Lesson 8 Flashcards
1
Q
Competition
A
The activity or condition of competing.
2
Q
Consumer
A
A person who purchases goods and services for personal use.
3
Q
Efficiency
A
The state or quality of being efficient.
4
Q
Monopoly
A
The exclusive possession or control of the supply of or trade in a commodity or service.
5
Q
Mortgage
A
A conveyance of an interest in real property such as security for the repayment of money borrowed to buy your property.
6
Q
Stockholder
A
an owner of corporate stock.
7
Q
Volatility
A
Liability the change rapidly and unpredictably
8
Q
Yield
A
To Produce or provide.
