| A | B |
|---|
| Number Crunching | performing complex and lengthy numerical calculations |
| Business Plan | Set of documents prepared by a firm's management to summarize its operational and financial objectives for the near future (usually one to three years) and to show how they will be achieved. It serves as a blueprint to guide the firm's policies and strategies, and is continually modified as conditions change and new opportunities and/or threats emerge. |
| Bribe | The act of taking or receiving something with the intention of influencing the recipient in some way favorable to the party. |
| Bank Loan Officer | A person who helps borrowers acquire loans. |
| Bank Loan | amount the bank expects to be paid and conditions of amount. |
| Business Contract | what all parties in the business group have agreed upon |
| Facilitator | Individual who acts as a 'lubricant' by helping a team with issues such as communications and problem solving. |
| Mediator | one who acts as a mediator on a link between parties to a business deal, investment decision, negotiation, etc. ... |
| Offer | terms, conditions, specifies and agreement to pay under these terms. |
| Promise | Commitment given by one party (the promisor) to another (the promisee) to carry out or refrain from carrying a specified act or acts. Promises, however, are legally binding only when they are made in a contract. |
| Negotiate | General: Bargaining (give and take) process between two or more parties (each with its own aims, needs, and viewpoints) seeking to discover a common ground and reach an agreement. |
| Bank Bond | Government agency that buys the entire issues of municipal bonds from the proceeds of its own bonds sold to the general public. |
| Trade-off | Technique of reducing or forgoing one or more desirable outcomes in exchange for increasing or obtaining other desirable outcomes. |
| Proposal | Solicited or unsolicited submission by one party to supply (or buy) certain goods or services to (or from) another. Unlike an offer, a proposal is not a promise or commitment but, if accepted by the other party, its proposer is expected to follow through and negotiate for the creation of a binding contract. |
| Agenda | Ordered sequence of items to be discussed in a formal meeting. |
| Cross-training | Training that covers several tasks within a department or office. |
| Financial statement | Summary report that shows how a firm has used the funds entrusted to it by its stockholders (shareholders) and lenders, and what is its current financial position. |
| Impasse | deadlocked decision |
| Agreement | meeting of the mind; on one accord in thought. |
| Good Faith | honest intention |
