Business Words & Phrases

1. The rate at which the general level of prices for goods and services rises, eroding purchasing power.
5. A range of investments or products held by an individual or organization.
7. Venture A business arrangement in which two or more parties collaborate for mutual benefit.
9. Worth The total assets minus total liabilities of an individual or company.
12. The reduction in the value of an asset over time, often due to wear and tear.
14. A sum of money granted by the government or public body to assist an industry or business.
15. The debts and obligations owed by a business or individual.
17. The ongoing administrative expenses of a business which cannot be attributed to any specific activity.
18. An investment made to reduce the risk of adverse price movements in an asset.

2. A method of resolving disputes outside of court by neutral third parties.
3. A tax imposed on imported goods and services.
4. A measurable value that demonstrates how effectively a company is achieving its business objectives.
6. Assets pledged by a borrower to secure a loan or other credit, and subject to seizure if the borrower defaults.
8. To assume financial responsibility for a venture, typically by providing insurance or a guarantee in case of loss.
10. A measure used to evaluate the profitability of an investment.
11. A person or entity responsible for managing assets on behalf of someone else, especially with regard to financial matters.
13. The value of an owner's interest in a property or business, calculated by subtracting liabilities from assets.
16. The combination of two or more companies into a single entity.