Intro to Business

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Can you name the Intro to Business ?

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

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