Economics & Finance | Françoise Clementi

professional fees

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A charge for services rendered. (source: http://www.investorwords.com/1922/fee.html)

professional perfile

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Set of competencies that a person must dominate to perform a given occupation.

professionalism

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The conduct, aims, or qualities that characterize or mark a profession or a professional person. (source: http://www.merriam-webster.com/dictionary/professionalism)

A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. (source: http://www.oxforddictionaries.com/definition/english/profit)

profit and loss statement

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A financial statement that summarizes the revenues, costs and expenses incurred during a specific period of time – usually a fiscal quarter or year. These

profit margin

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Profit margin = sales – cost of products. The ratio of profitability = net profits / sales.

privatization

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The process of transferring ownership of a business, enterprise, agency, public service or public property from the public sector (a government) to the private sector,

pro bono

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Pro bono publico (English: for the public good; usually shortened to pro bono) is a Latin phrase for professional work undertaken voluntarily and without payment