business vocabulary

I received an email of my MSc Business Economics Course from Londonmet last week. They sugested me find some books related to my subject and read in advance. I found 'Business Economics' of Thompson, 2000 and some new vocabulary from it.

alocation (n) delivery
contract (v) to shorten
(n) agreement
equilibrium (n) a state of balance
moral hazard (n) risk, danger
moral (a) good or bad behaviour, fairness, honesty
rationality (n) reasonablity
nexus (n) link, group
communal (a) public
alienable (a) can transfer
managerial (a) relating a manager, management
entrepreneur (n) someone who starts their own business, especially when this involves risks
enterprise (n) factory, business organisation
observability (n) the ability of absering/ watching/ noticing
incentive (a) encourage
idiosyncratic (a) special characteristic
boundary (n) the edge or limit of something
breach (of faith and the takeover) (v) to break a promise, agreement, rule
hold-up (n) delay
bureaucracy (n) the system of managing a country
neoclassical (a) new classic
radical (a) believing or expressing the belief, basic view
critique (n) critic
flotation (n) remark, outstanding something
scarcity (n) rarely, something is not too easy to find
convention (n) agreement, for examble: Geneva convention
norm (n) standard
purely (n) completely
asymmetry (n) with two halves, sides or parts which are not exactly the same in shape and size
enormously (n) vast, giant
explicit (a) clearly
bilateral (contract) 2 parties in a contract
elaborate (v) disbrice something in detail


I also found the link of this book on internet so that i can reread it after i return this book to library. It is really an interesting book of business.
http://books.google.co.uk/books?id=lhLkGTFHOGIC&dq=the+economics+of+business+enterprise+-+martin+ricketts&pg=PP1&ots=rF3aA53FkB&sig=440k7x7RSnStu2QBp7jURFYOENo&hl=en&sa=X&oi=book_result&resnum=1&ct=result