A period of leave which is granted to an employee, sometimes up to a year, in order for them to study, travel, rest, etc.

To deliberately destroy or damage property, tools, or machinery in order to hinder production. To cause an obstruction to something in order to make it unsuccessful.

Also called Buffer Stock. Extra stock kept by a company or business in case of extra demand or late deliveries of new stock.

The process of carrying out small actions or removing something in very small amounts so that it goes unnoticed, i.e., stealing money.

An employees wages which are paid on a regular basis for performing their job.

An arrangement in which property, machinery, etc., is sold to a business or individual, who then immediately leases it back to the seller.

An agreement in which unsold goods can be returned to the supplier without the goods having to be paid for.

The business of promoting and selling a company’s products or services. The department of a business which carries our these activities.

A meeting at which members of a company’s sales team(s) are brought together to discuss or review ways of marketing the company’s products or services.

Also known as Accounts Receivable. A company’s record of transactions for goods and/or services which have been provided to a customer, and for which money is still owed.