Intro to Business

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Can you name the Intro to Business ?

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Giving up one thing for something else
Non profit bank for members only
Check for a future date
Amount of money available to spend
An IRA with no withdrawal tax that also grows tax free
The current chairman of the Federal Reserve System
Information on company issuing insurance.
Exchanges uncertainty of a possible large financial loss for a certain smaller payment
Card needed for ATM transactions
Record of completed transactions
Form that you need to fill out to prived information needed by a lender to make a decision on granting credit
Not having enough to satisfy everyones needs.
Person who purchases a good or service
Word, letter, or symbol associated with a company
Business dealings in the same state
Type of economy where resources are owned and controlled by people
Refers to the day to day financial activites associated with usign limited income to satisfy unlimited needs and wants
The interest rate available for the best customer
Privelage of using someone elses money for a period of time
The rivalry among businesses to sell goods and services
Contract issued by seller requiring peridoic payments
Suggests actions to reduce spending and credit difficulties.
Legal process of reducing or eliminating amount owed
Property used as security to recieve payment
Period marked by prolonged unemployment . GDP falls rapidly
An account at a credit union is called
Value of the next best alternate that you did NOT choose.
Reduces payments to a more manageable level
Part of a debt is payed each mont
Amount you pay to borrow your home
Items you have of value
Rate for a 6 month time deposit at savings institutions
Date at which the loan must be repaid
Activities consumed when they are purchased. Like a hair cut.
Risk that can result in loss of property
Loans on tangible objects like jewelery or valuable items
Risk in which you don't suffer financially
Things that are required in order to live. Examples include food, water, shelter.
Record of assets and liabilities at a certain point in time
People who not working, but are looking for and willing to work
Person who takes on the risk of financial loss
Period where most people are working and GDP increases.
Phase when unemployment decreases and GDP begins to rise
The money needed to produce a good or service.
Person who makes a good or service
Risk that can result in financial loss
Insurance for employees who cannot work
Reports net wages and other income along with spending for a period of time
Total dollar cost of credit plus interest
Represents debt for an orginization
Refers to the private ownership of resources by individuals rather than by the government. Businesses decide what to produce
Money earned after taxes
Assets minus liabilities equals this
Series of regular payments made to a retired worker under an orginized plan
Set of rules guiding actions of employees or members or a company
Full service bank
Risk where costs can be predicted
Cost of borrowing for large U.S. corporation
Output per person is called
Bank that loans to people and offers savings accounts. People are part owners.
This kind of endorsment requires only the endorsers signature
Number that compares prices now to a earlier year
Type of economy where resources are owned and controlled by the government
Represents ownership of a company
Principles of morality or rules of conduct
Things that you can see and touch and buy.
Insures your money if the bank goes out of business
The amount the government owes
Gives right to make sell and use a product for 17 years
Money order where money goes to various orginizations
Can be thought of as a possibility of a loss
Transfer check to someone else uses this type of endorsment
Checks that may not have been payed yet
Tax that comes out of the paycheck
Insurance for property damage resulting from theft, fire, natural disaster
Company recieves goods and pays later
Things that add comfort and pleasure to life. Examples include a big house or nice car.
Refers to salaries and wages of a person
An agreement to exchange goods or services for some kind of value
Amount of money insurance company pays to a person who has previously deposited money with the company
Agent who has access to many types of insurance
Requires prompt correction of credit mistakes
Risk with a chance to gain or lose
Orders a company to pay an amount to another company
First credit protection law
Type of economy that combines elements or both command and market economies.
Expense that changes monthly(heating bill)
Protects creative work of author, composer, artist during life and fifty years after death
Purely tangible property with no physical characteristics
Lend money to consumers looking to buy a home
Company that gathers information on credit users
Interest rate for short U.S. government obligations
Payment needed to keep insurance
Type of economy where goods and services are produced in a way that has already been done.
Quantity of goods or services that consumers are willing to buy
Which country consumes and produces more goods than any other.
Quantity of goods or services that a business can provide
Smaller bank that specializes in saving and home mortgage savings or loans.
Life insurance of an employee
This association regulates credit unions
Amount of loan
An IRA for people who are self employed
The means through which goods and services are produced
Expense that occures regularly(car payment)
Refers to the illegal use of intellectual property like a patent or trademark
Governments use of bonds through citizens to make money
Policyholder's request for payment from a loss
Money you get from working(salary)
Interest rate for a long(20 year) period of time for U.S. governmet obligations
Allows you to meet your personal goals with a system of saving and wise spending
Interest rate that financial institutions are charged
Insured person or company buying a policy
Limits use of a chekc for given purpose
Person who buys insurance
A person who uses resources in an entirely new way in order to create a business
Uncommon risk where it is impossible to predict the amount of loss
Risk that relates to harm or injury to other people while on your property
The duty of a business to contribute to the well being of the community
Bank has guaranteed payment for a check
Total dollar value of all the final goods and services produced in a country in one year.
Document shows how bank statement and checkbook register are brought together
The sales of durable and non-durable goods bought by consumers
The production output for a worker or business,
Compares spending to budget
Checks used if you don't have enough money
Businesses dealing with more than one state
Period where demand decreases and unemployment rises. GDP decreases.
Rules about how businesses and their employees should behave
An orginization that supplies a service or product vital to all people
Allows consumers to know the infor credit bureaus give out
Retirement plan where employee and employers put in money. It can be withdrawn at 59 1/2 years and grows tax free.
Government spending makes up ____% of all spending
Gengeral decrease in prices. Usually occurs during depression or recession
Risk that can result in loss of health.
The point where supply and demand are equal
Written promise to repay based on excellent credit history
Movement of the economy from on condition to another and back up again
Money order where money goes to specific business or person
Risk with no chance of gain
Report that summarizes your current financial condition, acknowledges you financial needs, and sets a direction for your future.
General increase in prices
Form of income protection. Money goes to retired workers.
Amounts you owe others

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Created Jan 13, 2011ReportNominate
Tags:Nintendo, business, intro, term