Business Vocabulary

Demand rose sharply after our major competitor went into ......

Promises that are purely ..... are not considered enforceable because the personal satisfaction the grantor of the promise may receive from the act is normally not considered adequate consideration.

Global rules ..... global production.

Finally, the intermediate theory applies the lien theory until there is a ..... on the mortgage, whereupon the title theory applies.

The bear call ..... can be seen as writing a call with protection against an unexpected rise in the market; in this instance, the trader may write a call around the money, and take a call out-of-the-money, which effectively provides a ceiling to the potential loss if the market should rise.

Departments are now so reliant upon computer-based systems for normal daily operations that small systems failures can cause ..... level of disruption to customers and staff.

Price ..... of a Basis Point refers to the change in the price of a bond if the yield changes by 1 basis point (0.01%).

Your Keogh plan must be opened by 1 February 2009 to make a contribution for 2008, and contributions must be submitted by 1 March 2009; however, you can extend the ..... date to 1 June 2009 if you file for an extension.

As the global increase in popularity of Islamic finance continues, this sector faces new challenges, and critical among these is that of hiring and retaining expertise from a finite talent ......

The ..... of that ring is very high. It's made from rare stones.