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500 Vocabulary
PF
| Term | Definition |
|---|---|
| amygdala | the part of your brain that helps regulate your stress responses |
| prefrontal cortex | the part of your brain that controls memory, impulses, and thoughts |
| retail therapy | the shopping people do to lift their mood when they’re discontented |
| impulse buying | buying anything without planning to do so in advance |
| buyer's remorse | a feeling of guilt, regret, or unease after making a purchase |
| consumerism | the theory that spending money and consuming goods is good for the economy |
| marketing | the process of communicating the value of a product or service to customers |
| brand recognition | the public’s ability to recall and recognize a brand by its logo, jingle, packaging, or name |
| manufacturer's warranty | a promise from the manufacturer that a product will be replaced or repaid if it’s faulty |
| extended warranty | extra coverage for the repair of replacement of items purchased |
| opportunity cost | the financial opportunity that is lost when you choose to do something else with your money |
| card fraud | the unauthorized use of your debit or credit card number and PIN or the forging of your signature |
| identity theft | the act of fraudulently gaining and using the personal information of someone else, usually for financial gain |
| contentment | the state of being satisfied with who you are and what you have in life |
Created by:
dupreejp
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