Economics

4. an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products.
6. an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition.
7. the exclusive possession or control of the supply or trade in a commodity or service.
11. the situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent and the market price of a commodity is beyond the control of individual buyers and sellers.
12. an extra benefit supplementing an employee's salary, for example, a company car, subsidized meals, health insurance, etc.
13. a thing used to tie something or to fasten things together
14. Such companies have offices and/or factories in different countries and usually have a centralized head office where they coordinate global management.
16. limit commercial use of land in order to prevent oil, manufacturing or other types of businesses from building in residential neighborhoods.
17. a state of limited competition, in which a market is shared by a small number of producers or sellers
18. a sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits (or reserves).
20. the state of being responsible for something, especially by law.

1. a sum of money paid to a patentee for the use of a patent or to an author or composer for each copy of a book sold or for each public performance of a work.
2. Something you own
3. a government authority or license conferring a right or title for a set period, especially the sole right to exclude others from making, using, or selling an invention.
5. secret or illegal cooperation or conspiracy, especially in order to cheat or deceive others
8. the maintaining of prices at a certain level by agreement between competing sellers
9. the simplest business form under which one can operate a business.
10. the action or process of differentiating.
15. a raw material or primary agricultural product that can be bought and sold, such as copper or coffee.
19. the goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution