Financial Analysis

8 words in this vocabulary list

noun a person whose profession is inspecting and managing financial accounts

  • The accountant prepared the financial statements for the company.
  • I heard the accountant is crunching numbers for the annual report.
  • The number-cruncher at the firm is the accountant.
  • The accountant is the gatekeeper of the company's financial health.

verb present participle of the verb ascend, meaning to move or go upwards

adjective describing something moving or going upwards

  • The hikers began their ascending journey up the mountain.
  • We're going to start ascending the hill soon.
  • Let's start climbing up, it's time to ascend!
  • Her career has been steadily ascending over the past few years.

noun a financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time

  • The balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
  • I need to update the balance sheet with the latest financial data for our meeting tomorrow.
  • I'm crunching numbers for the balance sheet - it's a real headache!
  • In life, we all have a personal 'balance sheet' of our accomplishments and failures.

noun a prediction or estimate of future events

verb to predict or estimate (a future event or trend)

  • The meteorologist issued a weather forecast for the upcoming week.
  • I checked the forecast and it looks like it's going to rain tomorrow.
  • The forecast says it's gonna be hot as heck this weekend.
  • She could forecast trouble ahead based on his body language.

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 the action of arranging items in a particular order or sequence

verb to arrange items in a particular order or sequence

  • The sorting of the documents was done meticulously to ensure accuracy.
  • I'm sorting through all my old clothes to see what I can donate.
  • I'm just sorting out my room, it's a total mess.
  • Sorting through my thoughts, trying to make sense of everything going on.

adjective describing something that has not been proven or supported by evidence

  • The claim made by the witness was deemed unsubstantiated by the court.
  • I heard an unsubstantiated rumor about the new project at work.
  • Don't believe everything you hear, it's probably just unsubstantiated gossip.
  • Her dreams of becoming a famous singer were ultimately unsubstantiated.

verb to winsorize means to adjust a data set by limiting extreme values to reduce the impact of outliers

  • In statistical analysis, one common technique is to winsorize the data to remove extreme outliers.
  • When cleaning up the data, we can winsorize the outliers to get a more accurate picture.
  • Let's winsorize the data so we can get rid of those crazy outliers.
  • Just like trimming the edges of a picture, winsorizing helps to clean up the data.