Vocabulary. Exercise 9

Fill in the blanks with the word described by the definition. Use the words below without capitals.

arbitrage, arbitration, beneficiary, capital, consortium, deduction, discrimination, entitlement, entrepreneur, equity, exempt, fiscal, franchise, harassment, jargon, nepotism, perquisite, prospectus, subsidy, tenure

1. Money or other wealth owned or used by a business.

2. Repeated or persistent trouble or disturbance.

3. Someone who assumes the financial risk of beginning and operating one or several businesses.

4. The purchase of a large number of shares in a corporation in anticipation of the profit that will result from a merger or takeover.

5. The status or fact of being employed on a permanent basis in a position. The fact, right, or condition of holding or possessing something, such as property or a position

6. The act of making invalid, unfair, or hurtful differentiations, as in prejudice against people of minority groups.

7. Not subject to or released from an obligation generally required of others.

8. The consideration and decision of an issue or dispute by an arbiter.

9. A payment or benefit in addition to the wages or salary associated with a position.

10. Pertaining to public or governmental finances.

11. Favoritism shown to a near relative, as in preferential hiring or patronage.

12. Direct financial assistance provided by the government to a business, industry, educational institution, individual, or the like.

13. A combination of nations, companies, or the like, formed to provide large amounts of capital for a joint enterprise.

14. One who receives or is designated to receive benefits, as of a will or insurance policy.

15. Special privileges or benefits allowed to groups of people.

16. A right granted by a commercial enterprise to sell a product or service in a limited territory.

17. A written description or summary of a proposed project.

18. Technical or specialized words or language, as of a science or profession, sometimes considered to be unnecessary or confusing.

19. The quality of being fair and reasonable; fairness.

20. Something that is subtracted or deducted.