Global textual customization options

A dedicated page or section in the store's back-end to change certain e-commerce related terms, such as "Cart" for example, would be nice. Some stores prefer to use different terms. To stay with the cart example, you may find stores prefer "Basket". In my own language "Winkelwagen", "Winkelwagentje", "Mand", "Winkelmandje" are used.

There's probably more terms like that which could be globally managed.