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Business and Law

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Full list of words from this list:

  1. speculation
    an investment that is risky but could yield great profits
    Speculation in the bond or mortgage market counts as well.
  2. franchise
    an authorization to sell a company's goods or services
    He declined to provide details on local franchise partners or future store openings but said the decision had been a no-brainer.
  3. precedent
    a legal decision that influences subsequent decisions
    The Federal Circuit, when deciding issues not directly related to patents, uses legal precedents from regional federal appeals courts.
  4. injunction
    a judicial remedy to prohibit a party from doing something
    If found guilty, Lively could be responsible for civil damages and an injunction stopping him from further involvement in the issue.
  5. indictment
    a formal document charging a person with some offense
    When the cops showed up, they found chemicals and devices they recognized, according to an indictment, as bomb components. Slate (Apr 16, 2013)
  6. libel
    a false and malicious publication
    There have already been a few Twitter libel suits in the United States, although none has gone to trial. Slate (Nov 26, 2012)
  7. solvent
    capable of meeting financial obligations
    In fact, Social Security is solvent and has not contributed to the debt. Salon (Apr 6, 2013)
  8. foreclosure
    proceedings initiated to repossess the collateral for a loan
    The foreclosure crisis destroyed home values — but drove up rents, as repossessions created a new wave of rental demand from would-be owners with ruined credit. Chicago Tribune (Mar 16, 2013)
  9. collateral
    a security pledged for the repayment of a loan
    It later emerged the money was a bank loan, secured using the stadium as collateral.
  10. perjury
    criminal offense of making false statements under oath
    “According to Perez, he and his colleagues engaged in evidence planting, false arrests, witness intimidation, beatings, theft, drug dealing and perjury. Slate (Feb 9, 2013)
  11. affidavit
    written declaration made under oath
    An FBI affidavit said the bombs contained "low-grade explosives" and a "large pyrotechnic" had been found at the younger brother's college dorm room in Massachusetts. Wall Street Journal (Apr 23, 2013)
  12. subpoena
    a writ issued to compel the attendance of a witness
    He later refused to testify after U.S. lawmakers subpoenaed him to appear at a hearing.
  13. prospectus
    a document that sets forth a plan for a business enterprise
    The move came after Facebook issued an amended prospectus, detailing a potential slowdown in revenue.
  14. voucher
    a document that serves as evidence of some expenditure
    Groupon has mostly focused on sending daily emails to customers offering vouchers for activities in their area.
  15. lien
    the right to take and hold the property of a debtor
    Home equity loans, lines of credit, and other loans that homeowners take out on top of a first mortgage are called “second liens.” BusinessWeek (Jul 26, 2012)
  16. realty
    property consisting of houses and land
    “Open houses, quite frankly, have become obsolete,” said Richard Steinberg, the executive managing director of Warburg Realty. New York Times (Aug 11, 2012)
  17. negotiable
    legally transferable to the ownership of another
    Promissory notes, like dollar bills, are negotiable currency. New York Times (Feb 4, 2012)
  18. actuary
    someone versed in the interpretation of numerical data
    In addition, the actuary’s office collects data used to calculate Medicare payment rates for doctors, hospitals and many other health care providers.
  19. notarize
    authenticate by someone empowered to witness signatures
    Anyone who has ever bought a house is familiar with the inches-thick stack of documents that have to be signed, sealed, initialed and notarized. Washington Post (Oct 21, 2010)
  20. larceny
    the act of taking something from someone unlawfully
    Ms. Reznik and Mr. Shapiro were arraigned June 6 on five felony charges, including grand larceny, tampering with public records and filing false documents. New York Times (Jun 24, 2012)
Created on Wed Apr 24 13:44:56 EDT 2013 (updated Wed Apr 24 17:08:20 EDT 2013)

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