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Chapter 19
Vocabulary
| Term | Definition |
|---|---|
| Consolidation | Solidification or strengthening |
| Rebate | To allow as a discount |
| Pool (in business terms, not a swimming pool) | a subterranean accumulation of oil or gas held in porous and permeable sedimentary rock |
| Assembly Line | a sequence of machines, tools, operations, workers, etc, in a factory, arranged so that at each stage a further process is carried out |
| Mass Production | the production or manufacture of goods in large quantities, especially by machinery. |
| Stock | a supply of goods kept on hand for sale to customers by a merchant, distributor, manufacturer, etc.; inventory. |
| Shareholder | a holder or owner of shares, especially in a company or corporation. |
| Trust (in terms of business) | confidence in the certainty of future payment for property or goods received; credit: to sell merchandise on trust. |
| Monopoly (in terms of business) | the exclusive possession or control of something. |
| Philanthropy | the activity of donating to such persons or purposes in this way: |
| Merger (in business terms) | any combination of two or more business enterprises into a single enterprise. |
| Sweatshop | a shop employing workers at low wages, for long hours, and under poor conditions. |
| Trade Union | a labor union of craftspeople or workers in related crafts, as distinguished from general workers or a union including all workers in an industry. |
| Strikebreaker | a person who takes part in breaking up a strike of workers, either by working or by furnishing workers. |
| Injunction | a judicial process or order requiring the person or persons to whom it is directed to do a particular act or to refrain from doing a particular act. |
Created by:
sarah.sligh1227
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