Term
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Definition
| Is the income you recieve 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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Definition
| Is the lowest hourly wage employers can pay most workers by law. |
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Definition
| Is a wage based on rate per unit of work completed. |
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Definition
| Is payment for work that is expressed as an annual figure. |
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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
| Is a form of nonmonetary compensation received 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
| Pay half of the FICA taxes for each emplyees. |
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Term
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Definition
| Is your gross income minus payroll deduction. |
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Term
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Definition
| Earnings from sources other than work. |
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Term
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Definition
| Is paid by financial institutions, buisnesses, 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 benefit promised by the law to eligiable citizens. |
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Term
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Definition
| Is a federal program that provides income when earnings are reduced or stopped because of retirement, serious illness or injury or death. |
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Term
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Definition
| Is a federal program that pays for certain health care expenses for older citizens and others with disabilities. |
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Term
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Definition
| Is a limitation that affects a person ability to function in major life activities. |
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Term
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Definition
| Is a government program that pays certain health care costs for eligible low income individuals and families. |
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Term
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Definition
| it tells your employer how much to withhold from your paychecks as payroll deductions. |
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Term
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Definition
| It states the amount you were paid during the previous year. |
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Term
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Definition
| is an expense that can be subtracted from taxable income. |
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Term
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Definition
| Is a tax benefit that reduces the amount of income that is taxed. |
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Term
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Definition
| Is an amount you can subtract from the taxes you owe, if you are elgibile. |
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