Earning Money Vocab Flashcards
Abilities
Natural or acquired skills or talents.
Alternatives
Actions- the choice of one excludes choosing the other
Apprenticeship
A leaning period of up to five years having on the job training (with pay) and additional coursework at night
Aptitude
An inherent ability or talent
Associate’s Degree
A degree which generally takes two years of study, and is awarded by a community, junior, or business college
Bachelor’s Degree
An academic degree, which usually takes four years to earn, and is awarded by a college or university
Benefits
Forms of pay for a job other than salary
or wages, such as vacation and holidays.
Career Ladder / Career Path
Upward movement from an entry level job to the job that is a final goal.
A planned progression of jobs within one or more professions throughout one’s working life
Choice
The act of choosing or selecting
College
A four year institution of learning where students earn an undergraduate degree (BA or BS degree)
Community College
A two year college that emphasizes career training, or a less expensive way to complete the first two years of college before transferring to a four year college
Consequences
Something that results from a given action
Cooperative
A cooperative (also co-operative; often referred to as a co-op) is a business organization owned and operated by a group of individuals for their mutual benefit.
Cooperative Education
When a degree program is combined with internship in a company as part of practical education in the field.
Corporation
Chartered by the state in which it is headquartered, considered by law to be a unique entity, separate and apart from those who own it. The owners of a corporation are its shareholders. The corporation has a life of its own and does not dissolve when ownership changes.
Cost/Benefit
An analysis of the expected “costs” of different alternatives compared to expected benefits to help you determine the best alternative.
Cover Letter
A letter you send with your résumé to
provide more information about you.
Criteria
A standard in which a decision may be based on
Decision making
The mental process resulting in the selection of a course of action among several alternatives
Education
The process of acquiring knowledge and developing skills, often through formal education resulting in a specialized degree