BALANCE SHEETS: TERMS & NUMBERS
Basic terms used when dealing with balance sheets:


Some basic vocabulary related to numbers:
add : to put one number together with another [eg: 2 plus 2] - addition n.
billion : 1,000,000,000; one thousand million; 109
divide : 2 ÷ 2 [is expressed as] two divided by two - division n.
equal : to be the same as [eg: 2 + 2 equals 4]
figure : the symbol for a number or an amount expressed in numbers.
giga : one billion
hundred : 100; 102
kilo : one thousand - k, K abbr.
mega : one million - M abbr.
million : 1,000,000; one thousand.
minus : 2 - 2 [is expressed as] two minus two
multiply : 2 x 2 [is expressed as] two multiplied by two - multiplication n.
plus : 2 + 2 [is expressed as] two plus two
square : to multiply a number by the same number [eg: 3 squared = 9]
square root : number that multiplied by itself gives a certain number [3 is the square root of 9]
subtract : to deduct one number from another [eg: 2 minus 2] - subtraction n.
thousand : 1,000; 103
times : 2 x 2 [is expressed as] two times two - see multiply
to the power of : multiplication of a number by itself [eg: 2 to the power of 3 = 8]
trillion : 1,000,000,000,000; a million million; 1012
zero - 0; oh; nought
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