English OALD HSLU 3. Sem.
Englisch 3. Semester HSLU
Englisch 3. Semester HSLU
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Lernkarten
the state in which market supply and demand balance each other and prices become stable
equilibrium
an organized occasion at which people gather together to watch or take part in something
event
the purchase and sale of a country's currency on the exchange market in order to influence its price
exchange market intervention
the value of one country's currency expressed in another country's currency
exchange rate
(to show) something interesting in a public place where people can go and look
exhibit
a public show of interesting things for people to go and see
exhibition
a direct expense that a business incurs in conducting an activity
explicit cost
commodities produced in one country are shipped to another country for sale or trade
exports
a consequence of an industrial or commercial activity that affects other parties without this being reflected in the cost
externalities
a place where labour, capital, and resources are purchased and sold
factor market
various resources such as labour, capital, and resources which contribute to the production of a product or service
factors of production
an event at which people who work in a particular industry meet, show and sell their products
fair
the chances that something has of being achieved
feasibility
information or statements of opinion about how successful or useful something is
feedback
currency that has been declared as legal tender, despite the fact that it has no intrinsic value and is not backed by reserves
fiat money
an organization that offers loans, sells financial products,...etc.
financial intermediary
a business organization
firm
an exchange rate under which a government or central bank ties an official exchange rate to another country's currency, or to gold
fixed exchange rate
an exchange rate where the currency is set by the foreign-exchange market through supply and demand
floating exchange rate
a small sheet of paper advertising something
flyer
(to make) projections about future performance
forecast
markets in which participants are able to buy, sell, exchange and speculate on currencies
foreign exchange market
deposits of a currency from another country held by a central bank
foreign exchange reserves
the unrestricted purchase and sale of goods and services between countries
free trade
a party that enjoys the benefits of society, but contributes little or nothing to the effort
free rider
an opportunity for a product or service that is not yet available
gap in the market
something that is provided to a customer without payment
giveaway
(to create) a set of people or things that are considered as a unit because they are similar in some way
group
a large sign used for advertising
hoarding
all of the people who live under one roof and who make joint financial decisions or are subject to others making decisions for them
household
(to make) an attempt to make people think something is good or important by talking about it a lot in the media
hype
a situation in which there is little or no competition in a market
imperfect competition
(to make available) a good or service brought into one country from another
import
the division of national income among households, social classes, or factors of production
income distribution
the decision by an individual of what to do or not to do
individual choice
a type of good for which demand declines as income or GDP increases
inferior good
the rate at which the level of prices for commodities is rising, and purchasing power is falling
inflation
a long commercial that contains a lot of information and fells like a normal TV programme
infomercial
(the use of) a new idea, method or invention
innovation
anything that is used in a production process
input
