Shared Flashcard Set

Details

Finacial Vocab.
N/A
7
Business
7th Grade
05/20/2013

Additional Business Flashcards

 


 

Cards

Term
Discount
Definition
A percent or amount of decrease in the priice an item.
Term
Tip
Definition
A percent earned by a person for providing a service.
Term
Wholesale price
Definition
The price a retail store pays manufacture.
Term
Markup
Definition
A percent or amount increase a retal store charges to earn profit.
Term
Retail price
Definition
The price at which a store sells items to customers
Term
Commission
Definition
A percent of total sales earned by an employee or business
Term
Profit
Definition
The difference of the income and the expenses for a business
Supporting users have an ad free experience!