Business Vocab

4. put (a decision, plan, agreement, etc.) into effect
6. the action or process of formally joining or being accepted by an institution or group
7. a mass or quantity of something that has gradually gathered or been acquired
9. money paid by the government to people who are ill, poor, or have no job
10. a form of tax imposed on goods for their production, licensing and sale. (today, excise duty applies only on tobacco, petroleum and liquor)
11. having power or influence that transcends national boundaries or governments
13. a sum of money paid regularly (typically annually) by a company to its shareholders out of its profits
14. the illegal non-payment or underpayment of tax
15. an irregular rising and falling in number or amount
16. an amount produced of an agricultural or industrial product

1. refers to an enterprise's capacity to meet its long-term financial commitments
2. following each other continuously
3. a basic or necessary item of for example food
5. the act of coming together from different directions and especially moving toward union or uniformity
8. an amount of money spent
12. refers to an enterprise's ability to pay short-term obligations