Business, Economics, Human Rights, and Religion Vocabulary Flashcards

Fill-in-the-blank practice flashcards covering key terms, financial expressions, economic concepts, human rights terms, and religious vocabulary.

Consumer purchasing patterns and habits are referred to as __________.

buying habits

A specific portion or specialized segment of a market is called a market sector, segment, or __________.

niche [niːʃ]

An attempt to buy a controlling interest in a company is known as a __________.

takeover bid

Company debts or financial obligations are classified as __________.

liability (ies)

A market in which stock prices are falling and widespread pessimism causes the negative trend to continue is a __________.

bear market

A financial market of a group of securities in which prices are rising or expected to rise is a __________.

bull market

An investor who buys overvalued assets with the expectation of selling them to someone else for a higher price is a __________.

greater fool investor

An investor who selects equities that appear to be underpriced by the market is a __________.

value investor

The point at which total revenue equals total costs is known as __________.

breakeven

A substantial payout given to a senior executive upon termination of employment is a __________ or severance package.

golden handshake

An flexible workspace system where employees do not have assigned desks is called __________.

hot-desking

The disclosure of official wrongdoing, illegal activity, or corruption within an organization is known as __________.

whistle-blowing

A supervisor who directly manages operational staff and activities is a __________.

line manager

The ability to think rapidly and solve problems without preparation is to __________.

think on (your) feet

In financial contexts, the abbreviation APR stands for __________.

annual percentage rate of interest

When a business is profitable and operating without debt, it is said to __________.

be in the black

When a business is accumulating losses or debt, it is said to __________.

be in the red

The psychological tendency for individuals to align their actions with a group is called __________.

herding

The behavioral bias in which people disproportionately prefer current conditions over change is __________.

Status Quo Bias

The emotional bias that causes individuals to value an owned object higher than its market value is the __________.

endowment effect

The cognitive bias where decision-making relies too heavily on an initial piece of information is the __________.

anchoring effect

Graphs are plotted using a horizontal axis and a __________ axis.

vertical

Protection given by a state to a foreign citizen who has left their home country as a refugee is __________.

asylum

The disparity in median pay between male and female workers is the __________.

wage gap

The phonetic pronunciation provided for messiah is __________.

[məˈsaɪə]

The central holy book of Judaism is the __________.

Torah

The holy book of Islam is the __________.

Quran

The place of worship for Jewish congregations is a __________.

Synagogue

The place of worship for Islamic believers is a __________.

Mosque

The practice of refusing to obey certain laws or commands as a peaceful political protest is __________.

civil disobedience

To forcibly remove a leader from office or political power is to __________.

depose

Barely earning enough income to satisfy immediate basic needs is described as __________.

living a hand-to-mouth life