What is given without expectations of repayment called?

Study for the DECA Business Administration Core Exam. Enhance your understanding with comprehensive questions, hints, and explanations. Prepare to excel in your test!

The term for something given without the expectation of repayment is best captured by the concept of a monetary gift. A monetary gift refers to funds or resources bestowed upon an individual or organization without any anticipated return or obligation. Unlike a loan, which is expected to be repaid, or a scholarship that might come with conditions attached (like maintaining a certain academic performance), a monetary gift is typically freely given out of generosity or goodwill.

While charity can also refer to acts of generosity, it often implies a broader context involving organizations or initiatives aimed at helping others, which may or may not always be in the form of direct financial gifts. The essence of a monetary gift lies in its unconditional and personal nature. This clear distinction helps define why "C. Monetary Gift" is the most appropriate answer in this context.

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