Intro to Business

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Can you name the Intro to Business ?

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

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