6th ACC Unit 5 Vocabulary

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Appreciation

Back

An increase in the value of an asset over time.

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Commission

Back

A fee paid to an agent or employee for transacting a piece of business or performing a service.

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Comparison by division of two quantities

Back

A method to compare two quantities by dividing one by the other, often resulting in a ratio.

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Constant rate of change

Back

A rate of change that remains the same and does not vary.

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Depreciation

Back

A decrease in the value of an asset over time.

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Markdown

Back

A reduction in price.

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Markup

Back

An increase in price, usually to cover costs and profit.

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Multiplicative comparison of two quantities

Back

A comparison where one quantity is multiplied by a factor to get the other quantity.

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Percent

Back

A part or other object per hundred.

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Percent decrease

Back

A reduction expressed as a percentage of the original amount.