Hace Test 3

Front 1

additives

Back 1

substances added to food either intentionally or accidentally

Front 2

biotechnology

Back 2

the use of biological systems or organisms to create or modify products

Front 3

boycott

Back 3

the act of refraining from or refusing to purchase certain items in protest to achieve a certain objective

Front 4

calories

Back 4

units by which energy is measured

Front 5

delaney clause

Back 5

a clause stating that no substance known to cause cancer in animals or human beings at any dose level shall be added to foods

Front 6

end of aisle displays

Back 6

groups of featured products placed at the end of store aisles that sometime cost more than similar products of another brand placed midaisle

Front 7

expiration date

Back 7

the last day the consumer should use the product

Front 8

food allergy

Back 8

a reaction of the bodys immune system to a food or food ingredient (usually a protein)

Front 9

food irradiation

Back 9

the process of treating food with gamma rays, x rays, or high voltage electronics to kill potentially harmful pathogens that cause food borne illnesses. also a process used to reduce spoilage and extend shelf life of food products

Front 10

foods

Back 10

products from plants or animals that can e taken into the body for energy and nutrients to sustain life and growth

Front 11

genetic engineering

Back 11

the modification of genetic materials to produce new substances or perform new functions through the use of a biotechnology

Front 12

GRAS list

Back 12

an acronym for generally recognized as safe that refers to food additives that have long been in use and that are believed to be safe

Front 13

loss leader

Back 13

a very low priced advertised special to bring in shoppers

Front 14

nutrition

Back 14

the science of foods and nutrients and their actions within the body

Front 15

open dating

Back 15

a system of placing a date on a perishable product that indicates when the product should be sold or consumed

Front 16

organically grown foods

Back 16

crops grown and processed according to usda regulations

Front 17

pack date

Back 17

the date that a product is packaged or manufactured

Front 18

preservatives

Back 18

substances added to food to maintain a desired quality

Front 19

pull date

Back 19

the day by which a product should be sold

Front 20

quality assurance date

Back 20

the latest day when a product is at peak quality

Front 21

radio frequency identification (rfid)

Back 21

a computer chip embedded in a product that allows it to be tracked

Front 22

structure-function claims

Back 22

health claims that can be made without fda approval

Front 23

tie-ins

Back 23

a term referring to the technique of placing complementary products side by side, one being the loss leader and one having its price jacked up to compensate for the loss leader

Front 24

trans fats

Back 24

substances produced when hydrogen is added to vegetable oil in a process known as hydrogenation

Front 25

unit pricing

Back 25

the presentation on store shelves of price information on a common basis

Front 26

addictions

Back 26

psychological and or physiological dependencies on habit-forming substances or practices ex-gambling

Front 27

agent

Back 27

the provider of health care

Front 28

alcohol

Back 28

an intoxicating liquor containing various levels of alcohol

Front 29

aspirational products

Back 29

commodities that appeal to consumers desires to own a brand name product or service

Front 30

biologics

Back 30

a broad product category including vaccines, blood and blood derivatives, allergenic patch tests and extracts, tests to detect HIV and hepatitis, gene therapy products, cells and tissues for transplantation and treatments for cancer and arthritis

Front 31

botox

Back 31

botulinum toxin type A: used for a number of treatments including lessening of facial lines by injection

Front 32

chronic disease

Back 32

sickness that develops and continues over a long period of time, usually caused by a variety of factors including lifestyle

Front 33

consumer health

Back 33

an umbrella term encompassing the decisions people make about their health care, including products and services that they buy or that their insurance covers, and the decisions they make about their lifestyle, including those that affect health care needs

Front 34

cosmetics

Back 34

any substance applied to the body that is used to improve or alter the appearance

Front 35

cues

Back 35

reminders or hints such as ads, signs, packaging and other stimuli that prompt consumers to buy

Front 36

drugs

Back 36

chemicals (not including food) that can affect the function of the body

Front 37

fetal alcohol syndrome

Back 37

the long term effects that babies suffer because of their mothers alcohol abuse

Front 38

generic drug

Back 38

a copy of a brand name drug that is the same in dosage, safety, strength, method of ingestion, quality, performance, and intended use

Front 39

hedonism

Back 39

the view that people want certain products (ex-chocolate) bc the products taste, look, feel or smell good and that people engage in certain behaviors because the behaviors provide sensory benefits

Front 40

infectious disease

Back 40

a communicable disease spread from person to person by invading microorganisms ex-virus, bacteria

Front 41

junk science

Back 41

term referring to an area or field where there is little or no evidence or proof to support a claim

Front 42

lack of efficacy

Back 42

the failure of a pill or treatment to produce the desired effect or outcome

Front 43

malpractice insurance

Back 43

a type of insurance that doctors and clinics have in case they are sued by patients

Front 44

medicare

Back 44

the federal health insurance program for people who are age 65 or older and for people who have disabilities

Front 45

nicotine

Back 45

the chief active ingredient in tobacco that is found in cigarettes, cigars and chewing tobacco

Front 46

over the counter drugs

Back 46

non prescription medications

Front 47

prescription drugs

Back 47

meds obtained by written instructions from a physician for their preparation and use

Front 48

principal

Back 48

the consumer of health care services

Front 49

quacks

Back 49

unscrupulous individuals specializing in medical or health swindles

Front 50

science

Back 50

the observation, id, description, experimental investigation, and theoretical explanation of phenomena

Front 51

scientific literacy

Back 51

the promotion of science education in schools and in communities

Front 52

tanning

Back 52

the bodys response to skin exposed to ultraviolet radiation from the sun

Front 53

tobacco

Back 53

a plant native to america whose leaves are processed for use in cigarettes, cigars, etc.

