1. Lesson 30: “Business”

2. Backlog Part of speech: Noun Definition:
Unfinished work or unfilled orders
Example:
The staff had to work overtime in order to process the backlog of holiday orders.

3. Backlog

4. Barter Part of Speech: Verb Definition:
To trade goods or services without using money; to exchange
Example:
Anna bartered babysitting services for piano lessons.

5. Barter

6. Commerce Part of Speech: Noun Definition:
Trade; buying and selling of merchandise, especially in large amounts
Example:
Commerce between the United States and China has increased dramatically.

7. Commerce

8. Franchise Part of Speech: Noun; Verb Definition:
The right to sell or distribute an established service or product
To grant someone else the right to sell one’s product or service
Example:
Mr. Kent purchased a franchise for a doughnut store.

9. Franchise

10. Inflation Part of speech: Noun Definition:
A continuing rise in prices throughout the economy
Example:
One dollar buys less in times of inflation.

11. Inflation

12. Inventory Part of Speech: Noun; Verb Definition:
Goods or merchandise in stock or on hand
To make a list of goods or materials on hand
Example:
Inventory in the warehouse has increase as a result of declining orders.

13. Inventory

14. Merger Part of Speech: Noun Definition:
The union of two or more companies or organizations
Example:
After their merger, the two company banks moved into one building.

15. Merger

16. Monopoly Part of Speech: Noun Definition:
Complete ownership or exclusive control
Example:
At one time, England had a monopoly on salt production in India.

17. Monopoly

18. Patron Part of Speech: Noun Definition: A regular costumer
A person giving financial support to a cause
Example:
The school auditorium was named for a generous patron.

19. Patron

20. Vendor Part of Speech: Noun Definition:
A person or company that sells something
Example:
Street vendors usually obtain licenses to display and sell their goods.

21. Vendor

22. Lesson 30 Word List Monopoly Franchise Merger Barter Inventory Patron
Inflation
Backlog
Vendor
Commerce