4.8: Vocabulary Terms - Module 4
- Page ID
- 35879
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Vocabulary Term |
Definition (and Link as applicable) |
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Associate Degree |
A two-year undergraduate degree typically offered by community colleges. |
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Bachelor's Degree |
A four-year undergraduate degree typically awarded by colleges and universities. Also called the baccalaureate degree. |
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Career Goals |
Statements of specific intentions or decisions to achieve desired results related to one's career. |
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Certificate |
A document issued by an educational institution to individuals upon completing a specific program or course of study. |
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Compensation |
The salary and pay sufficient to cover one's living expenses and maintain a comfortable lifestyle. |
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Competencies |
A person's skills, knowledge, and abilities in a specific field or job role. |
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Employability Skills |
Personal skills and qualities that enhance a candidate's success in acquiring a job or advancing in a career. |
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Financial Aid |
Assistance provided to students to help cover the cost of their education, which may include scholarships, grants, and loans. |
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Grants |
A financial aid provided to students based on financial need, often awarded by government entities, educational institutions, or private organizations, that does not require repayment. |
|
Hard Skills |
Skills that are specific to a particular job or industry, such as technical abilities. |
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Interests |
Activities that one enjoys doing and finds satisfying. |
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Interpersonal Skills |
The ability to communicate, collaborate, and build professional relationships with others effectively. |
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Legacy Planning |
Preparing for one's wealth, assets, and estate to be passed on to future generations or charitable causes. |
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Licensing Exam |
A standardized test that individuals must pass to obtain a professional license in a specific field, such as real estate. |
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Loan (financial aid) |
A borrowed sum of money intended to cover educational expenses that must be repaid with interest. |
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Market Demand |
The trends and future growth prospects of a specific career field. |
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Philanthropy |
The act of giving time, money, or resources to charitable causes or organizations. |
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Real Estate Broker |
A licensed individual who can operate independently, supervise real estate agents, and engage in more complex real estate transactions. |
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Scholarship |
A financial award granted to students based on academic, athletic, artistic, or other achievements that does not require repayment. |
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Skills and Talent |
Areas of competence in job performance, which may include natural characteristics, learned traits, aptitudes, strengths, and readiness. |
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SMART Goals |
Goals that are Specific, Measurable, Achievable, Relevant, and Timely. |
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Soft Skills |
Personal abilities or characteristics, such as communication, leadership, and interpersonal skills, that apply to workplaces in general. |
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SWOT Analysis |
A strategic planning tool that evaluates an individual's or organization's Strengths, Weaknesses, Opportunities, and Threats to make informed decisions. |