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Wednesday, 31 May 2017

Business Enterprise Vocabulary

Business- Enterprise-A project that is difficult, complicated, or risky
Credit-Money you didn't have to start with
Profit-The money you earn
Loss-Your business made a ____ this year
Product -Your business sells a _______
Surplus- A tax based on the cost of the item purchased and collected directly from the buyer
Economy-The careful use of money
Budget-The amount of money you have
Advertising-It is often the subject of debate, relating to the alleged influence on children's consumption.
Consumer-Person who buys your product
Finance- money or other liquid resources of a government, business, group, or individual
Ethical-  following accepted rules of behavior
Investment-laying out money or capital in an enterprise with the expectation of profit
Interest-a diversion that occupies one's time and thoughts
Debtors- someone who owes money or an obligation to a creditor
Creditors-a person to whom money is owed by a debtor
Expenses-a loss, detriment, or embarrassment that results from some action or gain
Wages-a payment usually of money for labor or services usually according to contract
Salaries-fixed compensation paid regularly for services

Capital-the part of a financial system concerned with raising capital by dealing in shares, bonds, and other long-term investments.

1 comment:

  1. Sup Kieran, this is great work of explanations, its really deatiled! Maybe put it into easier words to understand.

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