Thursday, November 13, 2014

Boycott

Refusal to buy or sell certain products or services.

Budget

A financial plan for the use of money, personnel, and property.

Bureaucracy

A large, complex administrative structure that handles the everyday business of an organization.

Bureaucrat

A person who works for a bureaucratic organization.

By-Election

A special election held to choose a replacement for a member of parliment, in the event of a death.

Cabinet

Presidential advisory body, traditionally made up of the heads of the executive departments and other officers.

Capital

All the human-made resources that are used to produce goods and services.