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Vocab Lesson 30

Business

TermDefinition
Backlog Unfinished work
Barter To trade goods/services without exchanging money
Commerce The buying and selling of large amounts of merchandise
Franchise The rights to sell an established product
Franchise To grant someone else the right to sell a product
Inflation A rise in prices within the economy
Inventory Products in stock
Inventory To make a list of products
Merger The joining of two or more companies/organizations
Patron A regular customer
Patron A person giving financial support to a cause
Vendor A person/company that sells something
Monopoly Exclusive control
Created by: Droselli