A | B |
dividend | a stockhoders share of the company's profits, usually a cash payment |
union | trade; organization of workers with the same trade or skill |
vertical integration | the combining of companies that supply wquipment and services needed for a particular industry |
consolidation | the practice of combining separate companies into one |
merger | the combining of two or more businesses into one |
assembly line | a production system with machines and workers arranged so that each person performs an assigned task again and again |
rebate | discount or return of part of a payment |
monopoly | total control of a type of industry by one person or one company |
sweatshop | a shop or factory where workers work long hours at low wages under unhealthy conditions |
injunction | court order to stop and action , such as a strike |
collective bargaining | discussion between an employer and union representatives of workers over wages, hours, and working conditions |
philanthropy | charitable acts or gifts of money to benefit the community |
strikebreaker | a person hired to replace a stiking worker in order to break up a strike |
shareholder | a person who invests in a corporation by buying stock and is partial owner |
corporation | a group that is authorized by law to carry on an activity but having the rights and duties of a single person |
pool | a group sharing in some activity, for example, among railroad barons who made secret agreements and set rates among themselves |
stock | shares of ownership a company sells in its business which often carry voting power |
standard gauge | the uniform width of 4 feet 8.5 inches for railroad tracks, adopted duing the 1880s |