Lesson 20

Question 1

Arbiter

Answer 1

A. A person chosen to judge or decide a disputed issue
B. A person who has the power to judge at will
NOUN

Question 2

Audit

Answer 2

A. To examine, verify, or correct the financial accounts of; VERB
B. An examination of records or financial accounts to check their accuracy; NOUN
C. To attend a course without requesting or receiving academic credit; VERB

Question 3

Cartel

Answer 3

A group of independent business organizations formed to control production, pricing, and marketing of goods; NOUN

Question 4

Collateral

Answer 4

A. Property that is pledged as security for a loan, so that if the loan is not repaid, the property is taken in its place; NOUN
B. Serving to support or corroborate; ADJ
C. Of a secondary nature; subordinate; ADJ

Question 5

Commodity

Answer 5

A. An item of trade or commerce, especially an agricultural or mining product
B. Something or someone valuable and useful
NOUN

Question 6

Conglomerate

Answer 6

A. A corporation made up of a number of companies that operate in different fields; NOUN
B. To form or gather into a mass or whole; VERB

Question 7

Liquidate

Answer 7

A. To settle a debt, claim, or other obligation by selling property or goods
B. To convert assets into cash
VERB

Question 8

Lucrative

Answer 8

Producing wealth; profitable; ADJ

Question 9

Security

Answer 9

A. A document showing ownership or something owed; a stock or bond;
B. Something deposited or given as assurance of the fulfillment of an obligation; a pledge; collateral
NOUN

Question 10

Accrue

Answer 10

To increase, accumulate, or come about as a result of growth; verb