Vocabulary for Money Problems

Original Price

• How much 1 item costs.

• The gain of money earned from any business activity.

• The price you see on the tag.

Discount

• When you reduce the price.

• The amount of money that is given to a person for their services.

• Final amount after the purchase including tax.

Sale Price

• How much a seller increases the price from what they paid for it.

• The price after the original price has been reduced by a discount.

• How much a seller decreases the price in order to increase sales.

Unit Price

• How much 1 item costs.

• Final amount after the purchase including tax.

• The sum total of the cost price and the profit after markup set by the seller.

Tip

• The price you see on the tag.

• The amount of money paid to an employee or company as an incentive to sell more.

• The amount of money that is given to a person for their services.

Commission

• The amount of money paid to an employee or company as an incentive to sell more.

• How much a seller decreases the price in order to increase sales.

• How much 1 item costs.

Markup

• When you reduce the price.

• How much a seller increases the price from what they paid for it.

• Final amount after the purchase including tax.

Profit

• How much a seller decreases the price in order to increase sales.

• The price you see on the tag.

• The gain of money earned from any business activity.

Total Price

• Final amount after the purchase including tax.

• The sum total of the cost price and the profit after markup set by the seller.

• The amount of money that is given to a person for their services.

Markdown

• The sum total of the cost price and the profit after markup set by the seller.

• How much a seller decreases the price in order to increase sales.

• How much a seller increases the price from what they paid for it.