Exponential Decay:A process where quantities decrease at a rate proportional to their current value, often modeled by $y = y_0 e^{-kt}$.
Half-Life: The time required for a quantity to reduce to half its initial value. In carbon dating, this refers to the time taken for half of C-14 to decay.
Radioactive Isotope: $An isotope whose nucleus decays over time, releasing radiation. Carbon-14 is one such isotope used in radiometric dating.$