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Financial Tutorial
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Financial Tutorial
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Did you Know? |
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FINANCIAL DICTIONARY & GLOSSARY: COL -
COM |
| collectivism
- economic system in which the means of production are owned by the
state, which plans the economy, sets prices and output levels, etc.
command economy - see planned economy. commerce - the buying and selling of goods and the activities of banks and other financial institutions. commercial bank - a business that trades in money, receiving and holding deposits, paying money according to customers' instructions, lending money, etc. commercial bill - see bill of exchange. commercial paper - short-term, discounted and unsecured corporate debt of large American banks and companies issued as a way of borrowing money. commercial traveler or (US) traveling salesman - alternative names for a sales representative. commission - money paid to sales representatives, proportional to the total value of the goods they sell; money charged by a bank for undertaking a transaction. commodities - either goods in general, or specific raw materials or primary products (cereals, metals, tea, coffee, rubber, etc.) traded on special markets. common pricing - an agreement between companies to sell at the same prices, or to tender at the same price. common stock - see ordinary shares. company or corporation (US) - an association of people formally registered as a business (partnership, limited company, etc.). comparative advantage or comparative cost principle - relative advantage in the production of particular goods over some, but not all, other countries. compensation - money paid (by an insurer) to someone who has suffered injury or had property lost or damaged competition - rivalry between businesses in the same market. competitive advantage - the element that makes one company better than its competitors: a better product or service, lower prices (due to economies of scale), etc. competitive bidding - see tendering |
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FINANCIAL DICTIONARY & GLOSSARY
SHORT INDEX a-ac, ac-am, am-as, as-ba, ba-be, be-br, br-cap, cap-cas, ce-col, col-com, com-cor, cor-cu, cu-deb, deb-dem, dep-dis, dis-du, du-em, em-ex, fa-fi, fi-fr, fr-ge, ge-gr, ha-im, im-ine, inf-int, int-inv, inv-la, la-li, li-lo, lo-mar, mar-mark, mat-mo, mo-na, na-od, of-ou, ov-pa, pa-po, po-pri, pri-pro, pro-qu, qu-red, red-res, res-sa, sa-sh, sh-sta, sta-sto, str-ta, ta-tr, tr-un, un-va, va-we, we-zz |
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