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Ch. 11 Careers and Taxes
Ch.11 Careers and Taxes
23
Finance
10th Grade
10/22/2014

Additional Finance Flashcards

 


 

Cards

Term
Abilities
Definition
Natural or acquired skills or talents.
Term
Advancement
Definition
In terms of a career, an effort one makes (or a milestone one achieves) in bettering one's career.
Term
Aptitude
Definition
An inherent ability or talent.
Term
Benefits
Definition
Entitlements, such as health or life insurance, available in accordance with a wage agreement, insurance, policy, or program.
Term
Career
Definition
A chose pursuit, profession, or occupation
Term
Career Path
Definition
A planned progression of jobs within one or more professions throughout one's working life.
Term
Cost of Living
Definition
The average cost of life's basic necessities, such as shelter, food, and clothing.
Term
Cover Letter
Definition
A letter you send with your resume to provide more information about you.
Term
Education
Definition
The process of acquiring knowledge and developing skills, often through formal education resulting in a specialized degree.
Term
Entry Level
Definition
Indicates a job accessible to a person who is inexperienced in a particular field.
Term
Job
Definition
A regular activity performed in exchange for payment.
Term
Resume
Definition
A brief account of one's work experience and qualifications.`
Term
Salary
Definition
A fixed compensation paid regularly for services.
Term
Skills
Definition
Proficiency acquired through training or experience.
Term
Standard of Living
Definition
A level of material comfort as measured by goods, services, and luxuries.
Term
Earned Income
Definition
Any income (wages/salary) that is generated by working.
Term
Income Tax
Definition
Tax paid out by anyone who earns an income.
Term
Passive Income
Definition
Money earned on a regular basis with little or no effort required to maintain it. Some things that produce passive income are real estate, intellectual property like books or internet content, or a business in which the owner is not actively involved.
Term
Personal Branding
Definition
The process by which we "market" ourselves to others; involves highlighting personal strengths, interests and unique qualities and identifying goals.
Term
Portfolio Income
Definition
Income generated by selling an investment at a higher price than you paid for it.
Term
Property Taxes
Definition
Taxes paid by anyone who owns property such as and, a home or commercial real estate.
Term
Sales Tax
Definition
Tax on goods and services that goes to your state or local government.
Term
Social Security
Definition
A federal insurance program funded by taxpayer dollars that provides benefits to people who are retired, unemployed or disabled.
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