Upper Intermediate Deck 1

Total: 20 cards

Not studied
Done

franchise

noun

Unreviewed

an agreement in which an entrepreneur buys a license to use another business' products, brand, proprietary knowledge, and trade secrets
illustration for franchise

franchisee

noun

Unreviewed

an individual or a company that has the right to sell or rent another firm's products and to use its name
illustration for franchisee

layoff

noun

Unreviewed

the act of suspending or dismissing an employee, as for lack of work or because of corporate reorganization
illustration for layoff

macroeconomics

noun

Unreviewed

a branch of economics that studies how an overall economy — the market systems that operate on a large scale — behaves
illustration for macroeconomics

microeconomics

noun

Unreviewed

the social science that studies the implications of incentives and decisions, specifically about how those affect the utilization and distribution of resources
illustration for microeconomics

offshore

adjective

Unreviewed

located outside of one's national boundaries
illustration for offshore

multinational

adjective

Unreviewed

of, or relating to, or being a company with subsidiaries or other operations in a number of countries
illustration for multinational

framework

noun

Unreviewed

a structural plan or basis of a project
illustration for framework

interface

noun

Unreviewed

a connection between two pieces of electronic equipment, or between a person and a computer
illustration for interface

non-profit

adjective

Unreviewed

not conducted or maintained for the purpose of making a profit
illustration for non-profit

copyright

verb

Unreviewed

to secure a copyright on
illustration for copyright

startup

noun

Unreviewed

(also 'start-up') a company in the first stage of its operations
illustration for startup

monopoly

noun

Unreviewed

exclusive ownership through legal privilege, command of supply, or concerted action
illustration for monopoly

payroll

noun

Unreviewed

a list of employees to be paid, with the amount due to each
illustration for payroll

fiscal

adjective

Unreviewed

relating to finance or financial matters, such as money, taxes, or public or private revenues
illustration for fiscal

accountability

noun

Unreviewed

an obligation or willingness to accept responsibility or to account for one's actions
illustration for accountability

turnover

noun

Unreviewed

the amount received in sales for a stated period
illustration for turnover

consumption

noun

Unreviewed

the act of consuming, as by use, decay, or destruction
illustration for consumption

commission

noun

Unreviewed

an amount of money, typically a set percentage of the value involved, paid to an agent in a commercial transaction
illustration for commission

wholesale

adjective

Unreviewed

of, relating to, or engaged in the sale of goods in large quantities for resale
illustration for wholesale