patent
noun
1 day later
the official legal right to make or sell an invention for a particular number of years
premium
noun
1 day later
a sum over and above a regular price paid chiefly as an inducement or incentive; a sum in advance of or in addition to the nominal value of something
commodity
noun
1 day later
an economic good
merger
noun
1 day later
an agreement that unites two existing companies into one new company
surplus
noun
1 day later
an amount, quantity, etc., greater than needed
pharmaceutical
adjective
1 day later
of, relating to, or engaged in pharmacy or the manufacture and sale of pharmaceuticals
mortgage
noun
1 day later
a loan used to buy property
outsource
verb
1 day later
to delegate (a task, function, or responsibility) to an independent provider
financing
noun
1 day later
the process of means of acquiring capital necessary to conduct a business activity
equity
noun
1 day later
ownership
collateral
noun
1 day later
property (such as securities) pledged by a borrower to protect the interests of the lender
affiliate
noun
1 day later
one part of a larger group or organization; an organization that is officially connected with or controlled by another, usually larger, organization
markup
noun
1 day later
an amount added to the cost price to determine the selling price
takeover
noun
1 day later
the acquisition or seizure of control or power
liability
noun
1 day later
something a person or company owes, usually a sum of money
stakeholder
noun
1 day later
a person or group that has an investment, share, or interest in something, as a business or industry
subsidiary
noun
1 day later
a company that belongs to another company, which is usually referred to as the parent company or the holding company
creditor
noun
1 day later
a person or commercial enterprise to whom money is owed
tariff
noun
1 day later
a tax on imports or exports
depreciate
verb
1 day later
to decline in value
