short-term loans: loans that must be repaid in a year or less.
slogans: words or phrases used in advertising that sound
great but mean little or nothing.
small business: a little company with low turnover and
few employees.
Small Business Administration (SBA): U.S. agency that
nurtures small businesses. Provides low-interest loans.
socialist economy (socialism): economic system in
which the principal means of production are owned by the state,
and resources are allocated by central planning.
sole proprietorship: a business that is owned by one
person.
specialization: production of a limited variety of
products by a business, region or country.
specie: money in the form of coins.
stability: being steady or not moving up and down.
standard of living: a measure of the amount of goods
and services an individual or group considers essential.
stock: share in the ownership in a corporation. stock
insurance companies: an insurance company owned by
stockholders.
