Vocabulary III Flashcards
Money laundering
The process of creating the appearance that large amounts of money obtained from serious crimes, such as drug trafficking or terrorist activity, originated from a legitimate source.
Ethos
The underlying sentiments or beliefs that define a people, race, class, group, etc.
Fungible
(especially of goods) able to be exchanged or replaced by another of a like kind.
Divisive
Creating discord or dissension.
Dissension
Disagreement
Equitable
Fair.
Reasonable.
Equity
1) . Fairness. Justness. (Ex: “the equity of our legal system”)
2) . The monetary value of a property or business beyond what is owed on it in mortgages, claims, liens, etc. (Ex: “they have avoided tapping into their home equity for unnecessary expenses”).
Bottom out
To reach the lowest state or level
Concur
Agree with.
Example: “do you concur with his statement?”
Parameters
Limits or boundaries.
Example: “he exceeded the parameters of his authority.”
Margin
An amount allowed beyond what is actually necessary.
Example: “to allow a margin for error.”
Iniquity
Injustice.
Wickedness.
Cross section
A sample showing all the distinctive parts, relationships, etc.
Example: “a cross section of American opinion”
Perfidy
Treachery.
Betrayal.
Pare
Cut back.
Clip.
