Advanced Deck 1
Total: 20 cards
recession
noun

Unreviewed
a temporary depression or decline in economic activity or prosperity

depression
noun

Unreviewed
period when excess aggregate supply overwhelms aggregate demand, resulting in falling prices, unemployment problems, and economic contraction

regulation
noun

Unreviewed
a principle, rule, or law designed to control or govern conduct

intellectual property
noun

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the set of intangible assets owned and legally protected by a company from outside use or implementation without consent

valuation
noun

Unreviewed
the act of estimating or setting the value of something; appraisal

encryption
noun

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the act or process of encrypting something; a conversion of something (such as data) into a code or cipher

bond
noun

Unreviewed
a security representing the debt of the company or government issuing it

price war
noun

Unreviewed
a period of intense competition among businesses in which each competitor tries to cut retail prices below those of the others

close the deal / strike a deal / secure the deal
idiom

Unreviewed
to reach an agreement

think outside the box
idiom

Unreviewed
to explore ideas that are creative and unusual and that are not limited or controlled by rules or tradition

implementation
noun

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the process of putting something into effect

whereas
conjunction

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compared with the fact that; while on the contrary

financial management
noun

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the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization

localization
noun

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the process of organizing a business or industry so that its main activities happen in local areas rather than nationally or internationally

purchasing power
noun

Unreviewed
the amount of money that a person or group has available to spend; the value of money thought of as how much it can buy

cyclical
adjective

Unreviewed
of or relating to a variable, such as housing starts, car sales, or the price of a certain stock, that is subject to regular or irregular up-and-down movements

people skills
noun

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the ability to work with or talk to other people in an effective and friendly way

joint venture
noun

Unreviewed
a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task

talent pool
noun

Unreviewed
the suitable, skilled people who are available to be chosen to do a particular type of job

customer retention
noun

Unreviewed
the fact of keeping a customer for a period of time
