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Giving to Others

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Term
Definition
advocacy   supporting/favoring a cause  
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altruism   concerned for the welfare of others  
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crowd funding   fund raising small amounts of $ through donations from many people; via Internet usually  
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estate plan   outline of procedures in case of death  
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expense   $ spent  
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financial planning   money-management w/ secure understanding  
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healthy giving   individual gives out of excess in his life to fuel positive emotions in the giver and receiver  
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opportunity cost   value of the next best thing in a trade off  
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philanthropy   desire to promote the welfare of others; expressed through healthy giving  
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pro-social spending   $ spent on others  
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public service announcement (PSA)   advertisement intended to raise awareness of an event  
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resources   anything utilizable to meet objectives  
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social capital   interpersonal values, including trust  
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social enterprise   organization that applies commercial strategies maximize human and environmental well-being  
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spending plan   budget; income and expense statements that records planned and actual income and expenses over a certain time period  
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time utility   satisfaction received from time given up  
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trade off   giving up one thing for another  
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unhealthy giving   diminishes well-being for the giver and receiver  
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utility   measure of satisfaction  
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value   beliefs about what is desirable and important to an individual  
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well-being   feeling good about one's life  
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Created by: Tate.cord70
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