Some countries have money which is not considered trustworthy. Business transactions are therefore often carried out using something more reliable like the US d

A competitor who is trying to take over the leading position.

These are options to buy or sell shares at some future date. Speculators can win or lose lots of money with these financial derivatives.

If a nation has some state-run business sectors and others which are private.

Technically illegal. It involves people inside a business passing on information to selected individuals who benefit from advance knowledge of secret informatio

An investment with a potentially high return, but with equally high risk.

This is a way of buying something without having to pay the full amount immediately. Normally, you pay a down-payment of, say, 10% and then you pay monthly inst

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.

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.

This is another word for the staff in a company. It is also the name of the department which looks after staff welfare. It used to be called Personnel Managemen

This is similar to GDP, but also includes the revenue generated outside the country perhaps in subsidiaries or in foreign investments.

The level or rate at which goods are used up. In the case of cars, you can talk about fuel XXX. With machines, you can refer to energy XXX. The higher this valu