Business Vocab

3. refers to an enterprise's ability to pay short-term obligations
6. an amount of money spent
7. a sum of money paid regularly (typically annually) by a company to its shareholders out of its profits
8. evasion the illegal non-payment or underpayment of tax
10. duty a form of tax imposed on goods for their production, licensing and sale. (today, excise duty applies only on tobacco, petroleum and liquor)
11. capital the monetary value of the shares of stock a company actually offers for sale to investors
12. commodity a basic or necessary item of for example food
13. an irregular rising and falling in number or amount

1. refers to an enterprise's capacity to meet its long-term financial commitments
2. liability a legal status where a person's financial liability is limited to a fixed sum
4. an amount produced of an agricultural or industrial product
5. benefit money paid by the government to people who are ill, poor, or have no job
9. a mass or quantity of something that has gradually gathered or been acquired