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English Vocab #6
| Term | Definition |
|---|---|
| Amalgamate | – V. – to join or merge together |
| Audit | – V. – to examine and verify accounts |
| Capital | – N. – assets contributed to a business venture |
| Collateral | – N. – property a borrower offers as a guarantee for a loan |
| Commodity | – N. – a product of trade or business |
| Conglomerate | – N. – a corporation including several different companies |
| Exemption | – N. – an amount of income excused from taxation |
| Facsimile | – N. – a precise copy |
| Fiscal | – ADJ. – concerning finances or the treasury |
| Incentive | – N. – something motivating one to act |
| Investment | – N. – funds contributed to a business enterprise with hope of financial gain |
| Lateral | – ADJ. – concerning, located at, or directed toward the side |
| Magnate | – N. – someone of influence and power, especially in industry |
| Opportune | – ADJ. – appropriate for a certain purpose or time |
| Prospectus | – N. – a forecast of future business development |
| Stipulation | – N. – a requirement specified in a legal document |
| Stringent | – ADJ. – strict or rigorous, especially regarding scarcity of money |
| Subordinate | – ADJ. – subject to another’s control |
| Subsidy | – N. – financial aid to a person or business by government |
| Tycoon | – N. – a wealthy, influential businessperson |