Miscellaneous / Intro to Business

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Can you name the Intro to Business ?

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

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