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TOG Y4 W12 Terms
Term | Definition |
---|---|
Administration | the managing of something (as a business or school), or the people in charge of managing something |
Agency | an organization that offers a service for other businesses or for individuals |
Aid | help or assistance |
Deposit | money placed in a bank or other institution to keep it safe |
Economy | management of limited resources and the productiveness of those resources. Greek word oikonomia meant "management of the household” and was concerned with many things besides money; now, the term chiefly refers to the financial condition of a nation |
Program | a plan of what is to be done or performed |
Policy | 1) a plan of action; 2) a written contract between an insurer and a customer |
Wages | the money paid to a worker |
Assistance | the act of helping or giving support |
Benefits | something gained by a person from an employer or government beyond strict wages, usually involving insurance and payment for necessities |
Conservation | 1) careful preservation (especially of the environment or natural resources) against harm, waste, or loss; 2) formal supervision of natural resources so that they might be preserved and protected through stewardship |
Construction | 1) the act of building or assembling something 2) a thing which is so built; a structure |
Erosion | the process of gradually eating or chipping away at something; used especially of soil |
Industrial | referring to manufacturing or to a business which makes a product (as opposed to a business that supplies a service) |
Pension | a regular payment of non-wage money to a person, usually because of long service in a particular role or because of injury |
Welfare | aid provided by the government to unemployed people or to those in financial trouble |
Agriculture | cultivating the soil to make it grow crops; often synonymous with farming. |