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Business World Vocab

Words commonly used in the business world.

AB
salarymonthly financial compensation
wagesweekly financial compensation
receiptdocumnet showing that the goods have been paid
settle an accountto pay a bill
feelump sum of money paid for services
installmentmonthly payment
competitorbusiness colleague
liabilitiessynonym for debts
supply and demandan economic principle
wholesalerbusiness person who sells in large quantities
consumerperson who buys a good or service
valuehow much something is worth
supplyquantity available
profitthe return after cost
scarcitynot enough of something
bartertrading a good or service
policyan insurance contract
brokerone who sells
invoicedocument listing goos and prices
order formdocument used to place an order

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