Buildings and structures constructed by the government for public use, such as roads, bridges, schools, hospitals, etc.

A publicity or press agent who publicises organisations, people, etc.

In advertising, to exaggerate the qualities of a product, etc., without actually breaking the law.

Used in marketing to create a demand for a product by means of advertising and promoting to the end consumer, rather than through the marketing channel. To ‘pull’ the product through from distributor to final consumer.

The illegal practice of artificially boosting share prices by false and misleading statements in order to sell the originally cheap shares at much higher prices.

Inflicting or concerned with punishment, for example punitive taxes, punitive justice.

Damages awarded, over and above general damages, by a court of law against a defendant who has committed a malicious act which has resulted in injury to a person or damage to property, in order to deter the defendant from committing similar acts in future.

A record of a company’s accounts which shows amounts owed to suppliers for items purchased on credit.

A company employee who is responsible for the purchasing of equipment, materials and services from suppliers and contractors.

Also called spending power, the amount of goods or services which can be purchased with a particular currency, or more generally, the amount of money a person or group has available to spend on goods and services. The term may also emphasise a group or organization’s ability to achieve heavily discounted prices or rates due […]