This document defines key business and financial terms: - It defines debt as something owed, typically money, and endorses as signing a check or bill to another payee. - It also defines manufacturer as a company that makes goods for sale, and marketing as promoting and selling products. - Additionally, it defines mortgage as property used as collateral for a loan, partnership as joint ownership of a business, and retailer as a business that sells to consumers unlike wholesalers. - Finally, it defines savings as income not spent but invested, sole proprietorship as a single-owner business, and unemployment as having no job while seeking work.

1. Instituto INTAE
November the 2nd,2020

2. Business
Company

3. C.E.O.
CHIEF EXECUTIVE OFFICER

4. BOSS

5. EMPLOYEES

6. BANK ACCOUNT

7. BUDGET

8. MONEY

9. Debt
• Definition:
• It’s something, typically
money, that is owed or
due.
Endorse
• Definition:
• A sign (a check or bill of
exchange) on the back to
make it payable to
someone other than the
stated payee or to accept
responsibility for paying it.

10. Manufacturer
• Definition:
• A person or company that
makes goods for sale.
Marketing
• Definition:
• the action or business of
promoting and selling
products or services,
including market research
and advertising.

11. Mortgage
Definition:
• The charging of real (or
personal) property by a
debtor to a creditor as
security for a debt (esp.
one incurred by the
purchase of the property),
on the condition that it
shall be returned on
payment of the debt within
a certain period.
Partnership
• Definition:
• The state of being a
partner or partners in a
company or other things.

12. Retailer
• Definition:
• A business or person that
sells goods to the
consumer, as opposed to
a wholesaler or supplier
, who normally sell their
goods to another
business.
Savings
• Definition:
• The portion of disposable
income not spent on
consumptions of
consumer goods but
accumulated or invested
directly in capital
equipment or in paying off
a home mortgage, or
indirectly through
purchase of securities.

13. Sole
proprietorship
• Definition:
• A business or a company
that is owned by only one
person and is responsible
of all debts.
Unemployment
• Definition:
• A person who has no
occupation(Job) and is
searching for one.
“Ready for Work” written on suitcases.