This glossary uses Visual Finance™ to bring financial terms to life. Each example shows data from the Round Number Company, a fictional business with simplified figures to make learning easier. For more details, visit 'How to Read Visual Finance'.
The Round Number Company is a fictional business we use to make financial concepts easy to see and understand. Our examples feature actual financial statements for the Round Number Company, with simplified figures to highlight key terms and calculations in our glossary. If you'd like to explore the financial statements of a real-world company, visit the Michelin page to see how these concepts apply to a global business.
The above is our generic explanations of common corporate financial terminology. Actual meanings can vary widely from company to company; in order to have the correct internal definition you need to ask your Finance Department, "What do you mean by that?"
term list.