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| The act of imposing a charge, usually of money, by authority on persons or property for public purposes |
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| a tax levied on the sale of goods and services that is usually calculated as a percentage of the purchase price and collected by the seller |
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| a tax levied on real or personal property |
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| the difference in value over a period of time between a country's imports and exports |
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| a clause in an insurance policy that relieves the insurer of responsibility for an initial specified loss of the kind insured against or the amount of the loss specified in such a clause |
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| a part of the full price paid at the time of purchase or delivery with the balance to be paid later |
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| a commodity conveyed from one country or region to another for purposes of trade |
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| something brought from a foreign or external source |
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| the percentage of a sum of money charged for its use |
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| a tax on the net income of an individual or a business |
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| an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market |
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| a totalitarian system of government in which a single authoritarian party controls state-owned means of production |
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| any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods |
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| the act or process of producing; the creation of utility; especially : the making of goods available for use |
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| the utilization of economic goods in the satisfaction of wants or in the process of production resulting chiefly in their destruction, deterioration, or transformation |
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| a stock of accumulated goods especially at a specified time and in contrast to income received during a specified period; also : the value of these accumulated goods |
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| human activity that provides the goods or services in an economy |
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| the added cost of using resources (as for production or speculative investment) that is the difference between the actual value resulting from such use and that of an alternative (as another use of the same resources or an investment of equal risk but greater return) |
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Definition
| an ongoing expense of operating a business such as rent, gas/electricity, wages etc |
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