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A bond is a fixed-income instrument that represents a loan made by an investor to a borrower typically corporate or governmental.

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Refers to several exchanges in which shares of publicly held companies are bought and sold. Such financial activities are conducted through formal exchanges and via over the counter (OTC) marketplaces that operate under a defined set of regulations.

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Real estate marketing is the practice of promoting a real estate business, agent, or their properties for sale.

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Is a period of economic decline characterized by falling GDP, employment, and investment.

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Are payments that individuals and businesses make to the government. They are used to fund government programs and services.

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General decrease in prices and an increase in the purchasing power of money. It is the opposite of inflation.

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General increase in prices and a decrease in the purchasing power of money. It is typically measured by the consumer price index (CPI)

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An economic activity is a process that, based on inputs, leads to the manufacture of a good or the provision of a service. The classification of activities divides economic activities into categories which, by aggregation, make it possible to define the sectors of activity (Agriculture, Industry, Construction, Trade, etc.).

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A line of credit that can be used to borrow money to make purchases, transfer balances and get cash advances, with the agreement that you'll pay back the money borrowed plus any interest you owe on it at a later date.

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The process of making or manufacturing goods and products from raw materials or components. In other words, production takes inputs and uses them to create an output which is fit for consumption – a good or product which has value to an end-user or customer.

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Is money or value that an individual or business entity receives in exchange for providing a good or service or through investing capital.

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Refers to a type of credit vehicle in which a sum of money is lent to another party in exchange for future repayment of the value or principal amount. In many cases, the lender also adds interest or finance charges to the principal value, which the borrower must repay in addition to the principal balance.

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A company is a legal entity formed by a group of individuals to engage in and operate a business enterprise in a commercial or industrial capacity.

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An interest rate is the percentage of an amount of money that is paid for its use over a period of time. The amount may be borrowed or lent, and the interest rate usually refers to the annual cost of borrowing.

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Are organizations that are responsible for the administration of a country.

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Banks are intermediaries between depositors (who lend money to the bank) and borrowers (to whom the bank lends money).

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Individuals or businesses that sell goods and services.

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Individuals or businesses that purchase goods and services.

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Is where buyers and sellers can meet to facilitate the exchange or transaction of goods and services. Markets can be physical, like a retail outlet, or virtual, like an e-retailer. Examples include illegal markets, auction markets, and financial markets.

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A complex system of interrelated production, consumption, and exchange activities that ultimately determines how resources are allocated among all the participants. The production, consumption, and distribution of goods and services combine to fulfill the needs of those living and operating within the economy.

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Are periods of economic expansion and contraction. They are caused by a variety of factors, including changes in consumer spending, business investment, and government policy.

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An expenditure is a purchase of services or goods. Everyone experiences expenditures in their day-to-day activities, like buying groceries.

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Are intangible goods that are produced for sale. It includes services such as healthcare, education, and transportation.

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Is a basic good used in commerce that is interchangeable with other goods of the same type. Commodities are most often used as inputs in the production of other goods or services.

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Is the ability to borrow money from a lender. It is typically granted to borrowers who are deemed to be creditworthy, meaning that they are likely to repay the loan.

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A commodity accepted by general consent as a medium of economic exchange

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Is a financial obligation that one party owes to another. It can be incurred by individuals, businesses, or governments.

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Is the amount of output produced by a given input. It is typically measured as the output per unit of labor or capital.

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Is a collapse in the global financial system that can have a significant impact on the global economy.

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                                     Transactions

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                                     Transactions

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A transaction is a completed agreement between a buyer and a seller to exchange goods, services, or financial assets in return for money. The term is also commonly used in corporate accounting. In business bookkeeping, this plain definition can get tricky. A transaction may be recorded by a company earlier or later depending on whether it uses accrual accounting or cash accounting.