All graduate film students at TNUA are responsible for knowing the definitions of certain film business terms. You can review the definitions of these vital business terms by following this link (if the file doesn't open automatically, you can use Acrobat Reader to open the file).
Also, if you are considering being a film producer or a writer or director in the Hollywood system, you should take a look at the MPAA's 2014 Theatrical Market Statistics report.
Understanding how Hollywood makes money, and the language that is used in Hollywood to describe the flow of money, is a part of being a well-rounded filmmaker.
The rest of this assignment is optional - and only matters if you plan on making money as a filmmaker...
For those of you interested in how the key film business terms are used - and how understanding these terms can mean the difference between getting rich and getting robbed in Hollywood - here are three posts about Hollywood studio accounting and revenue streams. These posts are examples (from recent history) about how Hollywood makes and spends money (the filmmaker's money?) to make more money:
Finally, I am somewhat reluctantly including a very detailed look at the language of "studio accounting." This final post is a lawyer's explanation of some of the most mysterious language that is used in big Hollywood film deals. Don't be discouraged if this is confusing. If you understand these terms at this level, there is probably a job already waiting for you at a studio: