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unit 18 key terms
| Term | Definition |
|---|---|
| application forms | forms or records completed when applying for a job |
| budget | an itemized list of income and expected expenditures for a period of time |
| cover letter | letter written with the purpose of obtaining an interview |
| deductions | things subtracted or taken out (for example, monies taken out of a paycheck for various purposes) |
| externship | learning opportunities offered by educational institutions to give students short, practical experiences in their field of study |
| fixed expenses | those items in a budget that are set and usually do not change (for example, rent and car payments) |
| gross income | amount of pay earned before deductions are taken out |
| income | total amount of money received in a given period (usually a year); salary is usually the main source |
| internships | on the job training that provides students with an opportunity to gain experience in their field of study |
| job interview | a face to face meeting or conversation between an employer and an applicant for a job |
| letter of introduction | letter written with the purpose of obtaining an interview |
| net income | amount of pay received for hours worked oafter all deductions have been taken out; take home pay |
| resume | a summary of a persons work history and experience, submitted when applying for a job |
| variable expenses | in a budget, an expenses that can change or be adjusted (for example, expenses for clothing and entertainment) |
Created by:
ximenah.garcia