# 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.

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

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…

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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

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

right angle

obtuse angle

acute angle

straight angle

an angle that equals 90 degrees

an angle that is more than 90 degrees and less than 180 degrees

an angle that is less than 90 degrees

an angle that equals 180 degrees

right angle

an angle that equals 90 degrees

obtuse angle

an angle that is more than 90 degrees and less than 180 degrees

credit card

charge account

account statement

finance charge

A card authorizing purchases 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 fr…

credit card

A card authorizing purchases on credit.

charge account

An existing line of credit at the business that issued it.

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

exponential notation

exponent

factor

line graph

mathematical method for writing longer multiplication problems…

power to which a given number or expression is to be raised, u…

a number or quantity that when multiplied with another produce…

type of chart which displays information as a series of data p…

exponential notation

mathematical method for writing longer multiplication problems…

exponent

power to which a given number or expression is to be raised, u…

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

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

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…

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

algebraic expression

base

coefficient

equivalent expression

an expression that contains at least one variable, for example…

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, for example…

base

a number used as a repeated factor

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

known fact

inverse operation

decompose

Identity Property of Multiplication

A fact I have memorized.

Two operations that undo each other, such as multiplication an…

To separate, or take apart a number.

The property that states that any number multiplied by one, th…

known fact

A fact I have memorized.

inverse operation

Two operations that undo each other, such as multiplication an…

Coordinate Plane

Evaluate

Numerical Expression

Ordered Pair

A plane that is formed when two number lines intersect at a ri…

To find the value of a numerical expression by completing each…

A combination of numbers and at least one operation, such as 9…

A pair of numbers that is used to name a point on a coordinate…

Coordinate Plane

A plane that is formed when two number lines intersect at a ri…

Evaluate

To find the value of a numerical expression by completing each…

Guaranteed Investment Certificate (GIC)

Non-redeemable Guaranteed Investment Ce…

Treasury bills (T-bills)

Commercial Paper

This is a type of investment. It is a Canadian investment that…

This is a type of investment. The deposited funds cannot be wi…

This is a type of investment. T-bills are contracts issued to…

This is a type of investment. These are issued by corporations…

Guaranteed Investment Certificate (GIC)

This is a type of investment. It is a Canadian investment that…

Non-redeemable Guaranteed Investment Ce…

This is a type of investment. The deposited funds cannot be wi…

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Associative Property of Addition

Commutative Property of Addition

Composite number

Denominator

The property that states that you can group addends in differe…

The property that states that when the order of two fractions…

A number having more than two factors.

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

Associative Property of Addition

The property that states that you can group addends in differe…

Commutative Property of Addition

The property that states that when the order of two fractions…

Equal Sign

Solution

Inverse Operations

Division Property of Equality

Used in a mathematical sentence to show that two expressions a…

is the value of a variable.

Operations that undo each other

When you solve an equation by dividing both sides of the equat…

Equal Sign

Used in a mathematical sentence to show that two expressions a…

Solution

is the value of a variable.

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