Tooltip Categories: Economics & Finance

guild

An association of men sharing the same interests, such as merchants or artisans: formed for mutual aid and protection and to maintain craft standards or

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haggling

A type of negotiation in which the buyer and seller of a good or service dispute the price which will be paid and the exact

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hawking

To sell goods informally in public places (source: http://dictionary.cambridge.org/dictionary/british/hawk_3)

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headquarters

The location where most, if not all, of the important functions of an organization are coordinated. (source: http://en.wikipedia.org/wiki/Headquarters)

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heir

The person legally succeeding to all property of a deceased person, irrespective of whether such person died testate or intestate, and upon whom devolves as

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hire purchase

Legal term for a contract, in which persons usually agree to pay for goods in parts or a percentage at a time. (source: http://en.wikipedia.org/wiki/Hire_purchase)

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guaranted bond

A debt security that offers a secondary guarantee that interest and principal payment will be made by a third party, should the issuer default due

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guarantee societies

Mutual Guarantee Societies are private guarantee institutions created by beneficiary SMEs. Public Guarantee Institutions have been set up by public authorities in a number of

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guaranteed

A person or entity to whom a guarantee is made. (source: dictionary.reference.com)

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