A superior competitive position, e.g. your products are cheaper or better than those of your competitors.
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to dismiss
A company will do this to the people they do not want to employ any more. Exemple: when there is a overcapacity or there are economic difficulties, a firm will
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collateral
Something of value which you can offer as security against a loan.
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seesaw
Swap points!
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gift
Win 25 points!
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fairy
Take points!
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thief
Give points!
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insolvent
This means, basically, that you have not enough cash available to pay your bills or debts. You are XXX.
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seesaw
Swap points!
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magnet
Take 20 points!
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gift
Win 25 points!
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banana
Go to last place!
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gross national product
This is similar to GDP, but also includes the revenue generated outside the country perhaps in subsidiaries or in foreign investments.
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futures
These are options to buy or sell shares at some future date. Speculators can win or lose lots of money with these financial derivatives.
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heart
Other team wins 10 points!
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gift
Win 20 points!
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gift
Win 20 points!
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thief
Give points!
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institutional investors
These are organisations like pension funds which invest money on behalf of their members.
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line-filling
Creating new products to fill the gaps in the current range.
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limited liability
This is a situation in which the owner of a company can only lose the company's assets but not his own personal wealth in the case of bankruptcy.
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banana
Go to last place!
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star
Double points!
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rocket
Go to first place!
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thief
Give points!
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trade union
An organisation which represents the interests of its members, who usually work in the same line of business, e.g. steel workers, coal-miners etc.
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liquidation
Another word for bankruptcy. It can also refer to the selling off of goods cheaply to get rid of old stock.
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maturity
In the case of a bond, this is the date at which the loan is paid back. In the case of a product, it is the stage when a product has become established on the m