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Financial Literacy. Alicia. Prototype. the original or model on which something is based or formed. Invention. an act or instance of creating or producing by exercise of the imagination, especially in art, music, etc. Patent.
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Financial Literacy Alicia
Prototype • theoriginal or model on which something is basedorformed.
Invention • anactorinstance of creating or producingby exercise of the imagination,especially in art, music,etc.
Patent • the exclusive rightgranted by a government to an inventor to manufacture,use, or sell an invention for a certain number of years.
Credit • the ascription or acknowledgmentofsomething as due or properlyattributable to a person,institution,etc.:
Operating Cost • theexpense of maintaining property (e.g., paying property taxes andutilitiesandinsurance); it doesnot include depreciation or the cost offinancingorincometaxes
Fixed Cost • acostunvaryingwith a changein the volume of business ( distinguishedfromvariable cost).
Taxes • asumofmoney demanded by a government for its support or for specificfacilities or services, levied upon incomes, property, sales, etc.