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Flashcards for reviewing key vocabulary and concepts from Algebra, Company Reporting, and Grammar lectures.
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Algebra
Branch of mathematics concerning the study of the rules of operations and relations, and the constructions and concepts resulting from them.
Notation
A system of characters, symbols, or abbreviated expressions.
Algebraic number
An algebraic number can be expressed as the solution to a polynomial equation with integer coefficients.
Coefficient
A number that is multiplied by the variable(s) in a single term
Constant
A term that does not contain any variables.
Expression
A term or a combination of terms and operators.
Operator
A symbol for expressing a mathematical operation.
Variable
A literal expression representing an unknown number.
Equation
A mathematical statement that asserts that one expression or quantity is equal to another.
Identity
An equation which is always true, no matter what values are substituted.
Solve an equation
To find all values of a specified variable in the equation for which the statement is true.
Equivalent equations
Algebraic equations having identical solutions or roots.
Linear equation
Any equation that can be written in the form ax + b = 0 where a and b are real numbers and a ≠ 0.
Quadratic equation
An equation equivalent to one of the form ax² + bx + c = 0 where a, b, and c are real numbers and a ≠ 0.
Clear the equation of fractions
Multiply both sides of the equation by the least common multiple (LCM) of denominators
Expand parentheses
Eliminate or remove expressions / parentheses
Combine like terms
Use the commutative property to rearrange terms and collect like terms
Isolate the variable
Add or subtract to isolate the variable and move all terms with variable on one side and other terms on the other side
Inequality
An inequality is a statement involving two expressions, numerical or literal, separated by one of the inequality symbols
Solutions of the inequality
Values that make the statement true
Equivalent inequalities
Two inequalities having exactly the same solution set (they are true for the same values of the unknowns) are called equivalent.
warping
bending or twisting out of shape
revolutionized
to bring about a radical change
evolved
to develop gradually, esp. from a simple to a more complicated form
reveals
to make known (something concealed or unknown)
propels
to move, drive or push something forward or in a particular direction
acceleration
the increase in the speed at which something happens
hypotenuse
the side opposite the right angle of a right-angled triangle
formula
a mathematical rule expressed in a set of numbers and letters
vertices
a point where two lines meet to form an angle
sphere
a solid figure that is completely round
pure
not mixed with anything else; with nothing added; clear
particle
a very small piece of matter
reigning
theories of widespread influence
encapsulates
to express the most important parts of something in a few words
observed
to watch somebody/something carefully
seeds
the beginning; the early stages
backbone
the most important part of a system, an organization, etc.
theorem
a principle or idea
Finance
Enables it to start, operate, and grow. It provides the necessary resources to cover expenses, make strategic investments, and navigate the business environment
Capital
The financial foundation necessary for business operations.
Loans
Funds that must be repaid with interest.
Shares
Certificate representing ownership units in the company.
Shareholders
Investors claiming partial ownership of the business.
Bonds
Loans that accrue interest and are repaid at a predetermined future date.
Debt
Money owed to others.
Liabilities
Debts owed to suppliers for goods or services provided on credit.
Working capital
Funds a business uses for day-to-day expenses.
Revenue
All incoming funds to a company within a specific timeframe.
Dividend
Share of profit disbursed to shareholders.
Retain
Portion of profits kept for future use.
Listed companies
Financial statements that have to present their accounts to the public
Annual report
A comprehensive document that provides detailed information about a company's financial performance.
Accounts
Records used to track the financial activities of a business
Assets
Items that a company or individual owns that have monetary value and can be used to generate future economic benefits
Liabilities
Debts or obligations that a company owes to external parties, such as loans, accounts payable, and accrued expenses
Equity
The ownership interest in a company, representing the residual value of assets after deducting liabilities
Revenue
the total amount of money earned by a business from its primary activities
Expenses
Costs incurred by a business in its day-to-day operations to generate revenue
Gross profit
The difference between a company's total revenue and the cost of goods sold. It represents the profit generated from the core business activities before deducting operating expenses.
Operating activities
The day-to-day business activities involved in generating revenue for a company.
Overheads
Regular and ongoing expenses incurred by a business that are not directly tied to a specific product or service.
Net income
The total profit earned by a company after deducting all expenses, taxes, and other deductions from total revenue.
Investing activities
Relates to the acquisition and disposal of long-term assets or investments
Financing activities
Activities undertaken by a company to raise capital or finance its operations.
Monomial
Product of two or more factors each of which is either a number, a letter or a power of a letter
Variable
A literal expression representing an unknown number, value of which, when substituted for it, makes the equation true
Equation
A mathematical statement that asserts that one expression or quantity is equal to another
An identity
If the equation is true for all values of the variables
Solution set
Set of solutions of a given equation
Inequality
Compares two values, showing if one is less than, greater than, or simply not equal to another value
Operator
A symbol for expressing a mathematical operation
Like terms
Terms that have the same variable but may have different coefficients
Roots
The numbers that make a conditional equation true
Linear equation
algebraic equation in which each term is either a constant or the product of a constant and (the first power of) a single variable
Constant
Some number that always has the same value, such as 3 or 14.89
Quadratic equation
Having the form ax2+ bx +c=0 where x represents an unknown, and a, b, and c represent known numbers such that a is not equal to 0