10 Commonly Used Words in ABM Strand
1. LIQUIDITY
2. BUSINESS
3.COLUMNAR
4. ENTREPRENEUR
5. ASSETS
6. MONEY
7. LOANS
8. RESEARCH
9. SERVICE
10. CUSTOMER
1. LIQUIDITY
(lih-kwid-i-tee) /adjective/
: Refers to the ease with which assets can be converted into cash
Example: A company with high liquidity can quickly access funds for unexpected expenses.
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2. BUSINESS
(biz-niz) /noun/
: Activity of making, buying, or selling goods or providing services in exchange for money.
Example: Our class project involves creating a small business plan for a local entrepreneur.
3. COLUMNAR
(kuh-luhm-nar) /adjective/
: Refers to a format with columns for different accounts.
Example: Let's organize our financial statements in a columnar format for better clarity
4. ENTREPRENEUR
(ˈäntrəprəˌno͝or,ˈäntrəprəˌnər) /noun/
: A person who organizes and operates a business or business, taking on greater than normal financial risks in order to do so.
Example: Many entrepreneurs see potential in this market.
5. ASSETS
(ˈaˌset) /noun/
: A useful or valuable thing, person, or quality.
Example: Quick reflexes were his chief assets.
6. MONEY
(ˈmənē) /noun/
: Something (such as coins or bills) used as a way to pay for goods and services and to pay people for their work.
Example: That painting must be worth a lot of money.
7. LOANS
(ˈlōn) /noun/
: An amount of money that is borrowed.
Example: She needed money, so she asked her friend for a loan.
8. RESEARCH
(ri-ˈsərch, ˈrē-ˌ) /noun/
: Careful study that is done to find and report new knowledge abot something.
Example: She conducts research into the causes of Alzheimer's disease.
9. SERVICE
(ˈsər-vəs) /noun/
: The occupation or function of serving.
Example: The students volunteered for community service.
10. CUSTOMER
(ˈkəs-tə-mər) /noun/
: Someone who buys goods or services from a business.
Example: She is one of our best customer.
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