Term
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Definition
| The income you receive from employment |
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Term
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Definition
| The lowest hourly wage employers can pay most workers by law |
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Term
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Definition
| A wage based on a rate per unit of work completed |
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Term
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Definition
| Payment for work that is expressed as an annual figure |
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Term
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Definition
| Income paid as a percentage of sales made by a salesperson |
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Term
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Definition
| Money paid for service beyond what is required |
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Term
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Definition
| Money added to an employee's base pay |
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Term
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Definition
| The payment and benefits received for work performed |
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Term
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Definition
| A form of nonmonetary compensation received in addition to a wage or salary |
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Term
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Definition
| Wages or salary before you are told when hired for a job |
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Term
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Definition
| A subtraction from your gross income |
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Term
| FICA(Federal Insurance Contribution Act) |
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Definition
| A U.S. goverment agency that protects bank customers by insuring deposits as well as emaning and supervising financial institutions |
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Term
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Definition
| Your gross income(plus bonuses, if you get them), minus payroll deductions |
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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
| Paid by financial institutions, businesses, and government in exchange for the use of customers' money |
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Term
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Definition
| A goverment payment or benefit promised by law to eligible citizens |
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Term
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Definition
| A federal program that provides income when earings are reduced or stopped because of retirement,serious illness or injury,or death |
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Term
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Definition
| 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
| A limitation that affects a person's ability to function in major life activities |
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Term
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Definition
| 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
| Tells your employer how much to withdraw 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
| An expense that can be subtracted from taxable income |
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Term
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Definition
| A tax benefit that reduces the amount of income that is taxed |
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Term
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Definition
| An amount you can subtract form taxes you owe, if you are eligible |
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Term
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Definition
| Payment for work and is usually computed on an hourly,daily,or piecework basis |
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