Modern America Vocabulary

immigrant

• a person who left his or her country to live somewhere else

• a person who moves within their own country

• a person who visits another country temporarily

• a person who is born in a foreign country

shareholder

• people who invest their money in a corporation by buying shares of stock (partial owner)

• individuals who manage the daily operations of a company

• people who lend money to a corporation without owning shares

• investors who only buy bonds and not stocks

trust

• a combination of businesses formed by a legal agreement, usually to reduce competition

• a type of financial investment that guarantees returns

• a legal document for personal property ownership

• a method of building customer loyalty through rewards

philanthropist

• a person who seeks to promote the welfare of others by using their money to benefit the community

• a person who collects money for personal gain

• a person who avoids charitable activities

• a person who only donates to political campaigns

urban

• describes or relates to a city

• pertaining to rural areas

• a type of architecture

• a form of transportation

union

• organization of workers formed to demand better working conditions or higher salary (pay) from their employer

• a group of employers collaborating to reduce wages

• a legal contract between an employee and employer

• a social club for workers to meet and socialize

tenement

• a luxurious apartment building with high-end amenities

• a building in which many families rent rooms or apartments, these are usually dirty and lack safety

• a single-family home in a suburban area

• a commercial building used for offices and businesses

rural

• describes or relates to the country

• pertaining to urban areas

• characterized by high population density

• related to industrial activities

corporation

• a company that sells shares of its business to the public

• a type of partnership where profits are shared equally

• a government entity that regulates trade

• a small business owned by a single individual

sweatshop

• a shop or factory where workers work long hours at low wages under unhealthy conditions

• a place where people go to relax and enjoy leisure activities

• a factory that produces high-quality goods with fair labor practices

• a store that sells clothing at discounted prices