This is just like the inspirational quote post, but with business terms. All you need is a word related to anything having to do with business and its definition or meaning. Feel free to grab words and their meanings from business dictionaries or just give your own interpretation.
Post as many unique words and their meaning as you can and get 25 points for every post.
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Example Post:
Accounts Receivable - amounts due the company on account from customers who have bought merchandise or received services.
Focus Group: A form of market research in which a group of people (typically 5-10) are asked about their attitude toward a product, concept, advertisement, idea, or packaging. Can provide feedback about new or proposed products. A recent innovation is to conduct an online focus group.
Investment company act of 1940: Legislation passed by Congress requiring registration and regulation of investment companies by the Securities and Exchange Commission.
Real Estate Investment Trust (REIT): A type of investment company that invests money (obtained through the sale of its shares to investors) in mortgages and various types of investment in real estate, in order to earn profits for shareholders.
Full payment of a loan (or discharge of an obligation) evidenced by a document or receipt, such as satisfaction of mortgage issued by a lender (mortgagee).