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glossary
> View glossary Terms
View Glossary Terms
Term
Definition
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Accounts :
A record of any monetary transactions
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Adjective :
Word that describes a noun or pronoun (example:TALL man, BLUE dress, etc.)
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Adverb :
Word that describes a verb, adjective or another adverb (example: EASILY finished)
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Advertisement :
Act of attracting attention to induce purchase
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Agreement :
Subject and verb match in number
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Ambassador :
An unofficial representative of a business or organization
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APR :
Annual Percentage Rate - interest rate paid per dollar per year for borrowed money
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As Is :
Product will be sold with a blemish, missing part, or some other irregularity without a guarantee or warranty
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Associate :
Connect new information to something you already know
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ATM :
Automated teller machine; allows user to withdraw cash, transfer money between accounts, and make deposits
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Audit :
Examination of records to check for accuracy
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Bankrupt :
Condition of being unable to pay one’s debts; without resources
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Beneficiary :
Person or organization that receives insurance payment as a result of an insured event occurring
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Budget :
A plan for managing income and expenses; spending plan
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Candidate :
One who is nominated or aspires to be nominated for an elected office
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Career Cluster :
A broad field containing a number of related occupations
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Cash Value :
The money that builds up in the savings portion of some kinds of life insurance policies
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Caucus :
A statewide gathering of each party's local activists which indicates which presidential candidate is preferred by the state party's members by choosing delegates
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Charge :
To buy an item without paying cash at the time of the sale
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Charity :
Generosity toward those in need
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