Business Vocabulary

4. the amount of money left over after expenses are taken out
7. the people or companies engaged in a particular kind of commercial enterprise
11. wealth in the form of money or property owned by a person or business and human resources of economic value
12. the office that serves as the administrative center of an enterprise
16. the price paid for the use of borrowed money
20. the point in time at which something must be completed
23. An amount of money given to the borrower for a set period of time. After the set time has passed, the money must be paid back plus the lending fee, called interest. Payments are normally made over a series of months.
24. leave (a job, post, post, or position) voluntarily
27. act of raising in rank or position
28. putting money into something in order to make a profit
29. involves working at home usually on a computer
31. the world of commercial activity where goods and services are bought and sold
32. department the division of a business that is responsible for selling products or services
33. a show or display
34. to do more than one thing at the same time
36. finding new people to join an organization
37. the goal intended to be attained (and which is believed to be attainable)

1. arrangement for deferred payment for goods and services
2. the activity of providing goods and service
3. a binding agreement between two or more persons that is enforceable by law
5. One of four equal parts into which anything is or may be divided.
6. a person involved in legal proceedings
8. an amount owed by a business
9. promoting, selling and distributing a product or service
10. someone who holds shares of stock in a corporation
13. a person who organizes, manages, and takes on the risks of a business
14. a summary of intended expenditures along with proposals for how to meet them
15. an additional payment to employees as a means of increasing output
17. staff, employees, work force
18. those in charge of running a business
19. the right to take another's property if an obligation is not discharged
21. anything of value that is owned
22. a formally arranged gathering
25. a planned reduction in the number of employees needed in a firm in order to reduce costs and make the business more efficient
26. contracting out selected functions or activities of an organization to other organizations that can do the work more cost efficiently
30. the process of converting something that once was free into a product that is sold
35. a formally registered symbol identifying the manufacturer or distributor of a product