Business Finance Terms

verb to divide and allocate something in portions or shares

• The committee had to apportion the budget among various departments.
• Let's apportion the tasks evenly so no one feels overwhelmed.
• I'll apportion the snacks for the road trip.
• She had to apportion her time wisely between work and family responsibilities.

noun a form of currency, such as coins or banknotes, that can be used to exchange goods and services

verb to exchange a check or other negotiable instrument for money

adjective related to or involving money in the form of coins or banknotes

• The customer insisted on paying with cash instead of a credit card.
• I always make sure to have some cash on me just in case.
• I need to hit up the ATM to grab some cash for the concert.
• His quick thinking saved the project, he really came through in the cash.

noun A person who is involved in the management of large amounts of money, especially in business or government

• The financier was responsible for securing the necessary capital for the project.
• The financier is the one who funds the whole operation.
• The financier is the money guy who makes it all happen.
• The financier is like the wizard behind the curtain, pulling all the strings.

noun a word that refers to a person, place, thing, event, substance, or quality

verb a word that expresses an action, occurrence, or state of being

preposition a word that shows the relationship between a noun (or pronoun) and other words in a sentence

• It is important for businesses to keep books accurately to ensure financial transparency.
• Make sure you keep books for all your expenses if you want to track your spending.
• I always keep my books in check to make sure I'm not overspending.
• In order to stay organized, it's crucial to keep books on all aspects of your life.

noun A sum of money paid out

verb To distribute money or resources, especially as a payment

• The insurance company will pay out the policyholder's claim once all necessary documentation is submitted.
• I heard that the company will pay out bonuses to employees who meet their targets this quarter.
• If you win the bet, I'll pay out big time!
• Investing in education now will pay out dividends in the future in terms of career opportunities.

noun an amount of money owed to a person or organization for goods or services provided

adjective able to be received or collected, especially in terms of money

• The company recorded the accounts receivable on its balance sheet.
• I have a few outstanding receivables that need to be collected.
• I'm waiting on some cash from my clients, got some receivables coming in.
• Patience is a virtue, like waiting for receivables to be paid in full.

noun money owed to a business by customers or clients for goods or services provided

• The company's balance sheet includes a section for receivables, which represent the money owed to the business by customers.
• Make sure to follow up with clients who have outstanding receivables to ensure timely payment.
• I need to chase down these receivables before the end of the month.
• Managing receivables is like playing a game of financial chess - you have to strategize and anticipate your opponent's moves.

noun a payment made by a corporation to its shareholders, usually in the form of cash or additional shares of stock, based on the company's profits

• The accrued dividend on the stock was distributed to shareholders at the end of the quarter.
• I heard we're getting some accrued dividend from our investments soon.
• Yo, did you see that fat accrued dividend we got on our stocks?
• Like a tree growing taller, our wealth slowly increased with each accrued dividend earned.