List of Terms
agribusiness farming for profi t
asset a saleable valuable; in accounting, a valuable pos-
session that will not be used up within a year
business person an investor (the one risking his wealth), manager,
or employee in a business concern
business the activity of selling to voluntary buyers for a
profi t, or an enterprise that survives by doing this
activity
capital resources available to fund a business; also, a busi-
ness’s assets
civil conditions the conditions and rules governing conduct in
society
credit purchasing power that has been provided in ex-
change for a promise of repayment
demand desire coupled with purchasing power
direct costs the cost of producing what is to be sold, generally
involving the payments for labor and materials
disposable wealth wealth available for present exchange
East, West Asia east or west of the Hellenistic or Roman bor-
der, as the case may be
