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BizTown Vocabulary
Unit 3
Question | Answer |
---|---|
deduction | To subtract a certain sum of money (tax) |
employee | A person who works for an employer (another person |
employer | a person or business that hires one or more people, usually for a salary |
entrepreneur | someone who recognizes opportunities and organizes resources to take advantage of them |
ethical | Follows standards to determine what is good, right, and proper. |
gross pay | The amount an employee has earned before any taxes or other deductions are subtracted |
interest | A fee received for the use of money |
job application | A form completed by people applying for a job |
job interview | A face to face discussion to determine whether an applicant is suitable for a job |
net pay | Gross pay minus any taxes and other payroll |
paycheck | Salary or wages paid to an employee |
payroll tax | A tax on an employee’s pay |
pay stub | The part of a paycheck that is retained by the employee as a record of pay and payroll deductions |
punctual | Arriving at an arranged time |
resolving conflicts | Process of solving a dispute or disagreement |
skills | Developed abilities a person does well |
teamwork | Cooperative efforts by members of a group to achieve the same overall goal |
work-readiness | The skills that represent the way employees act on the job: punctual, kindness, appropriate dress. |