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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 |