Vocab 25 Flashcards

(10 cards)

1
Q

Accrue

A

To increase or grow

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2
Q

Audit

A

To examine, verify, or correct, as financial accounts

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3
Q

Cartel

A

A combination of independent or government owned businesses formed to control the production and distribution of its members goods

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4
Q

Collateral

A

Property pledged by a borrower to secure a loan and to protect the interest of the lender

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5
Q

Commodity

A

An article of trade, such as an agricultural or mining product, that can be transported

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6
Q

Conglomerate

A

A corporation made up of a large number of separate companies operating in different industries

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7
Q

Liquidate

A

To settle the affairs by determining the liabilities and using the assets to discharge them

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8
Q

Lucrative

A

Profitable

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9
Q

Recompense

A

Payment made in return for something given or done

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10
Q

Security

A

Written evidence of ownership or creditorship, such as a stock or bond certificate

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