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Economy Vocabulary


            
             Do you have any proof of ownership of this car (=proof that it belongs to you)?.
            
             something or a number of things owned by someone, esp. buildings and land .
             He seems to have absolutely no respect for other people's property - he's already smashed up two cars belonging to other people. .
             The notice said 'Private Property, Keep Off.' [U].
             The club does not accept responsibility for loss of or damage to club members' personal property. [U].
             laissez-faire, laisser-faire [U] .
             unwillingness to get involved in or influence other people's activities .
             If a government has a policy of laissez-faire it does not have many laws and rules which control the buying and selling of goods and services. .
             interfere verb [I] .
             to involve yourself in matters which are connected with other people when your involvement is neither wanted nor helpful .
             I'd never interfere Br and Aus between a husband and wife/AM with a husband and wife.
             Interfering in other people's relationships is always a mistake.
             enterprise noun .
             an organization, esp. a business, or a difficult and important plan, esp. one that will earn money .
             Don't forget this is a commercial enterprise - we're here to make money. [C].
             Those were the years of private enterprise (=businesses being run privately, rather than by the government), when lots of small businesses were started. [U] .
             comply verb [I] FORMAL .
             to act according to an order, set of rules or request .
             It's difficult to teach if the students won't comply.
             There are serious penalties for failure to comply with the regulations.
             defend verb [T] .
             to protect against attack or criticism .
             How can we defend our homeland if we don't have an army?.
             I'm going to karate lessons to learn how to defend myself.
             White blood cells help defend the body against infection.
             They are fighting to defend their beliefs/interests/rights.
             .
             assist verb FORMAL .
             to help .
             We assisted the firefighters in extinguishing the blaze. [T].
             assistance noun [U] .


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