Fair market value
The cost that a willing buyer and seller would agree upon for an item or service, free from outside interference.
Feedback
Information used to improve the performance or efficacy of a product, method, or service.
Financial planning
The process of developing a strategy to manage financial resources and accomplish financial objectives.
Financial statement
A document that details a company's financial condition, including assets, liabilities, and earnings.
Financing
The act of supplying the capital required to establish or run a business.
Firm
A permanent commercial entity that is engaged in a certain trade or specialty.
Fixed assets
Buildings and machinery are examples of physical assets that are employed in a business and are anticipated to last for a long period.
Fixed costs
Expenses that are required for the functioning of a firm but do not fluctuate in proportion to the number of goods or services produced.
Flexibility
Adaptability is the ability to modify or adjust in response to changing events or requirements.
Flow chart
A graphical depiction of the steps of a process or system.
Forecast
A forecast or forecast of future events or situations.
Foreign exchange
The conversion of one currency into another.
Franchise
A business agreement in which a corporation grants another party permission to use its brand and sell its products or services in a defined geographic region.
Fraud
A deliberate deceit committed for personal or financial advantage.
Free trade
The lack of tariffs or other trade obstacles between countries.