Unit 12 - Reference

A wallet is a small, flat case used to carry personal items such as cash, credit cards, and identification documents. Typically made of leather or fabric, wallets have a folding design that allows them to easily fit in a pocket or purse. They may feature multiple compartments for organization and security features like zippers, buttons, or snaps. Some wallets also include RFID-blocking technology to protect against electronic identity theft. Wallets are commonly used by individuals to keep their personal items organized and secure while on the go.

A purse, also known as a handbag, is a small bag used by women to carry personal belongings such as a wallet, makeup, mobile phone, keys, and other essentials. Purses are usually made from various materials such as leather, suede, nylon, canvas, and more. They come in various styles, designs, and colors to suit different occasions and outfits. Some purses have a single compartment, while others have multiple compartments with zippers or magnetic closures to keep items organized and secure. Purses can be carried by hand or worn over the shoulder with a strap, and they are a fashionable accessory that adds a touch of style to any outfit.

A fare is the fee paid for a service, especially for transportation, such as buses, trains, or taxis. It can also apply to fees for things like ridesharing services or ferry rides. The amount of a fare often depends on factors like distance, time, or type of service. The purpose of a fare is to cover the cost of providing the service, helping to maintain and operate transportation systems and ensure they are accessible to users.

A grant is a sum of money provided by an organization, government, or foundation to support a specific purpose or project. Grants are typically given to individuals, organizations, or institutions that meet certain criteria, and they do not need to be repaid. They can be awarded for a variety of reasons, such as funding research, supporting education, or assisting with community development. Grants are often based on need, merit, or specific goals that align with the goals of the granting organization.

A scholarship is a financial award given to a student to help pay for their education. Scholarships are typically based on criteria such as academic achievement, financial need, athletic ability, or other talents or characteristics. Unlike loans, scholarships do not have to be repaid. They can cover a variety of educational expenses, including tuition, books, and other fees. Scholarships are offered by schools, government agencies, private organizations, or foundations and can help make education more accessible to students by easing the financial burden.