Front 54

well-being

Back 54

the state of being healthy, happy, and or prosperous, of having both mental and physical health as well as the finances to keep healthy, comfortable, and contented

Front 55

wellness

Back 55

the condition of good physical and mental health, maintained by good diet and exercise

Front 56

adjustable rate mortgages

Back 56

mortgages with fluctuating interest rates within a specific range, based on changes in the economy

Front 57

appreciation

Back 57

an increase in value (usually referring to a home)

Front 58

assets

Back 58

tangible things that are owned

Front 59

closing

Back 59

the meeting in which real estate is transferred from seller to buyer

Front 60

condominiums

Back 60

types of dwellings that are attached to each another and that share common areas such as swimming pools and lobbies: also called town homes

Front 61

consumer unit

Back 61

the consumption of each household that is reported in the consumer expenditure survey conducted by the bureau of labor statistics

Front 62

cooperative apartments

Back 62

large cities usually: homeowners own shares in the building as a whole and have the right to lease their units-also called co-ops

Front 63

defect-disclosure forms

Back 63

forms that describe the condition of the home (required in some states)

Front 64

discrimination

Back 64

an act based on prejudice or bias

Front 65

fixed rate conventional mortgage

Back 65

fixed payment loan that is usually carried for 15, 20, 30 years

Front 66

freddie mac

Back 66

stockholder owned corporation designed to increase the supply of money that lenders can make available to home buyers and multifamily investors

Front 67

high-balling

Back 67

the act of offering a large amount of money up front for commodity (ex-trade in) but making up that extra amount in an increased price (ex-higher priced new car)

Front 68

home equity lines of credit

Back 68

loans often used to finance home improvements that carry a variable interest rate and that allow homeowners to borrow up to a certain amount based on their homes value

Front 69

home inspections

Back 69

assessments of the condition of a home, usually done by a home inspector hired by the prospective buyer before purchasing the home

Front 70

homeowners fees

Back 70

monthly maintenance or repair costs for common areas collected from single family homeowners or from condo owners

Front 71

home warranties

Back 71

types of insurance that provide additional protection for home buyers

Front 72

illiquid asset

Back 72

a personal possession that is difficult to readily turn into cash

Front 73

invoice price

Back 73

the manufacturers initial charge to or cost paid by the dealer

Front 74

lease

Back 74

a legal document between the renter and landlord describing the rights and responsibilities of both

Front 75

leasing

Back 75

contract outlining the terms of a car lease, including monthly payments, security deposit, condition of returned vehicle, and number of miles driven

Front 76

lemon laws

Back 76

regulations that allow owners of new vehicles that repeatedly break down to get their money back or get the cars replaced

Front 77

liabilities

Back 77

sum totals of peoples or entities debts

Front 78

low-balling

Back 78

act of initially quoting a very low price but then adding on costs that drive the final price up

Front 79

manufactured housing

Back 79

a unit that is partially or fully assembled in a factory and moved to the living site

Front 80

mortgages

Back 80

loans used to purchase real estate in which the real estate serves as collateral and the loan amount equals the down payment subtracted from the purchase price

Front 81

net worth

Back 81

a sum arrived at by subtracting liabilities from assets that determines how much a person can borrow or spend

Front 82

PITI

Back 82

"principal, interest, tax, insurance" refers to how lenders estimate mortgages based on the down payment and the buyers ability to handle monthly payments of these

Front 83

predatory lending

Back 83

a type of lending that lures people into loans that they really cant afford, usually by borrowing against the equity in their homes or relatives homes

Front 84

redlining

Back 84

illegal practice of drawing a red line around an area so that area does not receive the same treatment as other areas regarding financing, insurance, or credit

Front 85

rent

Back 85

the payment for the use of property

Front 86

reverse mortgages

Back 86

conversions of home equity into cash paid to (often elderly) homeowners either in monthly advances or through a line of credit, with no repayment required for as long as the borrowers live in their homes

Front 87

revocation of acceptance

Back 87

procedure to get either a monetary refund or a replacement for a defective car

Front 88

security deposit

Back 88

a payment required by the landlord in advance to secure a unit for the renter and to cover wear and tear of the unit

Front 89

sticker price

Back 89

the cost of the car, including options, transportation charges, and any market adjustments; aka suggested retail price

Front 90

subleasing

Back 90

process that allows property to be leased by the original tenant to another person or persons

Front 91

suggested retail price

Back 91

the cost of the car, including options, transportation charges, and any market adjustments; aka suggested retail price
aka sticker price