Term
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Definition
| is the income you receive from employment |
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Term
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Definition
| is payment for work and is usually computed on an hourly, daily, or piecework basis |
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Term
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Definition
| is the lower hourly wage employers can pay most workers by law |
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Term
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Definition
| is a wage based on rate per unit of work completed |
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Term
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Definition
| is payment for work that is expressed as an annual figure |
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Term
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Definition
| is income paid as a percentage of sales made by a salesperson |
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Term
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Definition
| or gratuity is money paid for service beyond what is required |
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Term
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Definition
| is money added to an employee's base pay |
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Term
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Definition
| is the payment and benefits recieved for work performed |
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Term
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Definition
| or fringe benifit is a form of nonmonetary compensation recieved in addition to a wage or salary |
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Term
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Definition
| is wages or salary before payroll deductions |
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Term
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Definition
| is a subtraction from your gross income |
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Term
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Definition
| or take-home pay is your gross income (plus bonuses if you get them) minus payroll deductions |
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Term
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Definition
| is earnings from sources other than work |
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Term
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Definition
| is paid by financial instutions, businesses, and government in exchange for the use of customers money |
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Term
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Definition
| is a government payment or benifit promised by law to eligble citizens |
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Term
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Definition
| is a fedural program that provides income when earnings are reduced or stoped |
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Term
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Definition
| is a fedural program that pays for certian health care expenses for older citizens and others with disibilities |
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Term
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Definition
| is a limitation that affect a persons ability to function in major activities |
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Term
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Definition
| is government promgram that pays certian health care cost for eligible low income individuals and families |
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Term
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Definition
| employes withholding allowance |
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Term
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Definition
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Term
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Definition
| is an expense that can be subtracted from tax able income |
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Term
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Definition
| is a tax benifit that reduces the amount of income that is taxed |
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Term
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Definition
| is an amount you can subtrat from the taxes you owe with if you are eligible |
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Term
| FICA ( fedural insurance contributions Act) |
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Definition
| it is 7.65 percent of earning s |
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