Law & Security Measures In Business 2
A federal government agency that writes and enforces safety and health standards for businesses.
Occupational Safety and Health Administration (OSHA)
A tax on imported goods; also called duty tax
Tariff
Building wealth by using money to make money.
Investing
Any means someone uses to get you to part with your money.
Scams
A quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economy increases over a period of time.
Inflation
An illegal activity in which a business charges different customers different prices for similar amounts and types of products.
Price Discrimination
Government financial help given to a business.
The process of keeping and interpreting financial records.
Accounting
A set of rules that are created and are enforceable by social or governmental institutions to regulate behavior.
Laws
The general decline in prices for goods and services occurring when the inflation rate falls below 0%.
Deflation
Assistance by government in maintaining the price of a good or service to enable the producers to earn a profit.
Price Supports
That part of the economy that is owned and controlled by individuals and/or businesses.
Private Sector
Investments in which lenders allow borrowers to use their money during a period of time for a specified fee or rate of interest,
Lending
A section of the economy made up of firms and institutions that provide financial services to commercial and retail customers.
Finance Industry
A measure that examines the weighted average of prices of a basket of consumer goods and services.
Consumer Price Index (CPI)
The amount of money people have to spend, or dispose of, after they have paid their taxes and bills; also call discretionary income.
Disposable Income
Goods and services that are used by all people and cannot be withheld from people who don't help to pay for them.
Public Goods
A contractual agreement in which one company (insurer) will pay for specified losses incurred by the other company (insured) in return for installment payments.
Insurance
Buying or selling a publicly traded company’s stock by someone with non-public, material information about that company.
Insider Trading
The level of wealth, comfort, material goods and necessities available to a certain socioeconomic class or a certain geographic area.
Standard of Living
That part of the economy that is owned and operated by government at all levels, e.g. schools, libraries, highway systems.
Public Sector
The government policy that determines the amount of money that will be in circulation and the level of interest rates.
Monetary Policy
The legal owning or lending agreements between individuals, businesses, or governments.
Securities
Includes Accountancy, Investment Banking, Investment Management, and Personal Asset Management.
Financial Services
The stable level of prices in the economy, which avoids long periods of inflation or deflation and sustains the value of money over time.
Price Stability