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buisness
buisness studies
| Question | Answer |
|---|---|
| wages and salaries | income recieved as a reward for work |
| pensions | income paid to people who have retired |
| child benefit | a payment made to parents of children |
| jobseekers benefit | a payment to people who are unable to find emplyment |
| working family payment | a payment availible to emplyees with children . it gives extra finnancial support to people on low pay |
| income for grants | a grant is a sum of money paid to someone for specific purpose. unlike a loan it does not need to be repaid |
| interest on savings | finnancial instutions reward those who save money with them by paying intrest on their savings. |
| dividends on sales | a dividened is the portion of company profit paid to shareholders |
| windfall income | this is income that u dont expectsuch as a win on the national lottery or gifts un inherit |