How can we help?

You can also find more resources in our Help Center.

28 terms

Haney - Consumer Math Exam 2012

STUDY
PLAY
store brands
brand names owned by a store or chain of stores
security deposit
The money a renter pays to the landlord before moving in.
recreation
Activities you like to do in your free time to relax.
unit price
The price of one item or the price per unit of an item.
closing costs
The fees that you pay when you take ownership of a house.
bargain
Something offered or bought at a low price.
Nationally advertised brands
The brand names of items that are sold throughout the country and are advertised in newspapers and on t.v.
inventory
A list of supplies, materials, or equipment
landlord
A person who owns an apartment or house and rents it to others.
discount
An amount subtracted from the original price of an item.
down payment
The money paid in advance of the purchase of a house.
rent
The monthly fee paid to a landlord for a place to live.
lease
A legal contract between a renter and the landlord.
area
The number of square units that cover a surface.
mark-up
The difference between the wholesale price and the retail price.
MSRP
The price suggested by the manufacturer for a customer to pay for a new car.
sale price
The cost of an item that has been marked down.
legend
The key or explanation for each symbol on a map.
sales tax
Money paid to the government based on a percent of the cost of an item.
clearance sale
A markdown of prices in a store to reduce stock.
depreciation
A decrease in the value of an item because of use and age.
lodging
A place you can stay overnight, such as a hotel or motel.
lease
A written agreement to rent a vehicle for a certain period of time.
wholesale
The amount of money a store pays for an item.
trade-in
A used vehicle that a car dealer takes from a customer in part payment for another vehicle.
residual value
The value of a car at the end of a lease.
quality
How well made or well done something is.
down payment
Money you give the car dealer that lowers the amount left to pay on the car.