Money And Finance Flashcards
Discrepancy
A difference between tow figures that should be the same
Oversight
A mistake made because somebody failed to notice something
Mix-up
A mistake that causes confusion
Misleading
Causing someone to believe something that is not true
Inflate
To make higher than true figure
Overvalue
To give something a value that is too high
Odd numbers
1,3,5,7
Even nuners
2,4,6,8
Prime numbers
2,3,5,7,11
An approximately
An aggregate
A discrete number of
A constant number of
Tally
Match, agree
Deduct
Take away, subtract
Variables
Incidence
Magnitude
Salary
Money paid monthly by an employer
Wage
Is paid by the day or the hour, usually received weekly
Overtime
Money received for working extra hours
Commission
Money paid to salespeople and agents - a certain percentage of the income the employee generates
Bonus
Extra money is given for meeting a target or for good financial results
Fees
Money paid to professional people lawyers or architects