agg

budgeting

process of estimating future income and expenses

feasibility

the liklihood of something working out

estimation

judgment or opinion based on available information

enterprise

specific phase of an agricultural business or farm

managment

the planning, decision making, and directing of a buisness

inventory

a list of available reasources

economist

one who studies the allocation of scarce resources for the productin of economic goods and services

speculative market

market where contracts specifying delivery or acceptance of specified commodties at a specified future date are bought or sold

depreciation

reduction in value of an asset over a period of time

interest

a charge for the use of money or capitol

fixed costs

costs which do not vary with the level of production

operating or variable costs

costs which change with the level of production

receipt

income, awknowledgment of reciving money, goods, or other valuable consideration

expense

cost

return

money coming in or income