Master 359 Business Vocabulary Terms & Abbreviations: From Burn Rate to WACC
Study guide to the 359-card Business Vocabulary & Abbreviations deck: startup, finance, legal and market terms plus 130 acronyms, with a 3-week flashcard plan.
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FLIP IT TeamBusiness English has two layers: the concepts everyone in a meeting is expected to know (burn rate, EBITDA, force majeure) and the alphabet soup nobody explains (WACC, TAM, QoQ, COB). Deck RU6336 — Business Vocabulary & Abbreviations on Flip It covers both in 359 flashcards: about 230 one-sentence concept definitions, then about 130 acronyms.
Study this deck: Business Vocabulary & Abbreviations
1 / 10Synergy
Tap the card for the answer · swipe right if you knew it, left if not
What the 359 cards actually cover
The deck runs through business life in thematic blocks, in this order:
- Startup & funding: synergy, leverage, scalability, pivot, burn rate, runway, unicorn, bootstrapping, angel investor, venture capital, valuation, equity dilution, vesting, stock options
- Accounting & finance: EBITDA, gross vs net margin, break-even point, working capital, depreciation vs amortization, CapEx vs OpEx, COGS, inventory turnover, goodwill, write-off, write-down, impairment, accrual vs cash accounting, GAAP, 10-K
- Strategy & marketing: SWOT, vertical vs horizontal integration, economies of scale, USP, positioning, brand equity, CLV, CAC, churn, funnel, upselling vs cross-selling, loss leader, penetration pricing, freemium, white label
- Deals & governance: NDA, non-compete, golden parachute, hostile takeover, LBO, IPO, spin-off, divestiture, Chapter 7 vs Chapter 11, fiduciary duty, insider trading, proxy vote, AGM
- HR & law: attrition, onboarding, succession planning, 360-degree feedback, PIP, at-will employment, constructive dismissal, arbitration vs mediation, indemnity, SLA, boilerplate, force majeure
- Markets & economics: prime rate, APR, bull vs bear market, dollar-cost averaging, index fund vs ETF, P/E ratio, EPS, bid-ask spread, antitrust, oligopoly, tariff vs quota vs embargo, GDP vs GNP, CPI, fiscal vs monetary policy, quantitative easing
- Abbreviations: C-suite titles, ROE, ROA, NPV, IRR, WACC, FTE, RFP, RFQ, TAM/SAM/SOM, MRR, ARR, NPS, OKR, CTR, CPC, ESG, OSHA, entity forms (LLC, Ltd., PLC, GmbH, S.A., AG), US tax items (EIN, W2, 401(k), IRA)
Ten cards worth memorizing first
| Front | Back |
|---|---|
| Burn rate | The rate at which a company spends its cash reserves before generating positive cash flow |
| Runway | The amount of time a company can operate before running out of money at current burn rate |
| Working capital | Current assets minus current liabilities, indicating short-term financial health |
| Quick ratio | Liquidity ratio measuring ability to meet short-term obligations with most liquid assets |
| Impairment | Permanent reduction in the value of an asset when its market value falls below book value |
| Loss leader | A product sold at a loss to attract customers who will buy other profitable items |
| Golden parachute | Substantial benefits guaranteed to executives if the company is taken over and they are terminated |
| Constructive dismissal | When an employee resigns due to employer's conduct that makes working conditions intolerable |
| Force majeure | Unforeseeable circumstances preventing someone from fulfilling a contract (act of God) |
| WACC | Weighted Average Cost of Capital |
A study plan built on the deck's structure
Week 1 — concepts in pairs. Many cards only make sense against their opposite: accounts receivable / payable, CapEx / OpEx, fixed / variable cost, write-off / write-down, offshoring / nearshoring / reshoring, market / limit / stop-loss order. When one comes up, say the other before flipping.
Week 2 — the numbers. Isolate the ratio cards (gross margin, net margin, current ratio, quick ratio, debt-to-equity, P/E, EPS, ROI) and write the formula next to each definition, the way the deck does for ROI: (gain − cost) / cost.
Week 3 — acronyms by family. Never learn 130 abbreviations as a flat list. Group them: money metrics (CAC, LTV, ARPU, MRR, ARR), ad metrics (CTR, CPC, CPM, CPA, CVR), market sizing (TAM, SAM, SOM), calendar shorthand (YTD, QoQ, YoY, EOD, COB), entity types by country (GmbH Germany, S.A. France/Spain, AG Germany/Switzerland, PLC UK).
Two tips specific to this deck
- Use the near-duplicates as tests. The deck has both Capital expenditure (CapEx) and CAPEX, Customer acquisition cost (CAC) and CAC, Service level agreement (SLA) and SLA. When only the acronym shows, recite the full definition: that is your retrieval check.
- Anchor the legal cards in one scenario. Chapter 7 vs Chapter 11, arbitration vs mediation, secured vs unsecured debt are easy to swap. Narrate one imaginary company: it defaults, the collateral is seized, it files Chapter 11 and restructures. Story beats definition.
Where to find it
Log in at flip-it.app and search the library for deck code RU6336 (Business Vocabulary & Abbreviations). If the accounting block is the hard part, the accounting essentials study guide goes deeper on GAAP, IFRS and auditing.
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