KeyTerms_SneakerMoney

Very profitable (adj.)

• Credit

• Pawn

• Lucrative

• Barter

The exchange of goods or services for other goods or services without the use of money (v.)

• Credit

• Pawn

• Lucrative

• Barter

The ability of a customer to obtain goods or services prior to payment, based on trust that the goods or services will be paid for in the future (n.)

• Credit

• Pawn

• Lucrative

• Barter

An agreement between an owner and a seller in which the owner provides an item to a seller in which the seller agrees to pay the owner only when the item or items are sold (n.)

• Barter

• Consignment

• Pawn

• Collateral

To deposit an object as security for a loan, with the understanding that it will be sold if the loan is not repaid within a set amount of time (v.)

• Barter

• Consignment

• Pawn

• Collateral

An object or property provided or promised to a lender to guarantee repayment of a loan (n.)

• Barter

• Consignment

• Pawn

• Collateral

The act of using money to gain a profit; an asset that is purchased or held with the intent that it will increase in value and the owner can make money from it (n.)

• Asset

• Underground Economy

• Profit

• Investment

Natural resources, raw materials, or primary agricultural products usually traded in bulk, such as metals, grains, and grown foods (n.)

• Commodities

• Consignment

• Pawn

• Collateral

The financial gain when an item is sold at a higher price than the original cost, or the gain when an item is sold above and beyond its cost to produce/procure (n.)

• Barter

• Consignment

• Pawn

• Profit

Property that has value (n.)

• Asset

• Underground Economy

• Profit

• Investment