Term
|
Definition
| are an alternative to direct deposit on paper checks |
|
|
Term
|
Definition
| is any type of employment in which a worker is paid a fixed piece rate for each unit. |
|
|
Term
|
Definition
| a fixed regular payment typically paid on a monthly or biweekly basis but often expressed as an annual sum. |
|
|
Term
|
Definition
| the state of being scarce or in short supply; shortage |
|
|
Term
|
Definition
| a balance achieved between two desirable but incompatible features; a compromise. |
|
|
Term
|
Definition
| are arranged upon deductions from wages that are withheld from an employees paycheck |
|
|
Term
|
Definition
| is the form that an employer must send to an employee and the internal revenue service (IRS) |
|
|
Term
|
Definition
| tells the employer the correct amount of tax to withhold from an employee's paycheck |
|
|
Term
|
Definition
| is the additional satisfaction or utility that a person receives from consuming an additional unit of a good or service |
|
|
Term
|
Definition
| the cost added by producing one extra item of a product |
|
|
Term
|
Definition
| is the money earned from working before taxes and other deductions |
|
|
Term
|
Definition
| the lowest wage permitted by law or by a special agreement (such as one with a labor union) |
|
|
Term
|
Definition
| is the amount of a person's paycheck left over after any deductions are taken out |
|
|
Term
|
Definition
| the loss of potential gain from other alternatives when one alternative is chosen |
|
|
Term
|
Definition
| is a calculation of hours worked by a worker that exceed those hours defined for a standard work week |
|
|
Term
|
Definition
| is a sustained, long-term downturn in economic activity in one or more economies |
|
|
Term
|
Definition
| is the state of flourishing, thriving, good fortune or successful social status |
|
|
Term
|
Definition
| period of general economic decline, defined usually as a contraction in the GDP for six months (two consecutive quarters) or longer |
|
|
Term
|
Definition
| is the phase of the business cycle following a recession, during which an economy regains and exceeds peak employment and output levels achieved prior to downturn |
|
|
Term
|
Definition
| tax levied by a government directly on income especially an annual tax on personal income |
|
|
Term
|
Definition
| is a sum of money that is paid to an employee upon completion of a task, usually selling a certain amount of goods or services |
|
|
Term
|
Definition
| the employer is required by federal and or state law to deduct a certain amount of the employee's pay and send/remit it |
|
|
Term
|
Definition
| is a recurring length of time over which employee time is recorded and paid |
|
|
