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A deception deliberately practiced in order to secure unfair or unlawful gain

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the crime of falsely making or altering a writing by which the legal rights or obligations of another person are apparently affected; simulated signing of another person's name to any such writing whether or not it is also the forger's name

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one who reveals wrongdoing within an organization to the public or to those in positions of authority

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an unacknowledged discriminatory barrier that prevents women and minorities from rising to positions of power or responsibility, as within a corporation

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the identification, evaluation and control of hazards associated with the work environment

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how a company integrated core values - such as honesty, trust, respect, and fairness - into its policies, and decision making

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considering the interests of others and how to business interacts with the social system at large

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rules of conduct

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principles of right and wrong

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an economic policy designed to maximize the exports and minimize the imports for an economy

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provide credit counseling to help people with serious financial problems

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the purchase may be repossessed (taken back)

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must sell all assets other than clothing, furniture, and personal items, and they cannot get credit for seven years

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a bank may take money from bank accounts to pay outstanding debts

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the financial institution may hire a collection agency to collect the overdue account

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something one party owes another

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a quantified assessment of the creditworthiness of a borrower in general terms or with respect to a financial obligation

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pay check from employer

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the income you have left to spend after you have taken care of all your financial commitments

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the money left over after all mandatory government deductions have been subtracted from your pay

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the after tax amount

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applied to gross income that are mandatory and applied to all workers in the country regardless of citizenship

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your total earnings before taxes or other deductions

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the total amount of money you deposit or borrow

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the amount of goods or services 1 unit of currency can purchase

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an increase in the general price level of goods and services in an economy

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the interest charge on borrowing that us calculated using an original principal amount only and an interest rate that never changes

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earn interest on the interest you've earned

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the money you set aside to cover future plans or unexpecteed expenses

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a long term investment plan where you keep the money in your investments for no less than three years

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a short term investment strategy to provide yourself with rewards sooner

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the revenue generated or money earned from the normal operations of a business

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the amount of money banks and other financial institutions pay you to use your money

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a specific rate of interest on your investment when the rate is higher for a long term fixed investment than it will be if you deposit your money in a savings account, which will allow you to withdraw your money at any time

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anything that is generally acceptable as payment for goods and services

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to obtain an asset with the goal of generating income or further value overtime

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if a business has greater expenses than revenue

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the difference between revenue and expenses

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the amounts of money paid out in order to produce the goods or services that earn revenue for the business

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the income received by the company

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the financial statement that reports a business' income and expenses for a fiscal period and it determines its net income or net loss

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the assets recorded in the order that they can be easily converted into cash

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the withdrawal of assets from the business by the owner for personal use

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the financial statement that is used to show the fundamental accounting equation

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the difference between the total assets and total liabilities of a business

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the debts owed by a business

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things of value owned by a business

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the gathering of financial information about the activities of a business or other organization and preparing this information in reports and summaries

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the arbitrary distribution of events or outcomes

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to bet a sum of money on the outcome of an event; hoping to win money through luck or chance

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undergoing an activity that has the potential to fail

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the tendency to response in a postive or negative way towards someone or something

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the ability to do something well, usually gained through experience and training

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a feature or quality that makes somebody or something recognizable

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the application of an invention to a new and different use

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the development of a new concept, idea, product, or process that has never existed or been tried.  e.g., computer, baking soda

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undertaking or pursuing opportunities to satisfy needs and wants through invention or innovation

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a plan designed to help an organization respond effectively to a significant incident or event in the future

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supervisor who controls and directs the personnel and tasks of an organization or department

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An entity made for the purpose of carrying on commercial interprise

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unincomperated business owned by one individual

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a contractrual relationship that allows the business owner to use the franchisor's brand and method of doing business to distribute goods and services to consumers

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a business entitity owned by its shareholders and is seperate and distinct from its owners

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International trade without the imposition of tariffs or other trade barriers to the movement of goods and services.

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The joining of countries to form one area where there is no barrier to free trade.

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A complete stop to the transfer of goods.

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A limit on the number of products in a category that can come into a country.

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Slows the entry of foreign goods by making them more expensive than domestic products.

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Cost, Insurance, and Freight. The exporter pays for the shipment.

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Free on Board. The importer has to pay the cost of transporting the goods.

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The value of one country's currency against the currencies of other countries.

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The country earns more from exports that it pays for imports.

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The country pays more for imports than it earns from exports.

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The relationship between a country's total imports and total exports.

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Goods and services bought from other countries.

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Goods and services sold to other countries.

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Originating within one's own country.

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A legal process whereby the government can claim a property because it is judged to be essential to the general welfare of the community

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The total GDP divided by the number of people in a country or region.

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The annual total value of final market goods produced and services provided in a country.

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The number of goods and services that the members of that country enjoy.

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A product container and any additional box, plastic covering, etc., that is provided by the manufacturer

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One of the promotion activities often used to draw attention to a particular product or service in an effort to promote sales, such as general-interest articles in newspapers or magazines; it is often not paid for directly by the marketer

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Incentives to entice consumers to buy particular products or services

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In advertising, the general term used to describe communication services e.g. television, radio, newspaper, and magazines

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The paid use of various types of media to try to convince consumers to by a particular product or service

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A person or company that sells directly to consumers

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A merchant who buys products in large quantities from one or more producers and resells them in smaller quantities to retailers, who then sell the goods to consumers

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Intermediaries whose major role is putting buyers and sellers in touch with one another and assisting with contractual arrangements and price negotiations, for which they receive a fee.

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The visual elements of a brand. It can be a logo or a symbol e.g. The four-colour window for Microsoft Windows

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The name that identifies the goods or services of one business e.g. Kleenex for disposable tissue

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A group of consumers the business wants to reach

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The series of activities required to provide a product or service to satisfy consumers' needs or wants and to convince consumers that this product or service is superior to others that are the same or similar.

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The gathering and analyzing of data to provide a business with information on consumers' needs and wants

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A business offers a product at a very low price to draw customers.  Once customers arrive they are told the product is sold out and are offered another product at a higher price.

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The practice of charging very low prices in order to reduce competition.

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An agreement between or among businesses to charge the same price for similar products rather than competing on price.

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Distortion of the truth about the goods being offered so that consumers are led to believe one thing through wording or promises, but something else turns out to be true.

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Making an untrue statement about a product or service.

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An economic system in which economic resources are privately owned and decisions about what to produce are made freely by individual owners.