Xaphesis

Pure or perfect competition is a theoretical market structure in which the following criteria are met: all firms sell an identical product (the product is a "commodity" or "homogeneous"); all firms are price takers (they cannot influence the market price of their product); market share has no influence on price; buyers have complete or "perfect" information – in the past, present and future – about the product being sold and the prices charged by each firm; resources such as labor are perfectly mobile; and firms can enter or exit the market without cost.

Continuing engineering and technical support that follows release of requirements, specifications, and drawings for fabrication, assembly, testing, and delivery of an end-product.

Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.

A financial statement that reports a company's financial performance over a specific accounting period

Exchange of one type of asset, cash flow, investment, liability, or payment for another

The worldwide movement toward economic, financial, trade, and communications integration.

Gross income, or gross pay, is an individual's total pay before accounting for taxes or other deductions