Principles of Business, Unit 4: Chapter 16

This list focuses on money management and financial planning (Unit 4, Chapter 16).

Here are links to all the chapters of Unit 4, Personal Financial Management: Chapter 15, Chapter 16, Chapter 17, Chapter 18, Chapter 19, Chapter 20

Here are links to all the units of the business textbook published by South-Western Cengage Learning: Unit 1, Unit 2, Unit 3, Unit 4
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Full list of words from this list:

words only definitions & notes
  1. manager
    someone who controls resources and expenditures
  2. assets
    anything of material value owned by a person or company
  3. satisfy
    fill or meet a want or need
  4. status
    the condition or someone or something at a particular time
  5. variable
    liable to or capable of change
  6. variance
    a difference between conflicting facts or claims or opinions
  7. allowance
    an amount granted, as during a given period
  8. estimate
    an approximate calculation of quantity or degree or worth
  9. expenditure
    the act of spending money for goods or services
  10. earn
    make money on some commercial or business transaction
  11. investment
    money that is committed with an expectation of profit
  12. income
    the amount of money one makes over a period of time
  13. deduction
    a decrease in the gross amount on which a tax is calculated
  14. exemption
    deduction allowed to a taxpayer because of his or her status
  15. credit
    an accounting entry acknowledging income or capital items
  16. financial
    involving fiscal matters
  17. retirement
    the state of being withdrawn from one's business
  18. account
    a contractual relationship to provide for banking services
  19. estate
    everything you own; all of your assets and liabilities
  20. annuity
    income from capital investment paid regularly
  21. certify
    guarantee as meeting a certain standard
  22. transaction
    conducting business within or between groups
  23. category
    a general concept that marks divisions or coordinations
  24. realistic
    aware or expressing awareness of things as they are
  25. approach
    ideas or actions intended to deal with a problem
  26. royalty
    payment to the holder of a patent or copyright or resource
  27. commission
    a fee for services rendered
  28. pension
    regular payment to allow a person to subsist without working
  29. withhold
    retain and refrain from disbursing, of payments
  30. defer
    hold back to a later time
Created on Thu Oct 20 16:45:25 EDT 2016 (updated Thu Oct 27 17:06:06 EDT 2016)

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