Shared Flashcard Set

Details

1.02
Finance
24
Finance
12th Grade
02/27/2012

Additional Finance Flashcards

 


 

Cards

Term
Goal
Definition

Something a person intends to acquire, achieve, reach, or accomplish

Term
Specific
Definition
Exact, clearly defined or explained
Term
Measurable
Definition

A figure that can be objectively assessed---e.g, a measurable cost or time

Term

Attainable

Definition
Able to be reached---e.g., a budget amount that can be realized
Term
Realistic
Definition
In keeping with reality, likely to happen
Term
time-bound
Definition
Containing a date when a goal will be reached
Term
Alternative
Definition

An option or choice

Term
Pro
Definition

A reason in favor of an option; a potential benefit

Term
Con
Definition

A reason in opposition to an option; a potential limitation or weakness

Term

Impulse

Definition

A whim or sudden desire to do something; acting without thinking

Term
Habit
Definition

A learned behavior that is repeated over and over, usually without thinking

Term

Cultural

Definition

Related to the traditions, beliefs, roles, and communication styles of a group

Term

Societal

Definition

Related to all people, collectively

Term

Demographic

Definition

Statistical data about a population

Term

Economic

Definition

Related to the state of the economy, the financial balance of a population

Term

Technology

Definition

Products, resources, and systems used for specific purposes

Term

Media

Definition

Print, sound, and image channels through which information is conveyed

Term

Legal

Definition

Related to the law

Term

Moral

Definition

Related to a sense of right and wrong

Term

Need

Definition

Something one must have in order to live

Term

Want

Definition

Something one desires to improve quality of living that is not required to live

Term

Value

Definition

A fundamental belief about what is desirable and worthwhile

Term

Standard

Definition

A measure of quality or excellence

Term

Priority

Definition

The relative importance a person places on a value, goal, or alternative

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