A | B |
trademark | protects brand names |
revenue | money the government takes in |
oligopoly | a small number of companies controlling the market without forming a trust |
tax incentive | reward for oil companies that reduce pollution |
patent | protects inventors' work |
contract | can be written, verbal, or made with a handshake |
subsidy | government payment to a business to make up for losses |
copyright | protects artists' work |
Small Business Administration | lends money to aspiring business owners |
collateral | cars, coins, collections or other valuables |
checking account | used for storing money in the short term so you can easily draw on it |
savings and loan association | originally set up to offer savings accounts and home mortgage loans |
money | a means for measuring the value of goods and services |
finance company | offers short-term loans at higher rates than banks |
individual loan | a loan for something like a vacation, car, or home repairs |
interest | the rate a bank pays for keeping money in a savings account |
brokerage firm | financial insstitution tht sells stocks and bonds |
line of credit | amount set aside by a bank for preferred customers that is available on demand |
savings account | used for storing money over a long period of time |