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unit 3

Money

TermDefinition
Wage A payment that is fixed and paid either daily or weekly.
Soft Skills Skills that a person has that allow them to do things effectively.
Net Pay Net pay is the amount of pay that an employees earn after payroll.
Return on Investment This is the the profit off of your investment.
Work Study Program This program is a prgram that helps college students with financial needs and part time jobs.
Salary Job When someone is hired to do a particular job and make a fixed amount of money.
Benefits When your job gives you pirks for what you do and make you want ot work harder and get promoted.
FAFSA This is an application for federal student aid.
Subsidized Loan These are loans for undergrad students that have financial aid.
Economic Stability When the resources to a healthy life.
Career Incentives This is a reward that is used to encourge better employee preformance.
529 Account An account that can be used to help pay for their college.
Unsubsidized Loan Graduate and undergraduate studets can get these loans, they are not based on financial need.
Economic Mobility This is where the economic status changes over a period of time.
Gig Economy Short-term and freelance work in a labor market.
Disposable Income The income after taxes.
Grant when someone gives someone else promision for something
Debt Ratio Debt ratio is the ratio of debt and assests.
Created by: user-1755293
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