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Set of flashcards Details

Flashcards 250
Language English
Category English
Level University
Created / Updated 23.09.2016 / 17.01.2019
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accounting profit n

the ability of a country, company or region to produce a good or service more cheaply than another

absolute advantage n

The ability of a country, company or region to produce a good or service more eheaply than another.

 

 

ad

advert

advertisement n

a notice, picture or film that tries to persuade peopel to buy a product or service.n.

adopter n

a person who starts using new technology before or after most other people

advertise v

to tell the public about a product or service in oder to sell it

advertising n

the business of telling the public about a product or service in order to sell it. n.

agency n

a business that provides a particular service for other businesses or organizations

agent

a person who acts for or manages the affairs of other people in business

aggregate  v and n

The sum or total of multiple items

appreciation n

an increase in the value of an asset over time. n.

 

increase

Die Erhöhung

autarky n

economic self-sufficiency or independence

automatic stabilizers n

economic policies and programs that are designed to offset fluctuations in a nation's economic activity.

balance of payment also

current account

a record of all transactions made between one particular country and all other countries during a specified period of time

balance of trade

merchandise trade balance n

the difference between the money that a country receives from exports and that it spends on imports

bank reserves n

the amount of money equal to a percentage of the total deposits that banks must have a available for customers to take out.

bank run n

a situation when many people take their money out of a bank because they are afraid the bank will lose it or go out of business

barrier to entry n

the existence of higt start-up costs or other obstacles that prevent new competitors from easily entering an industry or area of business.

barter v

the direct exchange of goods and services for other goods and services of equivalent value

behaviour n

the way people act or react in a particular situation

bond n

a debt investment in which an investor loans money to a company or a government for a defined period of time at a fixed interest rate

brand n and v

a type of product made  by a particular company with a prticular name

branding  n

the practice of giving a company a particular design or symbol in order to become well-known

budget n

an estimation of the revenue and expenses over a future period of time

business cycle n

a period during which an economy moves from growth to recession an back to growth

call center n

a large office where people are employed to provide information to customers or advertise products by phone.

estimation n

Schätzung

campaign

a series of planned activities that try to achieve a particular resultat

captial flow n

The movement of money for investment, trade or business production.

capital n

money and property that an individual or company owns. n

cartel n

an organization created form a formal agreeement between a group of producers to regulate supply in order to regulate or manipulate prices.

catalogue n

a complete list of items that people can look at, use or  buy.

central bank n

the organization responsible for overseeing the monetary system for a nation (or group of nations)

to collude v

unerlaubt zusammenwirken

to agree or cooperate secretly for an illegal purpose

collusion n

an agreement between rivals that attempts to disrupt the market's equilibrium n

commercial bank n

a financial institution that provides normal services, such as accepting deposits, giving loans mortgage lending, and basic investement products as savings accounts.

loan n

Darlehen

commercial n

an advertisement on the radio or TV

commodity n

a substance or a good that can be traded in large quantities.

commodity

backed currency n

a currency which is issued based on the value of a physical commodity