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Key terms and concepts

Term
Definition
Archive files
Records retained because of their research or historical value
Collate
To put together (a document) by sorting its pages into correct order
Computerised filing system
Storage of data using computers eg back up copies of correspondence, database files
Confidentiality
Maintaining privacy and/or security of information
Creditor
One to whom money is owed
Dead files
A file which is closed but which must be kept for a specific period of time, usually as a legal requirement eg financial records
Debtor
One who owes money
Dispatch
To send off eg dispatching the mail
Electronic filing system
Electronic storage of data using computers or magnetic tape eg CD Rom or microfiche
Filing system
A means of storing and providing easy access to business information
Forecasts
Predictions
Inactive files
Files that contain information that is no longer used but which might be used in the future
Modify Information
Make changes to, or alter, information eg update, reformat, add or delete information
Insurance
A safeguard against risk or harm
Invoice
An itemised bill or account
Manual filing system
A paper-based filing system containing for example letters, forms, contracts, journals
Meeting minutes
An official written record of what took place at a meeting
Personnel
Staff or employees
Reference and index systems
A means of locating files within the filing system eg a card index of file names, a database of file numbers, a paper index of keywords
Relocation (of files)
Moving files to another location usually to make the filing system more efficient
Sales records
Records of sales transactions eg sales reports, invoices, budgets and forecasts
Secondary storage
An alternate or backup location of a file
Security of information
Maintenance of strict confidentiality of information ensured by appropriate handling and storage of sensitive information
Supplier
Provider of goods or services
Targets
Goals to be reached
Time frame
A specified amount of time within which an action is to be completed
Update
To bring up to date

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