annex (v.) late 14c., "connect with," from Old French annexer "to join, attach" (13c.), from Medieval Latin annexare, frequentative of Latin annecetere "to bind to," from ad "to" (see ad-) + nectere "to tie, bind" (from PIE root *ned - "to bind, tie"). Usually meaning "to join in a subordinate capacity," but that notion is … Continue reading Annex
Economics
Consortium
con•sor •ti•um ken'sôrdeam, kan'sôrSH(ē)am | noun (plural consortia | kan'sôrdeo, ken 'sôrSH(e)a | or plural consortiums | kan 'sôrdeamz, ken'sôrSH(e)emz |) 1 an association, typically of several business companies. 2 Law the right of association and companionship with one's husband or wife: the amount awarded for loss of consortium must be included. ORIGIN early 19th … Continue reading Consortium
Trade
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. Introduction Source: Principles of Economics/2nd Edition, 2017/ Openstax/ISBN: 9781947172364 #Economics: Individual demand is a measure of a consumer's marginal value from a … Continue reading Trade
You must be logged in to post a comment.