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Vocabulary Words

The document defines 10 vocabulary words related to business and finance including leverage, staffing, niche market, lien, collateral, recession, cold calling, deficit, subsidiary, and barter.

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Ellaiza Lopez
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27 views1 page

Vocabulary Words

The document defines 10 vocabulary words related to business and finance including leverage, staffing, niche market, lien, collateral, recession, cold calling, deficit, subsidiary, and barter.

Uploaded by

Ellaiza Lopez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

VOCABULARY WORDS

1. LEVERAGE – you borrowed money for financial purposes for purchasing assets.
2. STAFFING – choosing employees based on their skills.
3. NICHE MARKET – a small area of trade within the economy, often involves specialized
products.
4. LIEN – a legal claim that someone or something has on the property of another person until a
debt has been paid back.
5. COLLATERAL – property pledged by a borrower to protect the interests of the lender.
6. RECESSION – a stage of the business cycle in which economic activity is in slow decline.
7. COLD CALLING – a call from potential customers who have had no prior contact with the sales
representative conducting the call.
8. DEFICIT – an amount that is less than the amount that is needed.
9. SUBSIDIARY – a company controlled by another company which owns at least 50% if it’s
voting stock.
10. BARTER – is the exchange product and services from other products and services.

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