English (506)

Question 1

Economy

Answer 1

The relationship between production, trade, and money supply in a particular country or region.

Question 2

Revenue

Answer 2

Money a company or an organization makes from doing business.

Question 3

Profit

Answer 3

The amount of money a company
makes after cost
Profit = Revenue - Cost

Question 4

Liability

Answer 4

The amount of money that a person or company owes.

Question 5

Inflation

Answer 5

A fall in the value of money and a general increase in prices.

Question 6

Deflation

Answer 6

A fall in the prices of goods and services and an increase in the value of money.

Question 7

Depreciation

Answer 7

A decrease in the value of an asset over a period of time.

Question 8

Budget

Answer 8

The money that is available to a person or an organization and a plan of how it will be spent over a period of time.

Question 9

Boom

Answer 9

A sudden increase in trade and economic activity; a period of wealth and success.

Question 10

Slump

Answer 10

A sudden fall in price or value by a large amount.

Question 11

Barter

Answer 11

The system of exchanging goods, property, services, etc. for other goods without using money.

Question 12

Audit

Answer 12

An official examination of a business and financial records to see that they are true and correct.

Question 13

GDP

Answer 13

The total value of all the goods and services produced by a country in one year.

Question 14

Assets

Answer 14

Everything of value that a person or company owns.

Question 15

Principal

Answer 15

Financial term referring to the sum of money lent or invested on which interest is paid.

Question 16

Capital

Answer 16

Wealth or property that is owned by a business or a person and can be invested or used to start a business.

Question 17

Shares

Answer 17

Any of the units of equal value into which a company is divided that are sold to raise money.

Question 18

Shareholder

Answer 18

An owner of shares in a company or business who receives part of the company’s profits.

Question 19

Stock

Answer 19

The value of the shares in a company that has been sold.

Question 20

Bull market

Answer 20

A period in the stock market in which share prices are rising.

Question 21

Bear market

Answer 21

A period in the stock market in which prices are falling.

Question 22

Dividends

Answer 22

An amount of the profits that a company pays to people who own shares in the company.

Question 23

Bonds

Answer 23

A legal agreement by a government or a company to pay you interest on the money you have loaned to them.

Question 24

Entrepreneur

Answer 24

A person who makes money by starting or running businesses, especially when this involves taking financial risks.