Miscellaneous / Intro to Business

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Can you name the Intro to Business ?

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

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