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zMath Finance C1 adp
zMath Finance C1 adapted
| Term | Definition |
|---|---|
| bartering | trading items other than money |
| money | tool that makes it easier to trade one thing of value for another |
| employer | person or company who hires a person and pays him or her for work done |
| minimum wage | lowest hourly wage employers are legally required to pay employees |
| overtime pay | wages that are earned when an employee works more than 40 hours in a week |
| salary | fixed payment for a person's work, usually paid monthly or twice per month |
| gross pay | employee's total pay before deductions |
| pay period | repeating time frame that an employer uses to calculate and pay salaries and wages |
| direct deposit | automatic deposit of a person's paycheck into his or her checking account |
| commission | percentage of the amount of a business transaction paid to a sales agent or broker |
| contract | formal agreement between two or more entities, such as people or organizations |
| entrepreneur | person who starts a business venture and assumes the risk of its success or failure |
| income | money received by a person or company |