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Vocabulary Lesson 30
Business
Term | Definition |
---|---|
Backlog | Unfinished work |
Barter | To trade goods/services without exchanging money |
Commerce | The buying and selling of large amounts of merchandise |
Franchise (A) | The rights to sell an established product |
Franchise (B) | To grant someone else the right to sell a product |
Inflation | A rise in prices within the economy |
Inventory (A) | Products in stock |
Inventory (A) | To make a list of products |
Merger | The joining of two or more companies/organizations |
Monopoly | Exclusive control |
Patron (A) | A regular customer |
Patron (B) | A person giving financial support to a cause |
Vendor | A person/company that sells something |