Abstract
In the field of economics, terminology plays a decisive role both in theory and in practice. Clear and precise definitions of terms are necessary to avoid confusion and misunderstandings and to avoid the substitution of one economic category for another. Misinterpretation and misuse of terms lead to wrong decisions that hamper the economic development of a country. The purpose of this article is to explore the importance of terminology in economic relations and shed light on the correct use of key terms.