Unit 1 & 2 Consumer Skills

The practice of comparing the price of products or services from different vendors before buying, often to find the best deal or price.

• Comparison Shopping

• Deposit

• Statement

• Consumer

A voucher providing a discount for a particular item when purchased.

• Coupon

• Feature

• Promotion

• Tax

A deduction from the usual cost of something.

• Discount

• Tip

• Consumer

• Deposit

An opportunity that encourages you to purchase a specific item (ex. a discount).

• Promotion

• Receipt

• Withdrawl

• Statement

A document acknowledging that a person has received money or property after a sale. (Something you get after you purchase and item or service)

• Receipt

• Subtotal

• Check

• Gift Card

A mandatory financial charge that the government adds to the cost of some goods, services, and transactions.

• Tax

• Tip

• Discount

• Total

A sum of money (added to the bill total) given by a customer to a waiter or waitress for their service.

• Tip

• Tax

• Statement

• Peer to Peer App Payment

A type of bank account that allows a person to deposit and withdraw their money. (You usually have a debit card linked to it)

• Checking Account

• Debit Account

• Transaction Account

• Comparison Account

A person who purchases goods and services for personal use.

• Consumer

• Server

• Check

• Cashier

Allows a customer to take out physical currency from their bank account.

• ATM-Automatic Teller Machine

• GDP-Gross Domestic Product

• GPA-Grade Point Average

• ACM-Automatic Cash Machine