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IGHS Winkels
Consumer Math Chapter 3 Vocabulary
Term | Definition |
---|---|
salary | the fixed pay for regular work |
yearly salary | the amount of money earned in one year or 12 months |
employee | a person who is hired to work for another person or business |
monthly salary | the amount of money earned in one month |
weekly salary | the amount of money earned in one week or 7 days |
employer | a person or business that gives work to another person |
time card | a record of the hours an employee works |
overtime | the hours worked beyond the number of hours in the regular work week |
hourly wage | the amount of money paid for one hour of work |
percent | a part of a whole, based on 100 parts |
commission | a fee that is sometimes paid for sales work; a commission is uaually a percent of the total sale |