# Study sets matching "vocab chapter 7 business math"

Study sets

Diagrams

Classes

Users

cash value

budget

average monthly expenses

life insurance

The amount your life insurance policy is worth if it is cancel…

Future spending plans.

The sum of the monthly amounts spent on a particular expense d…

A way of protecting your family from financial hardship when y…

cash value

The amount your life insurance policy is worth if it is cancel…

budget

Future spending plans.

Credit Card

Charge Account

Account Statement

Finance Charge

a card authorizing purchase on credit

an existing line of credit at the business that issued it

a bank statement that shows the status of your account, includ…

interest charged by a credit card or charge account company fo…

Credit Card

a card authorizing purchase on credit

Charge Account

an existing line of credit at the business that issued it

Cash Discount

Chain Discount

complement

Credit Period

Discounts offered to pay bills one time

Series of Discounts

A trade discount rate is the difference between the discount r…

The time period sellers give buyers to their invoices

Cash Discount

Discounts offered to pay bills one time

Chain Discount

Series of Discounts

bonds

capital investment

cash value

coinsurance

written promise to repay the money loaned on the due date

amount of cash you originally invested plus anything you spent…

value of an insurance policy if it is cancelled cash surrender…

when the insured and the insurer share losses or costs

bonds

written promise to repay the money loaned on the due date

capital investment

amount of cash you originally invested plus anything you spent…

Getting the best deal on a purchase inv…

Good places to find a deal are

Why is cash a great bargaining tool

Joe tries to bargain at an electronics…

Having patience, Negotiating, and Shopping around

Individuals, Online Auctions, and Consignment Shops

Cash is emotional, visual and immediate

Walk Away Power

Getting the best deal on a purchase inv…

Having patience, Negotiating, and Shopping around

Good places to find a deal are

Individuals, Online Auctions, and Consignment Shops

Getting the best deal on a purchase inv…

Good places to find a deal are

Why is cash a great bargaining tool

Joe tries to bargain at an electronics…

Having patience, Negotiating, and Shopping around

Individuals, Online Auctions, and Consignment Shops

Cash is emotional, visual and immediate

Walk Away Power

Getting the best deal on a purchase inv…

Having patience, Negotiating, and Shopping around

Good places to find a deal are

Individuals, Online Auctions, and Consignment Shops

Actuaries

Automobile Liability Insurance

Beneficiary

Claim

a person who works with the collection and interpretation of n…

insurance that covers damages for bodily injury and property d…

person or persons designated to receive the proceeds of a life…

a from filled to request payment fro losses covered on an insu…

Actuaries

a person who works with the collection and interpretation of n…

Automobile Liability Insurance

insurance that covers damages for bodily injury and property d…

algebraic expression

base

coefficient

equivalent expression

an expression that contains at least one variable; example: 4x…

a number used as a repeated factor

a number that is multiplied by a variable

expressions that are equal to each other for any values of the…

algebraic expression

an expression that contains at least one variable; example: 4x…

base

a number used as a repeated factor

actuaries

automobiles liability insurance

beneficiary

claim

a person who works with the collection and interpretation of n…

insurance that covers damages for bodily and property damage f…

person who designated who receive the proceeds of a life insur…

a form filled to request payment for losses covered on an insu…

actuaries

a person who works with the collection and interpretation of n…

automobiles liability insurance

insurance that covers damages for bodily and property damage f…

Bond discount

bond premium

bonds

bondholder

when the amount of market value of a bond is less than the par…

when the market value of a bond is more than the par value

written promise to repay the money loaned on the due date

a person owning a bond issued by a government or company

Bond discount

when the amount of market value of a bond is less than the par…

bond premium

when the market value of a bond is more than the par value

Bond Discount

Bond Premium

Bonds

Bondholders

when the amount of market value of a bond is less than the par…

when the market value of a bond is more than par value

written promise to repay the money loaned on the due date

people who own the bonds

Bond Discount

when the amount of market value of a bond is less than the par…

Bond Premium

when the market value of a bond is more than par value

list price

Trade Discount Amount

Trade Discount

EOM

wholesaler, suggested retail price.

the amount of discount that retailers receive off the list pri…

the amount of discount that the wholesaler or retailer receive…

End of Month (first 10 days of next month)

list price

wholesaler, suggested retail price.

