Quizlet 11 Vocab 25

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  1. Accrue: (v) To increase or grow; accumulate; To come to someone or something as a gain or a benefit
  2. Audit: (v) To examine, verify, or correct, as financial accounts. To attend a course without receiving a grade or academic credit
  3. Cartel: (n) A combination of independent or government owned businesses formed to control the production and distribution of its member's goods
  4. Collateral: (n) Property pledged by a borrower to secure a loan and to protect the interests of the lender
  5. Commodity: (n) An article of trade, such as an agricultural or mining product that can be transported
  6. Conglomerate: (n) A corporation made up of a large number of separate companies operating in different industries
  7. Liquidate: (v) To settle the affairs of a business by determining the liabilities and using the assets to discharge them; to pay off or settle a debt
  8. Lucrative: (adj) Profitable; producing wealth
  9. Recompense: (n) Payment made in return for something given or done
  10. Security: (n) Written evidence of ownership or creditorship such as bonds or stocks