Principles of Business, Unit 4: Chapter 15

This list focuses on consumers in the global economy (Unit 4, Chapter 15).

Here are links to all the chapters of Unit 4, Personal Financial Management: Chapter 15, Chapter 16, Chapter 17, Chapter 18, Chapter 19, Chapter 20

Here are links to all the units of the business textbook published by South-Western Cengage Learning: Unit 1, Unit 2, Unit 3, Unit 4
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Full list of words from this list:

words only definitions & notes
  1. unit
    a division accepted as a standard of measurement or exchange
  2. brand
    a name given to a product or service
  3. distinguish
    mark as different
  4. impulse
    a sudden desire
  5. consumer
    a person who uses goods or services
  6. movement
    a group of people who try together to achieve certain goals
  7. fraud
    intentional deception resulting in injury to another person
  8. guarantee
    written assurance that a product or service will be provided
  9. express
    open, explicit, or direct
  10. imply
    express or state indirectly
  11. warranty
    written assurance that a product or service will be provided
  12. mediation
    the act of intervening to bring about a settlement
  13. arbitration
    giving authoritative judgment
  14. suit
    proceeding in a court of law whereby one seeks legal remedy
  15. claim
    an assertion of a right, as to money or property
  16. court
    an assembly to conduct judicial business
  17. catalogue
    a complete list of things, usually arranged systematically
  18. publication
    a copy of a printed work offered for distribution
  19. label
    an identifying or descriptive marker attached to an object
  20. generic
    any product that can be sold without a brand name
  21. comparison
    relation based on similarities and differences
  22. bargain
    an advantageous purchase
  23. expensive
    high in price or charging high prices
  24. extensive
    broad in scope or content
  25. array
    an impressive display or assortment
  26. warehouse
    a storehouse for goods and merchandise
  27. outlet
    a place of business for retailing goods
  28. deceptive
    deliberately designed to mislead
  29. complaint
    (criminal law) a pleading describing some wrong or offense
  30. remedy
    act of correcting an error or a fault or an evil
Created on October 20, 2016 (updated October 27, 2016)

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