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PF Ch 1 Gross Income
Vocabulary words and terms for Ch 1
Term | Definition |
---|---|
hourly rate | A fixed amount of money for every hour that you work |
double time | an overtime pay rate |
straight-time | The total amount of money you earn during a pay period at your regular rate |
salary | A fixed amount of money that you earn on a regular basis |
commission | An amount of money you are paid for selling a product or service |
weekly time card | A daily record of when you report to work and when you leave |
piecework | When you are paid a specific amount of money for each item of work completed |
gross income | The total amount of money you earn during a pay period |