Description

A process through which a business increases the worth of the resources included in production so that customers perceive the product to be worth more than the cost of the inputs
An external contact of a business that provides support and advice, sometimes for free
A fixed amount loan from a bank which is generally used to finance long-term assets
Borrowings from a bank on a current account which are payable on demand
The point at which the total sales of a business equal total costs -i.e. the business is making neither a profit nor a loss
A detailed plan of income and expenses expected over a certain period of time
A detailed description of a new or existing business, including the company’s strategy, aims and objectives, marketing & financial plan
A stated goal or target of a business (note: a business can have more than one objective!)
The movements of cash into (“inflows”) and out of (“outflows”) a business
Amounts incurred by a business as a result of its trading operations
The amount of a product or service that customers are willing and able to pay at a given time
Defining a market in terms of social-economic factors such as segmentation age, income, class etc
An individual who sets up and runs a new business and takes on the risks associated with the business
Costs that do not vary with the level of output – e.g. rent, salaries)
The resources (land, labour, capital, enterprise) that go into producing goods and services
Shareholders are only liable for the money they have invested - not for the overall debts and liabilities of their company
Any place (e.g. physical, electronic) where buyers and sellers come together with a view to exchanging transactions
The percentage growth in the size of the market, measured over a specific period
The share of the total market that is owned by a particular business, product or brand. Usually expressed in percentage terms. The firm with the largest percentage market share is known as the market leader.
The total value or quantity of demand in a specific market over a specific period of time. Can be measured in value terms (e.g. sales) or in terms of quantities (e.g. units) bought or sold.
The right to be the only user of producer of a specified product or process
The difference between total sales and total costs
The income or sales that a business achieves in a period. Calculated by multiplying selling price per unit x units sold.
A one-person business with unlimited liability for the debts of that business
Unlimited liability describes the potential risk that sole traders and partnerships face. They are liable for the debts of the business
Any person or organisation which buys or is supplied with a product or by a business
The person who ultimately uses (or consumes) a product
What does PLC standfor?
What does LTD stand for?

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Commercial Awareness

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Economic Terms

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running a venture

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ECONOMIC JARGON

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Frequently Asked Questions

What is a crossword?

Crossword puzzles have been published in newspapers and other publications since 1873. They consist of a grid of squares where the player aims to write words both horizontally and vertically.

Next to the crossword will be a series of questions or clues, which relate to the various rows or lines of boxes in the crossword. The player reads the question or clue, and tries to find a word that answers the question in the same amount of letters as there are boxes in the related crossword row or line.

Some of the words will share letters, so will need to match up with each other. The words can vary in length and complexity, as can the clues.

Who is a crossword suitable for?

The fantastic thing about crosswords is, they are completely flexible for whatever age or reading level you need. You can use many words to create a complex crossword for adults, or just a couple of words for younger children.

Crosswords can use any word you like, big or small, so there are literally countless combinations that you can create for templates. It is easy to customise the template to the age or learning level of your students.

How do I create a crossword template?

For the easiest crossword templates, WordMint is the way to go!

Pre-made templates

For a quick and easy pre-made template, simply search through WordMint’s existing 500,000+ templates. With so many to choose from, you’re bound to find the right one for you!

Create your own from scratch

  • Log in to your account (it’s free to join!)
  • Head to ‘My Puzzles’
  • Click ‘Create New Puzzle’ and select ‘Crossword’
  • Select your layout, enter your title and your chosen clues and answers
  • That’s it! The template builder will create your crossword template for you and you can save it to your account, export as a word document or pdf and print!

How do I choose the clues for my crossword?

Once you’ve picked a theme, choose clues that match your students current difficulty level. For younger children, this may be as simple as a question of “What color is the sky?” with an answer of “blue”.

Are crosswords good for students?

Crosswords are a great exercise for students' problem solving and cognitive abilities. Not only do they need to solve a clue and think of the correct answer, but they also have to consider all of the other words in the crossword to make sure the words fit together.

Crosswords are great for building and using vocabulary.

If this is your first time using a crossword with your students, you could create a crossword FAQ template for them to give them the basic instructions.

Can I print my crossword template?

All of our templates can be exported into Microsoft Word to easily print, or you can save your work as a PDF to print for the entire class. Your puzzles get saved into your account for easy access and printing in the future, so you don’t need to worry about saving them at work or at home!

Can I create crosswords in other languages?

Crosswords are a fantastic resource for students learning a foreign language as they test their reading, comprehension and writing all at the same time. When learning a new language, this type of test using multiple different skills is great to solidify students' learning.

We have full support for crossword templates in languages such as Spanish, French and Japanese with diacritics including over 100,000 images, so you can create an entire crossword in your target language including all of the titles, and clues.