Resources
The entrepreneur glossary
All the tax, legal, technical and business terms you need to know. Explained simply.
B
- Bank aggregation
- Technique that centralizes accounts from multiple banks in a single interface via secure APIs (PSD2).
C
- Cashflow
- Difference between money coming in and going out of a business over a given period.
- CRM
- Customer Relationship Management: software that centralizes customer, prospect and sales data.
E
- E-invoicing
- Electronic invoicing — mandatory progressively in France for all VAT-liable businesses.
I
- IBAN
- International Bank Account Number — unique identifier of a bank account worldwide.
K
- KYC
- Know Your Customer — mandatory identity verification procedure for financial services.
M
- MCP
- Model Context Protocol — open standard that lets AI assistants connect to data sources and perform actions.
P
- P&L
- Profit and Loss statement showing income and expenses over a period.
- Pipeline
- Visual tracking of sales opportunities through their different stages.
- PSD2
- European Payment Services Directive 2 — opens access to banking data through secure APIs.
S
- SaaS
- Software as a Service — software accessed online on a subscription basis.
V
- VAT
- Value Added Tax — indirect consumption tax collected by businesses on behalf of the state.
W
- Webhook
- Automatic HTTP call sent by one service to another when an event occurs.