Commerce Revision Vocabulary

5. the amount of money to be paid to receive insurance cover
9. a central fund
11. a tax on the profits arising from the increased value of assets such as shares or property ethical acceptable to society’s current standards
12. usually one week’s rent that will reserve the premises for a person while their application for tenancy is being considered
13. People who are either employed or unemployed
14. Very safe and secure shares
16. It is used to cover any damages or cleaning costs if the rented premises are left in an unsatisfactory condition.
17. A promise to repair any defects that are in a product

1. A part ownership of a public company
2. Proportion of normal full-time benefits related to the hours worked
3. extra pay to compensate casual employees for lack of access to entitlements
4. interest rate that remains the same for the period of the loan
6. when a third party helps those involved in a dispute to reach a solution acceptable to both sides
7. The things that an insurance policy will not specifically cover
8. Part of a firm’s profit that is divided among shareholders
10. A person who works for a wage or salary
15. the person who owns the premises being rented