Incentives Influence Us!
Glossary terms from:
A sum of money paid regularly to a person, often by a parent to a child; sometimes paid in compensation for services rendered.
A written order to a financial institution directing the financial institution to pay a stated amount of money, as instructed, from the customer's account.
Decision made or course of action taken when faced with a set of alternatives.
Reaching a conclusion after considering alternatives and their results.
Any reward or benefit, such as money, advantage or good feeling, that motivates people to do something.
Money paid regularly, at a particular rate, for the use of borrowed money.
Anything that is generally accepted as final payment for goods and services; serves as a medium of exchange, a store of value and a standard of value. Characteristics of money are portability, stability in value, uniformity, durability and acceptance.
Effort applied to achieve a purpose or result, often for pay; skills and knowledge put to use to get something done; employment at a job or in a position; occupation, profession, business, trade, craft, etc.