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FIN 367 Chapter 1 Review

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Full list of words from this list:

  1. uncertainty
    the state of being unsure of something
  2. gambling
    the act of playing for stakes in the hope of winning
  3. stakes
    the money risked on a gamble
  4. agent
    a representative who acts on behalf of others
  5. agency
    the state of being in action or exerting power
  6. fairly
    without favoring one party, in a fair evenhanded manner
  7. smooth
    having a surface free from roughness or irregularities
  8. standard of life
    the level of material goods and services available
  9. purpose
    what something is used for
  10. goal
    the state of affairs that a plan is intended to achieve
  11. foundation
    the basis on which something is grounded
  12. basic
    reduced to the simplest and most significant form possible
  13. match
    a formal contest in which people or teams compete
  14. allow for
    make a possibility or provide opportunity for
  15. cater
    give what is desired or needed
  16. ply
    use diligently
  17. diligence
    conscientiousness in paying proper attention to a task
  18. buyer
    a person who buys
  19. lender
    a person or institution that loans money
  20. premium
    having or reflecting superior quality or value
  21. feature
    a prominent attribute or aspect of something
  22. hopefully
    it is hoped
  23. reward
    compensation for worthy acts or retribution for wrongdoing
  24. further
    to or at a greater extent or degree or a more advanced stage
  25. contingency
    the state of being dependent on something
  26. insight
    clear or deep perception of a situation
  27. trade
    the commercial exchange of goods and services
  28. outcome
    something that results
  29. valuable
    having worth or merit
  30. yield
    give or supply
  31. lowering
    the act of causing something to move to a lower level
  32. lower
    move something or somebody to a lower position
  33. throughout
    from first to last
  34. likely
    having a good chance of being the case or of coming about
  35. overwhelm
    overcome, as with emotions or perceptual stimuli
  36. household
    a social unit living together in a residence
  37. stream
    a natural body of water flowing on or under the earth
  38. ensure
    make certain of
  39. gamble
    take a risk in the hope of a favorable outcome
  40. skewness
    an oblique or slanting asymmetry
  41. consistently
    in a systematic or steady manner
Created on Mon Jan 26 14:13:32 EST 2009

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