operations of the organization and all management activities. Administrative work usually takes place in the office and uses computers or other information technology
Authority or Power typically represents the right (or rights) of the worker to use a discretion. Authority means the right (privilege) - the rights that mean the possibility or a freedom of action or claim(s) to something.
Accounting entity is separate unit that is accounted for separately and have to maintain separate accounts.
Attitude belongs among basic psychologic terms. It is a hypothetical construct representing the positive or negative approach of someone to something, respectively someone else. Attitudes are the key terms of the social psychology.
Average Annual Return (AAR) is a ratio of all cash flow related to investment and number of years of lifetime of the investment.
Average Payback Period is a method that indicates in what time the initial investment should be repaid ( at a uniform implementation of cash flows).
Average Percentage Return is a method that indicates the percentage of invested capital that average annualy returns.
Accounting-Based Profitability Measures (ABPM) is calculated as the ratio of the estimated profits and the average net book value of the investment.
Asset Turnover Ratio is a term that indicates the efficiency of utilization of total assets. Asset turnover indicates how many times the total assets turnover for one year.
ARPC (Average Revenue Per Customer) is an average revenue per customer indicator. Tells how much does a company earn in revenue for an average customer. Typically, ARPC is per month or per year.
Anti Money Laundering (AML) - is a set of laws, procedures and other measures to reduce or stop illegal money-laundering activities, ie legalizing the proceeds of illegal activity.
Analytical cookies are information about visitors behaviour on a webpage or web application during a visit. They collect statistical, not personal information. It helps to improve the performance, user experience or speed of the page or the application.
Average Collection Period is a term that indicates how many days it takes before the receivables are transferred to the money (collected).
Authentication is the concept of security management and means the identity verification of any entity (person, system). Thus, to determine whether the entity is the one for which poses as.
APR gives the total cost to the borrower must pay for one year in connection with a loan or a loan.
Articles of Association (or Articles of Incorporation) represent together with the Memorandum of Association drafting basic document of the company's constitution. Statutes and defines control over the company, executive-level management of the company and responsibilities of the directors.
Availability means that data or any equipment are available at the time of its needs. Is expressed as a percentage of the available time.
Ad or Advertisement Blindness is the conscious and subconscious ignoring of advertising messages. People have a natural tendency to ignore or avoid advertisements. Ignored ads have less promotional impact.
The concept of adhocracy anticipates non-bureaucratic, flexible and creative organizational arrangement where the organizational structure flexibly transforms according to current tasks, situations and needs of the organization into various forms.
Audit is a term that refers to the examination of certain activities, information and data in order to verify their validity and reliability.
Receivables is a term that refers to the right of one person (creditor) to meet a liability (debt) to another person (debtor).
Angel Investor (sometimes Business Angel) refers to a person who individually invests capital in enteprises or projects with high growth potential. Angel investor is essentially individual equivalent to organizations providing venture capital. Angel investor's capital is part of private equity investments. It is a private capital.
Ability is a term which means the preconditions, the potential and the disposition for a certain kind of activity or for a particular skill. Abilities are developed by learning based on talent.
Asset register is an list of company's assets with basic information about each asset item. It typically contains set if information to allow both planned and reactive maintenance.
Ambient marketing is a type of marketing that uses unusual, original formats and media, and is often based on a surprise or humor. It ranks among the guerilla marketing.
Audit trail or audit log is an automatically and chronologically recorded set of activities of someone or something. Audit trail provides an evidence that something has happened or someone has done something.
Added value is the difference between production and manufacturing.
Asset Appraisal (or Asset Valuation) is a procedure for determining an asset's value expressed in a price. This price is important for accounting.
The advertiser is the person or organization that pays for / served advertising. The advertiser chooses the method and form of advertising (eg. Medium, content, etc.).
Agile project management is an interactive way of managing projects. Typical is the creation of prototypes and their continuous refinement and approval by the customer.
Accrued Expenses are short-term external resources – i.e.expenses which a company anticipates in the future.
Assertiveness is a term that refers to the skill of healthy self-assertion, self-acceptance and self-discovery. The aim is to succeed without any unnecessary aggression, something clearly assert and stand up on my own.
Attention is a term designating mental cognitive process allowing the focus the perception in a certain direction.
Account (in the Accounting) is in the the element, the chronological record that is used to capture transactions and the value of an assets, liabilities and equities.
The attack on the default password (the password given by the manufacturer) is the most common and the easiest way to take over control of any device connected to the Internet. You can he simply avoid it by changing the default password.
Accounting obsolescence is the life time of the firm's assets, expressed in bookkeeping, for example by depreciation. At the end of the accounting obsolescence, the asset is written off and its value in the accounts is nil.
Arbitrage in the world of trade and business denotes business activities aiming at the sale and purchase of assets on different markets (in different locations and time zones) while taking advantage of the differences in prices.
Aptitude is natural dispositions of a man. It is a natural, innate ability.
API economy is the designation for a positive effect of using APIs between applications on the business and overall efficient operation of companies. API is an interface that allows communication between two different applications.