week 3/20 - 3/24 Flashcards
amalgamate
to join or merge together
audit
to check the accuracy of financial accounts and records
capital
assets contributed to a business venture; investments
collateral
a item of value pledged for the repayment of a loan
commodity
a product of trade or business
conglomerate
a corporation including several different companies
exemption
an amount of income freed from taxation
facsimile
a precise amount
fiscal
involving financial matters
incentive
a reason for doing something; something that stimulates action
investment
the action of investing money for financial gain
lateral
away from the midline; at the side
magnate
a powerful or influential person
opportune
occurring at an appropriate time
prospectus
an investment report to potential business investors