Course Catalog / BMU 020 / Glossary
Glossary
Keep this page open while you study, or print it. See also the job aid.
- better buy
- The choice with the lower unit price for the same kind of item.
- convert
- Change a measure from one unit to another, like inches to feet.
- deduction
- Money taken out of your pay, like taxes.
- discount
- The amount taken off a price.
- estimate
- A close guess you can work out fast.
- gross pay
- All you earned before anything is taken out.
- net pay
- What you take home after deductions.
- ounce (oz)
- A small unit of weight or size. 16 ounces make 1 pound.
- percent (%)
- Out of 100. 25 percent means 25 out of every 100.
- quart
- A measure for liquids. 4 cups make 1 quart.
- round
- Change a number to a close, easy number, like $4.89 to $5.
- running total
- A sum you add to each time you pick something up.
- sales tax
- Money added to a price for the state or city. It is often a percent.
- tablespoon (Tbsp)
- A large measuring spoon. 3 teaspoons make 1 tablespoon.
- unit price
- The cost for one unit, like one ounce, one pound, or one item.