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Dictionary Starting with A

Accounts Payable Turnover

A ratio that measures how quickly a company pays its suppliers

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Accounts Receivable

Amounts owed to a company by its customers for goods or services sold on credit

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Accounts Receivable Turnover

A ratio that measures how quickly a company collects its accounts receivable

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Accrual Basis Accounting

A method of accounting that recognizes revenues and expenses when they are incurred, regardless of when the cash is received or paid

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Accrued Expenses

Expenses that have been incurred but not yet paid

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Acquisition

The process of acquiring ownership of another company, a business unit, or a product line.

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Affirmative action

Policies and practices designed to promote diversity and equal opportunity in the workplace

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Agile

A methodology that emphasizes the rapid development and iterative delivery of software, allowing for flexibility and quick response to changes.

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Allowance for Doubtful Accounts

A contra-asset account that represents the estimated amount of accounts receivable that will not be collected

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Amortization

The process of spreading the cost of an asset over its useful life

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Amortization Schedule

A table that shows the allocation of an asset's cost over its useful life

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Asset

A resource that is expected to provide future economic benefits to a company

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Assets

Anything owned by a company that has economic value and can be used to generate revenue or provide benefits.

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Audit

An independent examination of a company's financial statements and internal controls

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Account

A record or statement of financial transactions relating to a particular person or business.

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Accounting

The process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.

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Accountant

A person whose job is to keep or inspect financial accounts.

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Accounts payable

Money that a company owes to its creditors or suppliers for goods or services purchased on credit.

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Accruals

The recognition of revenue or expenses that have been earned or incurred but not yet received or paid, respectively.

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Agelast

Someone who never laughs or jokes.

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Apricity

The warmth of the sun in winter.

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Ataraxia

A Greek word that means "calmness" or "tranquility" and refers to a state of serene calmness or imperturbability.

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Acedia

A feeling of listlessness or boredom that comes from a lack of purpose or meaning in one's life.

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Ailurophile

A person who loves cats.

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Anachronism

Something that is out of its proper historical time, often an object or idea from a different era.

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Aesthetic

Concerned with beauty, art, and taste, often used to describe an appreciation for something's visual or artistic qualities.

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Alacrity

Eagerness or willingness to do something, often used to describe someone who is quick and enthusiastic in their actions.

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Ascetic

Practicing strict self-denial and discipline, often used to describe someone who lives a simple and austere lifestyle.

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Abacus

A manual device used for performing arithmetic calculations, consisting of beads or balls on a frame.

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Abate

To become less intense or widespread, to diminish or reduce.

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Abide

To accept or act in accordance with a rule, decision, or recommendation.

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Ableist

Discrimination or prejudice against people with disabilities, based on the belief that typical abilities are superior.

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About

In reference to or concerning; on the subject of.

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Abstract

Existing in thought or as an idea but not having a physical or concrete existence.

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