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A difference in wealth, opportunities or facilities.
"The income disparity between rich and poor is increasing."
Financial assistance provided by government to make certain goods or services more affordable.
"Subsidization of agriculture helps farmers maintain crop production."
An economic condition where prices of goods increase.
"The country is facing inflationary pressure due to increased demand."
A situation where accepting one advantage means giving up another benefit.
"There is always a trade-off between price and quality."
A balanced state between supply and demand.
"The market reached an equilibrium where supply met demand."
The state of being scarce or in short supply when demand exceeds supply.
"Water scarcity is a major global issue."
A difficult or unpleasant situation; hardship, misfortune.
"He remained strong in the face of adversity."
The state or quality of being ferocious; extreme fierceness or violence.
"The storm's ferocity was devastating."
Courage and resolve; strength of character; passion and perseverance.
"Grit is necessary to achieve success."
The ability to recover quickly from difficulties; toughness and adaptability.
"His resilience helped him overcome failure."
A complicated network of paths or passages; an intricate and confusing arrangement.
"The city's streets were like a labyrinth."
Full of danger or risk; hazardous and threatening.
"The explorers took a perilous journey."
Based on instinct; done without conscious thought; natural and automatic.
"His instinctive reaction saved his life."
A stupid or careless mistake; a serious error in judgment.
"His blunder cost the company a fortune."
In its original condition; unspoiled, clean, and fresh.
"The forest remains in a pristine condition."
The quality of being determined; persistence and firmness of purpose.
"His tenacity led him to success."
A very typical example of a certain person or thing; an original model or prototype.
"This painting is the archetype of modern art."
A reduction in the value of an asset with the passage of time, due in particular to wear and tear.
"Property depreciation lowers resale value."
The action or process of gradually writing off the initial cost of an asset.
"Smart amortization prevents financial strain."
A general increase in prices and fall in the purchasing value of money.
"Inflation reduces purchasing power."
A rapid increase; a rise.
"The escalation of production costs impacts profitability."
The state or degree of being easily or conveniently done.
"The feasibility study confirmed project success."
The practice of taking advantage of a price difference between two or more markets.
"Arbitrage opportunities exist in volatile markets."
The area of finance that deals with sources of funding and the capital structure of corporations.
"Effective business finance enhances profitability."
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