Glossary+of+Commerce,+Finance+and+Shipping


 * Glossary of Commerce, Finance and Shipping** 

|| **//__ Definition __//** ||  || **The money used in a country (e.g. euro, dollars ) **
 *  **//__ Words __//**
 * **C ****urrency **

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 * ** Bank deposits ** || ** Money that people and organisation have a bank ** ||
 * ** Salary ** || **Money paid monthly by an a employer **

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 * ** Wage ** || **Money paid by the day or the hour, usually received weekly **

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 * ** Overtime ** || **Money received for working extra hours **

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 * ** Commission ** || **Money paid to salespeople and agents – a certain percentage of the income the employee generates **

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 * ** Bonus ** || **Extra money given for meeting a target or for good financial results **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * ** Fees ** || **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Money paid to professional people such as lawyers and architects **

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 * ** Social security ** || **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Money paid by the goverment to unmployed and sick people **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">P ****<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">ension **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Money paid by a company or the government to a retired person **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * **<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Living expenses **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Money spent on everyday needs such as food, clothes and public transport **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * **<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Bills **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Requests for the payment of money owed for services such as electricity, gas and telephone connections **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">R ****<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">ent **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">The money paid for the use of a house or flat **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">M ****<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">ortgage **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Repayments of money borrowed to buy a house or flat **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * **<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Health insurance **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Financial protection against medical expenses for sickness or accidental injuries. **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">T ****<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">ax **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Money paid to finance government spending **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">R ****<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">evenue **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">All the money coming into a company during a given period **

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 * **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">S ****<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">hareholders **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">The people who invest money in shares **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| <span style="font-size: 14pt; color: black; font-family: 'Century Schoolbook'; mso-bidi-font-family: Arial;"> <span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;"><span style="font-size: 10pt; color: #92d050; line-height: 115%; font-family: 'Comic Sans MS'; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">**personal finance**

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 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial;">All the money a person receives or earns as payment is his or her income **<span style="font-size: 10pt; color: #92d050; line-height: 115%; mso-ansi-language: EN-US; mso-bidi-font-family: Arial;">

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 * **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">D ****<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">ebt **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Money that is owed that will have to be paid to other people or business **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * **<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Dividend **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">(A part of) the profit of a company that is paid to the people who own shares in it **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">F ****<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">inancial statement **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Companies gives information about their financial situation **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * **<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Balance sheet **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Statements for shareholders and creditors **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * **<span style="font-size: 14pt; color: #92d050; font-family: Calibri; msoansilanguage: EN-US; msobidifontfamily: Arial; msofareastfontfamily: 'Times New Roman'; msofareastlanguage: EL; msoasciifontfamily: Calibri; msohansifontfamily: Calibri;">Budget ** || **<span style="font-size: 14pt; color: #92d050; font-family: Calibri; msoansilanguage: EN-US; msobidifontfamily: Arial; msofareastfontfamily: 'Times New Roman'; msofareastlanguage: EL; msoasciifontfamily: Calibri; msohansifontfamily: Calibri;">Plan to show how much money a person or organization will earn and how much they will need or be able to spend ** ||
 * **<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">B ****<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">r ****<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">and Name **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Something valuable which a company possesses which is not material, such as a good reputation **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * **<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Share Premium **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Money made if the company sells shares at above their face value **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * **<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Accrued Expenses **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Expenses that have accumulated or built up during the accounting year but will not be paid until the following year, after the date of the balance sheet **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

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 * **<span style="font-size: 14pt; color: #92d050; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">Trade Mark **<span style="font-size: 14pt; color: #92d050; font-family: 'Arial','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EL;">

|| **<span style="font-size: 14pt; color: #92d050; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-font-family: Calibri; mso-fareast-font-family: 'Times New Roman'; mso-hansi-font-family: Calibri; mso-fareast-language: EL;">A name or symbol that is put on a product to show that is made by a particular producer and which cannot legally used by any other producer ** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Is spending cash, for the business’s future growth, including cash acquired by selling assets** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Involves raising money by issuing stocks and bonds** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**To make or become larger in amount, number, or degree** || || ** <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">Become less in size, amount, strength, or quality   ** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**The lowest part of something** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Change continually or frequently** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Countries that export a lot of oil or manufactured goods tend to have a positive** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**A limit to the quantity of goods that can be imported** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**The import and export of goods** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**A country exporting more than it imports has a trade** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**A country that imports more goods than exports** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**The import and export of goods** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Attempting to reduce imports in favour of local production** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**People and companies should be able to buy goods from all countries** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Are goods or services from a foreign country** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">**Contains details of the goods e.g. quantity, weight** ||
 * **<span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">Operations ** || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;"> <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Means making money by selling goods and services** ||
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-US; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Investing**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Financing**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Increase**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Decrease**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Bottom**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Fluctuate**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Balance of trade**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Quota**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Visible trade**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Surplus**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Deficit**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Visible trade**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Protectionism**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Free trade**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Imports**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Exports** || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: 'Times New Roman'; mso-hansi-theme-font: minor-latin; mso-fareast-language: EL; mso-bidi-language: AR-SA;">**Are goods or services sold to a foreign country** ||
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">**Commercial invoice**
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">**Ex Works**

|| <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">**Means that the buyer collects the goods at the seller’s own premises** || || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">**Means that the seller pays for loading the goods onto the ship** ||
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">**Free Carrier** || <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">**Means that the goods to a named place where the carrier can load them onto a truck, train or aeroplane** ||
 * <span style="font-size: 14pt; color: #92d050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">**Free on Board**

**<span style="font-size: 14pt; color: #00b050; line-height: 115%; mso-ansi-language: EN-US; mso-bidi-font-family: Arial;"> MacKenzie. I. (2006). //Professional english in use//. Cambridge: C.U.P. **
 * <span style="font-size: 14pt; color: #00b050; line-height: 115%; mso-ansi-language: EN-US; mso-bidi-font-family: Arial;"> Source: **
 * //<span style="font-size: 14pt; color: #00b050; line-height: 115%; font-family: 'Calibri','sans-serif'; mso-ansi-language: EN-GB; mso-bidi-font-family: Arial; mso-ascii-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;"> Longman Dictionary of Contemporary English //**