1.

Feasibility study- The analysis of a problem to determine if it can be solved

effectively. The operational (will it work?), economical (costs and benefits) and technical
(can it be built?) aspects are part of the study. Results of the study determine whether
the solution should be implemented.
2.
Personal income-Total compensation received by an individual. Personal income
includes compensation from a number of sources - salaries, wages and bonuses received
from employment or self-employment; dividends and distributions received from
investments; rental receipts from real estate investments; profit-sharing from a business
and so on. In most jurisdictions, personal income above a certain exemption threshold is
subject to taxation. Personal income is generally computed on a pre-tax basis.
Also referred to as "gross income."
3.

Building society- is a financial institution owned by its members as a mutual

organization. Building societies offer banking and related financial services especially
savings and mortgage lending. These institutions are found in the United Kingdom (UK)
and several other countries.

Market Research- The process of gathering, analyzing and interpreting information

about a market, about a product or service to be offered for sale in that market, and about
the past, present and potential costumer for the product or service; research into the
characteristics, spending habits, location and needs of your businesss target market, the
industry as a whole and the particular competitors your face.
5.
Stationary- Access providers ISPs provide Internet access, employing a range of
technologies to connect users to their network. Available technologies have ranged from
computer modems with acoustic couplers to telephone lines, to television cable (CATV),
wireless Ethernet, and fiber optics.
6.
Interest is money paid by a borrower to a lender for a credit. The most common forms of

4.

interest include bond yields, interest paid for bank loans, and interest paid on saving deposits. In
economics, these various forms of credit are also referred to as loanable funds. When money is
borrowed, interest is typically calculated as a percentage of the principal, the amount owed to the
lender. The percentage of the principal that is paid over a certain period of time (typically a year) is
called the interest rate. Interest rates are market prices which are determined by supply and demand.
They are generally positive because loanable funds are scarce.

Advertising is a form of marketing communication used to persuade an

audience to take or continue some action, usually with respect to a commercial offering,
or political or ideological support. In Latin, means "to turn toward".
8.
Accounting- Accounting or accountancy is the measurement, processing and
7.

communication of financial information about economic entities. It was established by

the Italian mathematician, in 1494. Accounting, which has been called the "language of
business", measures the results of an organization's economic activities and conveys this information
to a variety of users including investors, creditors, management, and regulators. Practitioners of
accounting are known as accountants. The terms accounting and financial reporting are often used
as synonyms.
Accounting can be divided into several fields including financial accounting, management
accounting, auditing, and tax accounting. Financial accounting focuses on the reporting of an

organization's financial information, including the preparation of financial statements, to external

users of the information, such as investors, regulators and suppliers and management accounting
focuses on the measurement, analysis and reporting of information for internal use by
management. The recording of financial transactions, so that summaries of the financials may be
presented in financial reports, is known as bookkeeping, of which double-entry bookkeeping is the
most common system.

9. Lease - A lease is a contractual arrangement calling for the lessee (user) to pay
the lessor (owner) for use of an asset.

10. Superannuation- regular payment made into a fund by an employee toward a

future pension.
a superannuation fund"
1. a superannuation pension paid to a retired person.
2. the process of superannuating an employee.
11.

Insurance- A contract (policy) in which an individual or entity receives financial

protection or reimbursement against losses from an insurance company. The company

pools clients' risks to make payments more affordable for the insured.
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