Trade Discount Amount

the amount of discount that retailers receive off the list pri…

mixed number

unit fraction

associative property of addition

commutative property of addition

an amount given as a whole number and a fraction

a fraction that has a numerator of one

the property that states that when the grouping of addends is…

the property that states that when the order of two or more ad…

mixed number

an amount given as a whole number and a fraction

unit fraction

a fraction that has a numerator of one

Circle Graph

Data

Scatter Plots

Box Plot

Measures categorical data ( puts it in categories) Each set of…

Information that is categorized into certain sets.

A way of displaying two numerical sets of data where two measu…

A graphic way of showing a summary of data using the median, q…

Circle Graph

Measures categorical data ( puts it in categories) Each set of…

Data

Information that is categorized into certain sets.

common factor

denominator

equivalent fractions

factor

A number that is a factor of two or more numbers

The number below the bar in a fraction that tells how many equ…

Fractions that name the same amount or part

A number multiplied by another number to find a product

common factor

A number that is a factor of two or more numbers

denominator

The number below the bar in a fraction that tells how many equ…

circle graph

complementary events

Fundamental Counting Principle

percent

A graph of data where the entire circle represents the whole o…

Two events in which either one or the other must take place, b…

Uses multiplication of the number of ways each event in an exp…

A ratio that compares a number to 100.

circle graph

A graph of data where the entire circle represents the whole o…

complementary events

Two events in which either one or the other must take place, b…

coefficient

terms

evaluate

numerical expression

a number that is multiplied by a variable

the parts of an expression that are separated by a addition or…

to solve the problem

a mathematical phrase that uses only numbers and operation sym…

coefficient

a number that is multiplied by a variable

terms

the parts of an expression that are separated by a addition or…

ascending

assets

annual percentage rate (APR)

balloon payment

an order of arrangement from low to high

anything of value owned by a person or company

the interest rate paid, expressed by percent, calculated on a…

the last highest payment

ascending

an order of arrangement from low to high

assets

anything of value owned by a person or company

Cash Value

Health Insurance

Premium

Hospitalization Insurance

The money that you get if you cancel your policy

protects against financial loss from medical bills

monthly installments that are deducted form your pay

Helps pay expenses of hospital stay

Cash Value

The money that you get if you cancel your policy

Health Insurance

protects against financial loss from medical bills

Cash Value

Health Insurance

Premiums

Hospitalization Insurance

the money that you get if you cancel your policy

protect against financial loss fro medical bills

monthly installments that are deducted from your pay

helps pay expenses of hospital stay (room, medicine, lab tests…

Cash Value

the money that you get if you cancel your policy

Health Insurance

protect against financial loss fro medical bills

order of operations

divide

dividend

divisor

a special set of rules that gives the order in which calculati…

to separate into equal groups

the number that is to be divided in a division problem

the number that divides the dividend

order of operations

a special set of rules that gives the order in which calculati…

divide

to separate into equal groups

Point

Ray

Line segment

Line

an exact location, it has no size, only position

a line with a start point but no end point

part of a line connecting two points

a straight line that continues in both directions without end

Point

an exact location, it has no size, only position

Ray

a line with a start point but no end point

life insurance

beneficiary

insurance policy

premium

insurance that protects your family from financial hardship wh…

the person you decide who will get your money when you die

contract which explains the details of your insurance

amount you pay to buy the insurance

life insurance

insurance that protects your family from financial hardship wh…

beneficiary

the person you decide who will get your money when you die