Account - A record of actual income and expenditure, Advertising - How a business communicates information to consumers to encourage them to buy products and services, Analysed Cash Book - An account that records all of the money received and paid put by an individual, household or business over a period of time, Annual Equivalent rate (AER) - The compound interest rate for svaers, Asset - Something of value that is owned by a business(eg. land,equipment ,stock), Authorized share capital - The amount of share capital a business can issue, Balance - The amount of money in a an account at a given time, Bartering - The exchange of goods and services, Basic Pay - The amount of money earned by an employee for the normal working week, not including additions, Benefit in Kind - Non Money Income,

Junior Business A-Z of Business Terms 1

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