About Project
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Enterpreneurs project

Project YERRF - Young Entrepreneurs Rejuvenate Rural France

Provides all an entrepreneur needs to start their entrepreneurial path
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Learning global business english

At YERRF we are puting in place a glossary of business language both in English and in French. As words come up during our research or in interviews they will be added here in English and in French upon the French section of this website. You simply find the word in English here and then click upon it and you will be taken to the French equivalent and meaning of that word.

Acquisition: Taking ownership of another business.
Advertising:The activity of attracting public attention to a product or business, as by paid announcements in the print, broadcast or electronic media, to not be confused with marketing and public relations.
Amortization: Amortization is the paying off of debt with a fixed repayment schedule in regular installments over a period of time for example with a mortgage or a car loan. It also refers to the spreading out of capital expenses for intangible assets over a specific duration (usually over the asset's useful life) for accounting and tax purposes.
Amount: total quantity of accounts
Angel Investor: An individual who support emerging entrepreneurial ventures, usually as a bridge to get from the self-funded stage to the level of business that would both need and attract venture capital.
Appraisal: A formal estimate of the value of something on the open market.
Barter: The direct exchange of merchandise and/or services between businesses.
Budget: An estimate of costs, revenues, and resources over a specified period, reflecting a reading of future financial conditions and goals.
One of the most important administrative tools, a budget serves also as a plan of action for achieving quantified objectives, standard for measuring performance, and device for coping with foreseeable adverse situations.
Business Incubator: A company that supports startups, in terms of accommodation, consultancy and financing during the early stages of the life of the company.
Business to Business
: also called B to B or B2B, is a type of transaction that exists between businesses, such as one involving a manufacturer and wholesaler, or a wholesaler and a retailer.
Business to business stands in contrast to business to consumer (B2C) and business to government (B2G) transactions.
People or group of people who use a good or service to satisfy  individual or collective needs.
Consumer direct marketing: A form of Network Marketing in which the distributors are all also consumers, i.e. they must also buy the product for personal use.
Contract: A negotiated and legally binding agreement between two or more parties regarding the conduct of the action.
Contribution: A sum, established by a prior agreement or by a statute, which had to be paid by the members of a group or organisation for common expenses.
Corporation: An association of individuals, created by law or under authority of law, having a continuous existence of its members, and powers and liabilities distinct from those of its members.  
Delivery: Consignment of an object to a person who ordered it.
Depreciation: Loss of value.
Due diligence: The inquiry process of obtaining a sufficient and accurate disclosure of all material documents and various information which may have influence the outcome of the transaction.
Entrepreneur: An individual who organizes, operates and assumes the risk for a business venture.
Entrepreneurship: Ability for an individual to create wealth by using labor and material combined in a business enterprise structure.
General partnership: An organizational structure in which general partners share in the administration the profits and the losses of the operation.
Grant: Financial assistance by the State or a public person to a private person, whether natural or legal, for the purpose of promoting the activity of general interest to which it is engaged.
Guarantee: Guarantee of a third person, via bill of exchange or promissory note, who is committed to pay the amount if not paid by the other signatories.
Income: All the resources or rights that an individual, a company or a public authority, collects over a given period, in kind or in money, without levying on its patrimony.
Interest: The income generated by a loaned or invested capital and defined by a rate.
Joint venture: A legal entity created by two or more businesses joining together to conduct a specific business enterprise with both parties sharing profits and losses. It differs from strategic alliance in that there is a specific legal entity created.
Limited liability company (LLC): Legal entity that is not taxable itself and distributes the profits to its owners but shields personal assets from business debts as in a corporation.
Limited partnership: Business arrangement in which the day-by-day operations are controlled by one or more general partners and funded by limited or silent partners on the amount of their investment.
Loan: A contract by which one of the parties, the lender, places at the disposal of the other, the borrower, a thing for his use, to be repaid at the agreed term, usually accompanied by a guarantee and giving payment of interest in the event of a loan of money; loaned amount.
Marketing: The process of researching, promoting, selling and distributing a product or service. It includes a broad range of practices, including advertising, publicity, promotion, pricing and overall packaging of the goods or services.
Merger: A joining together of two previously separate corporations. A true merger in legal sense occurs when the two businesses dissolve and move their assets and liabilities into a newly created entity.
Mortgage: It is an agreement that allows you to borrow money from a bank or similar organization, especially in order to buy a house.
Multi-level marketing (MLM): Any business in which an individual receives proceeds not only from their own sales but also from the sales made by the people they have signed up, and potentially people those people have signed up and so on.
Networking: Developing business contacts to form business relationships, increase your knowledge, expand your business base, or serve the community.
Order: Request for goods or services from a customer to a supplier.
Outsourcing: To reduce costs by transferring all or part of an organization’s work to an external supplier rather than completing it internally.  
Partnership: A business form in which two or more individuals carry a continuing business for profit. A partnership is legally regarded as a group of individuals rather than as a single entity, and each of the partners file their share of the profit on their individual tax return.
Patent: A property right granted to an inventor to exclude others from making, using, offering from sale, or selling the invention for a limited time in exchange for public disclosure of the invention when the patent is granted.
Producer: A person, country, enterprise who produce economic goods.
Public relations (PR): The deliberate promotion of specific image for a business. Often confused with publicity which is simply the material used in a specific part of a public relations effort.
Rate of interest/interest rate: The percentage of that annual income in relation to the amount loaned. For the borrower or debtor, the interest rate is the price you have to pay to borrow money.
Sales: The exchange of a product or service for money. Also refers to the profession of that activity or a department within a company that performs that activity.
Sole proprietorship: A business owned and operated by one person.
Start-up: A small business,or project, that has just been started.
Strategic alliance: An ongoing cooperation between two businesses in which they combine efforts for a specific purpose.
Trademark: Form of legal protection for words, names, symbols, sounds, or colors that distinguish goods and services. Trademarks, unlike patents, can be renewed forever as long as they are being used in business.
Unemployment: It is the situation in which people cannot find a job even if they are willing to work and they are able to do it (according to the age).
Venture capital (VC): Form of financing for a company in which the business gives up partial ownership and control of the business in exchange for capital over limited time frame, usually 3-5 years.


Entrepreneurship Workshop
Social or Commercial
"Which are you?"
Marketing Workshop
"Like it - follow it - add it,
Now learn to use It"
Websites designed to be found
Financial Workshop
"Accounting for your actions"
and how to figure it out yourself
Business Language Workshop
"Let's talk business"
Learning English to French to English
EVS & European Entrepreneurs
International Entrepreneurial Organisations
Governmental Bodies & Entrepreneurship
Registering your Enterprise or association
Social Media
Website Creation & Hosting
Blogging creation
Grants Funding Aid
Universities with Entrepreneurship Learning & Courses
Entrepreneurial Scholarships
Learning Entrepreneurship
Business Language for Entrepreneurs
Entrepreneurs Project News
YERRF Entrepreneurs Project
Yerrf Projet in French
Yerrf french

Start-Up Tools for Entrepreneurs
Articles on Entrepreneurship

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Euro erasmus plus  + La Giraudiere Entrepreneur

Young Entrepreneurs Rejuvenate Rural France - an Entrepreneurs Learning Project managed by the association  Les Amis De La Giraudière and jointly funded by The European Commission