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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 |