1. Business & Finance

Glossary of Retailing Terminology - Index of A Terms

Learn more about the retail business by browsing this dictionary of retailing terminology. The following retail-related words on this page feature definitions of terms beginning with the letter A. For detailed descriptions, view the individual glossary entry page for each term.

Glossary Index: A | B | C | D | E | F | G| H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Acid-Test Ratio

A measurement of how well a business can meet its short-term financial obligations without selling any inventory.

Ad Slick

Ad slicks refers to the final, camera-ready advertisement. It gets its name from the glossy paper on which it is printed.

Add-On Sales

Add-on sales is the promotion of additional products or services to a customer at the time of purchase.

Anchor Store

A major retail store used to drive business to smaller retailers. These larger department stores or grocery stores are generally part of a retail chain and are the prominent business in a shopping mall.

Atmosphere

Atmosphere is the physical characteristics and surrounding influence of a retail store that is used to create an image in order to attract customers.

Average Inventory Cost

Average inventory cost is found by adding the beginning cost inventory for each month plus the ending cost inventory for the last month in the period. If calculating for a season, divide by 7. If calcualting for a year, divide by 13.

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