Commerce Glossary Terms

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Across
  1. 2. the extra money needed to pay back when borrowing
  2. 4. the giving up of something of value
  3. 7. a charge account operated by a trader
  4. 9. when the offeree agrees to the proposal
  5. 12. a legally binding agreement
  6. 16. to set right
  7. 18. any organisation that produces and sells goods and services in order to make a profit
  8. 19. a business that sells products directly to consumers
  9. 20. how much you make
  10. 22. the financial institution that provides cheque account facilities
Down
  1. 1. a written communication to order money
  2. 3. someone who purchases goods
  3. 5. a list of income and likely expenditures
  4. 6. any token with an agreed value that people accept as payment
  5. 8. the swapping or exchanging of one good or another
  6. 10. things that are necessary for survival
  7. 11. the person who is to receive the money from a cheque
  8. 13. a proposal
  9. 14. what remains after all expenses deducted from sales revenue
  10. 15. the amount of money a consumer is prepared to offer
  11. 17. electronic funds transfer at point of sale
  12. 21. the buying and selling of goods
  13. 22. the financial institution that provides account facilities