Tort
a business or person who uses another person's name, without permission, for the benefit of the user
Sole Proprietorship
Form of business ownership in which of the business is owned by one person
Inflation
Rapid rise in prices usually occurring when demand exceeds supply
Excise tax
A special government tax on certain items, such as gasoline, certain businesses, cars, etc.
Store of value
When money is saved rather than spent
Medium of exchange
When money is used to obtain goods and services
High interest rates
a business condition that can create economic risks
Liability
Financial obligations a business has
Liquid asset
cash or any asset that can quickly be converted into cash
Dividends
Sums of money paid to investors or stockholders as earnings on investments
Profit margin
the amount of money that a business earns on sales after expenses; expressed as a ratio
Green marketing
practice of pricing, promoting, and distributing products in such a way that they do not harm the natural environment