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Personal Finance
Flashcards for Vocab.
24
Finance
12th Grade
03/03/2012

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Cards

Term
Goal
Definition
Something someone intends to acquire,achieve,reach,or accomplish.
Term
Specific
Definition
Exact,clearly defined or explained.
Term
Measurable
Definition
Figure that can be objectively assessed---e.g, a measurable cost or time.
Term
Attainable
Definition
Able to reach---e.g, a budget amount that can be realized.
Term
Realistic
Definition
In keeping with reality, likely to happen.
Term
time-bound
Definition
Containing date with/when goal will be reached.
Term
Alternative
Definition
Option or choice.
Term
Pro
Definition
Reason in favor of an option;potential benefit.
Term
Con
Definition
Reason in opposition to an option; potential limitation or weakness.
Term
Impulse
Definition
Whim or sudden desire to do something; acting without thinking
Term
Habit
Definition
Learned behavior that is repeated over and over, usually without thinking.
Term
Cultural
Definition
Related to traditions, beliefs, roles, and communication styles of a group.
Term
Societal
Definition
Related to all people, collectively.
Term
Demographic
Definition
Statistical data about population(s).
Term
Economic
Definition
Related to state of economy, 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
Someting on 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
fundamental belief about what is desirable and worthwhile.
Term
Standard
Definition
Measure of quality or excellence.
Term
Priority
Definition
Relative importance a person places on a value, goal, or alternative.
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