A virtual good is a good sold and purchased in a virtual realm, like an online community for example.

 

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A vertical market is a market consisting companies and customers that are all interconnected around a specific market niche. Companies in a such market are tending to the market’s needs and do not serve a broader market. 

 

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Fixed-dollar value collar is a strategy that a company incorporates during a merger. Through it the company can shield itself from changes in the share price of the acquiring company’s shares.

 

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Financial literacy is the education or at least basic understanding of different financial areas including managing personal finance, or topics concerning money, trading and investing. 

 

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