Also Social Studies Flashcards
indirect payments for their work.
Fringe benefits
payments from the profits of companies in which they own stock.
Dividends
the amount of money left after taxes have been paid
Disposable income
expenses that have to be paid regularly usually every month such as rent and car payments
Fixed expenses
expenses that change from month to month.
Variable expenses
a manufacturers promise to repair it if it breaks within a certain time from the date of purchase.
Warranty
the ability to turn savings back into cash.
Liquidity
savings plan with a set length of time that you must keep your money in the account.
Time deposit
a plan by which a company gives protection from the cost of injury or loss.
Insurance
the occupation for which you train and which you pursue as your life’s work.
Career
a guide published by the department of labor bureau of labor statistic.
Occupational Outlook handbook
Employee paid by the hour
Wage
Employee receives a percentage of the sales price of goods or services as payments for making the sale.
Commission
Employee given additional money for excellent work performance
Bonus
Employee paid for each unit of a product he or she makes
Piecework
