Glossary

­­­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

Binary optics

Microoptical systems produced using a combination of microelectronics and precision optics technology. Numerous optical elements such as microgratings or microlenses can be integrated into binary optics components. The semiconductor industry uses binary optics components to help monitor and optimize the optical properties of imaging systems during the production process.

Book-to-bill ratio

Order intake to sales for a fiscal year. A ratio of over 1.00 indicates that order intake surpassed sales for the fiscal year, likely leading to an increase in order backlog. This is usually also a good indicator of a future rise in sales.

Borrowed capital

Capital that a company receives as a credit to finance fixed and current assets.