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11th vocab lesson 20
lesson 20 business and finance
| business and finance | Definition |
|---|---|
| accrue | to increase, accumulate, or come about as a result of growth |
| arbiter | 1) a person chosen to judge or decide a disputed issue 2) a person who has the power to judge at will |
| audit | 1) to examine, verify, or correct the financial accounts of 2) to attend a course without requesting or receiving |
| cartel | a group of independent businesses formed to control production, pricing, and marketing of goods |
| collateral | 1) property taht is pledged as security for a loan if the loan is not repaid, the property is taken. 2) serving to support or corroborate 3) of a secondary nature; subordinate |
| commodity | 1) an item of trade or commerce, especially an agricultural or a mining product 2) something or someone valuable or useful |
| conglomerate | 1) a corporation made up of a number of companies that operate in different fields 2) to form or gather into a mass or whole |
| liquidate | 1) to settle a debt, claim, or other obligation by selling property or goods 2)to convert assets into cash |
| lucrative | producing wealth; profitable |
| security | 1) a document showing ownership or something owed; a stock or bond 2) something deposited or given as assurance of the fulfillment of an obligation; a pledge; collateral |
Created by:
EWebb
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