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Colored Stones 11
Carat Weight and the Gem Business
10
Geology
Post-Graduate
08/28/2018

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Cards

Term
Consignment
Definition
a selection of goods loaned to a dealer by another wholesaler or a gem cutter
Term
Matching Tray
Definition
a grooved, neutrally colored, non-reflective tray, used to match sets of stones
Term
Memo
Definition
buying agreement where a dealer entrusts merchandise to a client for inspection and approval without requiring immediate payment
Term
Metric Carat
Definition
the international unit of measurement for gem weight; 1ct =0.20gram
Term
Price Per Carat
Definition
the price of a gem divided by its carat weight
Term
Point
Definition
one one-hundredth of a carat (0.01ct)
Term
Scoop
Definition
a small shovel made of thin metal, used for picking up gems
Term
Sieve Set
Definition
set of circular plates, each punched with precisely sized holes, used to sort small, round gems by size
Term
Sorting Pad
Definition
a neutrally colored paper pad on which dealers sort and show gems
Term
Unit Price
Definition
the price per piece
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