Finacial Lit. C. Voc Word Scramble
|
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Term | Definition |
Hourly Rate | A fixed amount of money paid for each hour of work. |
Straight-time Pay | The total amount of money earned for a pay period at the regular hourly rate. |
Gross Income | The total amount paid during a pay period. |
Overtime Pay | Extra pay for hours worked beyond the regular amount of hours. |
Time and a Half | An overtime pay rate of 1 1/2 times the regular hourly rate. |
Double Time | An over time pay rate of twice the regular hourly rate. |
Weekly Time Card | A daily record of the time you report to work and the time you depart. |
Piecework | A worker receives a specified amount of money for each item of work completed. |
Salary | A fixed amount of money earned on a regular basis. |
Commission | An amount of money paid for selling a product or service. |
Commission Rate | A specified amount of money paid for each sale or a percent of the total value of sales. |
Straight Commission | Pay that consists only of money earned from sales. |
Graduated Commission | Pay based on a different rate of commission for each of several levels of sales. |
Created by:
1844114269143555
Popular Math sets