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FM Vocab 1

TermDefinition
Cashless Society
Credit Card
Debit Card A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.
Dependents
Electronic Transfer Is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, through computer-based systems and without the direct intervention of bank staff.
Exemptions
Fringe Benefits
Gross Income
Garnishment
Inflation
Inheritance
Human Capital The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
IRS
Money
Money Order
Net Pay
Profit
Paycheck Stub
FICA Tax
Treasury Department
Upward Mobility
Windfall Income
Wage
Barter
Created by: 307612