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Dictionary

A

  • Accounts receivable

  • Allowable expenses

  • Articles of association

  • Authorised share capital

B

  • Barriers to exit

  • Bearer share

  • Bookkeeping

  • Business angel

  • Business name

C

  • C-suite

  • Card payment

  • Card reader

  • Cash

  • Cash accounting

D

  • Data Protection Act

  • Debit note

  • Debtor

  • Deductible VAT

  • Default

E

  • EC Terminal

  • Electronic invoicing

  • Ending inventory

  • EORI number

  • Exchange gain or loss

F

  • Finished goods

  • Fixed exchange rates

  • FOB destination

  • Freelancer

G

  • Glocalisation

  • Goodwill

  • Group consolidation

I

  • Import duty

  • Import VAT

  • Insolvency

  • Instalment payments

  • Intellectual property

J

  • Joint products

K

  • Kartenlesegerät

L

  • Late fees

  • Liabilities

  • Lifetime Individual Savings Account (LISA)

  • Limited company

  • Limited liability

M

  • Making Tax Digital (MTD)

  • Managed service company (MSC)

  • Markdown

  • Markup

  • Merchandise

N

  • Net sales

O

  • Opening balance

P

  • Packing note

  • Pagamento con carta di credito

  • Partial payment

  • Partnership

  • Partnership agreement

Q

  • Quotation

R

  • Rateable value (RV)

  • Recurring invoice

  • Reducing balance depreciation

  • Refund or reimbursement

  • Registered share

S

  • Sales

  • Sales discount

  • Sales turnover

  • SEPA

  • Share

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

W

  • Wholesaler

  • Word of mouth (WOM)

  • Work in process

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