Business Vocab
Across
- 1. the power of an agent to act on behalf of a principal even though not expressively or impliedly granted
- 3. bring goods or services into a country from abroad for sale
- 7. a card that allows you to purchase goods or services on credit
- 9. belonging or relating to a place of learning
- 11. North American free trade agreement
- 13. the exchange of goods and services between countries
- 14. a fixed share of something that a person or group is entitled to receive or is bound to distribute
- 15. characterized by honesty, fairness and equity/good behavior
- 17. the body of rules governing the dealings between persons in commercial matters
- 18. the exchange of domestic goods within the boundaries of a country
- 20. the quality of being suitable for paid work
- 21. the management of large amounts of money
- 22. the difference in value between a country's imports and exports
- 23. an exchange of promises in which terms between the parties are bound either orally or written
- 31. a form of loan that is paid off over an extended period of time greater than 3 years
- 32. a limited quantity of a particular product that can be produced, exported, or imported
- 33. Bloc a type pf intergovernmentalagreement
- 35. a relationship in which 1 individual owes another fiduciary duty to act in the others interest
- 36. an interest rate, calculates the percentages of the principal you'll pay each year
- 37. loans with little to no collateral that are repaid in a year or less
- 38. legally binding written agreements between 2 or more business parties
- 39. an official ban on trade with a particular country
Down
- 2. the competence or skill expected of a professional
- 4. the amount by which the cost of a country's imports exceeds the value of its imports
- 5. the practice of shielding a country's domestic industry from foreign competition by taxing imports
- 6. countries around the world exchanging goods with each other
- 8. the collection of laws and regulations pertaining to air and water quality and wild life
- 10. the global organization dealing with the rules of trade, WTO
- 12. run between1-3 years and paid in monthly installments from a company's cash flow
- 16. the body of law that regulates the operation and procedures of government agencies
- 19. a work or invention that's the result of creativity
- 24. an agreement refers to an arrangement in which one entity legally appoints another to act on its behalf
- 25. a yearly charge by banks and financial institutions to customers for use of their credit card
- 26. the process of finding solutions to difficult or complex issues
- 27. sending goods or services to another country for sale
- 28. in proportion to the estimated value the goods or transaction concerned
- 29. international trade left to its natural course without tariffs, quotas, or other restrictions
- 30. a tax or duty to be paid on a particular class of imports or exports
- 34. general agreement on tariffs and trade