Generally the terms used in Economics and Commerce do not carry the literal meaning. Due to this reason the students and general readers face a lot of difficulty in understanding the various concepts of Economics and Commerce. For example, ‘Bulls and Bears’ carry the literal meaning of animals but in term of stock exchange, they refer for higher and lower values of shares. So, to keep you aware about the financial, economic and commerce related terminology we have made our sincere efforts while compiling this glossary. We hope that the glossary will ease your approach to the concepts of Economics and Commerce. The detailed discussion of the words will definitely play the role of a teacher to the students.