L8 Flashcards
1
Q
competition
A
a contest with someone
2
Q
consumer
A
a person who purchases goods and services for personal use.
3
Q
efficiency
A
the state or quality of being efficient.
4
Q
monopoly
A
exclusive ownership or control
5
Q
mortgage
A
a loan on a house
6
Q
stockholder
A
someone who owns a small share of a company
7
Q
volatility
A
rapid changes
8
Q
yield
A
return for investment
