English OALD HSLU 3. Sem.
Englisch 3. Semester HSLU
Englisch 3. Semester HSLU
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Cartes-fiches
the amount charged by a lender to a borrower for the use of assets
interest rate
changes in the stocks of finished goods and goods in process
inventory investment
a financial organization that performs a variety of services including underwriting, acts as an intermediary between an issuer of securities and the investing public, facilitates mergers and also acts as a broker for institutional clients
investment bank
money spent on capital goods, or goods used in the production of capital, and commodities
investment spending
a short simple tune used in commercials
jingle
a situation where the economy as a whole improves, but the unemployment rate remains high
jobless recovery
the total number of people employed or seeking employment in a country or region
labour force
the measurement of the amount of goods and services produced by one hour of labour
labour productivity
(an event) to celebrate or introduce a new product
launch
a printed piece of paper, usually free and containing advertising material or information
leaflet
a countries central bank that offers loans to banks or other eligible institutions that are experiencing financial difficulty or near collapse
lender of last resort
(to use) borrowed money to buy an investment or company stock
leverage
to give somebody formal permission to make, sell or use a product
licence
easily convertible to cash
liquid
a situation in which prevailing interest rates are low and savings rates are high, making monetary policy ineffective
liquidity trap
a sum of money given to a borrower and typically repaid with interest
loan
an official design or symbol used by a company to advertise its products
logo
the tendency for an individual to prefer avoiding losses rather than accruing gains
loss aversion
an article that is sold at a loss to attract customers
loss leader
a fixed amount of taxes assessed equally on all taxpayers regardless of their income level
lump-sum tax
the posting of advertisements or information that a company sends to many people at one time
mailshot
the additional satisfaction that a person receives from consuming an additional unit of a good or service
marginal benefit
the increase in cost that accompanies a unit increase in output
marginal cost
the proportion of a change in income that is spent on the consumption of goods and services, rather than being saved
marginal propensity to consume (MPC)
the situation where the quantity of a product demanded by consumers is not equal to the quantity supplied
market failure
(to make goods available to) people who might want to buy something, or a certain part of the world
market
the ability of a company to manipulate price by influencing an item's supply, demand or both
market power
a price that causes quantities supplied and demanded to be equal
market-clearing price
all the commercial activities involved in promoting, distributing and selling a product
marketing
the process in which a bank receives a deposit for one maturity period and lends the same amount for a different maturity period
maturity transformation
an instrument used to facilitate the sale, purchase or trade of goods between parties
medium of exchange
(to advertise) goods that people buy and sell
merchandise
products relating to a popular film, sports team, event, etc.
merchandising
the minimum amount of compensation an employee must receive for performing labor
minimum wage
a set of views that are based on the belief that inflation depends on how much money the government prints
monetarism
the actions of a central bank, currency board or other regulatory committee that dermine the size and rate of growth of the money supply, which in turn affects interest rates
monetary policy
the entire stock of currency and other liquid instruments in a country's economy at a particular time
money supply
a type of competition within an industry where: 1. All firms produce similar yet not perfectly substitutable products; all firms are able to enter the industry if the profits are attractive; all firms maximize their profit; and all firms have some market power, which means none are price takers
monopolistic competition
an estimation by which an amount of investment is multiplied to give the total increase of national income
multiplier
an investment that is made up of a pool of funds for the purpose of investing in securities
mutual fund
