Lesson 8 Flashcards
1
Q
The condition of competing, An event in which people compete.
A
Competition
2
Q
A person who purchases goods and services for personal use, A thing that eats or uses something.
A
Consumer
3
Q
The state or quality of being efficient.
A
Efficiency
4
Q
The exclusive possession or control of the supply of or trade in a service, A board game.
A
Monopoly
5
Q
A legal agreement by which a bank lends money at interest for exchange for taking title of the debtor’s property, Convey to a creditor as security on a loan.
A
Mortgage
6
Q
A shareholder
A
Stockholder
7
Q
Liability to change rapidly for the worse, Tendency of a substance to evaporate at normal temperatures.
A
Volatility
8
Q
Give way to arguments, The full amount of a product.
A
Yield