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VOCABULARY LISTS > USER LISTS

FIN 367 Chapter 1 Review 41 words

January 26, 2009 By Guyors (Austin, TX)

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Definitions Notes & Examples Words Only
  1. uncertainty
    the state of being unsure of something
  2. gambling
    the act of playing for stakes in the hope of winning (including the payment of a price for a chance to win a prize)
  3. stakes
    the money risked on a gamble
  4. agent
    a representative who acts on behalf of other persons or organizations
  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 bumps or ridges or irregularities
  8. standard of life
    a level of material comfort in terms of goods and services available to someone or some group
  9. purpose
    what something is used for
  10. goal
    the state of affairs that a plan is intended to achieve and that (when achieved) terminates behavior intended to achieve it
  11. foundation
    the basis on which something is grounded
  12. basic
    reduced to the simplest and most significant form possible without loss of generality
  13. match
    a formal contest in which two or more persons or teams compete
  14. allow for
    make a possibility or provide opportunity for; permit to be attainable or cause to remain
  15. cater
    give what is desired or needed, especially support, food or sustenance
  16. ply
    use diligently
  17. diligence
    conscientiousness in paying proper attention to a task; giving the degree of care required in a given situation
  18. buyer
    a person who buys
  19. lender
    someone who lends money or gives credit in business matters
  20. premium
    a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.
  21. feature
    a prominent attribute or aspect of something
  22. hopefully
    it is hoped
  23. reward
    a recompense for worthy acts or retribution for wrongdoing
  24. further
    to or at a greater extent or degree or a more advanced stage (`further' is used more often than `farther' in this abstract sense)
  25. contingency
    the state of being contingent on something
  26. insight
    clear or deep perception of a situation
  27. trade
    the commercial exchange (buying and selling on domestic or international markets) of goods and services
  28. outcome
    something that results
  29. valuable
    something of value
  30. yield
    give or supply
  31. lowering
    the act of causing something to move to a lower level
  32. lower
    look angry or sullen, wrinkle one's forehead, as if to signal disapproval
  33. throughout
    from first to last
  34. likely
    has a good chance of being the case or of coming about
  35. overwhelm
    cover completely or make imperceptible
  36. household
    a social unit living together
  37. stream
    a natural body of running 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 consistent manner