All Words Glossary

Glossary of Economics Terms
beginning with letter F
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firm
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noun
  1. A business partnership, the name under which it trades.
  2. In economics, a collection of individuals grouped together for economic gain.
  3. (slang) A criminal gang
verb
  1. (transitive) Make firm or strong; fix securely.
  2. (transitive) Make compact or resistant to pressure; solidify.
  3. (intransitive) Become firm; stabilise.
  4. (intransitive) Improve after decline.
  5. (intransitive) Aust. To shorten (of betting odds).
adjective
  1. steadfast, secure, hard (in position)
  2. fixed (in opinion)
  3. solid, rigid (material state)

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