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Glossary of sat

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Created by elisarodezno@hotmail.com

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Technology
application of science
human Capital
things that make humans more productive
savings
unspent income
investment
spending money to make money
income
money earned for use of a production factor
wealth
sum assets owned by an economic actor
assets
valuable items owned by an economic actor
wages
money earned from labor
rent
money earned in return for the use of a factor of production
interest
money earned in return for the use of money
profit
money left over after all production costs
dividend
division of profit to shareholders
marginal physical product
additional units of production created by addiction labor units
marginal revenue product
money earned by employing additional units of labor
Accolade
Praise
Allusion
indirect reference
Analogy
Comparison
Ambivalent
Unable to decide
Anecdote
short account of something interesting; story
Anomalous
odd; not fitting the pattern
Aspersion
negative feeling; damaging remark
Belligerence
aggression
Bombastic
too elaborate; exaggerated
Candid
truthful
Capricious
changeable; fickle
Cherished
cared for; firmly-held
Cliche
over-used expression
Conception
1. idea; view. 2. beginning of pregnancy
Convoluted
complicated or long-winded
Credence
belief
Cryptic
hidden
Currency
1. widespread acceptance, 2. money
Decorous
good and correct (used of behavior)
Denunciation
act of speaking out against
Derailed
thrown off course
Derivative
unoriginal
Despotic
acting like a tyrant
Detritus
rubbish
Diaphanous
very thin and transparent
Dictum
often-used saying
Dilettante
person who dabbles in the arts
Disdained
showed contempt for
Dispassionate
unbiased; fair
Dowager
an elderly woman of elevate social status
Dubious
doubtful
Egalitarian
equal; believer in equality
Elicit
draw out (used mainly for information or feelings)
Elliptical
1. shaped like an ellipse, 2. indirect
Epitomizes
acts as a typical example of
Equivocate
speak ambiguously/vaguely
Evasiveness
trying to avoid something
Explicitly
very clear; nothing hidden
Foraging
searching for food
Hypothetical
based on guesswork; not proven

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